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Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 11 hrs ago | 571 | by Staff reporter
War vets company holds AGM amid squabbles
Zvimba East Veterans Investment Company (Zevic), a company wholly owned by veterans of the liberation struggle, is set to hold its Annual General Meeting (AGM) on December 20, 2024, despite ongoing sh...Published: 11 hrs ago | 162 | by Staff reporter
Customs experts gather in Victoria Falls
CUSTOMS experts from East and Southern Africa are gathered in Victoria Falls for a strategic meeting that seeks to discuss a variety of issues including coming up with a draft strategy, and excise man...Published: 07 Nov 2024 at 07:03hrs | 91 | by Staff reporter
'Bosso, Greenfuel match netted US$811'
Highlanders Football Club Chairman, Kenneth Mhlophe, has disclosed that their recent Castle Lager Premier Soccer League match against GreenFuel at Barbourfields Stadium generated a modest US$811 from ...Published: 06 Nov 2024 at 06:55hrs | 309 | by Staff reporter
Management shake up at RBZ
The Reserve Bank of Zimbabwe (RBZ) is initiating a significant remodelling of its management structure as newly appointed Governor John Mushayavanhu aims to assemble a capable team to address the coun...Published: 01 Nov 2024 at 06:48hrs | 2518 | by Staff reporter
Gono company directorship change case takes new twist
The trial of Clark Clever Makoni and his wife Beverly Aisha Ndonda Makoni resumed yesterday, with the prosecution alleging that the couple engaged in fraudulent activities by illegally changing the di...Published: 01 Nov 2024 at 06:40hrs | 469 | by Staff reporter
War vets company duped US$13,000
Four directors of Zvimba East Veterans Investment Company appeared before Harare magistrate Lisa Mutendereki recently, facing allegations of defrauding the company of US$13,000 through forgery. The ac...Published: 27 Oct 2024 at 12:27hrs | 103 | by Staff reporter
Gono company loss case continues
A key witness in the ongoing fraud trial involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has stated that Gono should be summoned to court to ...Published: 26 Oct 2024 at 12:42hrs | 68 | by Staff reporter
Gono fraud case takes a turn
The ongoing case involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe governor Gideon Gono took a surprising twist yesterday when a key witness admitted he had no direct evi...Published: 24 Oct 2024 at 08:00hrs | 989 | by Staff reporter
Tafadzwa Bandama appointed new Director-General of Zimstat
Local economist Tafadzwa Bandama has been appointed the new Director-General of the Zimbabwe National Statistics Agency (Zimstat), the country's primary statistics agency. This appointment follows the...Published: 18 Oct 2024 at 10:34hrs | 344 | by Staff reporter
Moxon dynasty takes over at Meikles Limited
Meikles Limited has announced the appointment of former chairman John Moxon's son Matthew John Moxon as its acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO po...Published: 15 Oct 2024 at 10:38hrs | 3082 | by Staff reporter
Mutapa to acquire drug producer CAPS Holdings
Zimbabwe's sovereign wealth fund, the Mutapa Investment Fund, is set to acquire local healthcare and drug manufacturing giant CAPS Holdings, despite a Supreme Court ruling earlier this year overturnin...Published: 14 Oct 2024 at 08:10hrs | 186 | by Staff reporter
Nama calls for submissions for next year's ceremony
The National Arts Merit Awards (Nama) have officially opened their doors for submissions, inviting artists and cultural visionaries from across Zimbabwe to showcase their exceptional contributions to ...Published: 09 Oct 2024 at 07:43hrs | 35 | by Staff reporter
Harare City Council uncovers $2 million scandal
A seven-member sub-committee appointed by the Harare City Council has uncovered a scandal that has cost the municipality over US$2 million in a dubious land deal. The investigation, initiated in May 2...Published: 08 Oct 2024 at 07:32hrs | 550 | by Staff reporter
Zanu-PF MP ordered to pay US$3 million
Zanu-PF's Insiza North Member of Parliament, Farai Taruvinga, a prominent gold baron in Matabeleland South province, is facing legal action from gold buyer Shasha Richard Gomez over an unpaid gold del...Published: 07 Oct 2024 at 12:18hrs | 1789 | by Staff reporter
Unethical practices stall Zimbabwe's development
Experts have identified unethical practices and insufficient corporate governance structures as significant contributors to Zimbabwe's underdevelopment. This observation was made during the inaugural ...Published: 07 Oct 2024 at 08:06hrs | 238 | by Staff reporter
Court withdraws fraud allegations against couple
The State has withdrawn some of the fraud charges against Clark Clever Makoni and Beverly Aisha Ndonda Makoni, who are accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono ...Published: 05 Oct 2024 at 11:34hrs | 181 | by Staff reporter
Gono accused of using political muscle in property dispute
A Harare couple, Clark Clever Makoni and Beverly Aisha Ndonda Makoni, have accused former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono of leveraging his political connections in a property disp...Published: 05 Oct 2024 at 11:33hrs | 103 | by Staff reporter
Gono's suspected fraudsters' case latest
Regional Magistrate Stanford Mambanje upheld the State's application to tender a deed of settlement related to a high-profile fraud case involving former Reserve Bank of Zimbabwe governor Gideon Gono'...Published: 04 Oct 2024 at 08:47hrs | 354 | by Staff reporter
Harare City Council suppliers refuse ZiG payments
The Harare City Council is facing significant challenges in maintaining its operations following the recent devaluation of the Zimbabwean Gold (ZWG) currency, further hampering service delivery in the...Published: 03 Oct 2024 at 16:24hrs | 413 | by Staff reporter
Simbisa Brands warns job seekers of employment scams
Simbisa Brands, a prominent fast food outlet company in Zimbabwe, has issued a public warning regarding a surge in job scams targeting desperate job seekers. In a notice released this week, the compan...Published: 02 Oct 2024 at 10:21hrs | 158 | by Staff reporter
Businessman, lawyer in US$800k fraud scandal
Harare businessman Ariginero Muzeya and lawyer Agness Chatsama have been charged in a fraud case involving US$800,000, stemming from the alleged illegal sale of a valuable property. The duo appeared b...Published: 01 Oct 2024 at 08:57hrs | 308 | by Staff reporter
Zimbabwe businessmen face US$1.4 Million fraud charges over property scam
Two prominent businessmen from Harare, Satishbhai Patel, 60, director of Honda Centre, and Ebrahim Mahomad, 57, director of Union Hardware, have been arrested and charged with fraud amounting to US$1....Published: 30 Sep 2024 at 07:59hrs | 1070 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3363 | by Tendai Ruben Mbofana
War veterans company in turmoil
Zvimba East Veterans Investment Company (ZEVIC), a firm established and wholly owned by veterans of the liberation struggle, is embroiled in turmoil following revelations that its bank account has bee...Published: 29 Sep 2024 at 11:30hrs | 428 | by Staff reporter
Mafia Tactics? Chinese family hounded by convicted Italian mafia boss as deportation mystery deepens
In a chilling escalation of legal and criminal misconduct, convicted Italian mafia boss Francesco Marconati has become the focal point of an international...Published: 19 Sep 2024 at 18:37hrs | 1438 | by Staff Reporter
Zimbabwe business couple claims state persecution in US$137m fraud trial
A Harare business couple involved in Estate management has accused prosecutors of dancing to the tune of unscrupulous top ranked government and police officers allegedly determined to fix them on beha...Published: 19 Sep 2024 at 15:54hrs | 635 | by Staff reporter
Ruling deferred for Dr Gono's suspected fraudsters
Harare regional magistrate Mr. Stanford Mambanje has postponed his ruling in the fraud case involving Clark Clever Makoni and Beverly Aisha Ndonda Makoni, who are accused of illicitly transferring pro...Published: 19 Sep 2024 at 10:47hrs | 447 | by Staff reporter
Arrest warrant issued for Gideon Gono
An arrest warrant has been issued for former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono after he failed to appear at the Harare Magistrates Courts on Monday regarding a fraud case linked to t...Published: 19 Sep 2024 at 07:36hrs | 3543 | by Staff reporter
Marconati gets two-year jail term in Zimbabwe
Marondera businessman Francesco Marconati has been sentenced to two years in prison after being found guilty of fraudulently removing his business partner from the directorship of Eagle Italian Shoes....Published: 18 Sep 2024 at 18:20hrs | 728 | by Staff reporter
Zimbabwe's missing link
IN today's rapidly changing global business environment, organisations are under increasing pressure to remain competitive, innovative and sustainable.Leadership, in its truest sense, has beco...Published: 18 Sep 2024 at 08:29hrs | 130 | by Staff reporter
200 benefit from OMZ Women's Roundtable
Nearly 200 prominent female executives, entrepreneurs, and representatives from diverse sectors joined the transformative financial inclusion gathering de...Published: 17 Sep 2024 at 21:45hrs | 128 | by Paul Ndou
Warrant of arrest for Francesco Marconati
A Harare magistrate, Mr. Donald Ndirowei, has issued a warrant of arrest for Marondera businessman Francesco Marconati after he failed to appear in court for sentencing.Marconati was convicted...Published: 11 Sep 2024 at 19:47hrs | 517 | by Staff reporter
Redundant Zimbabwe civil service posts to be abolished
The government is set to reorganize the civil service by rationalizing jobs and grades, reducing managerial posts, and eliminating redundant positions to enhance efficiency, according to Information, ...Published: 11 Sep 2024 at 08:38hrs | 353 | by Staff reporter
Suspected mine extortionists in court
Two of the five suspects involved in a mining extortion scandal in Matabeleland South appeared before the Bulawayo Magistrate's Court on Friday, where they were granted bail set at US$300 each. The su...Published: 10 Sep 2024 at 09:46hrs | 476 | by Staff reporter
The new Champions League format
The Champions League has a new format, and leaving aside the sporting part, the business it means is quite considerable because it increases the matches and the excitement, this obviously is also mone...Published: 31 Aug 2024 at 19:13hrs | 806 | by Staff Reporter
Harare Commission uncovers massive land looting
The Commission of Inquiry into Harare City Council operations has revealed that ahead of last year’s harmonised elections, councillors from the Citizens Coalition for Change (CCC) engaged in a large...Published: 27 Aug 2024 at 07:50hrs | 367 | by Staff reporter
Commission exposes Harare land scam
The Commission of Inquiry into the Governance of Harare City Council recently uncovered tactics used by city councillors, mostly from the Citizens Coalition for Change (CCC), to loot council land thro...Published: 21 Aug 2024 at 07:09hrs | 228 | by Staff reporter
Pioneering progress amid resource constraints in African radiology and oncology
Experts are concerned about resource limits and insufficient radiology skills and services in Africa, particularly for cancer detection and treatment. As the continent grapples with the rising burden ...Published: 15 Aug 2024 at 07:41hrs | 143 | by Agencies
Businessman approaches High Court over magistrates ruling
Italian businessman Francisco Marconati has approached the High Court seeking a review of decisions made by two magistrates, arguing that they violated proper judicial procedures. Marconati, who owns ...Published: 14 Aug 2024 at 08:41hrs | 208 | by Staff reporter
Mafume, 2 directors named in corrupt rental of bars
Harare Mayor Jacob Mafume and two Rufaro Marketing Private Limited directors, Juma Ulete and Ngoni Chimbalu, have been implicated in rampant corruption and abuse of office within the Harare City Counc...Published: 18 Jul 2024 at 06:26hrs | 483 | by Staff reporter
Mnangagwa reshuffles security chiefs
President Emmerson Mnangagwa has reshuffled senior Central Intelligence Organisation (CIO) officials, elevating those seen as loyal to him amid succession tensions within the ruling Zanu-PF party. Mna...Published: 15 Jul 2024 at 16:42hrs | 7901 | by Staff reporter
Zuma's MK Party brings big guns to NCOP
The uMkhonto Wesizwe (MK) Party is planning to send a team of heavyweights as its new members in the National Council of Provinces (NCOP) as early as this week.Sunday World revealed that forme...Published: 07 Jul 2024 at 19:02hrs | 42 | by Mzilikazi wa Afrika
Land developer up for fraud
Directors of Full Life Open Arms Africa (Private) Limited Andrew Chegutu and Godknows Nelson Mandaza have been taken to court for allegedly defrauding Chiredzi Town Council and Chiredzi Rural Council ...Published: 06 Jul 2024 at 11:44hrs | 6 | by Staff reporter
Zimbabwe's legal titan dies
Sternford Moyo, a distinguished Zimbabwean legal titan, passed away this morning after a brief illness. Moyo, a senior partner and chairman at Harare-based law firm Scanlen and Holderness, was revered...Published: 05 Jul 2024 at 17:06hrs | 23 | by Staff reporter
Delma Lupepe sucked in nasty mine dispute
Former Amazulu Football Club owner and businessman Delma Lupepe is embroiled in a contentious legal battle over allegations of fraudulently acquiring Duive Enterprises Private Limited, a mining entity...Published: 01 Jul 2024 at 04:04hrs | 58 | by Staff reporter
Son sues father for US$250 000 fraud
An 86-year-old man, Graham Garnet Metcalf Hall of Borrowdale Brooke, is facing fraud charges for allegedly selling his son's property in Dandaro Village, Harare, for US$250,000 without authorization. ...Published: 27 Jun 2024 at 06:41hrs | 4 | by Staff reporter
Harare commission granted a warrant for search and seizure
The commission of inquiry appointed by President Emmerson Mnangagwa to investigate the governance of Harare City Council since 2017 will commence public hearings today following the issuance of a warr...Published: 24 Jun 2024 at 07:06hrs | 20 | by Staff reporter
How Zanu-PF linked businessmen squandered money for presidential goats
ZANU-PF-linked businessmen Mike Chimombe and Moses Mpofu have come under scrutiny following revelations from an internal Zimbabwe Anti-Corruption Commission (Zacc) report dated June 7, 2024. The repor...Published: 21 Jun 2024 at 11:26hrs | 1 | by Staff reporter
Ministers, CEOs call for adoption of AI
The CEO's Africa Roundtable kicked off in the resort town of Victoria Falls amid robust debate and cross fertilisation of ideas to catapult Africa to its full potential and eliminate poverty on the co...Published: 15 Jun 2024 at 13:04hrs | | by Mandla Ndlovu
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