Search / Externalising
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 16 | by Rutendo Bereza Matinyarare
Whistleblower seeks High Court protection
A LOCAL businessman, who exposed a well-organised syndicate for externalising foreign currency through the Reserve Bank of Zimbabwe, has approached the High Court seeking protection since his life is ...Published: 05 Apr 2024 at 06:01hrs | 15 | by Staff reporter
Businessman seeks police boss' help
The director of Marondera- based Eagle Italian Leather and Shoes Company, Francesco Marconati, has pleaded with ZRP Commissioner- General Godwin Matanga to intervene and order the arrest of his former...Published: 25 Mar 2024 at 05:29hrs | 1 | by Staff reporter
Mnangagwa's Zanu-PF using sanctions as excuse for corruption
Moses Mzila Ndlovu says the Zanu-PF government is heavily profiting from corruption, with the elite externalising funds out of the country and investing them elsewhere rather than in social services, ...Published: 08 Mar 2024 at 07:31hrs | | by Staff reporter
AU accomplice in Zimbabwe corruption
THE sincerity of African leaders and institutions in fighting corruption has come under scrutiny following the appointment of controversial Zimbabwean self-styled prophet Uebert Angel as its Pan-Afric...Published: 25 Jul 2023 at 08:24hrs | 2 | by Staff reporter
Mnangagwa exposed
ZIMBABWEAN President Emmerson Mnangagwa has been left exposed and politically vulnerable following ground-breaking revelations by Qatar-based international television network Al Jazeera's of gold...Published: 25 Mar 2023 at 18:23hrs | 11 | by Staff reporter
Chiwenga duped
The Cold Storage Company in Bulawayo remains closed, despite a grand "official re-opening" by Vice President Constantino Chiwenga on August 22, ZimLive can reveal.Chiwenga, then the acting pre...Published: 09 Sep 2022 at 19:57hrs | 1 | by Staff reporter
Mubaiwa family laments as Chiwenga wife's health deteriorates
THE family of Vice-President Constantino Chiwenga's estranged wife Marry Mubaiwa say they are in agony as the health of the former top model deteriorates at a time she is being denied her passport to ...Published: 02 Apr 2022 at 07:27hrs | 5 | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 25 Mar 2022 at 05:54hrs | 1 | by Rutendo Bereza Matinyarare
Taskforce to clampdown on currency manipulators
THE Reserve Bank of Zimbabwe (RBZ) is setting up a taskforce consisting of various law enforcement units to enhance capacity to arrest the indiscipline in the financial system. This comes after the Jo...Published: 04 Mar 2022 at 17:41hrs | | by Staff reporter
Chiwenga's estranged wife's R14m house seized in SA
SOUTH African authorities have seized property belonging to Zimbabwean vice-president Constantino Chiwenga's estranged wife Marry Mubaiwa.The property includes Mubaiwa's R14m upmarket house in...Published: 22 Feb 2022 at 15:31hrs | 6 | by Staff reporter
Rogues wreak havoc on forex auction, says RBZ
ZIMBABWE'S foreign currency auction system is under siege from a cartel of rogue local and international companies externalising millions of United States dollars (USD) under a well-orchestrated schem...Published: 07 Jan 2022 at 19:40hrs | 6 | by Staff reporter
Zimbabwe loses US$1,3bn in forex leaks
ABOUT US$1,3 billion is being siphoned out of the country every year and the proceeds are benefitting countries that ironically accuse Government of corruption.This was revealed by the Zimbabw...Published: 19 Sep 2021 at 08:10hrs | | by Staff reporter
PG guns for forex looters
MORE than 1 800 individuals and corporates who were linked to externalising nearly US$1 billion by contravening exchange control regulations will soon be hauled before the courts.Prosecutor-Ge...Published: 23 May 2021 at 07:23hrs | | by Staff reporter
RBZ to blacklist auction forex abusers
Importers that do not acquit bills of entry to prove proper use of foreign currency from the auction system shall be blacklisted, according to Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya....Published: 02 May 2021 at 08:50hrs | | by Staff reporter
RBZ intensifies probe on forex auction violators
THE Reserve Bank of Zimbabwe (RBZ) has launched a crackdown on businesses that violated exchange control rules, demanding import and export acquittal records for the past five years.Informatio...Published: 23 Apr 2021 at 07:29hrs | 1 | by Staff reporter
Chiwenga's wife likely to abscond trial, says court
THE Supreme Court has thrown out Marry Mubaiwa's application to get her passport back to travel to South Africa for medical treatment, saying she is likely to abscond trial.Mubaiwa is facing m...Published: 21 Mar 2021 at 12:22hrs | 1 | by Staff reporter
Ex-top banker speaks on daring escape
NMBZ Holdings founder James Mushore has spoken of how he evaded arrest and fled to exile over a decade ago after being accused of externalising foreign currency.Mushore (JM) told Alpha Holding...Published: 07 Mar 2021 at 08:12hrs | 5 | by Staff reporter
Chiwenga's wife seeks release of passport to undergo treatment in SA
TROUBLED former supermodel and estranged Vice President Constantino Chiwenga's wife, Marry Mubaiwa has approached the High Court with an urgent chamber application seeking the release of her passport....Published: 04 Dec 2020 at 06:38hrs | 6 | by Staff reporter
The political economy of corruption
As a cancer inherent in varying degrees of intensity across the globe, corruption is an integral part of the political economy of world capitalism.So, the capitals of the western world lie at ...Published: 25 Oct 2020 at 08:24hrs | 1 | by Ibbo Mandaza
Biti's dealings under ZACC investigation, says Gutu
MDC-T Vice President, Obert Gutu, has come out guns blazing alleging that millions of public funds disappeared in the now collapsed Interfin Bank under the watch of loudmouth, Tendai Biti who was the ...Published: 25 Jul 2019 at 19:44hrs | | by Sizalobuhle Khumalo
Mugabe Airways: The untold story
Former president Robert Mugabe's son-in-law, Mr Simba Chikore used his family ties to manipulate processes, corrupt people and enter into shady deals involving several stakeholders during his time at ...Published: 11 Mar 2019 at 06:54hrs | | by Tichaona Zindoga
Emmerson Mnangagwa is a monumental failure
Robert Mugabe's protracted despotic rule brought Zimbabwe down to its knees. Such was the damage to a nation hitherto referred to as 'Jewel of Africa' that the general consensus was that things could ...Published: 12 Jan 2019 at 18:28hrs | | by Grace Kwinjeh
Van Hoogstraten opens up on Hwange Colliery
BRITISH businessman Nicholas van Hoogstraten yesterday opened up to journalists on the demise of Hwange Colliery Company Limited, saying it was being run down by corruption and financial mismanagement...Published: 04 Dec 2018 at 06:41hrs | | by Staff reporter
Fraud allegations rocks Zifa
WITH the ZIFA board elections approaching its home-stretch this week, the battle for places on the executive took a nasty turn over the weekend amid untested allegations of misappropriation of funds a...Published: 26 Nov 2018 at 05:38hrs | | by Staff reporter
Mnangagwa's anti-graft fight unconvincing
FOR splurging £16 million (US$21 million) on pricey jewellery and vintage wines over a decade, a British woman became the first target of a law seeking to dissuade criminals from enjoying their ill-g...Published: 16 Nov 2018 at 12:46hrs | | by Staff reporter
RBZ bosses suspension laudable, but ...
YESTERDAY'S suspension of four senior Reserve Bank of Zimbabwe (RBZ) directors fingered in fuelling the parallel market rates between the United States dollar and the bond notes, which has resulted in...Published: 23 Oct 2018 at 06:34hrs | | by Editorial - newsday
NPA turns down prosecution of Magamba Network for allegedly externalising foreign currency
THE National Prosecuting Authority (NPA) has declined to prosecute Magamba Cultural Activist Network Trust for allegedly externalising foreign currency without authority from the Reserve Bank of Zimba...Published: 19 Oct 2018 at 09:26hrs | | by Stephen Jakes
Mugabe forced to submit list of properties he acquired outside Zimbabwe
Former President Robert Mugabe has found himself on a list of individuals suspected to have externalised billions in recent years and forced to submit a list of properties he acquired outside the coun...Published: 18 Oct 2018 at 07:31hrs | 6 | by Staff reporter
Mnangagwa closes in on forex kingpins
President Emmerson Mnangagwa's administration is apparently closing in on foreign currency kingpins - amid indications that a number of Zanu-PF bigwigs and prominent businesspeople are among those fac...Published: 17 Oct 2018 at 15:40hrs | | by Staff reporter
Zanu-PF youths gun for forex dealers
Zanu-PF youths have declared war on illegal traders and ruling party bigwigs suspected of being behind the country's thriving foreign currency black market.Their warning comes as bond notes co...Published: 07 Oct 2018 at 12:53hrs | | by Staff reporter
Chamisa says bond note must go
MDC president Nelson Chamisa has called for the urgent removal of the bond note, saying the surrogate currency has worsened the economic crisis gripping the country.In a recent tweet, the MDC ...Published: 01 Oct 2018 at 18:05hrs | | by Staff reporter
Woman externalises $6m to Botswana
A BULAWAYO businesswoman, who had been on the police wanted list for allegedly externalising more than $6 million to Botswana, appeared in court yesterday. Delny Deanna Ashley Davies (41) of M...Published: 28 Sep 2018 at 07:03hrs | 1 | by Staff reporter
Zanu-PF, Mines ministry officials grab gold mine
The Affirmative Action Group (AAG) has intervened in a mine ownership wrangle after senior Zanu-PF officials and officials from the Mines ministry attempted to wrestle a gold mine from Chief Sigodo in...Published: 23 Sep 2018 at 14:28hrs | 1 | by Staff reporter
Chamisa to expose Mnangagwa-linked companies
This threat was made in March 2018 and nothing was exposed, one wonders whether Nelson Chamisa had anything to expose.OPPOSITION leader and MDC Alliance...Published: 15 Sep 2018 at 09:27hrs | | by Staff reporter
30 July: Zanu-PF has lost the battle for common sense
In an intelligent but unpublished BA Honours dissertation titled "The Challenges faced by Opposition parties in rural Zimbabwe: The case of MDC in Gutu South, 2000-2006", John Mutumburanzou examines t...Published: 26 Jul 2018 at 07:24hrs | 1 | by Munyaradzi Ziburawa
We are boycotting the elections: Chigumba concede
Enough is enough! We won't be fooled by the current fake democracy any longer! This electoral system is fundamentally undemocratic and a fraud. We have a choice and a right to withhold our vot...Published: 23 Jul 2018 at 07:54hrs | 2 | by Themba Mthethwa
$4m, 98kg gold haul probe still on
Police have intensified investigations into a case in which they raided a Harare company following a tip-off last Thursday and recovered US$4 million in cash and 98 kilogrammes of gold stashed in suit...Published: 10 Jul 2018 at 07:13hrs | | by Staff reporter
Chamisa dares Mnangagwa
President Emmerson Mnangagwa cannot weed out corrupt elements within his government because he has dirty hands, MDC Alliance leader Nelson Chamisa has said.Speaking at a rally in Zvishavane on...Published: 09 Jul 2018 at 15:33hrs | | by Staff reporter
5 arrested in $4 million, 98kg gold haul
POLICE raided a Harare house following a tip-off on Thursday and recovered US$4 million in cash and 98 kilogrammes of gold stashed in suitcases. National police spokesman Chief Superintendent ...Published: 07 Jul 2018 at 08:58hrs | | by Staff reporter
Mugabe wanted to kill Makamba over Grace
FORMER Telecel Zimbabwe boss and businessman, James Makamba, yesterday revealed that he fled the country and remained in self-imposed exile for 13 years after former President Robert Mugabe threatened...Published: 09 Jun 2018 at 15:55hrs | | by Staff reporter
'Phidza' defies Govt on externalisation
In an act of defiance against President Emmerson Mnangagwa's call for easy of doing business by embracing plastic money, prominent businessman, Philip 'Phidza' Mapfumo does not accept EcoCash or swipe...Published: 02 Jun 2018 at 20:43hrs | | by Staff reporter
Mugabe could spill diamond beans
ZIMBABWE'S intelligence services bosses fear parliament's bid to summon former president Robert Mugabe to provide oral evidence on the supposed missing US$15 billion diamond revenues could open a Pand...Published: 01 Jun 2018 at 16:38hrs | 6 | by Staff reporter
Mnangagwa's anti-graft blitz loses steam
The anti-corruption crusade rolled out by President Emmerson Mnangagwa when he assumed the top office late last year is losing steam as the mighty and powerful are finding ways of escaping the long ar...Published: 30 May 2018 at 08:51hrs | | by Staff reporter
Mnangagwa bows to Chinese pressure
THE Zimbabwean government has bowed to Chinese pressure and will restore Anjin Investment's operating licence after finalisation of the new diamond policy, nearly three years after the entity was stop...Published: 24 May 2018 at 10:16hrs | 1 | by Staff reporter
Makamba going into self-imposed exile once again?
It never rains but it pours for businessman, James Makamba.Less than five months following his return to his motherland, analysts fear that Makamba could be contemplating going into self-impos...Published: 06 May 2018 at 12:14hrs | 1 | by Staff reporter
Makamba, Mnangagwa's son-in law bury hatchet
PROMINENT Lawyer Gerald Mlotshwa and businessman James Makamba are said to have resolved their differences over the Empowerment Corporation (EC) 40% shareholding in Telecel Zimbabwe which a cabinet mi...Published: 13 Apr 2018 at 12:52hrs | | by Staff reporter
Mnangagwa caught in Telecel Zimbabwe saga
PRESIDENT Emmerson Mnangagwa is caught in an invidious position in the Telecel Zimbabwe saga, as he has to choose between taking sides with his son-in-law and prominent lawyer Gerald Nqobile Mlotshwa,...Published: 06 Apr 2018 at 13:32hrs | 1 | by Staff reporter
Chinese looters off the hook
Government has said taking action against Chinese looters will be tantamount to being xenophobic, as other foreign nationals and locals had also spirited cash out of the country.Chinese indivi...Published: 03 Apr 2018 at 09:07hrs | | by Staff reporter
Mnangagwa brings the money
President Emmerson Mnangagwa's amnesty for illegal externalisation of money has shored up Zimbabwe's foreign currency reserves – and has also exposed the impunity with which companies and individual...Published: 03 Apr 2018 at 07:08hrs | 1 | by Staff reporter
Load More Stories
