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Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2139 | by Staff reporter
Zimbabwe losing billions in inflated infrastructure project costs
Zimbabwe may be losing billions of dollars in inflated costs for its massive infrastructure projects due to the absence of advanced software for accurate project pricing, according to a local industry...Published: 06 Dec 2024 at 18:11hrs | 1153 | by Staff reporter
Chamisa's disqualified ally takes case to Supreme Court
The disqualified independent candidate for the Victoria Falls City Council Ward 1 by-election, Ephias Mambume, has filed an appeal at the Supreme Court challenging the High Court's decision to bar him...Published: 22 Nov 2024 at 15:10hrs | 251 | by Staff reporter
NSSA boss in court for fraud
Cosmas Chikwawawa, a research and schemes planning manager at the National Social Security Authority (NSSA), has appeared before the Harare Magistrates Court facing allegations of defrauding his emplo...Published: 20 Nov 2024 at 06:43hrs | 207 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 121 | by Staff reporter
Zimbabwean activist engages Hichilema to cancel Chivayo linked tender
Zimbabwean activists based in South Africa have called on Zambian President Hakainde Hichilema to block Ren-Form, a South African printing company, from supplying election materials in Zambia's upcomi...Published: 02 Nov 2024 at 08:43hrs | 1543 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1751 | by Staff reporter
Zinwa defrauded US$48,000 and ZWG94 million
The Zimbabwe National Water Authority (ZINWA) reportedly lost over US$48,000 and ZWG94,000,000 due to fraudulent activities allegedly carried out by a former personal assistant (PA) to the chief execu...Published: 10 Sep 2024 at 13:39hrs | 979 | by Staff reporter
Zimbabwe Central Bank issues revised forex market guidelines
The Reserve Bank of Zimbabwe (RBZ), through its Exchange Control department, has issued updated guidelines and compliance parameters for the interbank foreign exchange market, emphasizing the limitati...Published: 04 Sep 2024 at 07:46hrs | 126 | by Staff reporter
Businesses urged to keep financial records or risk imprisonment
The Zimbabwe Revenue Authority (ZIMRA) has reminded businesses to maintain proper records of transactions and accounts as required by law. Businesses must keep recor...Published: 03 Aug 2024 at 12:31hrs | 140 | by Staff reporter
Zimbabweans don't need to be paid by the US to reject oppression, Mr. Mnangagwa!
It never ceases to amaze!Can there be anything more demeaning than an entire nation being regarded as dimwits by its own leaders?What can be more insulting than your own government acc...Published: 31 Jul 2024 at 17:17hrs | 883 | by Tendai Ruben Mbofana
Chivayo, Zec corruption scandal spreads to SA
A JOHANNESBURG printing firm and its agent are being investigated by Zimbabwe's anti-corruption authority for price gouging on election-related material and equipment.Zimbabwe is no stranger t...Published: 20 Jul 2024 at 14:48hrs | 1984 | by Staff reporter
Businessman acquitted, arrested again outside court
Matthew Musengezi, a Harare car dealer and socialite, has returned to remand custody amid new fraud charges related to vehicle importation. Musengezi, who was previously acquitted of culpable homicide...Published: 20 Jul 2024 at 12:11hrs | 401 | by Staff reporter
ZEC scandal gobbles USD100 million
The Zimbabwe Electoral Commission (Zec) tender scandal, initially estimated at US$40 million, has now ballooned to involve over US$100 million in public funds. This massive sum was misappropriated thr...Published: 10 Jul 2024 at 08:20hrs | 14 | by Staff reporter
Zec faces probe
The Zimbabwe Electoral Commission (Zec) faces scrutiny from the Parliamentary Public Accounts Committee following revelations of a tender scandal involving Wicknell Chivayo and his associates. ...Published: 02 Jul 2024 at 06:38hrs | 1 | by Staff reporter
Zimbabwe officials lie about corrupt tender
The Zimbabwe Electoral Commission (Zec) is embroiled in a severe credibility crisis following revelations of a corrupt US$40 million tender scandal involving Wicknell Chivayo, Moses Mpofu, and Mike Ch...Published: 01 Jul 2024 at 04:28hrs | 5 | by Staff reporter
Kingpins of US$40m Zec scandal fear repercussions
Key players involved in a controversial US$40 million deal with the Zimbabwe Electoral Commission (Zec) are implicated in potential money laundering activities, as revealed by leaked audios and corres...Published: 01 Jul 2024 at 04:28hrs | 4 | by Staff reporter
Pharmacist in US$260 000 fraud
Douglas Nzombe Chiutsi, a pharmacist based in Mutare, Zimbabwe, is facing serious allegations of embezzlement totaling US$258,708 from his employer, Healthwell pharmacy trading as Clique Pharmacy. Rep...Published: 30 Jun 2024 at 18:25hrs | 25 | by Staff reporter
ZEC paid US$5.4 million for fancy V11 display boxes that it never used
The Zimbabwe Electoral Commission (ZEC) splurged US$5 million on gadgets to display digital V11 polling station forms for last August's elections - but the devices, bought at inflated prices, were onl...Published: 28 Jun 2024 at 09:16hrs | 1 | by Staff reporter
Chimombe, Mpofu to turn state witnesses against Chivayo?
Two businessmen linked to the inflation of contracts worth over US$100 million awarded by the Zimbabwe Election Commission (ZEC) were grilled by anti-corruption investigators on Monday.Moses M...Published: 24 Jun 2024 at 11:24hrs | 14 | by Staff reporter
Zimbabwe central bank dragged to court over forex
Linda Tsungirirai Masarira has filed an urgent High Court application against the Reserve Bank of Zimbabwe (RBZ), alleging that ordinary citizens are being unfairly constrained in accessing foreign cu...Published: 21 Jun 2024 at 11:30hrs | 12 | by Staff reporter
Chivayo spilled beans on corrupt tender
Revelations from Wicknell Chivayo have exposed a corruption scandal involving a US$40 million Zimbabwe Electoral Commission (ZEC) tender. Chivayo detailed how payments from this deal were dis...Published: 12 Jun 2024 at 12:34hrs | 5 | by Staff reporter
Wicknell Chivhayo accused of fraud
In a dramatic turn of events, Zanu PF activist Mike Chimombe and his business partner Moses Mpofu have accused businessman Wicknell Chivhayo of fraudulently altering a contract for a US$40 million ten...Published: 03 Jun 2024 at 13:47hrs | 63 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 19 | by Staff reporter
NOIC suffers blow in US$160,000 arbitration award
The High Court has ruled in favor of the contractor in a dispute with the National Oil Infrastructure Company of Zimbabwe (NOIC) overpayment for supplying and installing instrumentation, control, and ...Published: 28 May 2024 at 09:55hrs | 2 | by Staff reporter
Zesa disconnects Bulawayo tower lights
The power utility Zesa has deactivated the Bulawayo tower lights from postpaid metering as part of its transition to a prepaid model. Concerns arise among residents fearing potential blackouts in many...Published: 28 May 2024 at 09:44hrs | 6 | by Staff reporter
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
RBZ adopts market-based exchange rate
THE Reserve Bank of Zimbabwe (RBZ) has adopted a market-determined system for setting exchange rates, with the auction system being replaced by a refined interbank foreign exchange market which connec...Published: 06 Apr 2024 at 08:06hrs | | by Staff reporter
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 | 16 | by Staff reporter
Afrochine loses US$3m tax battle with Zimra
AFROCHINE Smelting Private Limited has been ordered to pay nearly US$3 million in royalties for under-declaring its earnings. Afrochine Smelting is a company that produces and exports ferrochrome, an ...Published: 11 Mar 2024 at 11:31hrs | 2 | by Staff reporter
Africa's biggest challenge is getting an honest workforce
I used to criticise African companies like Dangote Group who hire so many Indians while there are many unemployed Africans, but now I understand their painful decision.The biggest challenge in...Published: 06 Mar 2024 at 20:14hrs | 1 | by Karim KONE
Mnangagwa plots divisive constitutional coup
ZIMBABWEAN President Emmerson Mnangagwa's strategy for a third term - practically a constitutional coup - is now gathering momentum and going full steam ahead after a brief retreat as the military reg...Published: 04 Mar 2024 at 18:43hrs | 2 | by Staff reporter
Mnangagwa scared of gukurahundi, plots divisive constitutional coup
ZIMBABWEAN President Emmerson Mnangagwa's strategy for a third term - practically a constitutional coup - is now gathering momentum and going full steam ahead after a brief retreat as the military reg...Published: 29 Feb 2024 at 20:34hrs | 9 | by Staff reporter
US$15m State House works bill stuns govt
THE government has rejected an invoice for US$15 million submitted by a firm that clinched a deal to construct precast walls at State House, the President's official residence and offices, the Zimbabw...Published: 16 Feb 2024 at 14:57hrs | 482 | by Staff reporter
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | 5 | by Staff reporter
Zanu-PF member wants govt officials barred from seeking medical attention abroad
Zanu-PF's candidate for the Pelandaba -Tshabalala Constituency by-election, Joseph Tshuma, says if he is elected as the Member of Parliament, he will immediately propose a bill that would prohibit gov...Published: 18 Jan 2024 at 18:28hrs | 2 | by Staff reporter
Mbudzi interchange fund looted
Several directors at the Ministry of Transport have been quizzed by anti-graft investigators after whistle blowers leaked explosive details linking them to the pillage of a fund meant to compensate ow...Published: 14 Jan 2024 at 20:50hrs | 20 | by Staff reporter
Parents kick up dust over exam levy
PARENTS with children who wrote their Advanced and Ordinary Level science examinations last year are up in arms with authorities at St Anthony's High School in Masvingo after the school threatened to ...Published: 13 Jan 2024 at 06:48hrs | 10 | by Staff reporter
Headmasters confront govt over Zimdollar salaries
HEADMASTERS from government schools across Zimbabwe have put their employer on notice to press for United States dollar salaries starting from the forthcoming term.School heads and teachers ar...Published: 03 Jan 2024 at 05:30hrs | 9 | by Staff reporter
NetOne is now a danger to life and security!
I am one of those who have been faithful subscribers to Zimbabwe's second largest mobile network operator (MNO) NetOne.Over the years, I have become endeared to the state-owned entity, in spit...Published: 02 Jan 2024 at 17:54hrs | 13 | by Tendai Ruben Mbofana
Zimbabwe govt urged to dollarise pensions
THE Zimbabwe National Union of School Heads (Zinush) has pleaded for the dollarisation of pensions as inflation continues to eat away the life savings of educators, condemning many to poverty after ye...Published: 27 Dec 2023 at 07:32hrs | 12 | by Staff reporter
Gokwe, Bindura councils fail to document evidence of devolution funds use
ZIMBABWE Coalition on Debt and Development has revealed that Bindura and Gokwe councils in 2022 failed to give proof of how they used the devolution funds that were allocated to them.Zim...Published: 18 Dec 2023 at 20:19hrs | 9 | by Stephen Jakes
Minister loses money to fraudsters
INFORMATION minister Jenfan Muswere's Trust Entity lost US$3 568 to a fraudster.The complainant is Muswere's trust entity represented by Phillipa Phillips.Hamandishe Chihuri appeared b...Published: 30 Nov 2023 at 06:55hrs | | by Staff reporter
Professor Ncube readies Zimbabwe's budget
AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations are high that it will consolidate prevail...Published: 29 Nov 2023 at 05:08hrs | 12 | by Staff reporter
Zupco can't account for ZW$3bn
THE loss-making Zimbabwe United Passenger Company (Zupco), which has been embroiled in numerous corruption scandals, has failed to account for ZW$3.4 billion in revenue it generated in urban areas, du...Published: 06 Nov 2023 at 21:21hrs | 9 | by Staff reporter
Zimra urges public to follow pre-clearance procedures
The Zimbabwe Revenue Authority (Zimra) has called on vehicle importers to adhere to pre-clearance procedures for all imported vehicles. Pre-clearance involves completing customs import procedures befo...Published: 03 Nov 2023 at 05:38hrs | 16 | by Staff reporter
Air Zimbabwe 'dead as a dodo'
TECHNICALLY-INSOLVENT Air Zimbabwe has accumulated losses of US$407,84 million, while total liabilities have exceeded assets by US$380,22 million, further casting significant doubt on the airline's ab...Published: 29 Oct 2023 at 12:36hrs | | by Staff reporter
Zimbabwe's graft-buster Zacc flagged over corruption
The Zimbabwe Anti-Corruption Commission (Zacc) has come under scrutiny in the latest Auditor-General report due to a lack of supporting documents for approximately US$21,000 in expenditures, raising c...Published: 28 Oct 2023 at 07:47hrs | | by Staff reporter
Zimbabwe's graft-buster Zacc flagged over corruption
The Zimbabwe Anti-Corruption Commission (Zacc) has come under scrutiny in the latest Auditor-General report due to a lack of supporting documents for approximately US$21,000 in expenditures, raising c...Published: 28 Oct 2023 at 07:46hrs | | by Staff reporter
Zimbabwe's treasury stalls devolution projects
The non-disbursement of devolution funds has resulted in local authorities being unable to initiate or complete numerous development projects, as reported by acting Auditor-General Rheah Kujinga. A Va...Published: 26 Oct 2023 at 06:42hrs | | by Staff reporter
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