The government has issued US$112m worth of Treasury Bills to settle debts owed by Hwange Colliery Company (HCCL), Business Times reported.Government is the biggest shareholder in HCCL with a 37% stake...
By Staff reporter | Published: 02 June 2022
Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...
By Staff reporter | Published: 05 October 2019
In the absence of an international bailout package, the Reserve Bank of Zimbabwe has presented a monetary policy statement strongly focused on domestic resource mobilisation aimed at reviving the prod...
By Staff reporter | Published: 23 September 2019
MDC national youth secretary-general Gift Ostallos Siziba, who is accused of inciting public violence, was yesterday granted $1 000 bail with stringent bail conditions by a Harare magistrate.Siziba (3...
By Staff reporter | Published: 12 July 2019
The trial of eight Zvishavane men, who allegedly raided a Chinese mining company in Zvishavane recently failed to kick off in Gweru on Friday as the State is waiting for documents from their court of ...
By Staff reporter | Published: 04 February 2019
Former Minister of Energy Elton Mangoma, Zesa CEO Joshua Chifamba and Managing Director of Zesa Enterprises Mr Tererai Mutasa, have appeared in court facing fresh charges of criminal abuse of office. ...
By Staff reporter | Published: 08 January 2019
A BULAWAYO magistrate yesterday revoked bail conditions of former Vice-President Phelekezela Mphoko's son, Siqokoqela and sent him to remand prison, pending trial over fraud charges.Siqokoqela faces u...
By Staff reporter | Published: 07 December 2018
High Court judge Tawanda Chitapi - who recently freed businessman and socialite Genius "Ginimbi" Kadungure on bail on his tax evasion charges - has said duty judges have an obligation to hear urgent c...
By Staff reporter | Published: 03 December 2018
A Harare businessman, Michael Van Blerk, who is accused of defrauding Harare City Council (HCC) of $1,5 million in a property development deal, has been released on $2 000 bail by the High Court. Just...
By Staff reporter | Published: 27 November 2018
Harare City Council says it is yet to receive the remainder of a loan to upgrade its water infrastructure from a Chinese bank, seven years after the deal was struck.Mayor Herbert Gomba said contrary t...
By Staff reporter | Published: 30 September 2018
Telecommunications mogul Strive Masiyiwa says he assisted the government to buy grain at a time when the country was facing food shortagesIn conversation with CNBC Africa's Wole Famurewa as a client o...
By Staff reporter | Published: 15 July 2018
Seven people including Mthwakazi Republic Party (MRP) officials who include former Pick and Pay employees who were arrested on Thursday and Friday respectively following protests over alleged tribalis...
By Staff reporter | Published: 01 July 2018
AN African financial services institution Ecobank Transnational Incorporation says it is playing a crucial role to stave off fuel and cooking oil shortages in Zimbabwe.The southern African country is ...
By Staff reporter | Published: 22 June 2018
THE Zimbabwe Asset Management Corporation (Zamco) is in talks with Merlin Limited shareholders over a possible bailout that will assist the company to acquire new equipment to operationalise its new b...
By Staff reporter | Published: 20 June 2018
Former Cabinet minister Ignatius Chombo's bail conditions have been further relaxed to allow him to seek medical attention in South Africa.Chombo, who is facing a slew of corruption charges with the S...
By Staff reporter | Published: 28 April 2018
Former cabinet minister, Ignatius Chombo and former Zanu-PF National Youth Chairman, Kudzanai Chipanga's bail reporting conditions have been relaxed by the courts.Harare magistrate, Tilda Mazhande rel...
By Staff reporter | Published: 08 March 2018
A LEAST 5 000 smallholder tobacco growers have benefitted from the Tobacco Input and Credit Scheme that was introduced this season to rescue those rejected by tobacco contractors. The inputs scheme wa...
By Staff reporter | Published: 09 February 2018
A self-confessed hit man who testified to the police alleging a senior government official issued him an assassination order to take out former Foreign Affairs minister Walter Mzembi appeared in court...
By Staff reporter | Published: 03 February 2018
Fired Zanu-PF youth leader Kudzanayi Chipanga, who is facing charges of making statements undermining public confidence in the military, yesterday applied for relaxation of his bail conditions.Chipang...
By Staff reporter | Published: 31 January 2018
THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...
By Staff reporter | Published: 26 January 2018
ZIMBABWEAN banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...
By Staff reporter | Published: 23 January 2018
Zimbabwean banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...
By Staff reporter | Published: 19 January 2018
Former NetOne Chief Executive Officer Reward Kangai appeared before Harare magistrate Rumbidzai Mugwagwa facing 20 counts of criminal abuse of office and has been granted US$800 bail.Kangai appeared b...
By Staff reporter | Published: 11 January 2018
Former Finance Minister Ignatius Chombo, who is facing a litany of corruption charges, on Friday applied for the relaxation of his bail conditions since he is now a full-time farmer.Through his defenc...
By Staff reporter | Published: 08 January 2018
Former Foreign Affairs minister Walter Mzembi and ex-Energy minister, Samuel Undenge, were yesterday arraigned before a Harare magistrate facing allegations of abuse of office as public officers duri...
By Staff reporter | Published: 07 January 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
