BUSINESS NEWS

RBZ clamps down on illegal cash deals

THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Further, the ...

By Staff reporter | Published: 01 October 2019

MINING & RETAIL

Illegal mining threatens Blanket Mine operations

CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...

By Staff reporter | Published: 30 September 2019

BUSINESS NEWS

Tendai Biti claims SI 142 is illegal

FORMER Finance Minister and legislator Tendai Biti has described the abandonment of the multi-currency system by government as a disaster while urging its reversal.The MDC MP for Harare East was addr...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Bulawayo Power station ownership transferred illegally without council knowledge

THE dispute between the Bulawayo City Council and the Zimbabwe Power Company over the ownership of the Bulawayo Power Station has taken a dramatic twist after it emerged that title deeds to the disput...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

State broadcaster seeks illegal tenant's eviction

THE Zimbabwe Broadcasting Holdings (Pvt) Ltd (ZBH) has petitioned the High Court seeking an order to evict Blackbury Enterprises from its premises, accusing the latter of occupying its premises withou...

By Staff reporter | Published: 26 November 2018

MINING & RETAIL

4 injured in shooting at illegal gold mine

Police in Mashonaland East Province have arrested three security guards from Braising Security Company for shooting illegal gold miners at Arcturus Mine in Goromonzi over the week-end. The guards shot...

By Staff reporter | Published: 06 September 2018

POLITICS

Chiwenga speaks on illegal sanctions blame-game

Acting President Constantino Chiwenga yesterday said former president Mr Robert Mugabe blamed his failures on sanctions even where he could have proffered solutions to challenges facing the nation dur...

By Staff reporter | Published: 29 June 2018

POLITICS

Harare seeks order to demolish illegal structures

Harare City Council has approached the High Court, seeking an order to demolish hundreds of illegal structures built in Kuwadzana 3 by members of Sekusile Housing Co-operative, arguing the land in que...

By Staff reporter | Published: 06 June 2018

POLITICS

Mnangagwa's anti-corruption unit illegal

President Emmerson Mnangagwa's decision to create a Special Anti-Corruption Unit in his office has sparked controversy, with legal experts questioning the constitutionality and legality of appointing ...

By Staff reporter | Published: 01 June 2018

MINING & RETAIL

Ex-Arcturus Mine workers' stay in houses illegal

TN Securities (Pvt) Limited, which acquired Arcturus Mine from Metallon Corporation, says the former employees still residing at the mine's premises are doing so illegally. The company, led by Harare ...

By Staff reporter | Published: 21 May 2018

POLITICS

Mnangagwa wife's pay plan illegal, unsustainable

ZIMBABWE'S parliament has rejected a proposal to pay allowances to President Emmerson Mnangagwa and his two vice presidents Constantino Chiwenga and Kembo Mohadi's spouses on the basis that it was ill...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Smoking cannabis/ mbanje remains illegal

The use of cannabis, also known as hemp or mbanje, for recreational purposes is still illegal in Zimbabwe and the thrust for legalising its production is specifically for medicinal and industrial purp...

By Staff reporter | Published: 03 May 2018

MINING & RETAIL

Mutare houses converted to illegal diamond centres

Several houses in the leafy suburbs of Mutare have reportedly been converted into illegal diamond trading centres by a syndicate of foreigners that is receiving the precious stones from artisanal diam...

By Staff reporter | Published: 26 February 2018

POLITICS

Mugabe says, 'Mnangagwa government is illegal'

FORMER president Robert Mugabe this week came out guns blazing at his successor President Emmerson Mnangagwa during his first ever briefing to outsiders since his ousting by the military last November...

By Staff reporter | Published: 23 February 2018

MINING & RETAIL

Illegal gold dealers under investigation

Fidelity Printers and Refiners is investigating registered gold buying agents amid indications of rampant black market dealings which could be prejudicing Zimbabwe of millions of dollars.Responding to...

By Staff reporter | Published: 04 February 2018

BUSINESS NEWS

Blitz against illegal car sales

The Harare City Council (HCC) has begun impounding vehicles from unregistered car sales, in a blitz targeted at curbing illegal activities in the city.In an interview, HCC spokesperson Michael Chideme...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Illegal currency dealers face arrest

Government on Thursday gazetted a regulations to provide for the arrest and prosecution of illegal currency dealers who sell cash at a premium. Previeosuly, the Banking Act only allowed the Reserve Ba...

By Staff reporter | Published: 29 September 2017

BUSINESS NEWS

'Treasury Bills illegal,' says Biti

THE setting up of the Zimbabwe Asset Management Company (Zamco) to absorb non-performing loans (NPLs) and the issuance of Treasury Bills (TBs) by the Reserve Bank of Zimbabwe (RBZ) without parliamenta...

By Staff reporter | Published: 08 September 2017

BUSINESS NEWS

Major crackdown on illegal imports into Zim

THE Zimbabwe Revenue Authority (ZIMRA) is now enforcing post importation audits in a massive crackdown on shops and companies suspected of selling smuggled goods.This is part of strategies the revenue...

By Staff reporter | Published: 03 September 2017

BUSINESS NEWS

Zera closes in on illegal fuel imports

THE Zimbabwe Energy Regulatory Authority has moved closer to ending smuggling of fuel into Zimbabwe following the close of window yesterday for submission of private tenders for marking of all importe...

By Staff reporter | Published: 23 August 2017

BUSINESS NEWS

Govt to swoop on shops selling illegal imports

GOVERNMENT will raid shops selling unlicensed imported products, as part of sophisticated measures targeting dealers fuelling the demand for contraband, to curtail smuggling and pluck leakages prejudi...

By Staff reporter | Published: 10 August 2017

EDUCATION

250 illegal colleges shut down

FOUNDATION College, the prestigious Girls College and Dominican Convent High School are part of 251 private and independent training institutions which have been closed with immediate effect for non- ...

By Staff reporter | Published: 07 August 2017

FINANCIAL SERVICES

Banks withdrawal limits illegal, says BAZ

Zimbabweans do not understand how banking systems work hence they usually get a raw deal from bankers who take advantage of their ignorance.Addressing parliamentarians recently, Bankers Association of...

By Staff reporter | Published: 26 March 2014

BUSINESS NEWS

Zim govt worried over illegal alcohol imports

Health Advisor to the Office of the President and Cabinet Dr. Timothy Stamps has expressed concern over the increase in illegally imported alcohol beverages and the flouting of regulations by importer...

By Staff reporter | Published: 05 December 2013

TELECOMS & TECHNOLOGY

EcocashSave is illegal, says former RBZ top official

Bikita West MP Munyaradzi Kereke has charged that EcocashSave was illegal and violated the country's constitution and banking laws.Kereke distributed a document: Advisory Memorandum to Econet Wireless...

By newsday | Published: 03 November 2013
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