Zim's warrant of arrest haunts Chinese tycoon

Chinese national Yat Hoi Ning, who is accused of ripping off a mining company listed in London of US$2,76 million, has scored a lucrative deal from the South African government.In September last year,...

BUSINESS NEWS

Zim's warrant of arrest haunts Chinese tycoon

Chinese national Yat Hoi Ning who is accused of ripping off a mining company listed in London US$2.76 million, has scored a lucrative deal from the South African government. But it could prove deeply ...

POLITICS

Tycoon causes govt shutdown

The death of businessman Kudakwashe Tagwirei's father dealt a major blow on government business this week as virtually all ministers abandoned their workstations to attend his burial - in a developmen...

MINING & RETAIL

British tycoon plans Hwange Colliery revival

British tycoon  Nicholas van Hoogstraten says Hwange Colliery Company Limited (Hwange) shareholders have begun discussions to turn around the coal producer's fortunes.In a brief interview on Mond...

BUSINESS NEWS

SA tycoon to invest $1,2 billion in Zimbabwe

SOUTH African tycoon Mr Robert Matana Gumede arrived in the country last night to cement a $1,2 billion investment deal in key sectors of the economy which include infrastructure development, energy, ...

INDUSTRIALS & ENERGY

Tycoon forges ahead with aggressive CFI buys

BRITISH investor, Nicholas van Hoogstraten, said his investment vehicle, Messina Investments (Messina), has been buying from CFI Holdings (CFI) minorities rival since bidder Stalap Investments' offer ...

INDUSTRIALS & ENERGY

Tycoons in nasty CFI control battle

When Zimre Holdings Ltd (ZHL)'s Stalap Investments announced its offer to buy out CFI minorities last Friday, an all-out war between British tycoon Nicholas Van Hoogstraten and the Rudland brothers - ...

FINANCIAL SERVICES

Zim tycoon sues AfrAsia for $79m

AFRASIA Bank, formerly Kingdom Bank, has been sued for about $79 million by local tycoon Zachary Wazara and his firm Spiritage Zimbabwe Limited for allegedly breaching its obligations in Valley Techno...

BUSINESS NEWS

Russian tycoon risks losing Zim assets

RUSSIAN billionaire Mikhail Prokhorov's Renaissance Capital stands to lose financial and fixed assets in Zimbabwe after its former country boss Terence Mukupe dragged the investment group to the High ...

BUSINESS NEWS

Asian tycoon pumps millions into Zimbabwe

Mining investor Nandlal Goenka has injected millions into the Zimbabwean economy amid indications that he is aiming to spend more in the extractive sector. Through his offshore companies and resources...

BUSINESS NEWS

Russian tycoon eyes ZSE listed company

NIKOLAY Varenko, the Russian billionaire angling to acquire Cairns Holdings, is expected in Harare next week for talks with the Government on the possibility of buying the entire stake in the Zimbabw...