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Victoria Falls Stock Exchange takes shape

ZIMBABWE Stock Exchange is finalizing modalities for the opening of Victoria Falls Stock Exchange (VFEX) offices in the resort town in line with country’s thrust to transform the tourism capital into a fully-fledged offshore financial services centre. Officials from the Zimbabwe Stock Exchange recently visited the resort town to engage …

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Former judge withdraws application after spate of abuses

A UK based former Zimbabwe High Court judge, David Bartlett (67), has withdrawn his application to join the bench sparking speculation he does not want to be associated with the spate of alleged human rights abuses committed by President Emmerson Mnangagwa’s under-fire administration. Bartlett, who quit the bench in 2002 …

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City agree deal to sign defender Dias from Benfica

Manchester City have reached an agreement to sign defender Ruben Dias from Benfica for 68 million euros ($79.13 million) plus add-ons, the Portuguese club have said. City’s Argentinian defender Nicolas Otamendi will go the other way in a separate transfer for 15 million euros, Benfica said. Benfica confirmed the transfers …

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Nguwaya demands trial date in Drax case

LAWYERS representing businessman Delish Nguwaya last week demanded a trial date on charges of misrepresenting to Government that his company was a medical firm when he sought tenders for Covid-19 medical supplies using Drax SAGL and Drax International. Mr Admire Rubaya and Mr Tafadzwa Hungwe applying for Nguwaya to be …

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Pack Your Bags And Go – Minister Tells Striking Lecturers

THE Minister of Higher and Tertiary Education, Amon Murwira has bluntly told incapacitated state university lecturers to leave the profession if they were unhappy with their current wages. According to a communiqué issued by the Zimbabwe Unions Staff Association (ZUSA), the minister snubbed the association’s representatives and only hand-picked one …

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CID Boss Remanded In Custody

Criminal Investigations director Commissioner has been remanded in custody by Harare magistrate Marehwanazvo Gofa. He is facing two counts of obstructing or attempting to defeat the course of justice. Charumbira is also being accused of criminal abuse of office on another count. His lawyer Tabison Bvekwa did not waste the …

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BREAKING: CIVIL SERVANTS GET SALARY TOP-UP

The Public Service Commission (PSC) has announced the payment of a cost of living adjustment to government employees to cushion them pending the conclusion of salary negotiations. In a statement, PSC Secretary Ambassador said: “government will proceed to pay, in addition to regular emoluments paid out earlier this week, what …

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Chamisa, Mwonzora Youths Clash In Kwekwe

The Nelson Chamisa-led MDC Alliance (MDC-A) said it has foiled an attempted hostile takeover of its Kwekwe offices by youths linked to the judicially-created MDC-T secretary-general Douglas Mwonzora. In a post on Twitter, MDC-A youth league leader Obey Sithole said some of their youths were injured during the melee. He …

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