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A proposal to merge six financial institutions into three big ones is being considered by the Zimbabwean government, in a different consolidation process from the CBZ Holdings, ZB Financial Holdings, First Mutual Holdings Limited (FMHL) and First Mutual Properties (FMP) merger. As reported by The NewsHawks last week, the government, in collaboration …

The Zimbabwe Anti-Corruption Commission (Zacc) has instituted legal processes to seize properties valued at US$6,5 million (ZW$75 581 395) owned by Zimbabweans in the Isle of Man. The Isle of Man is a self-governing British Crown dependency in the Irish Sea between England and Ireland. To recover the properties suspected …

In an eyebrow-raising development, the Zimbabwean government, battling the Covid-19 pandemic, has been purchasing expensive Chinese vaccines while overlooking doses supplied at cheaper prices under the Gavi Alliance platform meant to benefit developing countries. The Gavi Alliance, formerly the Global Alliance for Vaccines and Immunisation, is a global health partnership …

The Zimbabwe Tourism Authority (ZTA) has stepped up its domestic tourism marketing efforts by partnering Sports Tourism Inc to hold the Victoria Falls Sports Tourism Experience. The festival is scheduled for September 24 to 26 to promote sports tourism, marketing destination Zimbabwe and creating sustainable development for marginalised communities in …

The High Court has blocked the release by Zimra of vehicles imported by 53 people as it is suspected they were brought into the country using fake import licences in what is a far-reaching swathe of sneaky dealings in the vehicle import business. Zimra is holding a large batch of …

A united front representing Christian churches yesterday met President Mnangagwa to establish and improve relationships between church and State and see where they can work together for the development and harmony of Zimbabwe. The Second Republic has taken a deliberate approach to engage and re-engage, on the international front the …

The Government said the 2021 traditional grains production has improved remarkably and some crops exceeded the highest ever tonnage since independence. Addressing journalists during a Post Cabinet Media briefing Tuesday Information Minister Monica Mutvsngagwa said Mashonaland West Province has the highest maize and soyabean intake, while Mashonaland Central has the …

Norton Independent legislator Temba Mliswa says a majority of husbands are suffering silently at home as they are being beaten by their spouses. Mliswa called on the government to include men in Gender-Based Violence (GBV) programme as most of them were being ill-treated by their spouses or women colleagues at …

Government spokesperson Nick Mangwana says Zimbabwe’s railway lines and trains are some of the very best in the world in terms of comfort and running on time. This comes after the Zimbabwe United Passengers Company (ZUPCO), and the National Railways of Zimbabwe (NRZ) entered into a deal to ease transport …

The Dubai Gold & Commodities Exchange and Zimbabwe’s Victoria Falls Stock Exchange signed a memorandum of understanding that may lead to the establishment of a gold market in the African country. Zimbabwe wants to open the exchange in a bid to create a reference market that will see miners offered competitive prices, …