Nhau/Indaba Entertainment Diary

As usual, there are a variety of gigs lined up across the country this weekend with fortune favouring hip-hop lovers, who are in for a treat as The Boss Rick Ross has finally touched down in Harare. Rick Ross Storms HarareThe biggest gig hip-hop fans and music lovers in general …

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Insurers Choke On Debt Stocks

THE short-term insurance sector is reeling in a crippling crisis as debts running into millions of dollars have accumulated due to clients struggling to pay premiums. This has pushed the industry to lobby the government for legislation that ensures a cash upfront model for insurance policies. The Zimbabwe Independent understands …

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Foreign Investors Lose Millions In Sham Deals

In a fraudulent case which may dent Zimbabwe’s investment profile, a Netherlands Liquid Petroleum Gas (LPG) equipment manufacturing giant Euro LPG BV lost millions of United States dollars to a consortium of local business people. The fight over the investment has turned nasty with counter-legal actions playing out in this …

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ZIFA Audit Unearths Massive Fraud By Ousted Kamambo Executive

Some top Zimbabwe Football Association (ZIFA) officials face arrest after an audit report which unearthed murky transactions made between December 2018 to November 2021 was handed to authorities for purposes of prosecution. One supplier, it has emerged, prejudiced ZIFA of US$1 million in financial transactions that had remained hidden until …

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Steel Giant Injects Millions Into Zim

ARCELORMITTAL, one of the world’s largest steel producers which imports 70 percent of coke produced in Zimbabwe, is set to build coke oven batteries as part of the beneficiation and value addition process that will create thousands of jobs for the country. Each coke oven battery is valued at US$15 …

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Zanu PF Welcomes Moyo, Zhuwao ‘Back In The Fold’: Mutsvangwa

Zanu PF spokesman Christopher Mutsvangwa on Wednesday said late former president Robert Mugabe’s nephew, Patrick Zhuwao, and the former information minister Jonathan Moyo were “welcome back into Zanu PF”, hours after the duo penned an open letter to Zanu PF members apologising for previously calling for a change of government. …

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