President Emmerson Mnangagwa was forced into an embarrassing U-turn on Monday after a row erupted inside Zanu PF over the hero status of the late Major General (Rtd) Godfrey Chanakira. Chanakira, who the permanent secretary in vice president Constantino Chiwenga’s office, died at a Harare hospital on Thursday. During a …
Read More »Mnangagwa’s Trip To Davos, A Trip Of Shame
ZIMBABWE’S pariah state tag haunted President Emmerson Mnangagwa’s recent visit to the Davos World Economic Forum in Switzerland with political analysts equating the journey to a trip of shame. Mnangagwa was one of the four African heads of state who joined the political and business elite in Davos for the …
Read More »Delta Beverages Loses US$125 Million Supreme Court Appeal
Delta Beverages Holdings (PVT) LTD has lost an attempt to overturn a High Court Judgement granted last year in a long-standing legal battle with South African conglomerate Blackey Plastics over a 5 year supply chain agreement involving USD125 million dollars. With the concurrence of the whole bench, Supreme Court Judge …
Read More »Man Hunt For Armed Robbers Launched
Police have launched a manhunt for robbers who are terrorising people countrywide as well as the six-armed robbers who attacked two security guards last week at a company premise in Newlands and got away with over US$22 700 cash. The Newlands robbery incident occurred last Tuesday and no arrests have …
Read More »Probe Into NSSA Rot Begins
Investigations have been instituted into the operations of the National Social Security Authority (NSSA) after many allegations have been filed with Government of corporate rot and malfeasance and complaints that the pensions offered keep the elderly in abject poverty. In a statement yesterday, Public Service, Labour and Social Welfare Minister, …
Read More »Six Kenyans Arrested For Forging Zim Immigration Stamps
Security officials at the Beitbridge Border Post have arrested six Kenyans who attempted to enter the country from South Africa using travel documents with fake Zimbabwean immigration date stamps. The six who were travelling by road on Friday wanted to transit to their home country through Zimbabwe. The Beitbridge man …
Read More »30 Tonnes Fertilizer Suspected Thief In Court
A suspected bogus Harare businessman who allegedly duped an unsuspecting man of his 30 tonnes of fertilizer appeared in court on Saturday. Dereck Dumisani Rugedhla was facing fraud charges when he appeared before Harare magistrate Mrs Yeukai Dzuda for trial. Allegations against him are that sometime in early April 2019, …
Read More »Foreign Investors Snubbing Local Insurance Firms
THE insurance sector says it is being prejudiced of millions of United States dollars because foreign investors are coming in with their own cover at the expense of local providers. Some investors, mainly in construction, marine and mining sectors are bringing their own insurance when they come to Zimbabwe despite …
Read More »Ndebele King’s ‘Heir’ Calls Off State House Invasion
NDEBELE throne claimant Stanley Raphael Khumalo-Tshuma has called off his proposed invasion of the Bulawayo State House, claiming that State security agents are planning to unleash violence on him. In a letter dated May 12 addressed to President Emmerson Mnangagwa, Khumalo-Tshuma threatened to lead Matabele people living in South Africa …
Read More »Ponzi Schemes Resurface
PONZI schemes have resurfaced, prompting the Securities and Exchange Commission of Zimbabwe (SecZim) to warn that they threaten an already fragile economy. Speaking to NewsDay at a workshop in Kariba last Friday, SecZim acting chief executive Gerald Dzangare said: “One of the most painful things that have happened in our …
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