Insurance and Pensions Commission (IPEC) has cautioned stakeholders in the insurance and pensions sector to desist from accepting bribes under the pretext of gifts and other items of value. The insurance and pension funds regulator yesterday released a draft circular codenamed “standards for the pensions industry on payment and receipt …
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FIFA’s appointment of a normalisation committee to run the affairs of the Guinea Football Federation, means two of the 2021 AFCON finals Group B countries are likely to be under caretaker leaders at their national football associations. The Sylie Nationale and the Warriors were placed in Group B, at the …
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Travel bans imposed on southern African countries must be immediately lifted as they are unjustified and discriminatory, countries across the region have said. In a statement, Southern Africa said the detection of the Omicron variant of Covid-19 by local scientists does not mean that the strain originated in the region. …
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Drax Consult SAGL could be set for a US$11 million payment from the National Pharmaceutical Company (Natpharm) after the Harare High Court reversed the cancellation of its medical supply contract over allegations it was improperly awarded. The Switzerland-registered company, fronted by Delish Nguwaya, a close associate of President Emmerson Mnangagwa’s …
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Douglas Munatsi, the respected banker who died after a fire at his home in Harare, had an option to stay in the private sector, stitching up multimillion dollar deals in private equity. But he surprised even himself by taking up a job as the man in charge of promoting investment …
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President Emmerson Mnangagwa has announced new Covid-19 measures following the detection of the new variant named Omicron by the World Health Organisation (WHO). The new measures are with immediate effect and will be reviewed after 14 days. Mnangagwa declared that all returning residents and visitors have to undergo PCR tests …
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The trial of businessman and land developer George Katsimberis who is accused of defrauding Pokugara Properties has been deferred to December 16, 2021. Katsimberis is embroiled in a legal battle with Pokugara Properties following a botched land deal with the company’s principal Kenneth Raydon Sharpe. Allegations are that Katsimberis had …
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A Hwange-based coal producer, South Mining Pvt Ltd is in the process of constructing a community library for the residents. This is part of its corporate social responsibility for Hwange Local Board (HLB). The entity recently added US$60 million towards investments in Hwange district after being awarded a mining licence …
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Zanu PF acting national political commissar Patrick Chinamasa has said the ruling party was monitoring all movements made by Nelson Chamisa’s MDC Alliance to make sure it does not receive foreign funding ahead of the 2022 by-elections and the 2023 harmonised elections. Chinamasa made the remarks at the weekend at …
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Minister of Provincial Affairs and Devolution for Matebeleland North province, Richard Moyo has warned local authorities against sabotaging government by failing to come up with high quality developmental projects. This follows government’s distribution of financial resources for development across all provinces through devolution funds. Speaking during the commissioning of an …
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