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Mugabe snubs Khama invitation
In the aftermath of scathing criticism from Botswana’s President Ian Khama which frayed bilateral relations, President Robert Mugabe has snubbed an invitation to the neighbouring country’s 50th independence celebration in […]
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Massive Zimra corruption exposed
HEADS are expected to roll at the Zimbabwe Revenue Authority (Zimra) as the tax collector has completed a forensic audit that exposes massive corruption and fraudulent conduct by top executives. […]
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Zambia, Zimbabwe pick AfDB Advisers for US$4bn Batoka plant
ZAMBIA and Zimbabwe have appointed the African Development Bank as lead financial advisers for the construction of the 2400-megawatt Batoka Gorge hydro-power project that’s expected to cost $4 billion, an […]
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MTN denies Illegally transferring US$14bn out of Nigeria
MTN Group Ltd. said it “strongly refutes” an accusation by Nigerian lawmakers that the wireless carrier illegally moved almost US$14 billion out of the country, as the company tries to […]
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SABMiller name to disappear as shareholders vote on Megabrew
SABMiller Plc’s name will disappear after its US$104 billion takeover by Anheuser-Busch InBev NV, eliminating a corporate moniker whose roots date back to the late nineteenth century ‘
Zanu PF, UK relations: Is rapprochement possible?
According to Vice-President Emmerson Mnangagwa’s close allies, the Midlands province was the region least affected by land invasions as a result of his protection. ‘
Govt, van Hoog on a collision course
BUSINESS tycoon Nicholas van Hoogstraten (pictured), who owns 30% shareholding in beleaguered Hwange Colliery Company Limited (HCCL), says he is against the disposal of the firm’s non-core assets to prolong […]
Mugabe mustn’t major in minors
IT was Newt Gingrich — the brash American Republican politician who naturally supports Donald Trump in the current race for the White House — who said if lions were to […]
World Bank ditches Zim
DESPITE recent indications that the World Bank was considering giving Zimbabwe US$300 million to settle part of its arrears to the multilateral lender, latest information shows that the plan has […]
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Zanu PF women, bigwigs gun for VP Mnangagwa during assembly
THE Zanu PF Women’s League will today convene its national assembly ahead of the party’s December annual conference amid reports of a fresh push to bring back the women’s quota […]
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Mugabe snubs Khama invitation
In the aftermath of scathing criticism from Botswana’s President Ian Khama which frayed bilateral relations, President Robert Mugabe has snubbed an invitation to the neighbouring country’s 50th independence celebration in […]
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Dema deal escalates to US$498m
THE cost of the corrupt Dema Emergency Power Plant has escalated alarmingly from US$249 million to US$498 million over three years, after the government directed the controversial project’s managers to […]
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Zim troops deployment controversial
THE Zimbabwe Defence Forces (ZDF)’s deploymet of commandos and military intelligence servicemen to Equatorial Guinea to protect President Robert Mugabe’s counterpart Teodoro Obiang Nguema Mbasogo is proving controversial as the […]
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Mugabe son denied loan
A LOCAL bank has rejected President Robert Mugabe’s teenage son Bellarmine Chatunga’s predatory US$380 000 loan application to fund his obscure businesses and lavish lifestyle as it seeks to contain […]
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Simbisa reports 23% drop in profit
Simbisa Brands Ltd reported a 23% drop in after tax profit at US$3 million for the nine months to June 30 2016 compared to US$3,9 million in the prior period […]
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ZHL considering currency hedging to preserve capital
LISTED insurance group Zimre Holdings Limited (ZHL) is considering currency hedging to minimise exchange rate losses and protect shareholder value against depreciating currencies in its key markets, the company said. […]
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Former ABCH interim CE to leave group
FORMER ABC Holdings acting CE Blessing Mudavanhu has resigned from the financial services group as the company awaits regulatory approval to complete the merger between BancABC Zambia and Finance Bank […]
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Zambia, Zimbabwe pick AfDB Advisers for US$4bn Batoka plant
ZAMBIA and Zimbabwe have appointed the African Development Bank as lead financial advisers for the construction of the 2400-megawatt Batoka Gorge hydro-power project that’s expected to cost $4 billion, an […]
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MTN denies Illegally transferring US$14bn out of Nigeria
MTN Group Ltd. said it “strongly refutes” an accusation by Nigerian lawmakers that the wireless carrier illegally moved almost US$14 billion out of the country, as the company tries to […]
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What is left of Zanu PF?
In 1980 when we came to Independence, the party known as the Zimbabwe African National Union was a monolith. ‘
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The folly of Mugabe rants
President Robert Mugabe’s paranoia is the stuff of legend. Driven by perpetual fear and anger, he mistrusts and loathes in equal measure. ‘
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Govt has allowed greedy kleptocrats to take charge
THE government’s continued failure to walk the talk in fighting corruption poses serious questions on its commitment to curb the cancerous scourge which has become a way of life in […]
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Next UN SG: No charisma required
It is not an election, it is a selection. And although all the countries in the United Nations General Assembly have equal rights, some are more equal than others. ‘
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British envoy reacts to Mnangagwa story
“we do not and will not support any particular candidate, faction or party”. ‘
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Audit report troubles ZC
THE much-anticipated scrutiny of Zimbabwe Cricket (ZC)’s financial position has been abandoned for the second time in as many weeks after board members demanded the completion of a credible audit, […]
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ZRU reinstates Mandenge
SABLES coach Cyprian Mandenge has been reinstated as the Zimbabwe national fifteens rugby team coach, barely a month after he was reportedly pushed following a string of poor results. ‘
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ZC audit plot thickens
A LEADING audit firm has sensationally distanced itself from Zimbabwe Cricket (ZC)’s hotly disputed financial statements of 2015 in a development likely to expose massive fraudulent activities in the administration […]
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ZC courts Streak
Zimbabwe Cricket (ZC) is locked in negotiations with former captain Heath Streak who is earmarked to take over as the national team coach following the departure of Dav Whatmore who […]
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Audit storm rocks ZC
ZIMBABWE Cricket’s audited financial statement for 2015 could spark an investigation after members of the association’s new board raised alarm over questionable operating expenditures, we can reveal. ‘
Recent Posts
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Simbisa reports 23% drop in profit
Simbisa Brands Ltd reported a 23% drop in after tax profit at US$3 million for the nine months to June 30 2016 compared to US$3,9 million in the prior period […]
... Read more -
ZHL considering currency hedging to preserve capital
LISTED insurance group Zimre Holdings Limited (ZHL) is considering currency hedging to minimise exchange rate losses and protect shareholder value against depreciating currencies in its key markets, the company said. […]
... Read more -
What is left of Zanu PF?
In 1980 when we came to Independence, the party known as the Zimbabwe African National Union was a monolith. ‘
... Read more -
Audit report troubles ZC
THE much-anticipated scrutiny of Zimbabwe Cricket (ZC)’s financial position has been abandoned for the second time in as many weeks after board members demanded the completion of a credible audit, […]
... Read more -
The folly of Mugabe rants
President Robert Mugabe’s paranoia is the stuff of legend. Driven by perpetual fear and anger, he mistrusts and loathes in equal measure. ‘
... Read more
