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MBCA pursues Nedbank facility
HARARE - MBCA Bank (MBCA) — a unit of Nedbank group — says it is working on accessing loan financing from Export Credit Insurance Corporation (ECIC) of South Africa. “The bank (MBCA) is in contact...
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Unbanked money on rise
HARARE - The Bankers Association of Zimbabwe (Baz) has commissioned a study to ascertain the amount of cash circulating outside the formal system, which is estimated to be as much as $7,4 billion....
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Tsvangirai consolidates grip
HARARE - "Enlarge the place of your tent. Stretch your tent curtains wide , do not hold back, strengthen you cords, strengthen your stakes, for you will spread out to the right and the left…” (Isaiah...
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Equatorial Guinea president's son Obiang faces probe
PARIS - The son of Equatorial Guinea's leader has been put under formal investigation in France over money-laundering allegations, his lawyer has said. Teodorin Nguema Obiang Mangue, his father's...
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The plight of Zim footballers
HARARE - Three quarters of Premier Soccer League (PLS) clubs owe players money in the form of signing-on fees, winning bonuses and salaries from last season, the Footballers’ Union of Zimbabwe (Fuz)...
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An opportunity for Zim
HARARE - President Robert Mugabe and his government have an opportunity to mend relations with the European Union (EU) despite the effects of debilitating sanctions once slapped on him and members of...
View ArticleEquity Properties secures compliance certificate
HARARE - Real estate developer Equity Properties (Private) Limited (Equity) has secured a compliance certificate for its first phase of the Golden CT Suburb (Golden) in Harare’s Mount Pleasant...
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ASL approves Dawn stake disposal
HARARE - African Sun Limited (ASL)’s shareholders have approved the disposal of the hotelier’s 16,54 percent stake in listed property firm, Dawn Properties (Dawn). The shareholding will be acquired by...
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Mwana regains BNC assets
HARARE - Mwana Africa Plc (Mwana) is set to regain $47,3 million it had written off on Bindura Nickel Corporation (BNC)’s non-current assets over viability concerns of the Zimbabwe-based unit, an...
View ArticleAnother sensation from 'landlord'
HARARE - Drama star Norman “Landlord” Chiranga ,32 ,who was propelled to stardom by his riveting Landlord Series on ZBC-TV, will release a new production called Tsoro Mbiri before the end of the...
View ArticleImbube star releases third gospel album
BULAWAYO - Black Umfolosi co-founder Thomeki Dube is hopeful that the old adage-third time lucky-will ring true for him as he battles to create a foothold in Zimbabwean gospel music. The Imbube and...
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I 'm being victimised on tribal grounds: Moyana
GWERU - Controversial musician Jacob Moyana says he is being unfairly treated by music promoters and radio stations because he hails from the minority Ndau tribe. Moyana, who was barred from...
View ArticleZengeza man in $81k fertiliser scam
HARARE - A Zengeza man allegedly connived with four accomplices to defraud Ferts, Seeds and Grains (Private) Ltd of $81 000 worth of fertiliser which was meant for the Malawian government. Decent...
View ArticleBaz is victimising us: Zacras
BULAWAYO - The Zimbabwe Association of Community Radio Stations (Zacras) says the Tafataona Mahoso-led Broadcasting Authority Zimbabwe (Baz) refused to engage his organisation over licensing of...
View ArticlePastor in court over $117 debt
HARARE - Nazareth Ministries founder and pastor Antony Nazareth has been hauled before the Harare Civil Court by his church elder over a $117 debt. Leonard Mapindure told Harare Civil Court magistrate...
View ArticleJilted husband stabs wife
HARARE - A Harare man stabbed his wife with a screwdriver after a heated argument, a Harare court heard. Brian Maponga allegedly stabbed his wife, Sihle Ngwenya on the chest between her breasts,...
View ArticleMP scoffs at brothel accusations
BULAWAYO - MDC legislator for Mpopoma-Pelandaba constituency, Bekithemba Nyathi, who has been caught in a web of allegations of turning the constituency office into a brothel, has scoffed at the...
View ArticleFamily wants answers in armed robber's death
HARARE - The family of armed robber Simba Muchengeti, alleged to have committed suicide at Shurugwi Police Station, have demanded answers into the death of their son, the Daily News has been told....
View ArticleLiberation war hero died a pauper
HARARE - Liberation war hero Peter Manyani (84) died a pauper, living in squalid conditions, with his family complaining that the ruling party had abandoned him. An ex-member of Zanu’s High Command...
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Zim business plots Euro assault
HARARE - After 13 years of rowing between the European Union (EU) and President Robert Mugabe’s administration over alleged gross human rights violations and flagrant disobedience of the rule of law,...
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