HARARE - Zimbabwe intends to build a second fuel pipeline in partnership with three other Southern African countries in a US$1, 5 billion arrangement, which will...

Tawanda Marwizi Clive Mutengo looks dejected as he tries to come to terms with his wilting maize crop in Mbire-Mashonaland Central province. After investing a fortune...

Munyaradzi Doma After being released from Remand Prison on Tuesday, flamboyant businessman Genius "Ginimbi" Kadungure was back in court again on Thursday after being arrested on a new case of submitting fake invoices for the importation of his Royce Rolls Ghost which prejudiced  ZIMRA of US$90 000 in unpaid duty. This time around, the State led prosecutor George Manokore did not oppose bail. Harare Regional Magistrate Hosea Mujaya ordered Ginimbi to pay ZW$5 000 bail coupled with other conditions and he will be back in court on March 19. Jonathan Samukange who is representing Ginimbi, said the socialite is "denying the false allegations" and will challenge the same at trial. Allegations are that sometime in October 2017, Ginimbi went to Daytona in Johannesburg, South Africa, where he bought a Rolls Royce Ghost for 5 million rand. In a bid to con ZIMRA, he allegedly forged the invoice to show as if he had bought the car for 3 million Rand. It was heard that he went further to cook up a South African bill of entry as if the car had been cleared by the South African Revenue Services. The court further heard that in July 2018, with the fake documents, Ginimbi went to Beitbridge Border Post and presented them to ZIMRA officials who were on duty. He ended up being charged US$138 170 for duty, instead of US$228 430, thereby duping ZIMRA US$90 260. The court heard that investigations showed that Daytona had sold the car for 5 million rand as opposed to 3 million rand. Reports are that SARS also realised that the bill of entry used by Ginimbi was fake as it had been used to clear another vehicle.

Tawanda Marwizi The Zimbabwe Red Cross Society has joined government and other organisations in assisting people left homeless after floods affected some areas in Binga,...

HARARE – National Tyre Services reported a 37% decline in volumes in third quarter to December 31, compared to the corresponding quarter in the...

Staff Writer Fresh from producing career best match figures in the recent test against Sri Lanka last month, prominent Chevrons player Sikandar Raza has launched...

HARARE – Stanbic Bank is set to close its Chitungwiza and Beitbridge branches by March 31, this year, as part of its digitisation strategy...

Farai Mabeza THE European Union (EU) has suspended restrictive measures on former first lady Grace Mugabe, a move hailed by proponents of government’s re-engagement drive. In...

Tawanda Marwizi Zanu-PF national political commissar Victor Matemadanda, who has been accused of failing to distribute rice donated by President Mnangagwa, has challenged those who...

Highlights Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency and...