Trio in US$1,4 million fraud
Munyaradzi Doma
HARARE - The case in which three men allegedly swindled USD$1,4 million from a business colleague in a botched property deal has been postponed to January 21 next year.
Hosea Mkwananzi (36) representing Converging Investments, Ismail...
Pep exits Zimbabwe
Staff Writer
South Africa's Pepkor Holdings which operates Pep stores has announced its intention to exit the Zimbabwean market due to economic challenges that have continuously strained the group’s performance.
Several challenges including foreign currency repatriation,...
MDC bigwigs fight in Mwonzora’s corner amid expulsion threats
Tawanda Marwizi
HARARE - A section of MDC -Alliance heavyweights is reportedly fighting in Douglas Mzwonzora’s corner amid fresh attempts to expel the former secretary general from the party.
Mwonzora who was demoted to a less...
Machakaire donates vehicle to constituency
Staff Writer
Newly appointed Youth Sports Arts and Recreation deputy minister Tinoda Machakaire yesterday donated a Toyota Hilux to Chigondo ward in his Wedza South constituency.
Machakaire recently made headlines after refusing to take an official...
Bee farming, the panacea to Zim’s disappearing wooded savannah
Problem Masau
As the vehicle negotiates across the rugged terrains of Hurungwe District, scores of stumps and fallen trees could be seen in the once densely populated bushes, the situation threatening to worsen each farming...
A look into Conservation Agriculture and China’s model
Farai Mabeza
CONSERVATION agriculture is built on three principles – minimum soil disturbance, permanent soil cover and crop rotation – that are known to reduce erosion, improve soil quality, conserve water, reduce fuel costs and,...
ZSE to adopt GICS indices in 2020 as stocks record marginal gain
HARARE - (FinX), The Zimbabwe Stock Exchange is set to adopt a new set of indices under Global Industry Classification Standard from January 1, 2020. The indices, which provide companies with a clearly defined...
Treasury to require importers to provide source-of-forex proof at borders
HARARE – (FinX) As part of efforts to eliminate the black market for foreign currency and contain inflation in the process, Government will soon require those who import goods to officially declare sources of...
Albwardy set to conclude US$20 million Meikles Hotel acquisition
Staff Writer
Dubai-based Albwardy Investments will soon take ownership of the iconic Meikles Hotel for US$20 million but the deal is subject to shareholder approval at Meikles Limited group’s EGM in December this year.
The transaction...
Simbisa Zimbabwe ops revenue increases 431% in Q2
HARARE – (FinX) Simbisa’s second quarter has started off strongly with improvements being recorded on both customer counts and revenue leaving the group on course to meet half year targets.
Chief Executive Basil Dioniso told...


















