Zimbabwe’s presidential hopefuls turn to prophets, spirit mediums
Staff Reporter
As the battle to succeed President Emmerson Mnangagwa intensifies, some aspiring candidates are resorting to the services of prophets and spirit mediums to enhance their chances to land the country’s top job.
Zanu PF...
ZSE Slips as Tight Monetary Policy and Investor Caution Weigh on Equities Ahead of...
By Pride Mzarabani
HARARE – Trading activity on Zimbabwe’s equity markets remained subdued, reflecting a confluence of macroeconomic and policy-related headwinds, chief among them a tight monetary stance and heightened investor caution ahead of an...
Two more weeks in remand prison for Marconati
Staff Reporter
Harare- businessman Francesco Marconati will spend two more weeks in remand prison after bail application in a case he is accused of fraud was postponed to February 16.
Marconati was appeared in court on...
TSL’s F25 earnings surge 85% on strong tobacco volumes, cost optimisation
Pride Mzarabani
HARARE – TSL Limited's revenue grew to US$45.6 million for the year ended 31 October 2025 representing a 24% growth from US$36.9 million recorded in the prior year. The growth was attributed to...
Marconati Nabbed in US$1.9M Mine Fraud Case
By Staff Reporter
Harare- Francesco Marconati, a 66-year-old businessman who had been evading arrest for several days, was apprehended in Harare on Friday following a police manhunt.
Marconati appeared before the Harare Magistrates’ Court on...
Gwanda Mine Grab Lands Senior ZANU-PF Figures in Court
By Staff Reporter
Gwanda -Former Gwanda North MP Madodana Sibanda and ZANU-PF Matabeleland South Youth league Chairperson Moses Langa have been dragged to the High Court over allegations they forcibly seized Vubachikwe Mine, using political...
Parents Call on ZACC to Probe Danhiko School Head Over Alleged Corruption
By Staff Reporter
HARARE– Parents of learners at Danhiko School in Msasa have escalated their concerns over alleged financial mismanagement and abuse of power by the school’s Responsible Authority head, Witness Magulula, calling on the...
Zimbabwe’s Exporters Conference Set to Take Centre Stage in February: Value-Added...
By Talkmore Gandiwa
Zimbabwe’s manufactured goods exports, with value-added exports rose by 29% to US$522 million in the eleven months to November 2025, up from US$404 million recorded over the same period last year, underlining...
CBZ Holdings seeks to deepen investments in Davos
HARARE - CBZ Holdings Limited has highlighted key development areas for investment during the World Economic Forum (WEF) in Davos, focusing on infrastructure finance, energy transition, agricultural value chain investment and financial inclusion.
The bank...
Gaza Health Crisis Deepens Amid 71K Death Toll
By Talkmore Gandiwa
The death toll in Palestine from the ongoing Israeli offensive has climbed to 71,550, with 171,365 Palestinians reported wounded since the conflict erupted on October 7, 2023. Even after the ceasefire took...
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More legal woes for Ginimbi
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.
