$200m infrastructure fund unveiled

Source: $200m infrastructure fund unveiled | Herald (Business) Mr Manyere Business Editor Johannesburg Stock Exchange listed Ecsponent Limited’s controlling shareholder and Brainworks Capital founder George Manyere has unveiled a $200 million investment fund targeting key infrastructure projects in Zimbabwe. The funds will be housed under his newly formed MHMK Infratech company. “Our vision is to […]
The post $200m infrastructure fund unveiled appeared first on Zimbabwe Situation. …
Continue reading…

 

Unpacking the impact of additional bond notes

Source: Unpacking the impact of additional bond notes | Herald (Business) Bond notes were released by the Reserve Bank Of Zimbabwe last year Persistence Gwanyanya The recent media reports that the Reserve Bank of Zimbabwe (RBZ) plans to inject more bond notes into the economy are unsurprising as no permanent solution to the country’s cash […]
The post Unpacking the impact of additional bond notes appeared first on Zimbabwe Situation. …
Continue reading…

 

Diamonds bring new life to war-torn Central African Republic

Source: Diamonds bring new life to war-torn Central African Republic | Newsday (Business) BANGUI — Rough diamonds enabled Abdoul Raouf to marry three women and put his nine children through school. Now that his town in western Central African Republic can legally export the gems to world markets again, his neighbours are expecting similar fortunes. […]
The post Diamonds bring new life to war-torn Central African Republic appeared first on Zimbabwe Situation. …
Continue reading…

 

NetOne CEO loses court case

Source: NetOne CEO loses court case – DailyNews Live staff writer      25 July 2017 HARARE – High Court judge Lavender Makoni yesterday dismissed with costs former NetOne chief executive Reward Kangai’s urgent chamber application challenging the advertisement to fill his vacant post by his ex-employer. Kangai approached the court early this month, claiming that […]
The post NetOne CEO loses court case appeared first on Zimbabwe Situation. …
Continue reading…

 

Don’t pay bribes to Zimra – Kuzvinzwa

Source: Don’t pay bribes to Zimra – Kuzvinzwa | The Herald July 25, 2017 Leonard Ncube recently in Victoria Falls THE Zimbabwe Revenue Authority (Zimra) says it desperately needs partnership with other stakeholders to fight rampant smuggling and corruption at the ports of entry and along the country’s borders, an official said. The tax collector […]
The post Don’t pay bribes to Zimra – Kuzvinzwa appeared first on Zimbabwe Situation. …
Continue reading…

 

Police unearth car smuggling racket at CVR

Source: Police unearth car smuggling racket at CVR | Herald (Crime) Freeman Razemba Crime Reporter The Criminal Investigations Department has unearthed a car smuggling racket at Central Vehicle Registry (CVR), where database officers would register smuggled vehicles using particulars of registered ones. CID officers believe a number of vehicles on the country’s roads could have been […]
The post Police unearth car smuggling racket at CVR appeared first on Zimbabwe Situation. …
Continue reading…

 

Byo blames poor service delivery on lack of devolution

Source: Byo blames poor service delivery on lack of devolution | Newsday (news) BULAWAYO mayor, Martin Moyo, blamed poor service delivery in the city on government’s refusal to implement devolution of power, which he said would have allowed the local authority to use locally-available resources without seeking authority from central government. BY NIZBERT MOYO Martin […]
The post Byo blames poor service delivery on lack of devolution appeared first on Zimbabwe Situation. …
Continue reading…

 

Terror gang slapped with new charges

Source: Terror gang slapped with new charges | Daily News Tarisai Machakaire  •  24 July 2017 HARARE – A convicted gang of heavily-armed robbers who terrorised business premises and mines before being busted at their Darwendale farm hideout will answer to 11 fresh counts in the Bulawayo Magistrate’s Court. This was announced by prosecutor Michael […]
The post Terror gang slapped with new charges appeared first on Zimbabwe Situation. …
Continue reading…

 

Mugabe, Grace branded cars stinker

Source: Mugabe, Grace branded cars stinker | Newsday (news) ZANU PF politburo members Sydney Sekeramayi (war veterans’ secretary) and Saviour Kasukuwere (political commissar) yesterday said party activists, political hooligans and criminals had resorted to driving in vehicles branded with President Robert Mugabe and First Lady Grace Mugabe’s portraits to evade arrest. BY OBEY MANAYITI One […]
The post Mugabe, Grace branded cars stinker appeared first on Zimbabwe Situation. …
Continue reading…

 

‘Mujuru not committed to coalition, grandstanding’

Source: ‘Mujuru not committed to coalition, grandstanding’ | Newsday (news) TRANSFORM Zimbabwe (TZ) leader Jacob Ngarivhume yesterday accused National People’s Party leader Joice Mujuru of political grandstanding and not being committed to the ongoing coalition talks with other opposition leaders. BY OBEY MANAYITI NPP leader Joice Mujuru Both Mujuru and Ngarivhume were involved in coalition […]
The post ‘Mujuru not committed to coalition, grandstanding’ appeared first on Zimbabwe Situation. …
Continue reading…