Chihuri in posh vehicles scandal

HARARE – After 23 years of enforcing law and order as the country’s top policeman, the tables have been turned against former police commissioner-general Augustine Chihuri who is being accused of impounding five cars and later changing ownership into his name while still heading the Zimbabwe Repu…
Continue reading…

 

Pambuka at the centre of a storm

HARARE – The afterparty of the farcical Zimdancehall Awards has been postponed for the second time by the gongs organiser Oscar Pambuka. Initially, the afterparty was supposed to take place on December 29, a day after this year’s poorly-attended Zimdancehall Awards hosted by 1+1 at Long Cheng …
Continue reading…

 

LATEST: Kangai in court

Fungai Lupande Court Reporter Former NetOne CEO Reward Kangai appeared before Harare magistrate Ms Rumbidzai Mugwagwa today facing 21 counts of criminal abuse of office charges. Kangai’s lawyer Mr Nyasha Munetsi is challenging the legality of the arrest saying there are no reasonable grounds to suspect that Kangai committed any offence. He submitted that his…
Continue reading…

 

LATEST: RBZ dismisses documents as fake

Herald Reporter The Reserve Bank of Zimbabwe (RBZ) has distanced itself from fake documents circulating on social media purporting to be confirmation of negotiations between the central bank and a South African company for $5 billion liquidity support to Zimbabwe. In a statement this afternoon, RBZ Governor DR John Mangudya dismissed the letters as fake….
Continue reading…

 

Smallholder farmers get $18m UK funding

Source: Smallholder farmers get $18m UK funding | The Financial Gazette January 11, 2018 By Own Correspondent Minister of Lands, Agriculture and Rural Resettlement, Perrance Shiri By Farai Mabeza THE British-funded Livelihoods Food Security Programme (LFSP) has disbursed $18 million to fund smallholder farmers and agriculture value chain actors, an implementing agent has said. The programme […]
The post Smallholder farmers get $18m UK funding appeared first on Zimbabwe Situation. …
Continue reading…

 

RBZ warning dampens Bitcoin demand

Source: RBZ warning dampens Bitcoin demand | The Financial Gazette January 11, 2018 By Omega Ukama, Staff Reporter Bitcoin typically trades locally at a premium to prices obtaining on cryptocurrency exchanges outside of Zimbabwe. THE demand for Bitcoin in Zimbabwe slumped over the past month following the central bank’s warning to the public over the use […]
The post RBZ warning dampens Bitcoin demand appeared first on Zimbabwe Situation. …
Continue reading…

 

Small-scale gold miners upstage big mines

Source: Small-scale gold miners upstage big mines | The Financial Gazette January 11, 2018 By Phillimon Mhlanga, Business Reporter Minister of Mines, Winston Chitando ZIMBABWE’S small-scale and artisanal gold miners have for the first time in more than 10 years, emerged as the cornerstone of the sector after smashing production records, producing and delivering more gold […]
The post Small-scale gold miners upstage big mines appeared first on Zimbabwe Situation. …
Continue reading…

 

South Koreans eye infrastructure deals in Zimbabwe 

Source: South Koreans eye infrastructure deals in Zimbabwe | The Financial Gazette January 11, 2018 By Staff Reporter DIDG executive chairman Donovan Chimhandamba A DELEGATION from South Korean firms, Dong Ah Construction Industrial Company, Korean Engineering and Construction Group (Kenca) and Trapeace Holdings is in the country to explore water, roads and energy projects worth over […]
The post South Koreans eye infrastructure deals in Zimbabwe  appeared first on Zimbabwe Situation. …
Continue reading…

 

Top UK diplomat detours to Zimbabwe 

Source: Top UK diplomat detours to Zimbabwe | The Financial Gazette January 11, 2018 By Staff Reporter Simon McDonald THE permanent under-secretary in the Foreign and Commonwealth Office, Simon McDonald, arrived in the country this week, the second high-profile British government representative to visit Zimbabwe inside three months, in another sign of thawing relations between Harare […]
The post Top UK diplomat detours to Zimbabwe  appeared first on Zimbabwe Situation. …
Continue reading…

 

LATEST: China to construct three major infrastructural development projects in Zimbabwe

Zimbabwe and China are finalising modalities to commence construction of three major infrastructural development projects as the two countries pledge to further strengthen their bilateral relations. The projects set for take-off include construction of the new parliament building, expansion of the Robert Mugabe International Airport and Hwange Thermal Power Station. This was revealed by the… …
Continue reading…