Source: The iceberg that sank proposed CBZ-ZB merger . . .ZB-Intermarket dispute comes to the fore . . .CBZ’s acquisition of Beverly also raised | The Sunday Mail Mr Vingirai Business Reporter THE highly ambitious project to merge CBZ Holdings Ltd and ZB Financial Holding Ltd (ZBFHL), which was envisaged to create a financial behemoth […]
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Zimbabwe Situation
Rural teachers’ oracle: 4 years no salary for Chere
Source: Rural teachers’ oracle: 4 years no salary for Chere -Newsday Zimbabwe Teacher and human rights activist, Robson Chere (40) has gone for four years without setting his eyes on his payslip A TRAINED teacher and human rights activist, Robson Chere (40) has gone for four years without setting his eyes on his payslip after […]
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Chimombe, Mpofu trial set for March 24
Source: Chimombe, Mpofu trial set for March 24 -Newsday Zimbabwe HARARE, Feb 7 (NewsDay Live) – The State led by prosecutor Anesu Chirenje says it is ready to kickstart the trial of Zanu PF central committee member Mike Chimombe and his business partner Moses Mpofu on a US$9 million street lights tender scam. The matter […]
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RBZ’s injection of higher ZiG notes could trigger inflation
Source: RBZ’s injection of higher ZiG notes could trigger inflation -Newsday Zimbabwe The Reserve Bank of Zimbabwe (RBZ) is set to introduce higher denominations of the Zimbabwe Gold (ZiG) currency, which critics say could add to inflationary pressures. Amid a non-performing economy, any injection of the money supply beyond normal market levels will lead to […]
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ConCourt halts Chitungwiza mass demolition
Source: ConCourt halts Chitungwiza mass demolition -Newsday Zimbabwe THE Constitutional Court (ConCourt) bench has upheld a High Court judgment that stopped Chitungwiza Municipality from mass demolitions saying the order is constitutionally invalid. High Court judge Justice Never Katiyo had condemned the pervasive practice of demolishing residential properties by local authorities using outdated laws. In his […]
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Industry pleads for govt intervention as more companies shut down
Source: Industry pleads for govt intervention as more companies shut down -Newsday Zimbabwe ZIMBABWE’S industry and commerce sectors have reiterated their call for government’s intervention as more companies shut down weighed down by the country’s non-performing economy, NewsDay Weekender can report. The plea comes as Zimbabwe’s retail sector continues to face significant challenges such as […]
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Supervisor, manager in court for US$19K theft
Source: The Herald – Breaking news. Yeukai Karengezeka, Court Correspondent TWO employees of Nash Paints have appeared in court on allegations of stealing US$19 591 from their employer. Chipo Brinia Mapfumo (32), a branch supervisor, and Takudzwa Gorejena (37), a branch manager, faced theft charges before Harare Magistrate Mr Isheunesu Matova. Both were granted US$100 […]
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Bulawayo High Court clears 10 murder cases
Source: The Herald – Breaking news. Justice Loyce Matanda-Moyo Peter Matika, Bulawayo Bureau THE High Court in Bulawayo has already cleared 10 murder cases out of a total of 23 that were set for sitting since the beginning of the term last month. The National Prosecution Authority (NPA) reported that while progress has been made, […]
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Lawyer acquitted, prosecution criticised
Source: The Herald – Breaking news. Yeukai Karengezeka, Court Correspondent HARARE lawyer Stanslaus Munyaradzi Bwanya has been acquitted of perjury, extortion, and forgery over a protracted land dispute in Carrick Creagh Estate, Borrowdale, Harare. In delivering her judgment, Magistrate Lisah Mutendereki criticised the manner in which the case was prosecuted, underscoring the State’s failure to […]
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Double life sentences each for murderers
Source: The Herald – Breaking news. Freedom Mupanedemo, Midlands Bureau High Court Judge Pisirai Kwenda has sentenced two men to double life imprisonment after they were found guilty of murdering two people in Mbizo on the night of May 16, 2023. The duo, Edson Matarise from Gwetu Village under Chief Malisa in Silobela and Nyashadzashe […]
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