Company faces US$400K money laundering charge

Source: Company faces US$400K money laundering charge -Newsday Zimbabwe A HARARE company appeared in court on Wednesday on a charge of money laundering involving nearly US$400 000. The company, Ledim International Investments, was represented at the Harare Magistrates Court by Edson Kaponda (41). Magistrate Marewanazvo Gofa granted the company US$200 bail pending further investigations. State […]
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RTG enters SA with US$5,6m Cape Town deal 

Source: RTG enters SA with US$5,6m Cape Town deal -Newsday Zimbabwe HOSPITALITY concern, Rainbow Tourism Group (RTG) is set to expand into Cape Town, South Africa, after signing a US$5,6 million sale and purchase agreement to acquire a seven-storey commercial property for conversion into a branded hotel. Back in June, RTG chief executive officer Tendai […]
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Harare prison sodomy horror 

Source: Harare prison sodomy horror -Newsday Zimbabwe Harare regional magistrate A PRISONER, serving a 10-year sentence in Harare for raping a minor, allegedly took advantage of his cellmate who was bathing and sodomised him. The convict, Emmanuel Magede, was found guilty when he appeared before Harare regional magistrate Letwin Rwodzi and had his sentence doubled […]
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Schools crumble under Beam weight

Source: Schools crumble under Beam weight –Newsday Zimbabwe GOVERNMENT has failed to pay tuition fees for orphans and other underprivileged pupils under the Basic Education Assistance Module (Beam) for the past two years, the National Assembly heard. Public Service minister Edgar Moyo acknowledged that schools are struggling to provide services owing to unpaid fees. Moyo […]
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Zim eyes US$1bn renewable energy pipeline 

Source: Zim eyes US$1bn renewable energy pipeline -Newsday Zimbabwe ZIMBABWE is eyeing a US$1 billion renewable energy pipeline by 2030, driven by a fund which supports investments in clean energy, Energy and Power Development minister July Moyo has said. The country is getting the bulk of its energy through thermal power stations after climate change […]
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