TINASHE KAIRIZA MONEYLENDER Homelink (Private) Limited has lost a Supreme Court appeal where it sought to compel a Zimbabwean living abroad, Clever Maputseni, to repay a US$450 000 (ZW$48 million) loan advanced to him in 2018 strictly in United States dollars. The bulk of the loan, though expressed in US dollars, was disbursed in the […]
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Banks baulk at RBZ capitalisation demands
TINASHE MAKICHI LOCAL banks have raised concerns over capitalisation demands by the Reserve Bank of Zimbabwe (RBZ) compelling the financial institutions and deposit-taking micro-finance firms to meet their targets on a cash-to-near-cash basis. According to international benchmarks, capital requirements are regulatory standards for banks that determine how much liquid capital (easily sold assets) they must […]
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Army warns rogue soldiers as duo jailed 40 years each for armed robbery
In rare step, army releases details of a general court martial trial of two rogue soldiers …
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Vandersay stars as Sri Lanka crush Zimbabwe to clinch ODIs 2-1
Chatara became the fastest Zimbabwe bowler to a century of ODI wickets in only positive …
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I declare a split: Thokozani Khupe says Mwonzora expelled, breaks away
‘We are announcing this with a heavy heart because it’s not what we wanted’ …
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A granddad’s dying wish to reunite with kidnapped boy
Thandeka Moyo-Ndlovu in Nkayi EXACTLY 3 kilometres from Mr Julius Ncube’s homestead lies a pathway connecting Forest Area to the Nkayi main road, where the last footprint of kidnapped Awakhiwe Ackim Ncube was found on December 4, 2016. Members of his paternal family had gone to the fields that morning leaving the boy, who was […] …
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Water rationing despite good rains?
Nqobile Tshili, Chronicle Reporter BULAWAYO’S supply dams have received insignificant inflows since the start of the rainy season and the local authority has said if the situation does not improve the city faces water challenges ahead. The municipality yesterday released statistics on water inflows showing that the most critical dam to the city, Umzingwane is […] …
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Veteran musician Zex Manatsa dies
Harare Bureau VETERAN musician and songwriter Zex Manatsa, 78, succumbed to cancer yesterday afternoon. The Tea Hobvu hit-maker died at Parirenyatwa Group of Hospitals where he had been admitted as he was battling multiple myeloma, a cancer of plasma cells. His son, Tendai, confirmed the news and said it was saddening for the family, fans […] …
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Travel restrictions cause drop in Byo TB cases
Thandeka Moyo-Ndlovu, Senior Health Reporter BULAWAYO has recorded a decrease in new tuberculosis and drug resistant TB cases over the past year owing to travel restrictions necessitated by Covid-19. A majority of new cases emanate from returning residents who stay or work in neighbouring South Africa, which has the highest TB prevalence in the world. […] …
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Violent death over US$5 snooker bet
Bongani Ndlovu, Online Reporter A dispute during a game of snooker ended in tragedy in Bulawayo after a player allegedly slit his rival’s throat following a misunderstanding over a US$5 winner-takes-all game he had lost. The gruesome killing happened on Wednesday night at around 11.30PM. Arnold Mlalazi from Mahatshula was stabbed by a man only […] …
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