adminEx-Zifa boss Rushwaya granted bail
Tendai Rupapa Court Reporter
FORMER Zifa chief executive Henrietta Ru-shwaya yesterday appeared in court on char-ges of concealing transactions from her principals, fraud and bribery emanating from soccer matches the senior national football team played in Asia.
She is facing 11 counts of concealing transactions from a principal, two counts of fraud and 15 others of bribery involving US$1 million.
The former Zifa boss was granted US$500 bail with the consent of the Attorney-General’s Office.
She was ordered to report to the police once every fortnight and to surrender her passport to the Clerk of Court pending finalisation of the matter.
Govt owes colleges US$41m in unpaid fees
Herald Reporter
GOVERNMENT owes tertiary institutions over US$41 million in unpaid tuition fees
We enjoy cordial relations with Zim — BDF chief
Peter Matambanadzo Senior Reporter
VISITING Botswana Defence Forces Commander Lieutenant General Tebogo Carter Masire has
CBZ to clear RTGS payments
Golden Sibanda Senior Business Reporter
CBZ Bank has stepped up efforts to clear all its outstanding payments through the Real Time Gross Settlement system by the end of this week. The bank indicated that it had put in place measures to maintain the bank’s normal turnaround period on
Investors lose over US$150m on ZSE
Bright Madera Senior Business Reporter
INVESTORS on the Zimbabwe Stock Exchange have lost more than US$150 million since the beginning of the year, as equities have remained fairly subdued. The market was valued at US$3,7 million last year and closed yesterday at US$3,5
Indigenisation targets mines in Manicaland
Tawanda Musarurwa Business Reporter
THE indigenisation programme is set to roll out the empowerment drive in Manicaland that will soon result in the launch of community share ownership schemes for mining companies operating in the province. Youth Development, Indigenisation
Zim delegation in SA for mining indaba
Business Reporter
A ZIMBABWEAN delegation is in Cape Town, South Africa, for this year’s mining indaba that started yesterday.
The indaba is a major conference that brings together mine executives, investors and policy- makers from around the
LonZim to be renamed Cambria Africa
Business Reporter
ZIMBABWE-FOCUSED investment firm LonZim plc has indicated that it will change its name to Cambria Africa plc.
This comes as the company moves to operate independent of direct support from Lonhro Plc, which, however, retains its 22,9
Firm unveils cost-cutting scheme for cross-border traders
Business Reporter
A LOCAL travel agency, Happy Travellers, has come up with an innovative scheme that will help reduce travelling costs for cross-border traders. The scheme is expected to benefit cross-border traders who travel regularly to China and Dubai. The
Wetlands role in boosting tourism hailed
Business Correspondent
LOCAL wetlands have great potential of attracting investment in the tourism industry, Zimbabwe Tourism Authority Masvingo provincial chairperson Dr Fredrick Kasese has said. Addressing delegates to the provincial Wetlands Day commemorations at