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- SundayMail
- April 23, 2017
- 291 views
US$15m ‘siphoned’ from Freda Rebecca
Africa Moyo and Darlington Musarurwa More than US$15 million could have been siphoned from gold miner Freda Rebecca (formerly Mwana Africa) through a series of underhand dealings by its new…
- SundayMail
- April 23, 2017
- 88 views
Timeline of key events
2008 – Mwana Africa, which had significant nickel and gold assets, decides to mothball operations. However, as the economy improves, the business decides to raise funds to restart operations through…
- SundayMail
- April 23, 2017
- 80 views
RBZ closes the taps on bond notes
Livingstone Marufu DESPITE ever-growing demand for cash, the Reserve Bank of Zimbabwe says it will not immediately issue new bond notes to add to the US$121 million in value already…
- SundayMail
- April 23, 2017
- 84 views
Mystery of the stronger rand
THE South African rand is rallying in the midst of a grave political crisis, confounding many of the experts who expected a disaster after Pravin Gordhan’s axing. What is happening…
- SundayMail
- April 23, 2017
- 80 views
Importance of withholding tax
Taurai Changwa Business Forum THE attempt by the Zimbabwe Revenue Authority to start deducting 10 percent withholding tax from tobacco farmers’ earnings met dogged resistance from various quarters. They felt that farmers…
- SundayMail
- April 23, 2017
- 115 views
‘We ain’t proud of what happened’
In the past fortnight, Asa Resources in general and Freda Rebecca in particular have been in turmoil. After revelations of alleged externalisation and smuggling of gold bullion, the company’s board…
- SundayMail
- April 23, 2017
- 136 views
The greatness of Independence
Milton Kamwendo Hunt for Greatness Time gives better perspective, room for sobriety, space for reflection and, hopefully, considered judgment. It has been 37 years since Zimbabwe attained independence on April 18, 1980. This…
- SundayMail
- April 23, 2017
- 91 views
RBZ sets record straight on rand adoption
Livingstone Marufu The Reserve Bank of Zimbabwe has ruled out adopting the South African rand as the country’s major reference currency. Instead, authorities will spiritedly promote the full multi-currency basket and…
- SundayMail
- April 23, 2017
- 91 views
Crunch time for Kasukuwere
Lincoln Towindo and Tinashe Farawo President Mugabe has dispatched a high-level Zanu-PF delegation to Mashonaland Central to resolve major differences among party leaders in the province. The delegation, led by ruling…
- SundayMail
- April 23, 2017
- 111 views
Local Content laws coming in June
Lincoln Towindo Government and the private sector will soon be compelled to purchase most of their goods and services locally under new production-stimulating regulations authorities are crafting. The Local Content Policy…