Gweru CID boss jailed for abuse of office

Patrick Chitumba, Midlands Bureau Chief THE officer-in-charge of CID Gweru, Detective Inspector Leonard Gwandu has been sentenced to three years in prison for criminal abuse of office. Gwandu will, however…

Private players join RBZ auction

The Reserve Bank of Zimbabwe (RBZ)’s weekly foreign exchange auction system received a major confidence booster this Tuesday following the first ever participation of two private sector giants that sold their funds on the forex trading platform introduced three weeks ago.

AfDB forecast 8,5pc economic downturn

The Zimbabwean economy will contract by 8,5 percent if coronavirus continues through to December 2020, the African Development Bank (AfDB) has said in its African Economic Outlook 2020 Supplement Report.

Winter wheat inputs abused: Top officials

Winter wheat inputs provided by the Government for the 2020 season could have been abused, submissions made to legislators by Secretary for Lands, Agriculture, Water and Rural Resettlement Dr John Basera suggest.

AMA to sidestep Covid-19 disruptions

The Agricultural Marketing Authority (AMA) says it is in the process of setting up moving virtual solutions that will allow the organisation to effectively implement its mandate following market disruptions caused by Covid-19.

Zim to promote nuclear power

Zimbabwe will have a draft sustainable energy policy by year end that among other critical issues, will promote greater use of renewable sources including nuclear power, according to Energy and Power Development Minister Fortune Chasi.

Why anti-money laundering efforts matter

The insurance and pensions sector in any economy plays a vital role in financial intermediation, but that very fact exposes it to some very real dangers with respect to white collar crimes.

Equity fund to raise stake in oil, gas project

Mangwana Opportunities, a Zimbabwean private equity fund, has an opportunity to increase its stake in gas and exploration junior miner, Invictus Energy Limited, after recently completing the acquisition of an unspecified shareholding in the company.

Armed man in court for ‘raping’ ex-wife in six-day ordeal

Leonard Ncube, Victoria Falls Reporter A MAN from Lusulu in Binga allegedly armed himself with an iron bar and okapi knife, kidnapped his ex-wife and raped her multiple times over…

Disco queen, Majalisa dies

Bongani Ndlovu, Showbiz Correspondent Disco queen, Patricia Majalisa died yesterday at the age of 53. Majalisa who was taken ill some days ago, reportedly died after taking a concoction to…

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