A local business, Aberfoyle Farming, is being prosecuted on charges that it defrauded Mikando Housing Development Trust of land worth US$2 million. The director of Aberfoyle Farming, Tazviwana Chivaviro, appeared…
HARARE - Former Cottco marketing manager Maxmore Njanji and four others who facing allegation of fraud, have been removed from remand after the State failed to produce sufficient evidence linking…
One of Zimbabwe’s leading petroleum supply company, Trek Zimbabwe, has sold its stake to a new investor at the same time booting its managing director Innocent Mugwisi, after some operational…
BY REUTERS HARARE – Zimbabwe’s central bank has cut its policy rate by 50 percentage points to 150 percent, it said in a statement on Thursday, driven by a downward…
The Zimbabwe Tourism Authority (ZTA) board and management are suspected of giving themselves illegal holiday and grocery allowances during the Covid-19 period. This has led to the Tourism and Hospitality…
HARARE - Five fraud suspects have been detained on suspicion of ochestrating an airtime fraud scheme that cost NetOne, a mobile network operator, well over $550 million. After defrauding the…
An investment management firm, Bard Santner, has launched a Gold Coin Unit Trust, this comes as the company seeks to give investors a chance to invest in one of the…
A 100MW Gwanda solar project deal, which was signed in 2015 between the Zimbabwe Power Company (ZPC) and businessman Wicknel Chivayo's Intratrek Zimbabwe (Intratrek), has been deemed legally enforceable by…
A group of hackers broke into Zimbabwe Manpower Development Fund (Zimdefbank)'s computer systems and stole $120 million from the organisation's accounts. A Harare court heard Tuesday that the hackers instructed…
Members of the Zimbabwe Electoral Commission (ZEC) have written to President Emmerson Mnangagwa and Parliament to express their rejection of the preliminary delimitation report that was presented to MPs on…