Zuva Petroleum

Zuva Petroleum selling petrol contaminated with water

ZUVA Petroleum has admitted to selling petrol contaminated with water to three Bulawayo motorists whose vehicles may have got damaged as a result. Police have launched a probe against a Zuva Petroleum fuel station located...
EcoCash Rand wallet

Econet launches EcoCash Rand wallet

Econet Wireless Zimbabwe has launched the EcoCash Rand Wallet on its mobile money platform to give an alternative currency in the wake of cash shortages prevailing in the market. This comes as 26 000 agents...
WHY PRESIDENT MUGABE DID NOT TALK ABOUT BOND NOTES

WHY PRESIDENT MUGABE DID NOT TALK ABOUT BOND NOTES

Presidential spokesman, George Charamba says President Mugabe did not have to talk about bond notes in his State of the Nation Address. He said his boss did not want to pre-empt the Minister of Finance...
President Mugabe

DENMARK CLOSES ZIMBABWE EMBASSY

The Royal Danish Embassy and its general consulate in Harare have been closed to focus on important emerging markets, the embassy said in a statement yesterday. The Danish Embassy in Pretoria will from January 1,...
PATRICK CHINAMASA PRESENTS BUDGET

PATRICK CHINAMASA PRESENTS BUDGET

Finance and Economic Development Minister Patrick Chinamasa is expected to present the 2017 National Budget this afternoon largely oriented towards a cocktail of incentives to boost local production while encouraging foreign direct investment. Minister Chinamasa’...
Zimbabwe Diamonds

Diamond Output Drops by 62%

Zimbabwe’s diamond production declined by 62 percent to 924 388 carats since January this year due to court cases filed by evicted miners resisting Government’s decision to consolidate the sector.Production of the precious mineral...
clive pillay

Beware bogus Banking Ombud text messages

Banking Ombud Clive Pillay isn’t in the habit of “issuing out funds” directly to consumers, and his office certainly doesn’t send SMSes about rulings. We have come across a number of examples of fictitious SMSes...
Zimra

Zimra Ghost Payroll Raises RED FLAGS

Chartered accountants who audited Zimbabwe Revenue Authority (Zimra) accounts have raised a red flag on salaries that appeared in suspended executives’ bank accounts, but did not appear on the revenue collector’s payroll.The Auditor-General’s Office...
BOND NOTES PICTURES LEAK: POSB BANK FINED

BOND NOTES PICTURES LEAK: POSB BANK FINED

People’s Own Savings Bank was yesterday fined $500 000 by the Reserve Bank of Zimbabwe for violating the Banking Act after its employees leaked pictures showing bond notes in the bank’s vaults on social...
Bond Notes made in South Africa

Bond Notes MADE in SOUTH AFRICA – LEAKED PICTURES SHOW

Bond Notes MADE in SOUTH AFRICA - PICTURES... So everyone was wondering where this MR BOND NOTE is coming from but we managed to solve that riddle when the notes and coins arrived in...
Bond Notes

Mugabe’s Bond Notes Finally OUT – Take it or Leave it!!

The Reserve Bank of Zimbabwe is expected to introduce bond notes onto the market today with the majority of people expressing optimism that the new measure will be the panacea to cash shortages afflicting...
Bond Notes

Pending Court Cases CANNOT STOP BOND NOTES

The existence of pending court cases in which some individuals are challenging the legality of Statutory Instrument 133 of 2016 Presidential Powers (Temporary Measures) Act does not stop the issuance of bond notes as...

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