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...
john-mangudya

More Challenges to BOND NOTES in the High Court… Do we just Ignore the...

Frederick Mutanda’s urgent High Court chamber application challenging the planned introduction of bond notes, started late in the day before Judge President, Justice George Chiweshe.In his application, the businessman said the move by the...
Finance minister Patrick Chinamasa

Opposition MPs WARN Chinamasa against abuse of Opec Loan

Zimbabwe Opposition MPs have warned Finance minister Patrick Chinamasa against politicising a $7,6 million line of credit from the Organisation of Petroleum Exporting Countries (Opec) Fund, which was approved by Parliament yesterday.This came out during...
Psychology Maziwisa

WE ILLEGALLY PAID Zanu-PF’s MAZIWISA $51K: ZESA

ZESA Holdings, through two of its subsidiaries, paid $51 000 to Fruitful Communications (Fruitful) — a company owned by Highfield West Zanu PF legislator, Psychology Maziwisa.Zesa chief executive Josh Chifamba yesterday told a parliamentary...
Air Zimbabwe

AIRPORT DEPARTURE TAXES TO GO UP

Airport departures fees are going up in Zimbabwe in January next year. Transport and Infrastructural Development Minister Dr Joram Gumbo announced the proposal to increase departure levy on Friday during the commissioning of the...
Air Botswana QUITS HARARE & LUSAKA Routes

Air Botswana QUITS HARARE & LUSAKA Routes

Air Botswana has suspended the Gaborone-Harare and Gaborone-Lusaka routes as of last weekend as part of the airline’s plans to enhance the schedule rationalisation exercise for the upcoming summer period.In addition, there will be...

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