Government books in total shambles: Auditor-General

By Tendai Kamhungira State-owned enterprises and parastatals continue to incur shocking financial losses, with high chances of ceasing operations, Auditor-General Mildred Chiri has warned. ZESA Megawatt HQ in Harare State-owned enterprises and parastatals are losing millions of dollars, according to Chiri’s latest 2017 report, with fears that some might be declared insolvent due to the losses. Among the companies experiencing dreadful losses are Zimbabwe Consolidated Diamond Company (ZCDC), Zesa Enterprises (Private) Limited (Zent), Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and Small to Medium Enterprises and Development Corporation (Smedco). Related…

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10 years in jail for illegal forex dealers

On Nov 13, 2018 35,765 0 A new law came into force yesterday prescribing a 10-year jail term for unlicensed foreign currency traders in Zimbabwe. File picture of forex dealers in Zimbabwe The new law that amends the Exchange Control and Money Laundering and Proceeds of Crime Act says those convicted will also have money confiscated from them forfeited to the State. This comes after President Emmerson Mnangagwa has said he was moving to deal decisively with unscrupulous Zanu PF bigwigs and business people who are involved in the illegal…

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Debt-ridden AirZim invites investors

On Nov 13, 2018 18,776 0 By Pauline Hurungudo Air Zimbabwe is inviting tenders from interested parties to invest in the stuttering airline. File picture of an Air Zimbabwe plane In a notice published yesterday, Air Zimbabwe Holdings administrator Reggie Saruchera said that interested bidders were to lodge their bids with Grant Thornton Chartered Accountants. “Tenders are hereby invited from interested parties to invest in Air Zimbabwe. Parties interested in investing are required to register their interest with the Air Zimbabwe administrator…” he said. Related Articles This comes after the…

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Biti demands prosecutor’s recusal

By Shamiso Dzingire MDC deputy national chairperson Tendai Biti has demanded that chief law officer Michael Reza be recused from prosecuting him saying his judicial independence was in question. Tendai Biti arrives at the magistrates courts in Harare, Thursday Aug. 9, 2018. Biti was deported to Zimbabwe following his arrest in Zambia after his asylum bid was rejected. Biti’s plight has raised concerns about a wave of repression against the opposition by the government of Zimbabwe’s President Emmerson Mnangagwa. (AP Photo/Tsvangirayi Mukwazhi) Reza was appointed by the Prosecutor-General (PG) as…

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Army denies killing civilians on August 1

By Tendayi Madhomu Zimbabwe National Army (ZNA) has outrightly denied that soldiers are responsible for the killing of six civilians on August 1, implying that there could be a second hand responsible for the shootings. A soldier fires shots towards demonstrators, on August 1 2018, in Harare, as protests erupted over alleged fraud in the country’s election. (AFP PHOTO / Zinyange AUNTONY Testifying before the Kgalema Montlanthe-led commission, both Commander of the Zimbabwe Defence Forces (ZDF) Valerio Sibanda and Brigadier General Anselem Sanyatwe denied that soldiers shot at the civilians.…

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NetOne demands $100k from ex-employee

By Tendai Kamhungira Netone Cellular (Private) Limited (NetOne) has filed a $100 000 lawsuit against its former employee who failed to return money she reportedly expropriated from the mobile network operator. Cynthia Mapeza According to court papers, the former employee, Cynthia Mapeza was employed by the organisation as a supervisor and was based in Gweru. “The defendant (Mapeza) was at all material times an employee of the plaintiff (NetOne) stationed at plaintiff’s Gweru retail shop as a supervisor. Among other things, (she was) the custodian of all stocks meant for…

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War vets corner Mnangagwa

By Fungi Kwaramba Veterans of the country’s liberation struggle last Saturday met with President Emmerson Mnangagwa and demanded that he fires Zanu PF’s secretary for administration Obert Mpofu who they allege faces a litany of corruption charges. Zimbabwe Liberation War Veterans Association (ZNLWVA) secretary general Victor Matemadanda War veterans’ chairpersons drawn from the country’s 10 provinces petitioned Mnangagwa in this regard, demanding the removal of Mpofu and several Zanu PF top ranking officials. The move by war veterans to confront Mnangagwa comes as the political future of the former Cabinet…

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MDC fears for Chamisa’s life

By Mugove Tafirenyika The MDC yesterday said it feared for the life of its leader Nelson Chamisa, whom it claimed had narrowly escaped kidnapping by suspected State security agents over the weekend. Dramatic moment agents from the CIO allegedly tried to abduct a member of Nelson Chamisa’s convoy But the government has robustly dismissed the Saturday incident as nothing more than “a mere road rage” matter. Addressing journalists at the party’s headquarters in Harare yesterday, MDC spokesperson Jacob Mafume accused President Emmerson Mnangagwa’s government of harbouring intentions to eliminate Chamisa…

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MDC MP arrested for providing false address to Zec

On Nov 13, 2018 28,924 2 By Shamiso Dzingire Mount Pleasant MDC Member of Parliament Samuel Banda was yesterday arraigned in court over allegations of presenting a false residential address to the Zimbabwe Electoral Commission (Zec). Samuel Takudzwa Banda Banda allegedly provided the false address during the National Biometric Voter Registration (BVR) exercise in December last year. Using the alleged false address, Banda contested for the Mt Pleasant House of Assembly seat and won. Related Articles He is being charged with” making a false statement or fact in any claim…

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Peruvian jailed 10 years for cocaine possession

On Nov 13, 2018 25,687 3 By Shamiso Dzingire A Peruvian man who was caught with a kilogramme of cocaine at the Robert Mugabe International Airport in September has been slapped with a 10 year jail term. File picture of Harare Magistrates Court Wilmer Tarazona Aro was convicted on his own plea of guilty for unlawfully dealing in dangerous drugs by Harare magistrate Rumbidai Mugwagwa. Mugwagwa sentenced Aro to an effective 5-10 years jail term and ordered the cocaine to be destroyed. Related Articles Circumstances are that on September 18,…

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