Mutasa said the perpetrators act out of ignorance, greed and lack of knowledge of the implications of their actions. She said the company has been asked with finding out where the cables are taken to so that they close the syndicate.
Opposition Citizens Coalition for Change (CCC) Harare East legislator Tendai Biti says the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system continues to be a vehicle of arbitrage and rent-seeking behavior. The auction system was introduced in June 2020 in a bid to bring transparency and
The Zimbabwe Electoral Commission (ZEC) says it has adequate legal framework to conduct free, fair and credible elections that is an envy for many countries. In an interview with a local radio station, ZEC spokesperson Commissioner Jasper Mangwana said there is need to instill order in
Fast food restaurant operator, Simbisa Brands Limited is set to terminate its listing on the Zimbabwe Stock Exchange (ZSE) and migrate to the Victoria Falls Stock Exchange (VFEX) following a decision by the board. The VFEX is a subsidiary of ZSE that was established some two
By Gwenhure Farai (Jnr) “I usually accept bribes from both sides so that tainted money can never influence my decision.” The sarcastic expression of English Philosopher Francis Bacon asserts the view that judgement must be independent, impartial and objective even under the most adverse of circumstances. The
Leading financial technology group EcoCash Holdings Zimbabwe Limited won the Best National Video TV Advert of the Year under its EcoSure brand at the 2022 Exceptional Marketers Awards held in Harare last week. The annual event, hosted by the Marketers Association of Zimbabwe, the Zimbabwe Stock
Girl child advocacy group Shamwari YemwanaSikana (SYS) has called for collective efforts from civic society organisations and government departments in the fight against mental health issues. The call comes in the wake of an unfortunate death of 18 year old Tatenda Kapuya who hanged himself with
A total of 9516 gold coins valued at ZW$9 billion had been sold as at 23 September 2022, data from the Reserve of Bank of Zimbabwe show. Of this total, 35 percent were sold to individuals while 65 percent were taken by corporates, including asset management
By Victor Fanuel HARARE- The much-anticipated Shoko Festival kicks off today, with the Voice2Rep watch party setting the tone for the urban extravaganza. The Shoko Festival's 12th edition will run until October 1st, with the theme PARTYcipate. PARTYcipate is a rallying cry for young people to participate in
Victoria Falls Stock Exchange (VFEX) listed conglomerate, Padenga Holdings returned to profitability after its mining unit, Dallaglio swung to a US$12.7million profit for the six months to June 2022 from a US$ 9.2 million loss in previous comparative period following the opening of Eureka gold
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