February 2026 | Page 14 of 20

By Judith Nyuke Former Renaissance Financial Holdings CEO Patterson Timba (59) appeared at the Harare Magistrates Courts on fraud allegations involving a botched US$5 million share deal. He was remanded in custody until Wednesday for his bail application. The complainant in this case is Jameson Rushwaya, director of

Business

POSB Digitises ‘Mukando’ with New Mobile Group Savings Platform

February 10, 2026

author: Staff Reporter

By Kudzaishe Chimonera The People’s Own Savings Bank (POSB) has launched Huruyadzo/Inkunzi, a mobile-based group savings platform designed to make collective saving safer, more transparent and accessible across the country. The service formalises the country’s long-standing Mukando system allowing groups to save together while introducing shared

Courts

Donkey Thief Jailed After tip-off Exposes Altered Ear Marks

February 10, 2026

author: Staff Reporter

By Kudzaishe Chimonera A man from Zvishavane has been sentenced to 14 months in prison after being convicted of stealing and selling six donkeys, a crime that was uncovered after a tip-off led the owner to track down the animals. The Zvishavane Magistrates’ Court heard that Vengai

Business

Zim Launches World-First Programmable Collateral-to-Fiat Platform

February 10, 2026

author: Staff Reporter

Zimbabwe has become the birthplace of a global financial first: Ndarama, a Zimbabwean-founded fintech platform is introducing the world’s first system that bridges programmable collateral from tokenised real-world assets directly to fiat currency via mobile money allowing users to invest from as little as USD

News

A New Benchmark for Golf Practice at The Hills

February 10, 2026

author: Staff Reporter

Ken Sharpe The Hills Luxury Golf Estate driving range opens on March 6 exclusively to members marking the first stage in bringing back one of Zimbabwe’s most iconic golf courses to life. This milestone is more than just a facility launch - it is the rebirth of

Courts

Man in Court for US$8k Vehicle Scam

February 10, 2026

author: Staff Reporter

By Judith Nyuke A 31-year-old man appeared in court accused of swindling a Harare man out of US$8 050 after misrepresenting that he could import a Honda Vezel vehicle on his behalf. Vitality Munemo appeared before Harare magistrate Tapiwa Kuhudzai on fraud charges. He was granted US$100 bail,

Business

IMF Backs Zimbabwe Reform Push with New Staff-Monitored Programme

February 9, 2026

author: Staff Reporter

By Kudzaishe Chimonera Zimbabwe and the International Monetary Fund (IMF) have reached a staff-level agreement on a new Staff-Monitored Programme (SMP), a step the authorities say could help entrench economic stability and support the country’s efforts to re-engage with international lenders. The 10-month programme is designed

News

Freda Rebecca Gold Mine Loses Application Against Botha Gold Mine

February 9, 2026

author: Staff Reporter

The High Court has struck off the roll an Urgent Chamber Application filed by Freda Rebecca Gold Mine against Side Electrical (Pvt) Ltd T/A Botha Gold Mine, delivering a significant legal setback to Freda Rebecca’s attempts to interdict Botha’s mining operations. The matter, brought under case

News

UK Aid Watchdog Begins Zim Visit for Global Partnership Review

February 9, 2026

author: Staff Reporter

A delegation from the United Kingdom’s aid watchdog, the Independent Commission for Aid Impact (ICAI) has arrived in Zimbabwe as part of a worldwide review into how Britain works with partner countries on development. The team is led by ICAI’s Chief Commissioner, Jillian Popkins and includes

Business

Love on the Menu as RTG rolls out Valentine’s Dinners Across Zim

February 9, 2026

author: Staff Reporter

By Kudzaishe Chimonera Rainbow Tourism Group (RTG) has announced a nationwide programme of Valentine’s Day dining experiences to be held at its hotels on 14 February as it steps up themed hospitality offerings for the “month of love”. The group said the celebrations will centre on couples,