NMB Holdings has posted a strong start to 2025, recording a profit after tax of ZWG 56 million for the quarter ended March 31, despite operating in a tightly controlled monetary environment. In a trading update, NMB Group Company secretary Violet Mutandwa said the period was
The government has reassured the nation on the current state of HIV treatment and response in the country, following social media allegations claiming shortages of antiretroviral drugs (ARVs) and disturbing reports of extortion by healthcare workers, particularly in Chiredzi. In a press conference earlier today, Dr.
By Shalom Shawurwa The City of Harare has announced a debt recovery operation targeting residents, businesses, and institutions occupying council-owned properties who have failed to meet their financial obligations. In a statement, acting Harare Town Clerk, Phakame Mabhena Moyo said the recovery process will begin on Monday,
Former Cabinet Minister Professor Jonathan Moyo has hit out at veteran South African journalist Sophie Mokoena over what he described as “divisive and misleading” commentary on the Victoria Falls. Mokoena, who serves as International News Editor for the South African Broadcasting Corporation (SABC) got the ire
By Elishamai A. Ziumbwa FBC Holdings Group Chief Executive, Trynos Kufazvinei says the company is a driven organisation that supports stakeholder-led initiatives that are designed to deliver long-term benefits to vulnerable communities. Speaking at the Shungu Dzevana Trust building project groundbreaking ceremony in Harare, Trynos Kufazvinei said
By Judith Nyuke Savannah Beverages and two of its senior employees have appeared in court for allegedly defrauding Blackbox Investments (Pvt) Limited of US$66,894 in a failed supply deal involving Jade pet industrial chemicals and plastic polymers. Savannah Beverages Company, its operations manager Alexious Manyanda (46) and
By Judith Nyuke A former Finance Manager from the Insurance Council of Zimbabwe has appeared at the Harare Magistrates' Court for reportedly stealing US$371,610.00 from his employer Oswald Tutai, 35, appeared before Harare magistrate Marewanazvo Gofa charged with money laundering. He was released on US$200 bail and the
By Judith Nyuke A local company, Burnett Motors, has been dragged to court for allegedly failing to deliver eight Toyota Hilux vehicles, valued at US$280,000, to the Zimbabwe Consolidated Diamond Company (ZCDC) despite payment having been made two years prior. Burnett Motors Dealership (Pvt) Limited, represented by
Financial institution ZB Bank officially launched two digital financial platforms—Smile Cash and Smile Pay—in a move that could reshape the country's financial landscape. The innovations aim to bridge the gap between traditional banking and the modern fintech ecosystem, providing seamless, inclusive, and smart financial services for
Acting Harare Town Clerk Phakame Mabhena Moyo says the circulation of a leaked document outlining plans for the demolition and regularisation of illegal structures in the capital was never intended for public release. In a statement, Moyo said the document is a preliminary internal working draft
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