HARARE – Police have been ordered to pay $17 075 in damages to pro-democracy activist Cynthia Manjoro, a victim of wrongful arrest, detention, torture and malicious prosecution, High Court judge Mary Zimba-Dube ruled yesterday. Police had contested the charges and refused to accept liability for any damages against plaintiff Manjoro, who was seeking financial damages,…
HARARE – A “Russian” national accused of using fake documents to apply for a Zimbabwean passport is to be re-tried before the Harare Magistrates Court after the Constitutional Court (Con-Court) yesterday dismissed his application challenging the re-opening of the case. Steven Paul Sugden had approached the Con-Court seeking to stop the re-opening of the State…
HARARE – Former minister of State Security Didymus Mutasa has turned down an invitation to join the newly-formed National Patriotic Front (NPF), saying it is nothing but a tribal party doing the bidding for deposed ex-president, Robert Mugabe. Read full story in today’s paper. [Adz]
HARARE – A state-sanctioned investigation into a massive ivory and rhino horn trafficking scandal that prejudiced the foreign currency-starved nation of millions of United States dollars has sucked in former first lady Grace Mugabe. Environment, Water and Climate minister Oppah Muchinguri-Kashiri sensationally claimed in an interview with the Daily News yesterday that Grace would occasionally…
HARARE – The Insurance and Pensions Commission has issued a stern warning saying all insurance companies should engage actuaries for key validation on their activities or face serious consequences. The development comes at a time when some insurance companies and pension funds are said to be snubbing actuarial services due to high fees. It is…
HARARE – Zimbabwe Stock Exchange-listed seed producer, SeedCo, has lauded government’s efforts to revive agricultural projects in the country, pledging to assist small-scale farmers in ramping up production. SeedCo managing director Denias Zaranyika yesterday told delegates at a field day in Rattray Arnold Research Station, north east of Harare, that the listed firm was moving…
HARARE – Business lobby groups have denied their members illegally stashed hundreds of millions of dollars overseas, saying they just did not acquit their foreign payments on time. Unless proven otherwise, claims of externalisation of foreign exchange by government could expose the ruling administration’s ignorance in constitutional, administrative and bureaucratic issues. The country’s largest industrial…
HARARE – A dramatic recovery of Zimbabwe Stock Exchange-listed Nicoz Diamond Insurance Limited’s troubled Malawi operation during the year ended December 2017 boosted its gross premium written to $40,1m from $36,9m the previous year, chairperson, James Karidza said yesterday. Nicoz saw its pre-tax profits rise three fold to $4 million during the review period, from…
HARARE – Business lobby groups have denied their members illegally stashed hundreds of millions of dollars overseas, saying they just did not acquit their foreign payments on time. Unless proven otherwise, claims of externalisation of foreign exchange by government could expose the ruling administration’s ignorance in constitutional, administrative and bureaucratic issues. The country’s largest industrial…
HARARE – When most people think about the success of mobile money in Zimbabwe, they immediately think of EcoCash. But Darlington Mandivenga, the CEO of Econet’s Cassava Fintech group, believes that mobile insurance service EcoSure — the fastest growing portfolio within the group, will in time eclipse EcoCash’s current success. Last week, the Postal and…
