HARARE – The impressive showing of Zimbabwean players in midweek action of the South African Premier Soccer League made hearts swell with pride back home, but on the flip side, presented a compelling case of the Country vs Club debate. Kingstone Nkhatha netted a brace for Soweto giants Kaizer Chiefs on Tuesday evening while Cuthbert…
HARARE – Mautitius-based AfrAsia Bank Limited (ABL) says it remains upbeat about its investment in Zimbabwe despite the country’s fragile economy and political uncertainty. ABL holds a 35 percent stake in financial group AfrAsia Kingdom Bank Limited (AKZL), formerly Kingdom Financial Holdings Limited, acquired last year in a $9, 5 million deal. James Benoit, ABL’s…
HARARE – Three schoolchildren and two adults yesterday died in a horrific accident in Chinhoyi when a minibus they were travelling in overturned while trying to avoid a truck, police confirmed. National police spokesperson Charity Charamba said the five perished when a kombi travelling to Chinhoyi town centre tried to avoid a truck that had…
HARARE – Listed banking group BancABC was yesterday thrown into a “mini drama” after the Harare Messenger of Court raided its Mount Pleasant headquarters over a $10 million dispute with Mackie Diamonds BVBA (Mackie). Although the retail group has no business relationship whatsoever with the Belgian-based company, it was struck with a surprise writ of…
HARARE – The battle for control of the Anglican Church continued yesterday with lawyers representing disgraced ex-communicated bishop Nolbert Kunonga seeking to turn the tables against the Church of the Province of Central Africa (CPCA) saying the Anglican Church is approaching the courts with dirty hands. Jonathan Samukange, who is representing Kunonga and his Anglican…
HARARE – Two Harare businessmen are at each other’s throats following a botched deal involving the sale of a jewellery processing unit. Thomas Masango, who operates Thomas Jewellery, is fighting Michael Louizidis, who is also in the same business and is now accusing him of fraud following the latter’s sale of Alpha Jewellery in Harare….
BEITBRIDGE – MDC youths say they are ready to die defending party leader Prime Minister Morgan Tsvangirai in the event “dark forces” prevent him from taking power legitimately. These are some of the bold statements MDC youth leader Solomon Madzore has been making since being released from remand prison last month. “This time we are…
HARARE – The Bankers Association of Zimbabwe say government’s proposed fiscal reforms, which will see huge reductions in banking service charges and interest, will wear down industry profitability and compromise recapitalisation. Finance minister Tendai Biti said banks should, starting January 2013, not levy fees on deposits of less than $800 and give four percent interest…
JOHANNESBURG – Five high-ranking officials in South Africa have been suspended as the government investigates security breaches during a society wedding. The justice minister said three police officers had also been arrested. A wealthy Indian family was allowed to land a private jet at a military base near the capital, Pretoria. The Gupta family, which…
HARARE – An international human rights group has cast doubt on the credibility of the forthcoming referendum given the escalating arrests and intimidation of human rights defenders by State security agents. The referendum has been tentatively set for March 16 while elections could be held in July. Amnesty International said attacks on human rights defenders…
