TOP banker Sifiso Mahlangu has been appointed as the new managing director of National Building Society (NBS). The appointment is effective from July 1 2024. Mahlangu, who was the acting managing director, replaced Tapera Mushoriwa who stepped down from the post in September last year to take up a similar position with First Capital Bank….
A LOCAL financial service provider, TX Money Transfer, was launched in the capital yesterday in a move that will result in decongestion at cash collection points. TX Money Transfer is a subsidiary of a diversified Zimbabwe financial services firm Bard Santner that was birthed in 2022. Speaking at the launch in Harare, TX Money Transfer…
DARK clouds are hanging over the political career of firebrand Zanu PF Bulawayo provincial chairperson and former war veterans leader, Jabulani Sibanda. This comes as provincial party bigwigs have set in motion plans to have Sibanda and his political commissar, Douglas Gangaidzo, sacked from the former liberation movement. The beleaguered duo are facing a slew…
THE National Association of Secondary Heads (Nash) has implored all teachers and school heads to intensify the fight against drug abuse in schools to aid government’s efforts in curbing the scourge. Speaking to the Daily News in Bulawayo yesterday, Nash president Arthur Maphosa said school authorities should play their role in protecting students from drug…
By Rutendo Ngara THE Supreme Court has dismissed on a technicality attempts by the Zimbabwe Anti-Corruption Commission (Zacc) to seize luxury vehicles and trucks belonging to flamboyant businessman Justice Mayor Wadyajena. In its order on the long running case which was made available yesterday, the court said Zacc had failed to pay security costs as…
By Rutendo Ngara THE High Court is today expected to hear a bail hearing by 78 Citizens Coalition for Change (CCC) activists who are seeking freedom following their arrest last month. This comes as they were denied bail by Harare magistrate Ruth Moyo two weeks ago. The accused, who also include CCC chief administrator Jameson…
By Masimba Makwembere makwemberemv@dailynews.co.zw FOUR people yesterday died while several others were injured when a kombi they were traveling in veered off the road near Sunway City along the Harare-Mutare Highway. Police spokesperson Paul Nyathi confirmed the fatal road accident. “The police confirm a fatal road traffic accident which occurred today (yesterday) at around 1330…
THERE has been another puzzling and striking intrusion — this time at the offices of the deputy minister of Tourism, Tongai Mnangagwa. The daring break-in at the Harare central business district workplace of President Emmerson Mnangagwa’s nephew took place on Monday night. This comes after two recent and disturbing security breaches — as well as…
By Rutendo Ngara TWO Harare businessmen Moses Mpofu and Mike Chimombe will know the fate of their bail application at the Harare Magistrates’ Courts next Tuesday. This comes after the two accused were arrested on June 26 over alleged US$7 million fraud after they failed to supply over 600 000 goats under a presidential scheme….
PRESIDENT Emmerson Mnangagwa is expected to officially launch the Gukurahundi community hearings in Bulawayo this Sunday to mark the rollout of the victim-centred reconciliation outreach programme in the Matabeleland region. This comes as the hearings are aimed at bringing closure to the unrest that occurred in the early 1980s and fostering lasting peace and unity…
