Financial Institutions Increase ZimSwitch Transaction Charges By Up To 300%

Financial Institutions Increase ZimSwitch Transaction Charges By Up To 300%

ZimSwitch  uses will feel the pinch in transaction charges as banks have announced an astronomical rise of up to 300%. Financial institutions agreed on an upward review of the fees to maintain ATM infrastructure, in a move analysts say could boost non-interest income for the sector, while hurting bank customers. The past two weeks have seen banks increasing service fees for withdrawals made through the ZimSwitch platform to US$4 from US$1, while Visa cardholders’ withdrawal…

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MDC T-Chamisa Warns Army, ‘You Will be held To Account’ When The Regime Changes

MDC T-Chamisa  Warns Army, ‘You Will be held To Account’ When The Regime Changes

MDC-T MP for Kuwadzana East Nelson Chamisa has warned “rogue” members of the army to “watch what you say”. Chamisa said this to hundreds of party supporters at a rally in his constituency Sunday following reports that senior generals had threatened to “deal with politicians” who oppose President Robert Mugabe including former Vice-President Joice Mujuru. “We are watching you and there are people taking note of everything that is happening. If you threaten the people,…

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Zanu PF Regime To Impose 10% Tax On Foreign Owned Companies To Fund Black Empowerment

Zanu PF Regime To Impose 10% Tax On Foreign Owned Companies To Fund Black Empowerment

GOVERNMENT plans to impose a 10 percent tax on foreign-owned firms to fund a black economic empowerment programme that is designed to bring the companies under local majority control, a minister was quoted as saying on Monday. Some of the companies that could be affected by the new tax include the world’s top two platinum producers Anglo American Platinum and Impala Platinum Holdings, which both have operations in Zimbabwe. Under the Indigenisation and Economic Empowerment…

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‘Zimbabwe’ 38 Elephants Killed In Six Months, Now Eleven Elephants Killed In Cyanide Attack

Photo-Patrick Sibanda, A senior wildlife officer with the Parks and Wildlife Management Authority looks at the remains of the poisened elephants at Hwange National Parks on Sunday. Pic Aaron Ufumeli Eleven elephants have been found dead at Number Nine area and Deka Safari area in the past week in a case suspected to be cyanide poisoning. The first batch of elephant carcasses comprising four females and one bull were found ten metres apart of each…

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‘Zanu PF National Assembly, Mabel Chinomona Now More Than 2 Years In Rainbow Towers Hotel’

‘Zanu PF  National Assembly, Mabel  Chinomona Now More Than 2 Years In Rainbow Towers Hotel’

Zanu PF is typically milking the nation as, soon after the vice president Phelekezela Mphoko, was reported to have so far spent  a total of almost 300 days living in a hotel at government expense, totalling up to US$120,00 since December 2014. As if thats not enough, it is now reported  that the National Assembly Mabel Chinomona has also , so far spent  more than two years, living in Rainbow Towers hotel in Harare at government expense. This…

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Thieves Use Dynamite To Blow Safes Open In Four Bulawayo Schools In One Month

Thieves Use Dynamite To Blow Safes Open In Four Bulawayo Schools In One Month

THE Government will soon ban schools from handling cash and order them to use banks for all transactions following a rise in the use of dynamite to bomb safes by robbers who raided four schools in Bulawayo last month, getting away with cash and property running into thousands of dollars. The use of dynamite in bombing safes started in South Africa when bank robbers started using explosives to blow up Automated Teller Machines (ATMs). According…

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Tsvangirai’s “Secret” Wife Of More Than 20 years, ‘Josephine Chibali’, Exposed

Tsvangirai’s “Secret”  Wife Of More Than 20 years, ‘Josephine Chibali’, Exposed

MDC-T leader Mr Morgan Tsvangirai’s “secret” wife of more than 20 years with whom he sired two children has been unmasked following his failure to settle US$15 227 rental arrears. The woman whose union with the opposition politician has been known to some in social circles – though remaining pretty much under wraps – is Ms Josephine Chibali. The Sunday Mail got to know her identity after some of her belongings were attached by her…

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‘Zim Has US$15 trillion , Worth Of Diamonds, Platinum,& Gold Mineral Deposits’-VP Mphoko

‘Zim Has US$15 trillion , Worth Of Diamonds, Platinum,& Gold Mineral Deposits’-VP Mphoko

The vice president, of the Zimbabwe Republic, Phelekezela Mphoko announced that Zimbabwe is actually sitting on a total of US$15 trillion worth of minerals. This he claims , actually established that the nation has in the capacity of producing over 2,8 billion tonnes of platinum, along with over 30 million tonnes of gold  and  massive  diamond deposits which can raise the country’s per capita income to over US $1 million. As expected, the Vice president took the all too familiar anti imperialist, Zanu…

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Zim Civil Service Commission Re-registering Pensioners, To Eradicate Ghost Pensioners

Zim Civil Service Commission Re-registering Pensioners, To Eradicate Ghost Pensioners

Civil Service Commission last month commenced an exercise where they are re-issuing certificates of life to all Government pensioners, a move that is expected to rid the system of possible ghost pensioners. In a telephone interview, Deputy Minister Matangaidze said this was just a routine exercise to update their books on the people they were paying pensions to. “That is just a routine exercise. There is nothing much to it. We want to ensure that…

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‘Curthbert Dube Demands US$1 Million From Zifa For Revoking His Mandate’

CUTHBERT DUBE vowed to knock at 53 Livingstone Avenue “first thing tomorrow” demanding the nearly US$1 million dollars he is owed by Zifa after the soccer governing body’s councillors resolved to revoke his mandate and that of the board in Harare yesterday. A massive 51 councillors voted in favour of a motion to boot out the highly unpopular Dube, who had on Friday indicated that he intended to leave office on December 5. Also sacked…

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