Nigel Chanakira’s Kingdom Bank Africa Limited faces liquidation

Nigel Chanakira’s Kingdom Bank Africa Limited  faces liquidation

BOTSWANA’S central bank has been granted an order by the High Court in that country to liquidate Nigel Chanakira’s Kingdom Bank Africa Limited due to insolvency, the bank said on Friday. The Bank of Botswana announced that the period of temporary management of KBAL ended on May 18 and that due to insolvency, it had successfully applied for its liquidation at the High Court of Botswana and the order was granted on May 12. The…

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Bulawayo city council defies gvt June 26 deadline and tells vendors to stay put

Bulawayo city council defies gvt June 26  deadline and tells vendors to stay  put

THE MDC-T run Bulawayo city council is spoiling for a fight with Government after top officials told illegal vendors to ‘relax’ at their illegal sites. Bulawayo mayor Martin Moyo told hundreds of vendors at a stakeholders meeting today at the Small city hall that the June 26 deadline would be impossible for them to meet by providing legal vending sites. As such Moyo said vendors should ‘relax’ at their illegal sites while BCC “works out…

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‘Thomson Kachingwe’, Thomas Mapfumo’s former manager dies in Canada

‘Thomson Kachingwe’,   Thomas Mapfumo’s  former manager dies in Canada

Zimbabweans based in Canada are currently raising funds to repatriate to Zimbabwe the body of Thomson Kachingwe, a former manager of chimurenga music legend Thomas Mapfumo who passed away in Toronto on May 31. The body of the veteran 61-year-old music personality is expected to be flown to Zimbabwe next week. Kachingwe, who managed the Blacks Unlimited soon after independence, chauffeured reggae legend Bob Marley after his historic performance at Zimbabwe’s independence celebrations held at…

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Kasukuwere awarded Brainworks gvt advisory, $100m deal , without tender

Kasukuwere awarded Brainworks gvt advisory, $100m  deal , without   tender

PRIVATE equity group, Brainworks Capital, expected  to earn a healthy $100 million when it was contracted to advise the government in its bid to force foreign mining companies to comply with the country’s indigenisation laws. The company was awarded the deal by a department in the empowerment ministry then headed by Saviour Kasukuwere without going to tender. “It’s not our duty to know whether there was supposed to be tenders or not,” Brainworks’ chief executive,…

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‘Harare’s S.Machel Avenue & Bulawayo J. Nkomo/Airport Road tollgate plans’.

‘Harare’s S.Machel Avenue & Bulawayo  J. Nkomo/Airport Road tollgate plans’.

Government has begun identifying roads for urban tollgates, and the first targets are Harare’s Samora Machel Avenue and Joshua Mqabuko Nkomo/Airport Road. Though the exact location of the tollgates is yet to be determined, it is understood these two were picked as they are trunk roads linking central Harare and other cities and towns. Information gathered by The Sunday Mail last week indicates the Harare tollgates will open before 2015 ends, and then more will…

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A Harare man, consultant chemical engineer spends US$80 000 transforming into a woman

A Harare man, consultant chemical engineer  spends US$80 000 transforming into a woman

A  Harare man has spent close to $80 000 transforming himself into a woman – including sex change. Tatelicious, born Tatenda Zenzo Karigambe was born in Budiriro. According to Sunday Mail, Karigambe  has completed formalities with the Registrar-General’s Office and is now  legally a woman . “I was confirmed a boy at birth, but I just had a male body with a female mind,” said Karigambe “I usually don’t want to reveal my age –…

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Chiyangwa still in Avenues Clinic after house fire

Chiyangwa still in  Avenues Clinic  after house fire

Tycoon and politician Dr Phillip Chiyangwa, who was injured in an inferno that razed part of his Harare mansion on Friday, says he is recovering well and does not suspect foul play in the incident. The Sunday Mail visited Dr Chiyangwa at Avenues Clinic yesterday afternoon, and although in pain, his condition was said to be stable and he would be discharged soon. Appearing to be coping well with the loss, he blamed the fire…

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Chiyangwa’s 43 roomed mansion with , 18 bedrooms, 25 lounges ,15 carports, in fire outbreak

Chiyangwa’s 43 roomed mansion with , 18 bedrooms, 25 lounges ,15 carports,  in fire  outbreak

Flamboyant businessman Phillip Chiyangwa’s famous multi-million dollar plush Borrowdale mansion yesterday caught fire destroying thousands of dollars’ worth of property and left the Zanu PF central committee member hospitalised.The fire is believed to have been caused by an electrical fault in the main bedroom. Chiyangwa’s son Bruce and others managed to put out the fire before it spread to other parts of the house. When NewsDay visited the mansion yesterday afternoon, some household property, including…

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‘Only 1 indigenisation transaction concluded, & all major mining deals ‘abandoned’,

‘Only 1 indigenisation transaction concluded, & all major mining deals ‘abandoned’,

ADVISORY firm Brainworks Capital on Thursday said only one indigenisation deal had been consummated by government, while transactions worth over $1 billion with major platinum mining firms Anglo American Platinum, Impala and Aquarius had been abandoned. Zimbabwe’s Indigenization Act — enacted in 2008 — requires foreign owned companies valued at over $500,000 to cede 51 percent to black locals. The local ownership law has been cited as a major impediment to foreign investment in an…

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‘Stoaway plunges to death from plane underbelly, J’burg S.Africa to Heathrow’.

‘Stoaway plunges to death  from plane underbelly,  J’burg  S.Africa to Heathrow’.

The desperation to reach the first world is clearly seen in the thousands of people  who are taking a perilous sea journey on people smuggler boats from the coast of Libya across the Mediterranean sea to reach Europe,  all the way from East, central and North Africa, however this in a way is surpassed by a suspected ‘plane stoaway who   plunged to his death today from a  British Airways jet’, having held on 8000…

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