Business

A 34-YEAR-OLD unemployed man yesterday appeared at the Harare Magistrates Court charged with unauthorised access to a computer linked to the Zimbabwe Revenue Authority (Zimra) Paynet server where he allegedly paid himself $2 385 073, through a fraudulently registered company.Manase Manjovha was not asked to plead when he appeared before magistrate Rumbidzai Mugwagwa, who remanded him to today for bail application.The complainant, Zimra was represented by its information communication technology security manager Ebrahim Makunganya.The State…

ZIMBABWEANS must not be fooled by Econet founder Strive Masiyiwa when he talks about national interest as he was only concerned about profits, International Socialist Organisation (ISO) leader and firebrand trade unionist Munyaradzi Gwisai has said. “I think there is a naïve belief of class unity of Strive Masiyiwa, trade unions and peasants when he talks about a vision, when he talks about the people of Zimbabwe,” Gwisai said. He was addressing politicians, civic leaders,…

‘Mugabe warns Mnangagwa, ” I don’t care what will happen to me, the army must stop killing people and return to the barracks’.“People should love their army, they should not fear the army,” he said.Former president Robert Mugabe yesterday warned his successor, Emmerson Mnangagwa, that power does not last forever as he strongly condemned the deployment of soldiers to quell the January 14 protests.Mnangagwa on February 16 boasted that he deployed the army to deal…

The Reserve Bank of Zimbabwe has set the interbank rate at 2.5 to the US dollar to kick start its auction system. However its ability to sustain it at those levels depends, among others on the availability of foreign currency, the quantum of outstanding payments and their averages and fiscal discipline on the part of government. At a post Monetary Policy meeting this morning, RBZ governor said the apex bank had managed to supply banks…

BREAKING:Ex Sunday Mail editor, Kudzayi a.k.a Baba Jukwa arrested at a roadblock over a ‘camouflage umbrella’. He is currently detained at Borrowdale Police Station Former government employee and Sunday Mail editor, Mr Edmund Kudzayi of the Baba Jukwa fame, was arrested on Friday morning after police stopped his vehicle at a roadblock and found a “camouflage umbrella”. He is currently detained at Borrowdale Police Station.Kudzayi has been charged under Section 32 of the Criminal Law…