After Questioning Gvt Leisurely Approach To Economic Crisis, Ex-RBZ Gvernor Moyana’s Property Is Attached

After Questioning Gvt Leisurely Approach To Economic Crisis, Ex-RBZ Gvernor Moyana’s Property Is Attached

  Former Reserve Bank of Zimbabwe Governor Dr Kombo Moyana has had his eight-hectare prime land in Mt Pleasant Heights attached over a $251 000 debt, a sign that the banker might have fallen on hard times.   Dr Moyana’s company, Playgreen Farming (Private) Limited, borrowed $251 800 from Agatec Enterprises but failed to pay back within the agreed time-frame.   Agatec, through its lawyer, Mr Vusani Bangidza of Tavenhave and Machingauta Legal Practitioners, issued…

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ZPC Summoned To Justify US$5m Payment To Controversial Businessman Chivayo

Energy and Power Development Minister Dr Samuel Undenge has summoned the Zimbabwe Power Company to justify reasons for paying controversial businessman Wicknell Chivayo’s Intratek $5 million for the 100 megawatt Gwanda solar project in the absence of a performance guarantee to safeguard public funds. Dr Undenge, who was last week quoted as saying ZPC tenders were aboveboard, yesterday made a U-turn in the wake of the exposure of irregularities by The Herald saying there was…

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South African Company, Blakey Investments, Sues Mugabe’s Alpha Omega Dairy, Over debt

South African Company, Blakey Investments, Sues Mugabe’s Alpha Omega Dairy, Over debt

President Robert Mugabe’s family business, Alpha Omega Dairy, has been taken to the High Court by a South African company, Blakey Investments, over a $38 000 debt for packaging materials supplied to the First Family’s dairy plant in Mazowe last year. Early this month, Blakey filed its case at the High Court in Harare under case HC3813/16 seeking an order to compel Mugabe’s family business to pay the debt of $38 391,72. However, Alpha Omega…

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Zimbabwe Defence Ministry. Partners South Africa Mining Firm In Chrome Smelting Kwekwe Project

Zimbabwe Defence Ministry. Partners South Africa Mining Firm In Chrome Smelting Kwekwe Project

  Africa Chrome Fields (ACF), a subsidiary of South African mining company Fanshawe Mining Holdings, has entered into a joint venture with the Ministry of Defence for their exothermic chrome smelting project in Kwekwe, an official has said. Speaking during the tour of 10 chrome smelting plants that the company has set up since demonstrating the new technology to President Mugabe last year, Mines and Mining Development Minister Walter Chidhakwa said the joint venture would…

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Export Of Strategic Raw Minerals Like Coal, Methane gas, Uranium, Platinum, Iron Ore & Natural Graphite, Banned

Export Of Strategic Raw Minerals Like Coal, Methane gas, Uranium, Platinum, Iron Ore & Natural Graphite,  Banned

THE Mines and Minerals Amendment Bill (2015), which is before the Attorney-General for proof-reading, will address ambiguities of land use between agriculture and mining, and ensure maximum production in the extractice sector. A key intervention is the outlawing of the export of raw minerals except with the written consent of Government (Section 307A). A senior official in the Mines and Mining Development Ministry confirmed the Bill’s status last week. The Bill, which has been in…

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AAG Alarmed By Flawed State Procurement Board (SPB) Tender Issue In Matebeleland

AAG Alarmed By Flawed State Procurement Board (SPB) Tender Issue In Matebeleland

  SECURITY Companies in the Matabeleland region have taken a swipe at the State Procurement Board (SPB) for allegedly clandestinely and deliberately awarding tenders for the provision of security services at Government departments and parastatals in the region to Harare based firms. A number of security companies in Bulawayo interviewed by Sunday Business expressed their dismay at the rate SPB was continuously overlooking firms from the Matabeleland region to offer security service provisions at Government…

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Twenty-one ‘Female Sex Slaves’, Land At Harare International Airport From Kuwait

Twenty-one ‘Female Sex Slaves’,  Land At Harare International Airport From Kuwait

Twenty-one human trafficking victims landed at Harare International Airport on Friday evening and could hardly hold back their tears as they told of the trauma they experienced in foreign lands. The emotional women who had been stranded in Kuwait after falling prey to bogus employment agencies were repatriated back home courtesy of Young Women Christian Association. This was after government had failed to raise emergency relief action to repatriate those affected. Chairman of the parliamentary…

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‘ Zimbabwe’s Ngundu Growth Point Tops STIs Infections Rate In Southern Africa’-National AIDS Council (NAC).

‘ Zimbabwe’s Ngundu Growth Point Tops STIs Infections Rate In Southern Africa’-National AIDS Council (NAC).

Ngundu Growth Point in Masvingo Province has earned itself the infamous name as the epicentre of sexually transmitted infections (STIs) in Southern Africa, according to the National AIDS Council (NAC).Between 500 and 1000 haulage trucks pass through Ngundu Growth Point daily and commercial sex workers have made it their hub. Speaking on the sidelines of a visit to the centre by the Parliamentary Portfolio Committee on Health, NAC Co-ordinator for Masvingo Province,  Mr Evos Makoni…

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Former RBZ Governor ‘Moyana’ Perplex By Zanu PF Regime’s Leisurely Approach To National Crisis

Former RBZ Governor ‘Moyana’  Perplex By Zanu PF Regime’s Leisurely Approach To National Crisis

FINANCE minister Patrick Chinamasa continues to take brick-bats from Zimbabweans across the political divide with respected former Reserve Bank of Zimbabwe governor Kombo Moyana the latest high-profile person to tell the government it is lost. Chinamasa almost blew his top during a heated public discussion organised by the Southern African Political and Economic Series (Sapes) Trust on Thursday, where economists argued against the re-introduction of the country’s comatose currency. Moyana, Zimbabwe’s first black head of…

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