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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Nicholas Goche’s son dies in South africa.

Nicholas Goche’s son dies in South africa.

Former Zanu PF hawk, Nicholas Goche’s son, Nicholas (jnr) Goche reportedly died in South Africa last week after collapsing at his apartment. According to close family sources that did not want to be quoted, Nicholas (jnr) died in South Africa after collapsing and fracturing his skull at his flat in Morningside, South Africa. Information availed to reporters is that Nicholas (jnr) was chatting with a relative on Sunday 14 June 2015 and suddenly went quit….

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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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‘South Africa’s Constitutional Court legalises adultery’

‘South Africa’s  Constitutional Court legalises adultery’

Johannesburg – For many years, if you cheated on your spouse in South Africa, you could end up being sued by the innocent partner. Not anymore. The Constitutional Court ruled on Friday that adultery was no longer part of South African law. The judges ruled unanimously that a wronged spouse could no longer sue for damages, reasoning that marriage was based on the concept of two willing parties and it did not seem appropriate in…

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Four Bulawayo suspects appear in court over R24m gold and copper heist

Four Bulawayo suspects appear in court over R24m gold and copper heist

FOUR people were arrested in Bulawayo last month, in connection with a R24 million gold and copper heist which made headlines in South Africa after police from that country seized a vehicle containing the minerals, while the suspects got away.The four suspects, who all reside in Bulawayo, are Tinashe Mpofu (28), Zimiseleni Masibi (47), Mduduzi Ndlovu (28) and Gloria Nhema (32).Mpofu is facing multiple charges for contravening various sections of the law. He was initially…

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Mugabe, says African leaders snub his invites to visit Harare, and blames the West.

Mugabe,  says African leaders  snub his invites to visit Harare, and blames the West.

PRESIDENT Robert Mugabe, a much-criticised frequent flier, has revealed that some African leaders have snubbed his invites to visit Harare. And, as with everything else that goes wrong in Zimbabwe, Mugabe blamed western countries for the rebuffs. Mugabe made the revelation while seeing off Malian president, Ibrahim Boubacar Keita, who made a three-day stopover in Harare after attending the African Union summit in South Africa. Speaking at Harare international airport, the veteran leader said leaders…

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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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‘Zimbabwe on brink of total collapse and bringing down the Southern Africa region’

‘Zimbabwe on brink of total collapse and  bringing down the Southern Africa region’

 Zimbabwe is teetering on the verge of total collapse and could drag the whole Southern African region into unprecedented chaos if President Robert Mugabe and his ruling Zanu PF are not reined in soon, the main opposition MDC T led by former prime minister Morgan Tsvangirai has warned. Warming up to the idea of confronting Mugabe and Zanu PF head-on as suggested by liberation struggle stalwart Rugare Gumbo, the MDC T said yesterday that the…

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Zimbabwe Revenue Authority (ZIMRA) raises duty on all second hand cars

Zimbabwe Revenue Authority (ZIMRA)  raises duty on all second hand cars

  The Zimbabwe Revenue Authority (ZIMRA) unilaterally increased import duty on all second-hand motor vehicles with effect from last Wednesday.The move has resulted in duty for a wide range of motor vehicles increasing by between $200 and $400, while those importing top-of-the-range second-hand models are forking out more. Where importers used to spend at least $6 000, they now need $400 more. A ZIMRA official at Beitbridge Border Post said the changes sought to ensure…

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‘US shooter had Rhodesian and Apartheid SA flags on his jacket’-now in custody.

‘US shooter had Rhodesian and Apartheid SA flags on his jacket’-now in custody.

The shooter in US has been identified by the FBI  as 21 year old  Dylann Roof of Columbia area, the capital of South Carolina. Interestingly Dylann’s  Facebook profile photo shows him wearing a jacket that has   the Rhodesian or former Zimbabwe flag,  and apartheid South Africa flags. He reportedly shouted that he wanted to shoot black people before opening fire. It is also reported that he received  a gun, a 45 calibre pistol for his 21st…

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