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1-10 results from 1000 for query «bank»

December 7, 2018 5:58 AM Suspended RBZ director in the dock

Suspended Reserve Bank of Zimbabwe (RBZ) director for the Financial Intelligence Unit, Mirirai Chiremba, yesterday appeared in court for criminal abuse of duty for allegedly raising the withdrawal limit of a company without following procedure. Harare magistrate Ms Rumbidzai Mugwagwa remanded Chiremba out of custody to January 10, 2019 on $6 000 bail. His other 9

December 6, 2018 3:33 AM Econet unit launches instant loan platform

Cassava Smartech banking unit, Steward Bank and Ecocash yesterday launched a platform where Econet mobile network subscribers will be able to open bank accounts through cell phones in a minute. Codenamed *236#Bank the initiative aims to exploit mobile phone penetration which now stands at 11 million to grow financial inclusion using the mobile platform 7

December 4, 2018 6:04 AM Car sales decline: Bulawayo dealers

Car dealers in Bulawayo have lamented the decline in sales since Government announced that people importing vehicles will now pay duty in foreign currency. In his 2019 National Budget statement in Parliament, the Minister of Finance and Economic Development, Professor Mthuli Ncube said importers of motor vehicles will now pay customs duty in foreign 6

December 3, 2018 5:38 PM Zinwa offers 50pc discount

The Zimbabwe National Water Authority (Zinwa) is offering discounts of up to 50 percent to ratepayers who settle their water bills before December 31. In a notice issued in the press yesterday, the water authority said the discount offer is open to all its clients, including irrigating farmers, mines, local authorities, schools, government departments 4

November 29, 2018 5:59 AM #Vlakfontein: Khupe forced me to rape and kill the Khozas, says Mabaso

The Protea Magistrate’s Court on Wednesday heard that the 27-year-old man accused of raping and killing members of the Khoza family in Vlakfontein was forced to commit the crimes by his 61-year-old co-accused. Ernest Mabaso told the court that he was forced by Fita Khupe to rape the children before he killed them. Mabaso and Khupe were applying for bail on seven 11

November 18, 2018 4:41 PM One year after coup – dreams, aspirations of masses crushed in Zimbabwe

The coup d’état that ousted long-ruling despot Robert Mugabe last November, was a watershed moment in both the history of Zimbabwe and southern Africa. The post-coup leader Emmerson Mnangagwa was held out by many as the best hope to spearhead an economic recovery predicated on re-engagement with international creditors and a package of reform that would 17

November 15, 2018 7:59 AM Tsholotsho RDC boss nabbed for $881000 ‘fraud’

Tsholotsho Rural District Council Chief Executive Officer Themba Moyo has been arrested on charges of criminal abuse of office and fraud. His arrest follows an audit instituted by Government that revealed that the RDC had failed to account for more than $881 000 in council funds. Matabeleland North police spokesperson Chief Inspector Siphiwe Makonese 15

November 13, 2018 4:08 PM Parched Masvingo goes for a week without water

Masvingo has gone for a week without water because the municipality is failing to raise $4 000 for fixing a water pump. Masvingo Residents Trust (MRT) coordinator Ephraim Mutombeni has written to minister of State for Masvingo Province Ezra Chadzamira to facilitate the emergency allocation of the required forex from the Reserve Bank of Zimbabwe. MRT warned 12

November 12, 2018 11:23 AM Magistrate reduces ‘too much’ maintenance

A police officer from Bulawayo heaved a sigh of relief after a maintenance court magistrate told his estranged wife that the nearly $600 she was claiming for child upkeep and spousal maintenance was too much. Mrs Rasanai Chatukuta was demanding $200 for spousal maintenance and $390 for the upkeep of one minor child from Mr AIbert Chatukuta. She said when they separated 10

November 8, 2018 1:11 PM Zacc has nothing on Mangudya, Tagwirei

Despite the sensational accusations by flip-flopping activist Gerald Mutumanje also known as Acie Lumumba that seemed to suggest some wrongdoing on the part of businessman Kudakwashe Tagwirei and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya, the Zimbabwe Anti-Corruption Commission this week said it has nothing against the two. “We have nothing 13