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1-10 results from 432 for query «pension»

October 7, 2018 9:50 AM Vumbachikwe Mine defrauds pensioners

Forbes and Thompson Private Limited trading as Vumbachikwe Mine, which is one of the biggest mines in Matabeleland South Province has been dragged to court over non-payment of pension funds of its workers amounting to $2,4 million. Employees and former employers of the mine made a report to the police after learning that the company had been deducting 21

September 15, 2018 8:37 PM Who is Professor Mthuli Ncube?

Professor Mthuli Ncube is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial institutions. He is a citizen of Zimbabwe. Professor Ncube divided his time between the private sector in Switzerland and academia in the United Kingdom 10

July 29, 2018 4:20 AM Has ED delivered 60 000 jobs?

JOB creation is a key issue in Zimbabwe’s 2018 election. Official media has sought to create the impression that President Emmerson Mnangagwa’s administration is making gains in creating employment. We test one of the latest claims. Claim: The Sunday Mail of June 16, 2018 led with the headline: ‘ED delivers 60 000 jobs.’ The newspaper attributes this to economic 34

June 29, 2018 3:02 AM Man (41) ‘robs’ dead best friend

A man from Bulawayo allegedly stole his late best friend’s sim card which was linked to his bank account and withdrew more than $2 000. Sevina Ncube (41) allegedly stole John Phiri’s sim card from his son Nkosiyapha Phiri (26) at the funeral wake where he was the master of ceremony. He allegedly withdrew $2 678 from his late friend’s bank account and bought 29

June 14, 2018 4:18 PM Ex-Delta workers picket firm’s HQ

Former Delta Corporation Limited (Delta) workers have picketed the company’s headquarters demanding pension payouts. Delta said it has no responsibility to pay pension payouts to its rioting former employees since its pension scheme had a different administrator. The company also said the workers were wrong in demanding to be given dividend arising from a share 43

May 22, 2018 3:53 PM Ipec boss Karonga resigns

Insurance and Pension Commission (Ipec) commissioner Tendai Karonga has resigned after falling out with the regulator’s board. This comes, just over a year after he took over from Marnet Mpofu who left the commission following the expiry of her contract in January 2017. Karonga tendered in his resignation on May 16 following an altercation with the board 55

May 1, 2018 5:11 PM Wife demands 40 % hubby’s retirement package

A former Delta Beverages employee has been dragged to court by his wife who is demanding 40 percent of his retirement package and pension as spousal maintenance. Bulawayo magistrate Ms Sthembiso Ncube heard that Siso Sibanda was in arrears for the maintenance of his wife, Mrs Tedy Gareth Sibanda. The amount Sibanda owed could not be established as the two seemed 52

April 1, 2018 2:17 AM Conversion of pensions to US$: commission cites conflict of interest

A commission of inquiry into the conversion of insurance and pension values to the United States dollar from the Zimbabwean dollar says there was regulatory capture through failure to have operational independence among government, insurance regulator and players. In its report released two weeks ago, the commission said the regulatory structure in Zimbabwe 18

January 15, 2018 5:44 AM Zimasco weaned off judicial management

Kwekwe-based chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco) will at month end be weaned off judicial management after almost two years under Grant Thornton International. Zimasco creditors agreed on a “scheme of arrangement” last month after the giant ferrochrome producer made a turnover of more than $158 million in 16 months 101

October 29, 2017 5:28 AM Son calls mother a prostitute

A Harare man was ordered to maintain peace with his mother after she accused him of routinely insulting her. Kumbulani Ndlovu (24) was ordered by magistrate Lazini Ncube to observe peace towards his mother, Tendai, whom he accused of prostitution. Kumbulani claimed he hears mysterious sounds at their home at night, leading him to suspect his mother of prostitution 16