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1-10 results from 849 for query «rand»

January 11, 2019 9:35 AM Man arrested for making false report

A Bulawayo man has been fined $100 for making a false police report that his vehicle had been stolen when in fact he was involved in an accident. Danisa Nkomo was convicted on his own plea by Bulawayo magistrate Mrs Adelaide Mbeure. Mr Mufaro Mageza for the State said last Saturday at around 7PM Mr Regis Mupakaviri was driving a Honda fit car along Rangemore 63

December 19, 2018 11:52 AM Businesswoman’s trial for ‘externalising’ $6m postponed

The trial of a Bulawayo businesswoman who has been on the police wanted list for allegedly externalising more than $6 million to Botswana, has been postponed to January 25 next year. Delny Deanna Ashley Davies (41) of Morningside suburb appeared before Bulawayo regional magistrate Mr Trynos Utawashe facing charges of contravening the Exchange Control 19

December 18, 2018 10:55 AM Nearly 1 000 arrested by Gauteng police in long weekend crackdown

Nearly 1000 people were arrested for various crimes during roadblocks and raids across Gauteng, police said on Monday. “The more than 900 suspects were arrested during police operations and roadblocks for various crimes ranging from driving under the influence of alcohol, possession of suspected stolen property – including suspected stolen motor vehicles 17

October 30, 2018 1:54 AM Malusi Gigaba: South Africa minister ‘blackmailed’ over sex video

South Africa’s security services have been accused of hacking a politician’s phone after a sex tape emerged. The 13-second video of Home Affairs Minister Malusi Gigaba masturbating on his own was widely circulated. His spokesman accused security services of stealing the video from his phone and he accused an opposition politician of leaking it. The spokesman 26

October 18, 2018 2:00 PM Afreximbank loans Zimbabwe $500 million as dollar crisis worsens

The African Export Import Bank (Afreximbank) says it is finalising a $500 million loan facility for Zimbabwe, to help secure the foreign-currency starved southern African country’s imports. Zimbabwe is experiencing a shortage of foreign currency, blamed mainly on a huge trade deficit caused by the collapse of its key agriculture and manufacturing sectors 21

October 16, 2018 3:50 PM SA opposition backs leader implicated in corruption

The leader of South Africa’s opposition Economic Freedom Fighters (EFF) has backed his deputy Floyd Shivambu, who has been implicated in a banking corruption scandal. Mr Malema told a packed news conference in Johannesburg that the EFF has “full confidence” in Mr Shivambu. “The deputy president [of the party] has taken the EFF in his confidence. We have no reason 26

September 17, 2018 3:27 PM Media reports the main reason Standard Bank kicked Guptas to the kerb

The bank’s retired head of legal also said they were following Absa’s lead, amid concern that the family was up to no good. Standard Bank’s retired head of legal Ian Sinton testified on Monday before the Commission of Inquiry into State Capture on Monday about why his bank decided to shut down business accounts linked to the controversial Gupta family 20

August 21, 2018 6:29 AM Nando’s to open four more branches

ZSE — listed Simbisa Brands Limited plans to open four new branches of its Nandos subsidiary within the next 12 months, as well as refurbish some of the existing restaurants. Speaking at the official opening of the newly refurbished Msasa Food Court — rebranded to Casa Msasa — Simbisa Brands managing director Warren Meares, said it took them nearly nine weeks 38

August 14, 2018 6:57 PM South Africa to eradicate pit latrine toilets in schools

South Africa is to get rid of all pit latrines in state schools within two years after a five-year-old pupil drowned in a toilet in March. “This is an initiative that will save lives and restore the dignity of tens of thousands of our nation’s children,” President Cyril Ramaphosa said. Pit latrines are holes in the ground covered with a platform – and many are shoddily 26

March 25, 2018 12:13 PM Zim could earn $200m/yr if it adopts Rand, claims Minister

Zim could earn $200m/yr if it adopts Rand, claims Minister VICTORIA FALLS: Finance deputy minister Terrence Mukupe has said Zimbabwe is losing a potential $200 million per annum which it can earn if it joins the Common Monetary Union and adopt the South African rand. Zimbabwe adopted a multi-currency system in 2009 but the US dollar resultantly overrode 143