August 17, 2022 Anyway

Israeli businessman Gilad Shabtai’s did to Influence NPA flops as Sivan Is removed from remand

  By Shelton Muchena A Harare Magistrate has granted bail to a foreign investor who misrepresented himself a new investor to the President. Stanford Mambanje granted the application for removal from further remand of Harare businessman O Sivan and his personal assistant C Myburg who had numerous allegations lodged against them. In his ruling, Mambanje […]
3min
August 17, 2022 Anyway

Businessman removed from further remand

HARARE  Magistrate Stanford Mambanje has granted the application for removal from further remand of Harare businessman Ofer Sivan and his personal assistant Cassandra Myburg who had numerous allegations lodged against them. In his ruling, Mambanje said the state failed to justify its application for further remand. “The state has not justified further remand, therefore further […]
3min
August 15, 2022 Anyway

Zambia’s Dingindaba Jonah Buyoya wins BBC News Komla Dumor award

    Dingindaba Jonah Buyoya is the seventh winner of the award. Zambian TV and radio presenter Dingindaba Jonah Buyoya has won the 2022 BBC News Komla Dumor Award.   At 25, Buyoya is the youngest recipient of the award, launched in 2015, and the first of the seven winners so far from southern Africa. […]
3min
August 14, 2022 Anyway

DAZ President Graces Pakistan Independence Day

Deplomatic Reporter HARARE – The Drinkers Association of Zimbabwe (DAZ)  President Ivan Zhakata has graced the Pakistan 75th independence day courtesy of the invitation by the Pakistani ambassador Murad Baseer.   The event took place at the Embassy of Pakistan in Harare amidst pomp and funfair.   Zhakata said he was happy to be part […]
1min
August 12, 2022 Anyway

Israeli businessman Shabtai lied to Mnangagwa

    By Staff Reporter  HARARE – Israeli businessman Gilad Shabtai is accused of misrepresenting to President Emmerson Mnangagwa that he was a new foreign investor yet he has been resident and operating businesses in the country for over a decade.   These revelations were made in a scathing letter directed to Zimbabwe Anti Corruption […]
5min
August 11, 2022 Anyway

Gold smuggler Henrietta Rushwaya acquitted on US$5,000 airport bribery charge  

    By Court Reporter   HARARE – Zimbabwe Miners Federation (ZMF) boss Henrietta Rushwaya has been cleared of wrongdoing in a case where she was accused of offering a US$5,000 bribe to an airport official in a bid to smuggle gold worth US$330,000.   Harare magistrate Learnmore Mapiye ruled that the State’s case was […]
4min
August 11, 2022 Anyway

Caledonia Mining records profits rise 24% in gold production

  “This has been a terrific quarter and, indeed, half year”. Business Reporter Mining giant Caledonia Mining Corporation has posted a 24% rise in profit for the second quarter on record gold production from its Blanket mine in Gwanda saying the year had been “outstanding” so far. Underlying earnings (EBITDA) rose to US$17.8mln from US14.0mln […]
3min

Business


August 11, 2022 Anyway

Caledonia Mining records profits rise 24% in gold production

  “This has been a terrific quarter and, indeed, half year”. Business Reporter Mining giant Caledonia Mining Corporation has posted a 24% rise in profit for the second quarter on record gold production from its Blanket mine in Gwanda saying the year had been “outstanding” so far. Underlying earnings (EBITDA) rose to US$17.8mln from US14.0mln […]
3min 18502

August 3, 2022 Anyway

AFDB appoints Marie-Laure Akin-Olugbade as Acting VP for Regional Development, Integration and Service Delivery

  Business Reporter   The African Development Bank has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President of its Regional Development, Integration and Business Delivery Complex, with effect from 1st August 2022.   Akin-Olugbade, a Cameroonian national, is currently the Director General of the Business Development and Delivery Office for the West Africa Region […]
3min 11809

July 31, 2022 Anyway

Caledonia to spend US$250 million on new Project

Business Reporter HARARE – Caledonia Mining Corporation will spend US$250m on a project at its new acquisition Bilboes Mine, located nearly 75km north of Bulawayo. Initially, it will spend about US$5m this year towards an oxidation project, meant to generate short-term cash flow for the mine. Bilboes currently has a functional oxide mining and metallurgical […]
10min 19300

July 25, 2022 Anyway

RESERVE BANK OF ZIMBABWE REVEALS “GOLD COIN” IN RENWEWED ATTEMPTS TO CURB INFLATION.

  By Staff Reporter  HARARE – The Reserve Bank of Zimbabwe on Friday revealed images of gold coins that the country aims to use in combating inflation.   The banking regulator in Zimbabwe indicated that the inflationary pressure in the country has weakened the local currency. As an attempt to remedy the worsening situation the […]
3min 17969

July 20, 2022 Anyway

STANBIC BANK ASSISTS MORE THAN 600 INDIVIDUALS AND COMPANIES WITH RESIDENTIAL AND COMMERCIAL PROPERTY NEEDS

Own Correspondent HARARE – Leading financial services institution, Stanbic Bank Zimbabwe has assisted over 600 individuals and corporates acquire residential and commercial properties over the last year as part of its efforts to contribute to the growth of its clients. Stanbic Bank Head Home Loans, Bryan Mombechena said the institution was determined to do more […]
5min 17948

July 13, 2022 Anyway

Caledonia Mining reports record gold production in second quarter

  By Anyway Yotamu  Caledonia Mining Corporation PLC reported record gold production from it’s Blanket Mine in Zimbabwe in the second quarter and said it was on track to meet its full-year output guidance.   It produced 20,091 ounces of gold, up 20% from the year-earlier quarter, lifting first-half output to 38,606 ounces, a 29% […]
1min 14949

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