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Monday, 25 March 2013 11:13
HARARE - Cracks have emerged in the Zimbabwe Anti-Corruption Commission (Zacc), with the body’s investigators coming under severe pressure to drop corruption investigations into three ministries accused of underhand dealings. Zacc chairperson, Denford Chirinda, claimed on Sunday that Zacc had made...Read More
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Thursday, 21 March 2013 10:12
HARARE - Zimbabwe's Anti-Corruption Commission (Zacc) has vowed to fight on despite what the organisation yesterday described as politically-motivated crackdown on the constitutional body. Zacc spokesperson Goodwill Shana told a press conference yesterday that the commission was undeterred by the escalating...Read More
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Friday, 15 March 2013 10:41
HARARE - The Zimbabwe Anti-Corruption Commission (Zacc)’s bid to search two key government ministries over possible graft has flopped after the crime busters consented to a High Court interdict barring the raids. With Youth Development, Indigenisation and Empowerment minister Savior Kasukuwere...Read More
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Tuesday, 12 February 2013 12:06
HARARE - Zimbabwe's High Court will tomorrow rule on an application seeking the indictment of Mines and Mining Development minister Obert Mpofu on contempt charges and forcing him to register a tribute agreement of a man claiming 50 percent ownership of...Read More
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Business »
Tuesday, 05 February 2013 11:25
HARARE - ZABG Bank Limited (ZABG) has approached the National Indigenisation and Economic Empowerment Board (Nieeb) for possible funding to help it meet the Reserve Bank of Zimbabwe (RBZ)’s first phase minimum capital requirements. The bank — a brainchild of Central...Read More
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Thursday, 31 January 2013 10:06
HARARE - Zimbabwe's Supreme Court has backed Mines minister Obert Mpofu’s move to cancel Bearable Prospects (Bearable)’s claim to the Mwanesi iron ore reserves, which were given to Essar Africa Holdings Limited (Essar). By dismissing Rodrick Mumbire’s appeal this week, Deputy...Read More
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News » Fungai Kwaramba, Staff Writer
Monday, 28 January 2013 11:30
HARARE - The ongoing probe into alleged diamond money looting in Manicaland has rattled Zanu PF with the party now barring members from seeking donations ahead of President Robert Mugabe’s birthday. Manicaland provincial chairperson Mike Madiro along with four other Zanu...Read More
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Monday, 26 November 2012 09:51
HARARE - An NGO aligned to President Robert Mugabe’s Zanu PF has written to immigration authorities seeking the blacklisting of officials from Partnership Africa Canada (Pac) which recently claimed $2 billion has been looted from Marange diamonds. Resource Exploitation Watch (REW)...Read More
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News » Fungai Kwaramba, Staff Writer
Saturday, 24 November 2012 11:42
HARARE - Deputy minister of Mines and Mining Development Gift Chimanikire is under fire from his party for publicly defending his boss, Obert Mpofu on the source of his wealth. Chimanikire told a diamond conference review breakfast meeting in Harare on...Read More
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Thursday, 22 November 2012 11:36
HARARE - Mines minister Obert Mpofu has vowed to continue selling Zimbabwe’s controversial diamonds whether or not the restrictive measures imposed on the gems are lifted. Zimbabwean diamond mining companies were slapped with trade restriction measures by the United States of...Read More
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Thursday, 22 November 2012 09:55
HARARE - Mines deputy minister Gift Chimanikire has exonerated his boss Obert Mpofu on accusations of amassing incredible wealth allegedly through misappropriating proceeds from Marange diamonds. Chimanikire, a member of Prime Minister Morgan Tsvangirai’s MDC, said after working with Mpofu at...Read More
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Tuesday, 20 November 2012 12:03
HARARE - Zimbabwe cut and polished a mere 0,1 percent out of a targeted 10 percent of the total diamonds produced last year, President Robert Mugabe said. The country produced 8,5 million carats in 2011, according to statistics from the Kimberly...Read More
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News » Chris Goko, Executive Assistant Editor
Wednesday, 14 November 2012 10:34
VICTORIA FALLS - Zimbabwean gem miners Mbada Diamonds (Mbada) and Anjin have railed at the West, saying its restrictive measures against President Robert Mugabe’s inner cabal were hurting capital inflows into the country. In separate addresses to a tripartite diamond conference...Read More
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Sunday, 11 November 2012 13:42
BULAWAYO - As the country edges towards an election likely to be held next year, political parties have descended on Matabeleland North province, turning the region into a battlefield characterised by hyper-political activities. The province, which is the other half...Read More
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Business »
Friday, 02 November 2012 17:28
HARARE - Zimbabwe hosts the inaugural Diamond Conference this month in Victoria Falls where 300 delegates are expected to attend giving the country an opportunity to consolidate relations with the international diamond community. Kimberly Process monitor for Zimbabwe Abbey Chikane acknowledged...Read More
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