MOBILE operator Telecel Zimbabwe has said it is now targeting to clear its licensing obligations of US$137,5 million to Government by 2020. In 2013 the mobile operator made an arrangement with the Pos...
By Staff reporter | Published: 11 June 2019
THE International Monetary Fund (IMF) yesterday said it was ready to help Zimbabwe craft a debt clearance strategy anchored on fundamental economic reforms. This comes after outgoing British Ambassado...
By Staff reporter | Published: 21 September 2018
NATIONAL Railways of Zimbabwe (NRZ) has petitioned the High Court seeking an order to compel the Grain Marketing Board (GMB) to pay $710 696 in rental arrears and another order to evict the parastatal...
By Staff reporter | Published: 06 September 2018
THE Zimbabwe National Water Authority (Zinwa) has taken former Police Commissioner-General Augustine Chihuri and ex-Deputy Prime Minister Arthur Mutambara to court over unpaid water bills totalling $6...
By Staff reporter | Published: 03 July 2018
FORMER Energy and Power Development minister Samuel Undenge (62), who is accused of defaulting paying R226 805 maintenance, pleaded not guilty to the charges when he appeared before a Harare magistrat...
By Staff reporter | Published: 22 June 2018
THE National Railways of Zimbabwe (NRZ) has approached the High Court challenging the sale of its property over $20 000 salary arrears owed to a former employee.NRZ through its lawyers Mbidzo, Muchade...
By Staff reporter | Published: 20 June 2018
THE National Railways of Zimbabwe Contributory Pension Fund has taken one of its Bulawayo tenants, Small and Medium Enterprises Association of Zimbabwe, to court over $13 000 rental arrears. NRZ Pensi...
By Staff reporter | Published: 18 June 2018
THE Parliamentary Portfolio Committee on Mines and Energy has recommended that Hwange Colliery and Kamativi Mine give their houses to former and current workers in lieu of salary and pension arrears.T...
By Staff reporter | Published: 15 June 2018
THE National Social Security Authority (NSSA) has taken one of its Bulawayo tenants, Fair and Square Investments (Pvt) Limited, to court over rental arrears amounting to $122 514.In summons filed at t...
By Staff reporter | Published: 06 June 2018
TWELVE employees at Simms Electrical Company in Bulawayo have taken their employer to court demanding payment of $122 194 owed in outstanding salaries after they recently obtained an arbitration award...
By Staff reporter | Published: 01 June 2018
SOME National Railways of Zimbabwe (NRZ) pensioners have claimed that they have been turned into destitutes after the parastatal failed to clear their salary arrears running into thousands of dollars....
By Staff reporter | Published: 01 June 2018
THE National Railways of Zimbabwe (NRZ) is now paying its workers 90 percent of their full salaries up from 50 percent in recent months driven by improved business operational efficiency.The parastata...
By Staff reporter | Published: 25 May 2018
FORMER President Robert Mugabe's family business, Alpha Omega Dairy (Pvt) Ltd, has been taken to court by a local property consultancy firm, Levgal Investments (Pvt) Ltd, over a $29 000 rental debt at...
By Staff reporter | Published: 22 May 2018
FORMER Health deputy minister Edwin Muguti has been taken to court by his former landlady, Joyce Mako-Mushaninga, over rental arrears amounting to more than $13 600 and failing to properly look after ...
By Staff reporter | Published: 16 May 2018
The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it can restore relations with lenders, said Akinwumi Adesin...
By Staff reporter | Published: 08 May 2018
MORE than 80 workers employed by Sterile Systems Hygiene Services which is contracted by Zimbabwe Power Company (ZPC) to provide general and hygiene services at Hwange Power Station in Hwange last wee...
By Staff reporter | Published: 16 April 2018
Zimbabwe has secured $1,2 billion needed to clear World Bank arrears with Finance and Economic Planning Minister Patrick Chinamasa saying the transaction will be completed once the Washington-headquar...
By Staff reporter | Published: 29 March 2018
The National Social Security Authority (NSSA) is struggling to recover debts for unpaid rentals for some of its properties and is contemplating writing them off, particularly smaller amounts, an offic...
By Staff reporter | Published: 27 February 2018
ZESA Holdings has not put a provision in its books of over $120 million in salary arrears from a 2012 collective bargaining agreement, a clear indication of the power utility's decision not to shoulde...
By Staff reporter | Published: 06 February 2018
LISTED financial services group CBZ Holdings has bemoaned growing rental arrears, restrained rental yields and low occupancy levels obtaining in the commercial property sector for weighing down on ove...
By Staff reporter | Published: 15 August 2017
FIVE former National Railways of Zimbabwe (NRZ) workers have sued their ex-employer over a total of over $93 500 owed to them in salaries and benefits.The five - Oliver Nkomo, Gilbert Chiwaura, Elliah...
By Staff reporter | Published: 15 July 2017
Zimbabwe has cleared its US$2.2 million arrears with the Pan-African financial institution, Shelter Afrique, and pledged to work together with other member countries in developing sustainable housing ...
By Staff reporter | Published: 05 July 2017
The cash-strapped Zimbabwe government is battling to pay salaries on time to diplomatic staff deployed to its 43 embassies across the world, a senior official said Tuesday.Willard Manungo, secretary f...
By AFP | Published: 23 June 2015
The International Monetary Fund (IMF) says Zimbabwe must first clear its more than $150 million debt to the Bretton Woods institution before the country can access any new loans.Domenico Fanizza, the ...
By Staff reporter | Published: 07 June 2015
The World Banks says Zimbabwe's arrears with international financial institutions are stifling accelerated economic growth by limiting access to new finance. WB senior country economist Nadia Piffaret...
By Staff reporter | Published: 09 May 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
