BUSINESS NEWS

Lawsuits for failed banks executives

THE Deposit Protection Corporation (DPC) has sued directors of four failed banks for lack of corporate governance and abuse of depositors' funds.Last year, the deposit protection entity said that it h...

By Staff reporter | Published: 25 June 2018

BUSINESS NEWS

80 executives accompany Mnangagwa to China

President Mnangagwa is leading a delegation of 10 Cabinet Ministers and about 80 private sector business executives to China as his administration seeks to unlock opportunities and bolster efforts to ...

By Staff reporter | Published: 02 April 2018

BUSINESS NEWS

Mashold goes after sacked executives' pensions

LISTED property investment and development firm, Mashonaland Holdings (Mashold), is in negotiations with the Insurance and Pensions Commission (IPEC) to recover misappropriated funds from the pension ...

By Staff reporter | Published: 01 March 2018

INDUSTRIALS & ENERGY

Mashold fires top executives

THE Zimbabwe Stock Exchange listed property investment and development concern, Mashonaland Holdings (Mashold) Limited, has fired two top executives who were on suspension for financial irregularities...

By Staff reporter | Published: 14 December 2017

BUSINESS NEWS

Business as usual for Zim's silent mining execs

Mining executives in Zimbabwe rarely speak out these days. They have been criticised for not effectively voicing investor concerns about the country's regulatory and operating framework.But who can bl...

By Staff reporter | Published: 15 September 2017

BUSINESS NEWS

Cut freebies for executives, says IDBZ

The Government and the private sector should stop giving freebies to top executives and harness resources for infrastructure projects that will support economic growth, veteran economist, Mr Thomas Zo...

By Staff reporter | Published: 08 August 2017

FINANCIAL SERVICES

DPC sues failed banks' executives

THE Deposit Protection Corporation (DPC) has started taking legal action against shareholders and directors of banks whose institutions failed due to poor corporate governance.DPC chief executive offi...

By Staff reporter | Published: 02 August 2017

TELECOMS & TECHNOLOGY

Telecel crisis: Global executives jet in

Telecel International (TI) executives are in Zimbabwe to discuss the fate of its local unit following government threats to shut down the mobile operator.This also comes as two of Empowerment Corporat...

By Staff reporter | Published: 07 June 2015

FINANCIAL SERVICES

BancABC reshuffles executives

PAN-African banking group,BancABC, has gone on a restructuring exercise that will see Hashmon Matemera returning to group level after a four-year stint as managing director for the Zimbabwean unit.Mat...

By Staff reporter | Published: 09 July 2014

MINING & RETAIL

Mwana Africa executives take 50% pay cut

MWANA Africa Plc executives have agreed to a 50 percent pay cut as the pan-African multi-commodity mining company bids for $5 million in annual savings.The Alternative Investment Market listed mining ...

By Staff reporter | Published: 30 August 2013
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