Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...
By Staff reporter | Published: 22 August 2025
Manufacturing firm Shuntai Investments has appealed against a US$10 000 fine imposed by the High Court for contempt of court in its ongoing legal battle with Bryden Country School over the constructi...
By Staff reporter | Published: 20 August 2025
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....
By Staff reporter | Published: 16 August 2025
Chinese cement manufacturer Shuntai Investments (Private) Limited has been fined US$10,000 for contempt of court after failing to comply with a provisional order halting the construction of its cemen...
By Staff reporter | Published: 16 August 2025
Rising on the outskirts of the small mining town of Kwekwe, the under-construction Chahwanda Stadium is poised to become Zimbabwe's most ambitious football facility yet - an architectural first that c...
By Staff reporter | Published: 10 August 2025
A local business, Natbase Investments (Private) Limited, has been fined US$300 after it was caught selling counterfeit maize meal falsely labelled under a prominent Zimbabwean brand.The company, repre...
By Staff reporter | Published: 07 August 2025
Cement manufacturer PPC Zimbabwe has been fined US$3,000 by the Environmental Management Agency (EMA) for excessive dust emissions from its kiln stack and fallout dust, highlighting growing regulatory...
By Staff reporter | Published: 29 July 2025
Dynamos Football Club has been fined US$5,000 by the Premier Soccer League (PSL) following the controversial abandonment of their league encounter against FC Platinum at Mandava Stadium on June 22, 20...
By Staff reporter | Published: 23 July 2025
Ibhalabhala Private Limited, trading as Flo Petroleum, has been fined US$350 by Harare magistrate Mr. Gamuchirai Gore after being found guilty of selling contaminated fuel.Magistrate Gore ordered the ...
By Staff reporter | Published: 18 July 2025
A Harare-based company, Investible Investments (Private) Limited, has been fined US$300 by the Harare Magistrates Court after it was found guilty of failing to submit income tax and Pay As You Earn (P...
By Staff reporter | Published: 03 July 2025
A Harare woman has been fined US$120 after being convicted of cyberbullying her neighbour, whom she accused of being a prostitute and a husband-snatcher in a text message.Media Mashiri was found guilt...
By Staff reporter | Published: 03 July 2025
The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...
By Staff reporter | Published: 23 June 2025
The Government of Zimbabwe has approved a landmark Memorandum of Understanding (MoU) with Zambia to pave the way for the development of a new pipeline aimed at transporting refined petroleum between t...
By Staff reporter | Published: 11 June 2025
A 24-year-old man from Mutare, Brendon Leeroy Munyama, has been sentenced to six months' imprisonment for selling unregistered medicines, but was given the option to pay a fine of US$240 to avoid jail...
By Staff reporter | Published: 17 May 2025
The Bulawayo City Council (BCC) has collected more than US$2,000 in environmental offence fines for April alone, as it intensifies efforts to combat the surge in illegal gold panning, sand poaching, a...
By Staff reporter | Published: 10 May 2025
The High Court has ordered Curechem Overseas to refund US$552,281 to Fidelity Gold Refinery following a dispute over an agreement to supply small-scale miners with gold chemicals. The ruling comes aft...
By Staff reporter | Published: 24 April 2025
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...
By Staff reporter | Published: 02 June 2022
Local Industries claim they are yet to realise the benefits of the recently introduced interbank foreign currency market, as they continue to struggle accessing hard currency. The interbank market was...
By Staff reporter | Published: 04 October 2019
Kamativi Tailings Company says it will commence civil works at its plant site in Matabeleland North after the company concluded a $9,5 million offtake arrangement with a Swiss-based commodity trader, ...
By Staff reporter | Published: 30 January 2019
ONE of the country's leading cooking oil and soap manufacturers, United Refineries Limited (URL) will resume cooking oil exports to Namibia soon as it forges ahead to grow its foreign currency coffers...
By Staff reporter | Published: 30 December 2018
Errant and negligent motorists who flagrantly disregard road rules will have to contend with hefty traffic penalties when the new standard scale of fines, which prescribe a maximum penalty of $700 and...
By Staff reporter | Published: 30 December 2018
Zimbabwe should seriously consider establishing a local crude oil refinery as a way of cutting the ballooning fuel bill, according to the Zimbabwe Energy Regulatory Authority (Zera).Zimbabwe's fuel co...
By Staff reporter | Published: 23 December 2018
LAST November was possibly the busiest and most breathtaking moment for Father Fidelis Mukonori, a Roman Catholic cleric whose ties with former President Robert Mugabe are well documented.To see the m...
By Staff reporter | Published: 21 November 2018
THE Zimbabwe Revenue Authority (Zimra) is considering reviewing downwards interests and penalties on tax defaults amid revelations that a whopping $2 billion was charged in 2017, almost doubling the c...
By Staff reporter | Published: 26 July 2018
DEFACING of political campaign posters has increased over the past few weeks as political temperatures hot up ahead of next Monday's do-or-die general elections.Several Zanu PF and MDC Alliance activi...
By Staff reporter | Published: 23 July 2018
Top Zimbabwe business executive arrested for fraud 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Zimbabwe Agricultural Show 2025 kicks off 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
