BUSINESS NEWS

Zimra lifestyle audit: 36 suspended

THE Zimbabwe Revenue Authority (Zimra) suspended at least 36 officers implicated in lifestyle audits, while processes are underway at the High Court to forfeit the ill-gotten wealth.Zimra Commissioner...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

49 estate agents suspended

EACZ has suspended 4 estate agents and ordered three to stop trading for not complying with various legislative requirements which are meant to protect the public.Of the 49 suspended, 28 did not have ...

By Staff rpeorter | Published: 17 July 2018

TELECOMS & TECHNOLOGY

FlyAfrica suspended

Budget airline FlyAfrica Zimbabwe (FlyAfrica) has grounded its fleet to facilitate recertification after the Civil Aviation Authority of Zimbabwe (Caaz) suspended its operator's certificate.Last week,...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

Egodini Mall construction suspended

CONSTRUCTION of the long-awaited Egodini mall has stalled amid claims the contractor has suspended development until after elections and that they are facing funding challenges.Bulawayo mayor Martin M...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Police summon suspended Makore over 'missing laptop'

SUSPENDED Hwange Colliery Company boss, Thomas Makore, together with his information technology manager, Fidelis Chamunorwa, were yesterday summoned by the police for questioning in connection with a ...

By Staff reporter | Published: 19 May 2018

BUSINESS NEWS

Suspended colliery boss to face disciplinary hearing

SUSPENDED Hwange Colliery Company Limited (HCCL) managing director, Engineer Thomas Makore, will face a disciplinary hearing over allegations of unethical conduct and insubordination, the board has sa...

By Staff reporter | Published: 19 May 2018

MINING & RETAIL

Hwange Colliery boss suspended

HWANGE Colliery Company has suspended its managing director Thomas Makore to facilitate an investigation into allegations of insubordination, sources have revealed. But the company said the suspension...

By Staff reporter | Published: 16 May 2018

BUSINESS NEWS

IPEC Commissioner suspended?

THE Insurance and Pension Commission (IPEC) commissioner Tendai Karonga has reportedly been suspended for alleged insubordination by the regulator's board.According to information at hand, Karonga cla...

By Staff reporter | Published: 10 May 2018

ZIMBABWE

Suspended CFI remains defiant

CFI Holdings Limited says its board is compliant with the provisions of its articles of association and the Zimbabwe Stock Exchange (ZSE) must provide evidence showing that it has violated listing req...

By Staff reporter | Published: 10 May 2018

BUSINESS NEWS

Top Zim exec suspended by KPMG South Africa

KPMG has suspended the head of its largest business unit, who was the lead audit partner on VBS Mutual Bank.Sipho Malaba, who is related to Chief Justice Luke Malaba, was tasked with running KPMG's la...

By Staff reporter | Published: 12 April 2018

POLITICS

Nyagura suspended over Grace Mugabe PhD

THE University of Zimbabwe (UZ) Council has suspended vice-chancellor Levi Nyagura, to facilitate investigations into the controversial awarding of a PhD degree to former First Lady Grace Mugabe.Nyagu...

By Staff reporter | Published: 28 February 2018

BUSINESS NEWS

Emergency passports suspended over forex

THE Registrar General's (RG) department has suspended issuing emergency passports, as ongoing foreign currency shortages continue to affect key public and commercial operations.Zimbabwe is grappling w...

By Staff reporter | Published: 14 September 2017

MINING & RETAIL

ASA Resources shares suspended from LSE

Asa Resources Group PLC shares were last Friday suspended from the London Stock Exchange after the company was forced to delay implementing measures to address its dire cash-flow position because it e...

By Staff reporter | Published: 31 July 2017

AFRICA BUSINESS

SA's new mining charter suspended

The South African Chamber of Mines advises that the Minister of Mineral Resources, Mosebenzi Zwane, has given a written undertaking that the Minister and the Department of Mineral Resources (DMR), wil...

By Staff reporter | Published: 14 July 2017

FINANCIAL SERVICES

National Building Society boss suspended

NATIONAL Building Society (NBS) managing director, Ken Chitando, has been sent on three months forced leave to pave way for an audit into the bank's financial accounts, after indications that the one...

By Staff reporter | Published: 06 July 2017

FINANCIAL SERVICES

Tetrad employees suspended

Panic has gripped over 108 Tetrad Investment Bank (Tetrad) employees after the financial institution's judicial manager, Winsley Militala of Petwin Executor and Trust Co, suspended their contracts on ...

By Staff reporter | Published: 07 June 2015

ZSE TODAY

Meikles suspended from ZSE

The Zimbabwe Stock Exchange has suspended Meikles Limited from trading with effect from today.The bourse announced without immediately giving reasons for the suspension.However, sources have said the ...

By Staff reporter | Published: 16 February 2015

LANDS & AGRICULTURE

Poultry levy suspended

The Agricultural Marketing Authority has suspended the imposition of a poultry levy after stakeholders agreed that the move would cripple farmers who are already suffering from economic hardships. The...

By Staff reporter | Published: 07 May 2014

BUSINESS NEWS

3 estate agents suspended

3 renowned Harare-based estate agents have been suspended by the Estate Agents' Council to pave way for investigations into their operations. In a statement last week, the council said the suspe...

By Staff reporter | Published: 26 February 2014

POLITICS

Harare town clerk suspended over pay

Harare town clerk Tendai Mahachi was yesterday suspended for three months for failing to provide the salary schedule of all senior council employees.On 17 December 2013, council ordered Mahachi to pro...

By Staff reporter | Published: 31 January 2014

INDUSTRIALS & ENERGY

Import duty on ZESA equipment suspended

Power utility, ZESA Holdings has received a shot in the arm after government gave it a one year import duty suspension on equipment.According to Statutory Instrument 157 of 2013, ZESA Holdings was aw...

By Staff reporter | Published: 26 November 2013

INDUSTRIALS & ENERGY

Chemco release a dismal set of results

Chemco released a dismal set of results showing a decline in group revenue by 27% to $2.3m mainly due to the disposal of TS Timber operations. Loss before tax declined by 77%, the decline was attribu...

By Staff reporter | Published: 29 October 2013

INDUSTRIALS & ENERGY

Phoenix shares suspended from trading on the ZSE

Phoenix shares were suspended from trading on the ZSE this morning after the group was placed under judicial management with effect from October 2. Phoenix's suspension brings to 5 the number of ...

By Staff reporter | Published: 03 October 2013

ZIMBABWE

Trust Holdings shares suspended from the ZSE

The Zimbabwe Stock Exchange (ZSE) has announced that it has received and accepted the application for the voluntary suspension of trading in Trust Holdings shares, acting CEO Martin Matanda said this...

By Business reporter | Published: 10 June 2013
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