November 7, 2024
An audit into ZIMRA's books by the Comptroller and Auditor General has ratcheted up pressure on the revenue collecting agency to recover the US$10 million paid into Dande Capital Holdings' CBZ Bank account in 2006 as part of a three-way transaction involving China National Aero-Technology Import and Export…
Gono made the proposal during a meeting with MPs at a local hotel last Thursday.A local weekly said the governor was “playing Father Christmas” and quoted Education Minister David Coltart as saying: “I believe it will compromise the independence of legislators.”The weekly added: “Ironically, Parliament is supposed to…
“In the city centre, there are no bins. You can walk the whole stretch of a street and you will not find a bin,” Percy Toriro, an urban planning consultant, said on Tuesday. “Even for the most environmentally conscious people that would not want to throw litter anywhere,…
As a result, the matter has been referred to the three principals of the unity pact signed in September last year.Notable members of the committee are Prime Minister Morgan Tsvangirai, the two Deputy Prime Ministers Thokozani Khupe and Arthur Mutambara, Co-Vice Presidents Joseph Msika and Joice Mujuru, Senate…
This set off a potentially devastating stand-off as EWH directors, cognisant of the market-wide impact the allegations would have on the chartered accountants, issued a statement denying the allegations of a rigged ballot, suggesting, instead, that it was the dissenting shareholders who had in fact tried to rig…
Results from the latest Zimbabwe All Media Products Survey (ZAMPS) released last month showed that The Financial Gazette has maintained its pole position among the business weeklies with its readership gaining from six percent in the last survey in 2007 to eight percent in the last quarter of…
The forfeitures will not be revoked, according to a notice sent to stakeholders last month. The move is part of a raft of measures meant to curb the holding of multiple claims by unproductive speculators, some of whom were profiting from the transfer of such claims to genuine…
This comes hard on the heels of an audit by the Reserve Bank of Zimbabwe into the use of agricultural inputs and equipment distributed to farmers under the Farm Mechanisation Programme.On Tuesday, the chairman of the Champion Farmer Logistics sub-committee, Brigadier-General Douglas Nyikayaramba, said he was aware of…
Amos Pasinawako, the finance director, was shown the door last Wednesday by the Parks and Wildlife Management Authority board led by George Pangeti after he was found guilty of misconduct.Pasinawako, who was not immediately available for comment yesterday, was suspended a few months ago along with procurement officer…
The Financial Gazette can reveal that the suspensions have created a rift between Commissioner General, Gershem Pasi, and the Gibson Mandishona-led ZIMRA board.Mandishona’s board has been fighting to reinstate Elisha Mudzi, the Commissioner of Taxes and Yotamu Jacob, the Commissioner of Customs and Excise suspended last year.On March…