Business Corruption News 

Zimbabwean tycoon’s children lose 13 firms

A Harare tycoon’s children might have lost control of at least 13 companies after a relative allegedly forged their signatures on registration documents following his death in 2017 amid suspicion of corrupt activities at the Registrar of Companies. Victor Cohen, who was the founder of textile giant Waverley Blankets, had made two of his daughters Amanda Berkowitz and Belynda Halfon,… Read More
Corruption News Politics 

Zanu PF illicit forex deals exposed

Zanu PF bought its fleet of luxury vehicles and colourful regalia used during last year’s election campaign through a company that was recently blacklisted by the Reserve Bank of Zimbabwe (RBZ) for allegedly fuelling the illegal trade in foreign currency, it has been revealed. By Blessing Mhlanga According to a leaked document authored by Spartan Security protesting the freezing of… Read More
Corruption News 

Zuma’s son denies fault at graft inquiry: “Everything was cool”

JOHANNESBURG (Reuters) – Ex-South African president Jacob Zuma’s son Duduzane denied wrongdoing at a graft inquiry on Monday, rejecting testimony by an official who said he was offered a bribe and a ministerial post at a meeting where Duduzane was present. Duduzane Zuma is a key witness at the so-called “state capture” inquiry set up last year to test allegations… Read More
Corruption Courts & Crimes Discussion News Politics Weird & Bizarre 

New documents suggest ex-tourism minister Mupfumira wrongly charged

Priscah Mupfumira charged with crime of getting vehicle loan for which she had Cabinet authority Corruption charges … New documents suggest Priscah Mupfumira was wrongly charged HARARE – The Zimbabwe Anti-Corruption Commission (ZACC) charged former tourism minister Priscah Mupfumira with an offence without having investigated the matter, new documents suggest. Mupfumira, who is out on bail after spending two months… Read More
Business Corruption Discussion News Politics 

Cash crisis shakes Mnangagwa’s govt

CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa’s government has turned to militant policies, controlling some mobile money services in a bid to arrest the speculation that has been brewed by the shortages. This past week, Zimbabwe’s central bank banned all cash- back, limited cash-out and cash-in facilities as… Read More
Corruption News Weird & Bizarre 

Pictures: ‘Poor People Don’t Want To Get Rich’ – Wicknell Denies Bribing His Way Through Businesses

Wicknell denies bribing his way through businesses Flamboyant businessman, Wickell Chivayo has claimed poor people do not want to get rich. Chivayo believes the greatest challenge of any rich man is a poor man since poor people do not want to get rich but desire the rich to get poor. Chivayo expressed the sentiments in a tweet. A “BRIBE” where… Read More
Corruption News Politics 

ZACC chair receives death threats

Justice Loice Matanda-Moyo Daniel Nemukuyu, Harare Bureau ZIMBABWE Anti-Corruption Commission (ZACC) chairperson Justice Loice Matanda-Moyo and her team of commissioners have acquired firearms for personal security amid reports that they have been receiving death threats from unknown people over high profile graft cases under investigation. On Friday, Justice Matanda-Moyo and the commissioners underwent a firearms training at the Zimbabwe Republic Police… Read More
Business Corruption News 

RBZ freezes five more accounts as Zimbabwe dollar slides again

HARARE – The Reserve Bank of Zimbabwe (RBZ) announced Wednesday that it had frozen the accounts of five companies as it battles to suppress illegal foreign currency trading on the parallel market. The RBZ last Friday froze the accounts of four companies accused of fuelling parallel market trading and devastating the local currency which traded as low as 1:27 to… Read More
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