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Five banks struggling, bad loans high: RBZ

THE financial sector remains safe and sound, despite at least five banks being undercapitalised, central bank governor John Mangudya said on Monday, adding that the authorities are considering a...

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Jackson's Neverland remains in limbo

FROM outside the gates of Neverland Ranch, it appears as if Michael Jackson's former home and fantasyland has been frozen in time.The backyard circus is long gone, but heartfelt notes placed by...

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Beyonce, Dr Dre most powerful celebs

US pop singer Beyonce, basketball player LeBron James and record producer and rapper Dr. Dre headed Forbes' list of the world's most powerful celebrities released on Monday.With estimated earnings of...

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Two held in SA over $850k smuggled cigs

THE South Africa Revenue Service (Sars) on Sunday arrested two truck drivers for allegedly trying to smuggle cigarettes worth about US$850,000 into South Africa and also attempting to bribe tax...

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Cops face death penalty over robbery

THE hangman’s noose awaits three police officers convicted for the cold-blooded killing of a security guard during a botched armed robbery at a farm owned by the Zimbabwe Republic Police (ZRP).Kudzai...

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Alimony dodge ‘prophet’ says prayer for lazy women

A SELF-STYLED prophet taken to court over maintenance by an estranged lover brought proceedings to a momentary halt as he said a prayer for all women contemplating similar action to be cured of...

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Mugabe has neighbour convicted over dogs

PRESIDENT Robert Mugabe’s neighbour in the upmarket suburb of Borrowdale Brooke, accused of setting his dogs on game within the Zimbabwean leader’s sprawling mansion, was Monday convicted and sentenced...

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Collapsing Chi-town appeals to Mugabe

CHITUNGWIZA has appealed to President Robert Mugabe to help save the local authority from complete collapse as fed-up creditors go after council properties while workers become increasingly militant...

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Teachers’ holiday pay not scrapped, unions

A TOP civil servants representative has dismissed as mere speculation claims that the cash-strapped government plans to scrap teachers’ pay during school holidays.Teachers comprise the bulk of...

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Mnangagwa enforcer’s home gutted by fire

GOKWE Kabuyuni MP (Zanu PF) Owen ‘Mudha’ Ncube reportedly lost property worth $300 000 when his Kwekwe house was gutted by fire on Sunday night.Ncube, widely known in the Midlands city as justice...

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Biti: Bob turns us into airtime vendors

ZIMBABWEANS have been turned into vendors, most selling mobile phone airtime, due to President Robert Mugabe and his Zanu PF-led government’s inept handling of the economy, former finance minister and...

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Zimbos arrested for SA armed robberies

TWO Zimbabweans were arrested for possession of unlicensed firearms linked to a spat of armed robberies in South Africa last weekend while another was held for an armed raid at a supermarket.South...

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Pregnancy fears block open female prison

ACTIVISTS have claimed that a proposed open prison for women is failing to take off because authorities are allegedly concerned that, if released, inmates would likely come back pregnant, creating more...

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Chombo under fire over Harare debt

HARARE City Council has been garnished $3 million by the tax collector over a debt of $42 million but city fathers blame government’s decree to cancel household and municipal debt for its worsening...

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Rhinos win a turning point for Bosso

HIGHLANDERS coach Kelvin Kaindu has praised his charges for showing “great character” in Sunday’s 3-1 win over visiting Black Rhinos adding the win was a turning point for the Bulawayo giant’s...

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Nadal stunned by 144th ranked teen

RAFAEL Nadal's charge towards a third Wimbledon title came to a juddering halt in the fourth round when he was sensationally beaten by 19-year-old Australian wildcard Nick Kyrgios 7-6 (5) 5-7 7-6 (5)...

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Pasuwa hints at new striker search

DYNAMOS coach Callisto Pasuwa is not bitter about dropping two points in last Saturday’s visit to Chicken Inn where they drew 1-1 but admitted the need to resolve the club’s goal-scoring problems.It...

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Indigenisation discord puts investors off

THE Government must be clear on its indigenisation laws and policy as the on-going policy discord is affecting efforts to attract foreign direct investment (FDI), parliament was told this...

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Economy: Chinamasa’s cause for optimism

ZIMBABWE’S economy is on the verge of recession, with low consumer demand and a liquidity crunch putting its businesses under plenty of strain. Against this backdrop, Finance Minister Patrick Chinamasa...

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Ex-wife sues Macheso for $300,000

SUNGURA music superstar, Alick Macheso’s former wife Fortunate ‘Tafadzwa’ Mapako has filed a $300,000 defamation civil suit as payment for malicious damage by the singer’s claims that he had not sired...

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