Just in

WorldRemit partners Zimbabwe’s Econet on money transfers

Source: WorldRemit In the first partnership of its kind, WorldRemit, the global online money transfer service, has partnered with Econet in Zimbabwe to offer customers instant online money transfers to EcoCash mobile wallets. Zimbabweans now have access to the full range of pay-out options that WorldRemit offers, which also includes …

Read More »

Zimbabwe court jails SA Millionaire for concealing helicopte crash

A ZIMBABWEAN court has jailed South African millionaire and business tycoon Frederick Wilhelm August Lutzkie to seven-years for crash-landing his helicopter and concealing the wreckage. The incident occurred on a farm he owns near the gold mining town of Gwanda, 140km south of Bulawayo, the country’s second largest city. This …

Read More »

Masawara Pretax Loss Widens On Investment Losses And Expenses

LONDON (Alliance News) – Masawara PLC Tuesday said its pretax loss widened in 2013 as higher revenues were offset by losses from its associates and other expenses. The investment company, which acquires assets in companies based in Zimbabwe and southern Africa, said its pretax loss from continuing operations widened to …

Read More »

Zimbabwe tobacco crop exceeds target

 Zimbabwe’s tobacco crop has surpassed the 171-million-kilogram target set for this year and has sold 175.5-million kilograms so far, although this year’s crop has fetched much lower prices, an official at the Tobacco Industry and Marketing Board said on Monday. SA is the second-largest buyer of Zimbabwe’s tobacco crop after …

Read More »

Mujuru faction destroys Jonathan Moyo

HARARE – President Robert Mugabe’s unrestrained attacks on Information minister Jonathan Moyo reveal a dramatic shift in the balance of power in Zanu PF, with vice president Joice Mujuru’s faction earning the president’s ear, analysts have said. The “nucleus” of the plot is inside a faction headed by Mujuru, which is …

Read More »