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R18 million fraud haunts #Zimbabwe businessman Mutumwa Mawere

Darlington Musarurwa Business Editor SHABANIE MASHABA MINE (SMM) has instituted sequestration proceedings against South Africa-based Mr Mutumwa Mawere’s estate to recover more than R18 million that was fraudulently transferred to the businessman’s Petter Trading. A sequestration order will make the former industrial magnate technically insolvent. Under South Africa’s insolvency laws, …

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Are #Zimbabwe Citizens the Best Educated idiots?

Zimbabweans love myths. One of the proofs is the popularity of the suave, sharply-dressed salesmen promising them everything they pray for. Like Mugabe. Here we bump into one of the great myths of our age: ‘Zimbabweans are the best-educated people in Africa’. If this was ever true it is surely …

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Brilliant Real Crush Juve To Retain Champions League

Cristiano Ronaldo scored twice as holders Real Madrid were crowned champions of Europe for a record 12th time after outclassing 10-man Juventus in a high-quality Champions League final in Cardiff. Ronaldo put Real ahead with a first-time finish from 16 yards before Mario Mandzukic equalised from just inside the area …

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TSF director under the spotlight

Tobacco Sales Floor (TSF) managing director, Mary Machingaidze, is embroiled in a potential conflict of interest case after it emerged a company owned by her husband, David, is allegedly buying the golden leaf from TSF premises. By Fidelity Mhlanga David owns Ethical Leaf Tobacco, a contract tobacco firm. Farmers taking …

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