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Wicknell in Trouble Over Zesa Tenders but in No Show At Court

Wicknell in Trouble Over Zesa Tenders but in No Show At Court Dec. 12, 2017 (All Africa Global Media) — Wicknell Chivhayo, the flamboyant businessman known for touting his riches and close ties with former first lady Grace Mugabe, has reportedly been questioned by the authorities over his shady deals …

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Zimbabwe receives US$1.5 Billion for economic recovery from Afrexim Bank

Zimbabwe receives $1.5 Billion for economic recovery The African Export-Import Bank (Afreximbank) is set to inject $1,5 billion to stabilise the country’s economy, as well to provide investment guarantee to investors that the bank will pick up country risk which may befall their investments. Speaking after paying a courtesy call …

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Zimbabwe’s Mugabe flies to Singapore, first trip since ouster

HARARE (Reuters) – Zimbabwe’s former president Robert Mugabe has left the country for medical checks in Singapore, his first foreign travel since the army forced him from office last month, a state security official said on Tuesday. The 93-year-old, who ruled the southern African nation for 37 years, resigned after …

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Zimbabwe Banks now accepting 99-year leases as collateral

Zimbabwe Banks now accepting 99-year leases as collateral The Bankers Association of Zimbabwe (BAZ) said on Friday it will now accept 99-year leases that were given to resettled farmers by Government as collateral for bank loans. Since Zimbabwe embarked on the fast track land reform programme in the early 2000s, lack …

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