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No Attorney General appointment yet

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
TEN months after it became vacant, government is yet to fill the position of Attorney General (AG) as authorities drag their feet over the appointment. The position was previously held by Johannes Tomana, who is now the Prosecutor-General.  Tomana was appointed the Prosecutor-General by President Robert Mugabe in November last year and heads the National ...

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Chiefs take Mugabe head on

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
CHIEFS, who had earlier threatened to boycott their annual conference demanding brand new cars, farms and an increase in their allowances, will today take on President Robert Mugabe, hoping he will press his administration to cough up. Once described by President Mugabe as “paragons of virtue,” the traditional leaders are disgruntled by the way government ...

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Mortgage lender grows loan book

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
ZIMBABWE’S largest mortgage lender, Central African Building Society (CABS), is sitting on an unsecured parallel lending loan book of over US$127 million, while corporate banking loans including the Distressed and Marginalised Areas Fund stood at over US$100 million and the mortgage loan book at over US$130 million. This is despite the group’s income dropping by ...

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Cornered CSC enters plea to defend

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
CORNERED by 1 300 workers who have approached the High Court to claim millions of dollars in unremitted pension contributions, the State-run Cold Storage Company (CSC) finally entered a plea to defend itself last week, setting the stage for a potentially bruising legal battle. A recent audit of the CSC pension fund exposed massive manipulation ...

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ZSE reflects slowing economy

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
THE slow pace of economic recovery has resulted in the total value of shares traded on the Zimbabwe Stock Exchange declining to US$260 million for the eight months to August, from US$319 million during the same period last year. Figures from the ZSE show that turnover however increased by 163 percent to US$66,3 million. Foreign ...

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Lisa Harris on a roll again

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
LEADING horse trainer, Lisa Harris, has once again taken control of Borrowdale Park race course after bagging close to a quarter of a million dollars in stake earnings in only 11 months. According to statistics of performance released recently by the Mashonaland Turf Club, Harris who started training race horses in 2002 and has been ...

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National Rugby League scrambles for US$50 000

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
THE National Rugby League (NRL) is scrambling for a US$50 000 rescue package to try and save the sport, which has been finding the going tough due to financial difficulties. With half the games still to be played before the end of the season, the league has since failed to attract a sponsor. The NRL ...

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Staying fabulous

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
IN the fabulous forties, if you haven’t already done so by then, you discover the importance of maintaining good health. Linked to this a healthful appearance is also desirable. The relationship between what you eat, what you do or don’t do on your health or lack thereof takes on increased meaning. That is when you ...

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