Main News
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Machaya convicted

Former Midlands Provincial Governor, Jason Machaya was yesterday convicted for abuse of office by a Gweru magistrate.

Business
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The process of reimbursement

To effectively protect depositors and contribute to financial stability, the Deposit Protection Scheme (DPS) should be able to compensate depositors in the shortest possible time. The International Association of Deposit Insurers (IADI) recommends that the DPS should have capacity to pay within seven days of closure of a failed bank.

Business
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TSL in mixed third quarter performance

Listed industrial firm, TSL Holdings’, performance across its various categories was generally depressed in the third quarter to July 31, 2020 dragged down by the impact of the Covid-19 pandemic.

Main News
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410 000ha for Command Agric

Farmers benefiting under the special programme for import substitution, Command Agriculture are expected to put 410 000 hectares under food crops during the forthcoming summer cropping season.

Business
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Toxic risk disinfected from banking sector

The Zimbabwe Asset Management Company (ZAMCO), says it has managed to eliminate potentially hazardous systemic risk from the banking sector after taking over $1,1 billion worth of non-performing loans (NPLs), giving debt ridden firms a new slate to make a fresh start.

Main News
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ZACC probes Kaukonde over land

The legal dispute over the status of a 1 000ha farm in Goromnzi has sucked in former Mashonaland East Governor Ray Kaukonde who is now under investigation by the Zimbabwe Anti-Corruption Commission (Zacc) for possible criminal abuse of office during his tenure for allegedly allocating the land to his sister without an offer letter.

Sports
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JUST IN: Musona opens goal-scoring account

BELGIUM-BASED Warriors skipper, Knowledge Musona, opened his goal scoring account for this season when he found the target for Pro-League side KAS Eupen in a drawn game against Antwerp.

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