Diaspora Insurance is restructuring its leadership, with founder Jeff Madzingo becoming Executive Chairman and a new CEO set to take over in June 2026.
Bellarmine Chatunga Mugabe, the youngest son of late former Zimbabwean president Robert Mugabe, has been fined a total of R600,000 and deported to Zimbabwe following sentencing in a Johannesburg court on Wednesday.
Constitutional lawyer Thabani Mpofu has warned that proposed changes under the Constitution of Zimbabwe (Amendment) Bill (No. 3), 2026 could potentially pave the way for an extension of President Emmerson Mnangagwa’s tenure to 2033, raising fresh debate over the implications of the reforms, and cautioning that even members of Zanu-PF may have been misled about the possible outcome.
The High Court has nullified the sale of mining equipment valued at approximately US$200,000, ruling that the auction was unlawful after a US$12,240 debt had already been fully settled, and describing the conduct of the Messenger of Court as a "blatant abuse of office."
Old Mutual will implement board committee changes after its June 2026 AGM, as part of a structured succession plan aimed at strengthening governance and oversight.
