Browsing tag
Fossil Contracting, one of the major construction companies in Zimbabwe is under-fire for allegedly constructing substandard roads after getting contracts from the government worth millions of dollars. Pictures of a road in Harare’s Bluff Hill suburb emerged on social media this week showing massive cracks and potholes barely two weeks after it was rehabilitated.
The United States (US) government has added Zimbabwe’s First Lady Auxillia Mnangagwa to its sanctions list saying in a statement she “facilitates her husband’s corrupt activities.”
President Emmerson Mnangagwa’s advisor, Kudakwashe Tagwirei, allegedly moved suspect funds from the Reserve Bank of Zimbabwe to London using fronts, false invoices and offshore financial facades, according to The Sentry and Open Secrets.
A new investigative report by The Sentry has exposed how South African tycoon Zunaid Moti paid more than US$3 million to entities and individuals liked to Zimbabwean President Emmerson Mnangagwa and his deputy Constantino Chiwenga after a US$120 million chrome deal signed during the peak of the military coup that ousted late former President Robert Mugabe in November 2017.
The alleged “corrupt and immoral” behaviour of President Emmerson Mnangagwa’s controversial ally and tycoon Kudakwashe Tagwirei has ponderously divided the Seventh Day Adventist (SDA) church in Zimbabwe, leaving its grip on faith solely in the hands of the Almighty God, Nehanda Radio can exclusively reveal.
Controversial tycoon Kudakwashe Tagwirei claims he is being targeted by scammers who are creating imaginary donation offers of tractors under the guise of donations and then later demand funds for fuel to transport the ‘ghost ‘ vehicles.
The United States Treasury’s Office of Foreign Assets Control has released a new list of sanctions targeting people that work with tycoon Kudakwashe Tagwirei and President Emmerson Mnangagwa’s son Emmerson Junior.
Tycoon Kudakwashe Tagwirei’s Fossil Contracting company run by Obey Chimuka has completed the takeover of Lafarge Cement, in a deal that reportedly involved over 61 million shares at a negotiated price of US$29.7 million.
The government of Zimbabwe has blacklisted tycoon Kudakwashe Tagwirei’s former company Redan Coups and 18 others over allegations that they are responsible for “price instability and a spiralling exchange rate” leading to the ongoing downfall of the local currency.
President Emmerson Mnangagwa’s controversial ally is being accused by ex-ZPRA combatants of paying US$75 million to the ruling Zanu-PF party in exchange for ZPRA property, Nijo Produce (Private) Limited.