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Zimbabwe News and Internet Radio
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nmb bank

Four banks stuck in struggling Lobels

At least four banks that took control of bread-maker, Lobel’s in September 2012 after pouring US$4,5 million to recapitalise the then ailing business are failing to find buyers to take over the business, the Financial Gazette reports.
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ZBC chief reporter Reuben Barwe swindled

HARARE - Zimbabwe Broadcasting Corporation (ZBC) television chief correspondent Reuben Barwe lost $20 000 to Walter Mupfanochiya, a colleague and manager at the country’s sole broadcasting station in a botched business project, a Harare…
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