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Petrotrade

Gang in court for Petrotrade fraud

Petrotrade (Private) Limited almost lost US$8.5 million to a gang of six highly-placed suspected conmen, but after an alert manager smelt a rat, the six walked into a police trap, spent a weekend in the cells and had their bail hearing in…
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$3m CMED scam sucks in bigwigs

The US$3 million CMED fuel scandal has sucked in National Oil Infrastructure Company and Petrotrade chief executive officers Messrs Wilfred Matukeni and Tanaka Sikwila amid revelations they lied that First Oil had three million litres of…
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Politicians dominate Zesa boards

Energy and Power Development Minister Dzikamai Mavhaire yesterday appointed board members for Zesa Holdings and its nine subsidiaries, with the new boards dominated by politicians and former ambassadors.
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