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Sydney Steyn

Minister loses property over $1,5m debt

By Daniel Nemukuyu The High Court sheriff last Friday stormed the Borrowdale home of Mines and Mining Development Deputy Minister Fred Moyo to attach property worth thousands of dollars after he and fellow directors of a mining firm failed to settle a $1,5 million debt. Moyo and fellow directors stood surety to Stanbic Bank Zimbabwe […]

Former Hwange boss arrested over fraud

Former Hwange Colliery Company managing director, Fred Moyo was arrested Monday night on fraud charges involving the embezzlement of funds close to US$3 million from foreign partners in a gold mining venture in Shabanie.