HSBC and Bidvest Bank fined millions for non-compliance

Source: Reuters. The South African Reserve Bank imposed sanctions on Bidvest Bank for failing to comply with the Financial Intelligence Centre Act following a 2022 inspection. The bank did not implement its risk-management and compliance programme (RMCP) for the assessed trade-based transactions. The Prudential Authority fined Bidvest Bank R5m for non-compliance, with R2.5m suspended for…

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Furore over draft ZIFA constitution

ZIFA Northern Region chairman Martin Kweza and Prophetic Healing and Deliverance Ministries founder  Walter Magaya who last week published a document, the “101 things that I have done for football in the country and the region.”   IN exactly eleven days, the Zimbabwe Football Association (ZIFA) annual general meeting will take  place in Harare to review…

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War vets company vows to deliver

The company, which is wholly-owned by veterans of the liberation struggle, has interests in property development, tourism and agriculture. DIRECTORS of Zvimba East Veterans Investment Company (Zevic) say they are able to steer the ship amid boardroom squabbles, abuse of office and corruption  allegations that are bedeviling the company. The company, which is wholly-owned by…

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2 fishermen’s bodies recovered in Lake Kariba

Three other fishermen who were on the same dinghy were rescued by anglers participating in the Kariba International Tiger Fish Tournament 2024. THE bodies of two fishermen, who drowned after their dinghy capsized in Lake Kariba on Friday, have been recovered.  Three other fishermen who were on the same dinghy were rescued by anglers participating…

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2024 Vodacom Journalist of the Year Awards: Free State, Northern Cape, North West and Limpopo regional winners

The 2024 Vodacom Journalist of the Year Awards the regional winners for Free State, Northern Cape, North West and Limpopo have been announced (Image supplied) Named across the competition’s 12 categories, more than more than 1,200 entries were received from journalists around the country as they shared examples of their best work from the past…

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US$3,6bn project to transform Mat’land region

Speaking during the tour of the facility recently, Chitando said the project was a testament to the success of the government’s “Zimbabwe Open for Business” mantra. THE US$3,6 billion-funded Palm River Energy Metallurgical Special Economic  Zone project in Beitbridge has a potential to transform the Matabeleland region’s economy, Mines and Mining Development minister Winston Chitando…

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Celebrating 50 years of Tal-Tec: The evolution of livestock handling

Greg Talbot, CEO of Tal-Tec. Source: Supplied. Innovation Five decades ago, farming relied heavily on manual labour. Technological and scientific advances combined with equipment innovations, however, have had a big impact on how farms are worked and managed, positively impacting productivity. Tal-Tec, a proudly South African manufacturer of livestock handling equipment, celebrates its 50th anniversary…

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