An 18-year fraud sentence just survived every level of appeal after two ex-employees flipped their employer's land for US$3 million.
Supreme Court kills the final appeal
Jacob Muyambo and Saymonds Mutakura lost their bid before three Supreme Court justices.
Justices Mavangira, Lovemore Makoni, and Hlekani Mwayera tossed the case outright.
Delatfin Civil Engineering gets all disputed residential stands back on its registry.
A third co-accused, Amos Kagona, fatally shot himself before sentencing.
How the fraud operation worked
Muyambo used his finance manager role to greenlight fake sales agreements.
Stolen stands were earmarked for later disposal by Delatfin anyway.
All three split the cash and banked on nobody noticing quickly...
A Pan-African development bank just cranked its Caribbean financing ceiling from US$3 billion to US$5 billion over the next four years.
Afreximbank's Caribbean cash boost
Afreximbank already pushed over US$750 million out the door regionally.
Its active pipeline tops US$2 billion in pending deals.
President George Elombi laid out the plans at a CARICOM summit in Basseterre.
Full drawdown of that US$5 billion cap is the four-year target.
Sector targets across the region
Healthcare builds are lined up for Barbados, Guyana, and Grenada.
Tourism backing covers Barbados, Grenada, the Bahamas, and Antigua and Barbuda.
Agro-processing and logistics projects span four Caribbean nations.
Power, roads, and trade centers hit Grenada, Jamaica...
Zimbabwe's blanket freeze on lithium concentrate exports just spooked the market, but one company insists its project won't feel the hit.
Premier's Zulu project outlook
Premier African Minerals says the ban won't derail its Zulu Lithium and Tantalum Project.
Their new flotation plant is arriving and getting installed right now.
Zulu sits roughly 80 km from Bulawayo as a major, undeveloped deposit.
Premier had already pitched a beneficiation plan to the ministry in 2024.
What the export ban actually does
Zimbabwe axed all lithium concentrate and raw mineral shipments immediately.
Even stuff already in transit got caught up in the freeze.
Most exports have historically been unprocessed spodumene concentrate.
Authorities want refined...
A US$0.50 per share exit window is live after nearly 95% of voting shareholders greenlit Econet's breakup and ZSE departure.
Econet's exit offer mechanics
Econet Wireless Zimbabwe opened the offer at US$0.50 per share.
Each share gets US$0.17 cash and one InfraCo share worth US$0.33.
Shareholders can't cherry-pick between cash-only or shares-only options.
March 9 is the hard deadline before elections lock in.
Delisting and InfraCo listing timeline
Econet Infrastructure Company Limited will list on the VFEX on March 31.
Econet's ZSE delisting lands on that exact same day.
Missing the election window means you're stuck holding post-delist shares.
Telecom ops get carved away from real estate and tower assets.
Shareholder vote...
Formal registration of a new majority operator just locked in the next phase for a coal project sitting on over 19,000 hectares in Zimbabwe's Hwange district.
Muchesu coal project shakeup
Pacific Goal Investments grabbed 51% of Monaf Investments and runs operations.
Contango Holdings keeps a 24% stake in the venture.
A July 2024 deal originally handed control to Huo Investments.
Huo later shifted all rights and its US$20 million facility over to PGI.
Money and growth pipeline
Contango's guaranteed royalty floor sits at US$2 million annually.
Fresh coke oven builds will ramp up metallurgical coal processing.
PGI picked up the full US$20 million investment commitment from Huo.
Muchesu spans the Karroo Mid-Zambezi coal basin area...
A US$30 million property deal just got pushed back to June 2026 because legal nonsense and red tape gummed up the works.
PPC Zimbabwe's Arlington Estate sale
PPC Zimbabwe and Transvaal Africa stretched their closing deadline out.
A housing cooperative's court bid got tossed as frivolous.
That 418-hectare Harare property has been PPC's since 1990.
Zero limestone on site made it a non-core asset.
Ownership drama on the estate
Forced government seizure hit the land back in 2010.
PPC Zimbabwe clawed back its formal title in late 2024.
Residential, industrial, and commercial zoning covers the property.
Sale proceeds could flow back to PPC Limited in South Africa.
The cement business is getting a nice tailwind
Sales volumes jumped 22%...
A fake promise to revive a stalled court case just landed a Bulawayo High Court assessor behind bars for a solid five effective years.
Ceaser Nkomo's bribery conviction
Ceaser Nkomo, 64, squeezed US$1,974 out of a complainant via EcoCash payments.
His scheme involved pretending to upload the victim's case onto the JSC system.
Nkomo kept lying about being at the Gweru Circuit Court with a judge.
Magistrate Sibonginkosi Maphosa convicted him despite a not-guilty plea.
Sentencing and criminal history
Eight years got handed down, but three were suspended conditionally.
Restitution to the complainant is due by 30 June, or that extra year kicks in.
Nkomo already had a 2016 theft conviction on his record.
Prosecutor Owen Mugari called...
Adultery disputes are flooding the community court in Gokwe North District every single month, and the local chief is fed up about it.
Chief Toringepi on marital breakdown
Chief Vimbai Toringepi of Copper Queen Farms handles four to five such cases monthly.
Married women and younger single men are the most common pairing.
Toringepi singled out the Ama2000 generation as particularly challenging.
His remarks came during a Dewe wetland tour in Midlands Province.
Child marriage is going unreported
Cases are supposed to go straight to the police.
Villagers dodge reporting on each other out of fear.
Toringepi says the law exists, but offenders keep slipping through.
Silent communities are letting harmful practices dig in deeper.
Baton strikes rained down on Zimbabwean opposition figures while uniformed cops reportedly just stood there and watched it all happen.
Amnesty slams attack on NCA leaders
Lovemore Madhuku and Effort Manono got beaten at a party gathering.
Amnesty International Zimbabwe's Lucia Masuka publicly ripped into the assault.
ZRP has flatly denied that officers were present.
Batons were the weapons used against the activists.
Crackdown on term-limit opponents
Critics fighting presidential term-limit changes keep getting targeted.
Public gatherings have been shut down across the board.
Arbitrary detention and silencing of dissent are piling up.
Masuka demanded a proper, independent probe into the violence.
Activists were locked up before any...
