Extra US$26m splashed on Trabablas raises stink
The Treasury boss said the initial loan arrangement for the Trabablas Interchange was US$88 million.
By Harriet Chikandiwa
Jul. 11, 2025
Khayah slips into corporate rescue as US sanctions bite
“Creditors and other stakeholders shall be notified of further processes by the corporate rescue practitioner,” Khayah said.
By Business Reporter
Dec. 24, 2024
Corruption Watch: Mbudzi interchange just another eating project
Things are now making better sense following yet another revelation that government borrowed US$88 million from a private company to finance the Mbudzi project.
By Tawanda Majoni
Feb. 12, 2023
US$88m govt deal raises stink
Ncube announced in a Government Gazette that government had signed a US$88 million loan deal with Obey Chimuka’s Fossil Mines (Pvt) Ltd to find the project at an interest rate of 5% per annum.
By Kenneth Nyangani
Feb. 10, 2023
Fossil seals Lafarge takeover
On Thursday, Fossil settled the purchase price of Lafarge Cement, placing the giant cement producer in the hands of local entrepreneurs.
By Staff Reporter
Dec. 2, 2022
Lafarge account garnished over debt
Documents show the account was garnished following a ruling against the cement manufacturer by High Court.
By Staff Reporter
Oct. 31, 2022
SA’s RMB projects gloom as crisis in Zim deepens... bank ranks the country least attractive destination
Business Digest
Oct. 31, 2025
