Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months' jail time, without the option of a fine, on the contempt of court charges he lodged aga...
Good corporate governance practices require company directors to think outside the box and act as responsible corporate citizens in order to retain the trust and confidence of both shareholders and ke...
Government says it will soon announce a new board of directors for mining parastatals and has committed itself to ensure that Zimbabwe Mining Development Corporation (ZMDC) assets are utilised for the...
Government is working on amendments to the Companies Act with a view to tightening legal provisions and placing increased fiduciary duty of responsibility and accountability on company directors by em...
At least four National Social Security Authority (NSSA) directors, including CEO Elizabeth Chitiga, will be relieved of their duties after the Easter holidays, it has emergedThe impending sacking of t...
THE High Court has cleared the way for a civil claim against the directors of Royal Bank of Zimbabwe for alleged gross negligence and mismanagement, which the liquidator says resulted in the collapse ...
Two former non-executive directors of CFI Holdings have said they reserve the right to sue for defamatory allegations, following their exit from the group on Tuesday. Ephraim Chawoneka and Douglas Mam...
SENIOR Zimbabwe National Roads Administration (Zinara) executives arrested in June for alleged fraud and criminal abuse of office could walk free after Transport Minister Jorum Gumbo pressured the par...
The Insurance and Pension Commission is working on new amendments which if approved would result in significant changes in some insurance company boards and management.While the proposed amendments we...
PREMIER Medical Aid Society (PSMAS) paid its directors a combined $602 000 last year, making its board better remunerated than listed heavyweights such as Delta Corporation, OK Zimbabwe and Innscor Af...
Royal Bank Zimbabwe Limited (Royal)'s directors could face prosecution after the defunct institution's creditors on Wednesday approved a plan to institute legal proceedings against the ex-board for ab...
Telecel Zimbabwe's parent company VimpelCom Ltd has appointed two new directors on its board, Hamid Akhavan and Andrei Gusev.The duo replaces Sergei Tesliuk and Andrei Baranov, respectively.The compan...
Bank directors and shareholders who abuse depositors' funds risk prosecution and going to jail in terms of amendments proposed in the Banking Act, the Reserve Bank has said. Presenting the 2014 Moneta...
THE unbundling of Zimbabwe Stock Exchange listed Aico Africa has begun with the group withdrawing directors it had seconded to the boards of its subsidiary companies. Aico group has a 100 percent sta...
The proposed corporate governance code for Zimbabwe, work on which was recently completed, is expected to limit the number of boards an individual can serve on, DHM Legal Practitioners senior partner ...
NEW listing rules being crafted by the Zimbabwe Stock Exchange will limit the number of boards on which an individual can sit on, an industry official has said.Securities Commission of Zimbabwe chief ...
DID you know that in terms of the 13thSchedule and 33rdSchedule of the Income Tax Act, director's fees are taxable as employment income or business income depending on the relationship between the pa...
GOVERNMENT is set to bar directors of banking institutions and holding companies from taking up similar positions in more than two other companies, according to proposed amendments to the Banking Act...