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Informing Business, Inspiring Success


Bulawayo Magistrate Jailed for Abuse of Office in Fraud Case
BULAWAYO – A Bulawayo magistrate, Evia Matura, has been sentenced to 24 months in prison for criminal abuse of office after unlawfully releasing a fraud suspect without a valid bail application. Matura (47) was convicted under Section 174 of the Criminal Law (Codification and Reform) Act following irregular actions taken while presiding at Tredgold Magistrates’ Court.

Southerton Business Times
Apr 172 min read


Harare Man Arrested Over Bank Hacking, Fraudulently Transfers Thousands
HARARE – A Harare man has been arrested and charged with fraud after allegedly hacking into a businessman’s bank accounts and siphoning thousands of dollars in a suspected cybercrime case that highlights growing digital security risks in Zimbabwe.

Southerton Business Times
Apr 152 min read


RAF Fraud Trial: East London Mother Testifies Against Zimbabwe-Born Lawyer Over Unpaid Compensation
HARARE – An East London mother has told the Specialised Commercial Crimes Court that she spent years trying to recover compensation from Zimbabwe-born attorney Manfred Chinamasa, but never received any payment before her son’s death. Chinamasa (54), a former lecturer at the University of Fort Hare, is facing charges of theft and money laundering linked to alleged fraud involving the Road Accident Fund (RAF). Authorities allege he defrauded RAF clients of approximately R13 mil

Southerton Business Times
Apr 132 min read


Mpofu, Chimombe Await Supreme Court Ruling on Appeal in US$7 Million Goats Scheme Fraud Case
HARARE – Jailed businessmen Moses Mpofu and Mike Chimombe are awaiting a Supreme Court ruling on whether they will be granted leave to appeal their convictions and sentences in a high-profile US$7 million fraud case linked to the Presidential Goats Pass-On Scheme.

Southerton Business Times
Apr 122 min read


Singaporean businessman Mark Yong Khong Yoong arrested in Zimbabwe
In a statement, national police spokesperson Paul Nyathi said the suspect was arrested following investigations into a mining investment deal in which another foreign investor was allegedly defrauded of US$1.5 million. Police later identified the suspect as Singaporean businessman Mark Yong Khong Yoong. According to police, Yoong was arrested on 14 March 2026 at the Norton Tollgate while travelling in a black Lexus SUV with three other people.

Southerton Business Times
Mar 172 min read
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