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StanChart Zimbabwe starts probe after reports CEO suspended

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BY GODFREY MARAWANYIKA

Standard Chartered Plc said it’s investigating allegations of misconduct involving senior management in Zimbabwe more than three weeks after a media organisation reported that the chief executive officer of the unit in that country had been suspended amid a corruption scandal.

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In two separate reports in January NewZimbabwe.com said Ralph Watungwa had been suspended and tied him to alleged abuse of a foreign currency auction run by the central bank, as well as allegations of improperly authorized renovations at buildings owned by the bank.

The news website cited people it didn’t identify.

“We are aware of recent press reports concerning serious allegations of apparent misconduct by senior management officials within the organisation,” Lovemore Manatsa, chairman of Standard Chartered Bank Zimbabwe, said in an emailed statement on Thursday.

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The reports and the absence of the CEO from work led the Zimbabwe Banks and Allied Workers Union to ask what the status of the executive was while the governor of the Reserve Bank of Zimbabwe  , John Mangudya, said he was waiting for the bank to advise him of what the situation was.

“Too little to late. This is an afterthought that is scarce, insincere and clearly inadequate,” Peter Mutasa, the general secretary of the Zimbabwe Banks and Allied Workers Union, said in an interview on Thursday.

“The bank rushes to announce and to take severe measures against non-managerial employees.

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“However, when it comes to its senior executives, it tries to sweep issues under the carpet.”

The union may call for “collective action” to compel the bank to disclose what is being investigated, he said.

Watungwa declined to comment when called earlier this week and didn’t answer a call made to his mobile phone on Thursday.

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“Any conduct which is found in letter or spirit to conflict with the principles outlined in our code of conduct and which may impair fair outcomes for colleagues, clients and the regulators will be responded to accordingly,” Manatsa said.

StanChart’s local unit is the oldest financial institution in Zimbabwe. It was founded in 1892 in a tent in Bulawayo, now the second-biggest city in the nation.

That was just two years after an expedition backed by Cecil John Rhodes set up a presence in the country initially known as Southern Rhodesia.

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The nation became independent from the United Kingdom in 1980.

The London-based lender now has 390 employees in the country with a head office in the center of the capital, Harare, and competes with local and South African banks. – Bloomberg

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Conservation amid crisis: How VFWT adapted to 2024 drought

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BY NOKUTHABA DLAMINI 

The Victoria Falls Wildlife Trust (VFWT) has released its 2024 Impact Report, detailing a year marked by unprecedented challenges due to severe drought conditions across Zimbabwe and much of Southern Africa. The report highlights the organization’s strategic adaptations to support local wildlife and communities during one of the most difficult drought years on record.

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Unlike previous droughts where water scarcity was the primary concern, this year underscored a more complex reality. VFWT Chairperson Bruno De Leo emphasized that the lack of grazing for both wildlife and livestock emerged as an even greater threat. Animals had to venture farther for food, increasing the potential for human-wildlife conflict and competition for dwindling resources. De Leo noted, “The year 2024 underscored the importance of connectivity for wildlife and the need to maintain corridors that allow movement and relieve pressure on natural resources.”

In response to these challenges, VFWT implemented several proactive measures. Collaborating with the rural communities involved in its Herding 4 Hope project, VFWT facilitated early livestock sales to minimize losses and planned for dry-season grazing in more distant areas to conserve energy among livestock. The organization also focused on regenerating boreholes to ensure that villages without adequate water had access to crucial resources.

Notably, VFWT’s Wildlife Disease & Forensics Laboratory made significant strides, establishing itself as a key player in wildlife forensics. In 2024, the laboratory handled over 280 cases and engaged in crucial research on transboundary animal diseases affecting regional wildlife. The lab successfully validated targeted sequencing for species identification using new technologies, reinforcing its capabilities in addressing wildlife crime. Remarkably, the lab played an integral role in international ivory seizure investigations and developed a genetic panel for black rhinos, demonstrating a strong commitment to combatting poaching and ensuring species protection.

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A particularly significant initiative was the launch of a tuberculosis surveillance project for lions within Hwange National Park. Following confirmed deaths from the disease, this project seeks to assess its prevalence among the lion population and understand transmission dynamics. With nine lions set to be sampled in late 2025, the data gathered will contribute to vital conservation knowledge.

The report emphasizes the importance of continued support from donors and stakeholders, enabling VFWT to maintain healthy animal populations and develop sustainable solutions for the future of biodiversity in the region. In a challenging year, the dedication and adaptability of the VFWT team stood out, reinforcing its commitment to conservation and community engagement.

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In the community

Woman connives with boyfriend to kill step mother

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BY STAFF REPORTER 

A chilling murder case has unfolded in Tsholotsho, where a 34-year-old woman, Linnar Muzimela, and her boyfriend, Nkosi, are being sought by police for allegedly killing Muzimela’s 58-year-old step mother, Jenifer Dube.

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According to the police, the brutal murder occurred in Magotsha Line in May 2025. The suspects allegedly buried Dube’s body in a shallow grave in the garden, where it was later retrieved by police on Tuesday, this week.

Police are now appealing for information that may lead to the arrest of Muzimela and Nkosi. The motive behind the murder is still unclear, but the police are working tirelessly to piece together the events surrounding Dube’s tragic death.

 

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Zimbabwe road traffic fatalities rise to 20 amid recent accidents

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BY STAFF REPORTER

The Zimbabwe Republic Police (ZRP) has confirmed that the death toll from recent road traffic accidents has tragically escalated to at least 20 individuals in the past few days. This surge in fatalities has raised serious concerns regarding road safety across the nation.

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In a statement released today, the ZRP detailed a fatal accident that occurred early this morning at the 246-kilometer peg along the Mutare-Masvingo Road, near Mutendi Complex. A Dragon bus, carrying 20 passengers and traveling from Beitbridge to Mutare, collided with a haulage truck while attempting to overtake. The bus driver swerved back into his lane upon noticing an oncoming vehicle, resulting in a devastating sideswipe that caused timber from the truck to pierce into the bus. Eight people, including the bus driver, died at the scene, and four others were injured in the crash. The injured were transferred to Masvingo General Hospital for treatment.

The ZRP emphasized the alarming trend of road accidents in their statement, noting

that these incidents were predominantly caused by reckless overtaking. “Most of the accidents recorded recently have been due to overtaking errors on the part of drivers,” police officials stated. “We urge all motorists to exercise extreme caution and adhere strictly to traffic regulations.”

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This latest accident follows another tragic incident on August 28 involving a Toyota Fortuner GD6 at the 46-kilometer peg along the same road. The vehicle veered off the road and hit a concrete signpost, resulting in four immediate fatalities. This number subsequently rose to six as two more victims succumbed to their injuries after being admitted to Victoria Chitepo Provincial Hospital.

Additionally, on August 29, a separate accident on the Harare-Nyamapanda Road claimed the lives of seven family members when a kombi they were traveling in lost control during an overtaking maneuver, resulting in an overturn that killed five instantly and two more in the hospital.

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