馃嚳馃嚰ZimbabweSouthern Africa
Former Airlink manager remanded in US$693,553 theft and money laundering case
via NewsDay Zimbabwe5 min read
Morgan Tagarira Sibanda, the former Airlink country manager, has been remanded to May 11 on charges of money laundering and theft of trust property totaling US$693,553. Sibanda, who is currently out on bail, was responsible for overseeing air ticket sales operations, including daily cash collections and depositing funds into the company's bank account. Prosecutors allege that in August 2024, Sibanda devised a scheme to steal from his employer by deliberately underbanking daily cash collections from ticket sales. Between September 1, 2024, and August 30, 2025, he allegedly failed to deposit US$693,553, which he then converted for personal use. The alleged offense was discovered in early September 2025 during a reconciliation exercise by internal auditors from the company's head office, leading to criminal charges.
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Zimbabwe is seeking US$9 billion for energy expansion, with new regulations expected to accelerate grid expansion, improve electricity access, and attract fresh capital into the energy sector. This comes as the country also faces climate and food security risks, leading to proposed new grain levies. Other developments include Zimbabwe's expansion of development finance options with BRICS New Development Bank membership, and the commissioning of a specialized honey testing laboratory to boost export competitiveness. Meanwhile, ART operations have been affected by power outages and raw material shortages, with exports and paper division volumes declining by 6% and 26% respectively in the third quarter to June 2022. The Zimbabwe Property Excellence Awards highlighted government infrastructure projects and sports facilities. In sports news, the PSL postponed the Highlanders-Chicken Inn derby following the tragic death of Bosso officials and a supporter. Political tensions at grasslands plots have led to violent attacks and forced evictions.
Must ReadZimbabwe is broadening its development finance avenues by joining the BRICS New Development Bank. This move is expected to accelerate grid expansion, enhance electricity access, and attract new capital into the country's energy sector. Other news includes the postponement of a football derby due to a tragic accident, the suspension of top aides by Tsvangirai, and calls for stronger regional health partnerships. The country is also addressing climate and food security risks with proposed new grain levies and is seeking US$9 billion for energy expansion. Additionally, Zimbabwe has commissioned a specialized honey testing laboratory to boost export competitiveness.
Must ReadThe Zimbabwe Property Excellence Awards recently focused on government infrastructure projects and sports facilities. Other news from Zimbabwe includes China's commitment to supporting Vision 2030, Zimbabwe's expansion of development finance options with BRICS New Development Bank membership, and ARDA delivering 120,000MT as the country prepares for El Ni帽o. There are also proposals for new grain levies to address climate and food security risks, and a call to address the silent dementia crisis. ART operations have been affected by power outages and raw material shortages, with exports and paper divisions seeing volume declines of 6% and 26% respectively in the third quarter to June 2022. Additionally, Zimbabwe is seeking US$9bn for energy expansion and has commissioned a specialized honey testing laboratory to boost export competitiveness. Political tensions at grasslands plots have led to violent attacks and forced evictions.