Zimbabwe News Update

🇿🇼 Published: 09 August 2026
📘 Source: Mmegi

Prosecutors state in the charge sheet that on or about April 17, 2024, the former minister accepted P4.7 million from New Energy Company (Pty) Ltd, via Wisecreatives Investments Pty Ltd. They argue this was a reward for issuing prospecting licences in Gantsi, Tsabong, and Tutume to New Energy. In the second case, Moagi faces two counts of corruption and money laundering.

Making submissions before Regional Magistrate yesterday in a no case to answer application, Tengo Rubadiri, Moagi’s attorney told the court that prosecution had failed to adduce evidence showing that money allegedly channeled through Wisecreatives was a reward for granting of eight licenses. Rubadiri premised his argument on the warn-and-caution statement by Zheng Li, which was admitted as an exhibit despite him (Zheng Li) not testifying. Defence counsel said Zheng confirmed that he was the sole director and sole shareholder of Wisecreatives and therefor the only person capable of explaining transactions reflected on the company bank accouht “The only person who could explain why, in the Wisecreatives account, every single entry was recorded as a loan, whether from New Energy, Ryders or any entity was Zheng Li.” Counsel argued. ‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and…

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Originally published by Mmegi • August 09, 2026

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