âš ï¸WANTED âš ï¸ | ZRP officer ava vanonzi Paul Kondo and his partner anonzi Hebert Kurebgwaseka vari kutsvagwa nemapurisa. Paul Kondo naHebert Kurebgwaseka vakabira muChinese mari inosvika US$107 000 with the help yemusikana webasa anonzi Marvelous Mapfumo anga achishandira muChinese. Musikana webasa was arrested while on her way to South Africa but Paul Kondo naHebert Kurebgwaseka are on the run from the police and vakaenda nemari yese.
Full Story: A Harare woman who was employed as a house maid by a Chinese national allegedly stole US$107,000 from her employer in connivance with two police officers before she tried to escape to South Africa to evade arrest.
Marvelous Mapfumo appeared before Harare magistrate Dennis Mangosi who remanded her in custody awaiting bail hearing.
Her suspected accomplices who are police detectives, Hebert Kurebgwaseka and Paul Kondo are on the run.
Prosecuting, Thomas Chanakira alleged that the trio stole the money which was being kept by the complainant, Sis Lin at her Highlands home in Harare on May 30 this year.
On 12 June 2024, the court was told, detectives from Bulawayo received information from a reliable source that Mapfumo was on her way to South Africa, via Botswana, aboard a haulage truck.
They followed up on the information and managed to locate and arrest her.
“The accused person was then escorted to CID Highlands, Harare on 13 June.
“After a brief interview, the accused person indicated that she committed the crime together with Kurebgwaseka and Kondo who are police detectives stationed at Central Criminal Bureau, Harare,” said Chanakira.
She said after stealing the money, they went to Ekhaya Lodge in Waterfalls where they booked a room and counted the money, which they then shared among themselves, with Kurebgwaseka and Kondo taking US$30,000 each while Mapfumo took US$47,000 from the loot.
Kurebgwaseka went on to take Mapfumo’s share of US$47,000 claiming this was for safekeeping since they feared she was now being tracked by detectives.
Kondo later took Mapfumo to his girlfriend, Tracey Madzima’s house in Sunningdale, to restrict her from talking to anyone.
He then arranged her trip to South Africa to evade arrest.
Info News
Home Equity Loan vs HELOC: Which One Is Better?
Homeowners who have built equity may be able to borrow against their home. Two common options are a home equity loan and a home equity line of credit, also called a HELOC.
rnrn
A home equity loan gives you a lump sum of money with a fixed interest rate and fixed monthly payments. This can be useful for one-time expenses such as home renovations, medical bills, debt consolidation, or major repairs.
rnrn
A HELOC works more like a credit card. You get access to a credit line and can borrow as needed during the draw period. HELOCs often have variable interest rates, which means your payment can change over time.
rnrn
The best choice depends on your needs. If you know exactly how much money you need and want predictable payments, a home equity loan may be better. If you want flexibility and do not need all the money at once, a HELOC may be a better fit.
rnrn
Both options use your home as collateral. This means if you cannot repay the loan, your home could be at risk. That is why you should borrow carefully.
rnrn
Home equity financing may be used for home improvements, which can increase property value. However, using home equity for vacations, luxury purchases, or short-term spending can be risky.
rnrn
Before applying, compare interest rates, fees, repayment terms, minimum payments, and closing costs. Also ask whether the rate is fixed or variable.
rnrn
Your credit score, income, debt, home value, and available equity will affect approval.
rnrn
A home equity loan and HELOC can both be powerful financial tools, but they should be used responsibly. The right choice depends on whether you need stability, flexibility, or a combination of both.
rn
Student Loan Refinancing: Smart Financial Strategies for Graduates
Student loan debt continues to affect millions of graduates worldwide, making refinancing an attractive option for borrowers seeking better repayment terms. Student loan refinancing combines existing loans into a single new loan with updated interest rates and repayment conditions. Many borrowers refinance to reduce monthly payments, simplify debt management, and lower overall interest costs.
rnrn
Private lenders often offer competitive refinancing rates to borrowers with strong credit histories and stable income. Some lenders also provide flexible repayment schedules, autopay discounts, and personalized loan terms designed to support long-term financial planning. Graduates working in high-income professions may qualify for lower interest rates that significantly reduce repayment costs.
rnrn
Borrowers should carefully consider the differences between federal and private student loans before refinancing. Federal loans often include valuable benefits such as income-driven repayment plans, deferment options, and loan forgiveness programs. Refinancing federal loans into private loans may eliminate access to these protections permanently.
rnrn
Financial advisors recommend comparing multiple lenders, reviewing loan conditions carefully, and understanding long-term repayment obligations before refinancing student loans. Responsible debt management and consistent payments can improve financial health while reducing financial stress for graduates and working professionals.
rn
