Monday, June 01

Sir Wicknell Chivhayo Trial Of Swindling Zimbabwe Power Company (ZPC) $5,6 Million To Start In Two Weeks

The trial of businessman Wicknell Chivayo, accused of swindling the Zimbabwe Power Company (ZPC) of $5,6 million is set to resume in two weeks following the Supreme Court ruling on Monday, overturning his acquittal at the High Court.
The Special Anti-Corruption Unit (sacu) welcomed the ruling and now seeks to implement the decision without delay.

In a statement yesterday, sacu welcomed the Supreme Court ruling and made it clear that it would implement the court’s decision to the best of its ability.

However, the anti-corruption unit said it was aware of statements circulating within the public domain suggesting that criminal charges against Chivayo and his company are to be discontinued.

“These sentiments do not represent true facts as they stand. sacu is proceeding with prosecution of the accused person as has been directed by the Supreme Court,” said sacu, adding that the proceedings, which were halted by the High Court in March last year, would resume within a fortnight.

When the proceedings were stopped, one witness had already taken to the stand. “A number of witnesses will now be called to testify in this case,” said sacu, warning that any interference with the witnesses either directly or indirectly would be dealt with in terms of the law.

The resumption of Chivayo’s trial follows the National Prosecuting Authority appeal against the decision of the High Court absolving the businessman and his company of any criminal liability in the botched multi-million dollar deal with the power company.

Justice Owen Tagu had upheld Chivayo’s application for review of the trial court decision, rejecting his application for exception to the charges.

The National Prosecuting Authority took the matter up to the Supreme Court on appeal and successfully quashed the decision of the High Court.

Justice Makarau ruled that the High Court erred in interfering with the unterminated criminal proceedings before the trial magistrate Mr Lazini Ncube and ruled that the fraud trial could now proceed.

Chivayo was facing three counts of fraud when the High Court cleared him of all the charges in July 2018, ruling that it was a civil matter rather than a criminal case.

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Drug Rehab Treatment Centers: How to Choose the Right Program

Choosing a drug rehab treatment center is an important decision for individuals and families facing substance use challenges. The right program can provide structure, support, therapy, and recovery planning. However, not every treatment center is the same, so it is important to understand what to compare.

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Drug rehab programs may include inpatient treatment, residential treatment, partial hospitalization, intensive outpatient care, standard outpatient care, and aftercare support. The best level of care depends on the person’s substance use history, health needs, home environment, mental health concerns, and risk of relapse.

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Inpatient or residential treatment usually provides 24-hour support in a structured setting. This may be helpful for people who need a stable environment away from triggers. Outpatient treatment allows people to live at home while attending scheduled therapy sessions. This may work better for people with strong support systems and less severe needs.

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Medical detox may be needed for some substances. Detox should be supervised by qualified medical professionals because withdrawal can be uncomfortable and sometimes dangerous. Detox alone is usually not a complete treatment plan; it is often the first step before therapy and long-term recovery work.

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A quality treatment center should offer individualized care. Addiction recovery is not one-size-fits-all. Treatment may include individual counseling, group therapy, family therapy, relapse prevention planning, medication-assisted treatment when appropriate, and mental health support.

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Licensing and accreditation matter. Families should ask whether the facility is licensed in its state and whether staff members are qualified. It is also important to ask about treatment methods, patient safety, staff-to-client ratio, and emergency procedures.

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Cost is another factor. Some rehab centers accept insurance, while others require private payment. Before admission, ask for a clear explanation of costs, insurance coverage, out-of-pocket expenses, and refund policies.

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Location can also matter. Some people benefit from being close to family. Others may need distance from unhealthy environments. The right decision depends on the person’s support system and recovery goals.

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Aftercare is one of the most important parts of treatment. Recovery does not end when a program is completed. A strong discharge plan may include outpatient therapy, support groups, sober living, relapse prevention strategies, and follow-up appointments.

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This article is for general information only and is not medical advice. Anyone facing substance use concerns should speak with a qualified healthcare or addiction treatment professional.

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Best Managed IT Services for Financial Companies

Financial companies operate under nonstop pressure.

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Cybersecurity threats. Compliance audits. Customer expectations. System uptime requirements.

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One outage or security breach can create enormous financial and reputational damage.

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That’s why many organizations now rely on the best managed IT services for financial companies instead of handling everything internally.

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Why Financial Firms Need Specialized IT Support

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Financial institutions face unique risks.

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They handle:

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  • Customer banking data
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  • Loan applications
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  • Wire transfers
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  • Investment records
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  • Regulatory reporting systems
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Downtime is not just inconvenient.

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It becomes expensive extremely fast.

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Core Managed IT Services Financial Firms Need

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Strong providers often deliver:

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  • 24/7 monitoring
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  • Security management
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  • Backup systems
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  • Compliance support
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  • Disaster recovery planning
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  • Endpoint protection
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Reactive IT support is no longer enough.

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Cybersecurity Is the Biggest Priority

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Modern financial firms face attacks involving:

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  • Phishing campaigns
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  • Business email compromise
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  • Ransomware
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  • Credential theft
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  • AI-driven fraud
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Managed IT providers increasingly operate as cybersecurity partners.

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Compliance Requirements Continue Expanding

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Financial companies must comply with multiple regulations.

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Poor IT management may trigger:

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  • Regulatory penalties
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  • Lawsuits
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  • Audit failures
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  • Customer distrust
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Compliance and technology now overlap heavily.

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Final Takeaway

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The best managed IT services for financial companies focus on security, uptime, compliance, and long-term operational stability.

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Technology failures in finance quickly become business crises.

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That’s why proactive IT management matters more than ever.

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FAQ

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Why do financial firms outsource IT services?

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Specialized providers often offer stronger security, monitoring, and compliance support.

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What is the biggest cybersecurity threat to banks?

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Phishing, ransomware, and credential theft remain major risks.

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