Categories: Stories

Air Zimbabwe fleeced of $9.4 million in insurance scam

Air Zimbabwe was fleeced of nearly US$9.4 million in an insurance scam that involved top airline officials and implicated Secretary for Transport Munesu Munodawafa.

According to The Herald the national airline is said to have lost €5 895 695.49 and US$1 298 827.88 in a four-year aviation insurance scam.

Grace Pfumbidzayi, Air Zimbabwe’s company secretary, is said to have been at the centre of the alleged scam by authorising fraudulent payments to Navistar Insurance Brokers, according to a report by BCA Forensic Audit Services.

The auditors described some of the payouts to Navistar as “outrageous”. Navistar is chaired by Patrick Chingoka who is a former board chairman of Air Zimbabwe. Chingoka said he was not aware of the payments.

It was not clear whether Munodawafa benefitted but he was implicated in the sense that he said there was no fraud but it turned out he was related to Pfumbidzayi.

BCA said it identified possible violations under the Criminal Law (Codification and Reform Act) Chapter 9:23 which deals with fraudulent transactions in respect of:

  • Innocent Mavhunga (acting group CEO)
  • Grace Pfumbidzayi
  • Nicholas Mujere (Air Zim acting general manager)
  • Norbert Machingauta (Air Zim strategy and economic manager)
  • Patience Tichagwa (Air Zim finance and administration manager)
  • Oswell Matore (former Air Zim finance and corporate services general manager)
  • Givemore Nderere (Navistar managing director)
  • Vukile Hlupo (Navistar director) and
  • Orton Mawire (Navistar finance director and company secretary).

The Air Zimbabwe scam is the latest scandal involving a State enterprise to unravel in the past three months.

It started with the outrageous salary of Zimbabwe Broadcasting Corporation chief executive Happison Muchechetere who was reportedly earning US$40 000 a month while employees had gone for almost a year without salaries.

This was dwarfed by the case of Cuthbert Dube, who was chairman of the ZBC board, and chief executive of the Premier Service Medical Aid Society who was reportedly earning US$230 000 while the medical aid society was saddled with a US$38 million debt.

(346 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Is it true that 4 million Zimbabweans went without food on several occasions last year?

At least four million people in Zimbabwe reported that they had gone without food on…

November 5, 2026

Did you know that four of the world’s largest banks are all in China?

Four of the world’s largest banks are all in China. Assets of the Industrial and…

October 15, 2026

Zimbabwe one of the 27 countries in the world where the richest 0.1% has more wealth than the bottom 80%

Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…

October 2, 2026

Zimbabwe third among the least free countries in SADC

Zimbabwe has been ranked third among the least free countries in Southern Africa but it…

May 24, 2026

Why I had a girlfriend two months after my wife’s death- Take 1

I had always considered it a curse for a wife to die before her husband.…

May 18, 2026

Why I had a girlfriend two months after my wife’s death

This is a true story about the challenges and loneliness I faced when my wife…

May 17, 2026