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Mnangagwa gets Commonwealth leaders support in bid to rejoin bloc
PRESIDENT Emmerson Mnangagwa's efforts to get Zimbabwe back into the Commonwealth are being backed by the grouping's secretary general, Patricia Scotland, who believes he has done enough to warrant a ...Published: 8 hrs ago | 396 | by Staff reporter
Mnangagwa appoints Tungwarara as UAE investment advisor
President Emmerson Mnangagwa has appointed businessman Dr. Paul Tungwarara as the Special Presidential Investment Advisor to the United Arab Emirates (UAE), a role aimed at bolstering Zimbabwe's econo...Published: 20 Nov 2024 at 06:45hrs | 183 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 6571 | by Staff reporter
Chiwenga faction blocks Mnangagwa's bid to extend presidency
A fierce power struggle within Zimbabwe's ruling Zanu-PF party has escalated, with President Emmerson Mnangagwa's faction retreating after a failed attempt to extend his presidency beyond 2028. The co...Published: 18 Nov 2024 at 15:10hrs | 2725 | by Staff reporter
Chiwenga faction attacks Mnangagwa allies?
Tensions within Zimbabwe’s ruling Zanu PF party are reaching a boiling point as Vice President Constantino Chiwenga's military-backed faction takes a hard stance against President Emmerson Mnangagwa...Published: 16 Nov 2024 at 15:02hrs | 4748 | by Staff reporter
Why Botswana's shift has Zimbabwe's Zanu-PF on edge
As the region and the continent at large continue to digest the outcome of the recent Botswana elections and their ramifications reverberate across borders, a bigger debate is unfolding on the changin...Published: 14 Nov 2024 at 14:39hrs | 1225 | by Ntibinyane Ntibinyane
Edgar Lungu, the Tonse Coalition, and Zambia's political landscape: A clash of visions ahead of the 2026 elections
As Zambia gears up for the 2026 elections, the country's political scene is increasingly defined by the emerging rivalry between former President Edgar Lungu and current President Hakainde Hichilema, ...Published: 14 Nov 2024 at 12:28hrs | 627 | by Nkululeko Nkomo
Afreximbank to inject US$1bn into Zimbabwe economy
The African Export-Import Bank (Afreximbank) has announced a substantial financial commitment of US$1 billion to support Zimbabwe's economic growth, with funds allocated to various sectors in both the...Published: 14 Nov 2024 at 09:21hrs | 173 | by Staff reporter
Bulawayo councillors flag sprouting illegal bus ranks
Councillors in Bulawayo are concerned over the rise of illegal bus ranks in the city as it becomes clear that the long-awaited Egodini Mall project may not be able to accommodate all city buses. With ...Published: 12 Nov 2024 at 10:56hrs | 242 | by Staff reporter
BCC scrap support for NRZ public transport interchange plan
The Bulawayo City Council has rescinded its support for a planned public transport interchange on National Railways of Zimbabwe (NRZ) land, which was intended to alleviate congestion in the central bu...Published: 11 Nov 2024 at 07:05hrs | 423 | by Staff reporter
Hichilema's nightmare
Zambia's former President, Edgar Chagwa Lungu, has returned as the presidential candidate for an eight-party opposition coalition, TONSE ("All of Us"), turning into reality a long-dreaded nightmare fo...Published: 09 Nov 2024 at 17:35hrs | 1870 | by Dereck Goto
Medicinal mbanje products launched in Zimbabwe
In a historic move for Zimbabwe's healthcare sector, Ivory Medicinal has officially launched its pioneering medicinal cannabis product line, CannaQure. This breakthrough in medical treatment aims to h...Published: 09 Nov 2024 at 17:10hrs | 293 | by Staff reporter
Zimbabwe to ease currency reins and allow free-float of ZiG
Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor said, though he declined to spell out when this would happen."The ide...Published: 07 Nov 2024 at 15:03hrs | 9795 | by Staff reporter
Mozambican must exercise maximum force to put an end to these disruptions
The Mozambican state leadership must exercise maximum force to put an end to these disruptions and uphold the stability of the state and SADC region. It is completely unacceptable for a politician who...Published: 07 Nov 2024 at 14:00hrs | 837 | by Dereck Goto
Zanu-PF rubbishes Mmusi Maimane's claim
Zimbabwe's ruling party, ZANU-PF, has dismissed predictions from South African opposition MP Mmusi Maimane that it could follow the path of Botswana's ruling Botswana Democratic Party (BDP), which was...Published: 06 Nov 2024 at 16:39hrs | 2010 | by Staff reporter
Zimbabwe's gold-backed ZiG extends rare advance against dollar
Zimbabwe's gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy.The ...Published: 06 Nov 2024 at 07:04hrs | 803 | by Staff reporter
The criticism of the Bosso supporters boycott by Jaravaza is myopic
The recent discourse surrounding the Highlanders Football Club supporters' boycott of games has engendered a cacophony of opinions, yet none are as misguided as the assertion that this boycott is orch...Published: 05 Nov 2024 at 14:41hrs | 609 | by Ezra Tshisa
The criticism of the Bosso supporters boycott is myopic
The recent discourse surrounding the Highlanders Football Club supporters' boycott of games has engendered a cacophony of opinions, yet none are as misguided as the assertion that this boycott is orch...Published: 05 Nov 2024 at 10:35hrs | 981 | by Ezra Tshisa Sibanda
Zimbabwe's tight monetary policy stance boosts ZiG
Zimbabwe's gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said.The ZiG, short for Zimbabwe Gold, strengt...Published: 05 Nov 2024 at 08:26hrs | 2509 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5599 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3978 | by Staff reporter
What did the ZANU-PF conference achieve besides trying to do something unconstitutional?
The recent ZANU-PF National People's Conference in Bulawayo was expected to chart a course for Zimbabwe's pressing challenges. Yet, rather than addressing the nation's economic woes, poverty l...Published: 28 Oct 2024 at 13:12hrs | 1002 | by Tendai Ruben Mbofana
Chamisa's lawyer says ZiG has expired
Nelson Chamisa's lawyer has alleged that Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), introduced in April as a stabilizing alternative to the Zimbabwean dollar, may have lost its status a...Published: 27 Oct 2024 at 19:19hrs | 3191 | by Staff reporter
Mnangagwa in strategic retreat as Chiwenga faction blocks 2030
President Emmerson Mnangagwa is reportedly under intense pressure from Vice President Constantino Chiwenga and his military-backed faction within Zanu PF to abandon his aspirations for a third term an...Published: 27 Oct 2024 at 12:57hrs | 5816 | by Staff reporter
IMF cautions Zimbabwe
ZIMBABWE won't solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the International Monetary Fund said."There's a tendency t...Published: 27 Oct 2024 at 12:30hrs | 4013 | by Staff reporter
Mnangagwa spokesman says Commonwealth is a 'needless albatross'
President Emmerson Mnangagwa's spokesman George Charamba says he would rather Zimbabwe quits the Commonwealth forever, even as the ruling Zanu PF party has been lobbying some members of the club of fo...Published: 26 Oct 2024 at 16:19hrs | 965 | by Staff reporter
Matebeleland angered by King Munhumutapa's Private Member's Bill
A Private Member's Bill introduced by self-proclaimed King Munhumutapa, Timothy Chiminya, has ignited controversy in Zimbabwe, particularly within the Matabeleland region. Chiminya's bill seeks to ame...Published: 25 Oct 2024 at 14:39hrs | 631 | by Staff reporter
Mnangagwa arrives in Bulawayo for the Zanu-PF Conference
President Emmerson Mnangagwa has arrived in Bulawayo for the official opening of the ruling Zanu PF's annual conference, where he is set to deliver a keynote address to approximately 4,000 delegates g...Published: 25 Oct 2024 at 12:57hrs | 590 | by Staff reporter
Mozambique's ruling party wins landslide in disputed poll
Mozambique's ruling party, Frelimo, has won the country's divisive, violence-marred election, extending its 49-year grip on power in the southern African nation, according to official results....Published: 25 Oct 2024 at 08:52hrs | 515 | by Staff reporter
Commonwealth leaders to defy UK on slavery reparations
Commonwealth heads of government are preparing to defy the United Kingdom and agree plans to examine reparatory justice for the transatlantic slave trade, the BBC has learned.Downing Street in...Published: 25 Oct 2024 at 08:52hrs | 399 | by Staff reporter
'Half-wits' pitting Mnangagwa against Chiwenga warned
Zimbabwe's Information Minister, Jenfan Muswere, faced the daunting task of quelling rising tensions within the ruling ZANU-PF party as he addressed the media on Wednesday, seeking to rebut ongoing sp...Published: 24 Oct 2024 at 08:04hrs | 3256 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2201 | by Staff reporter
'ZANU-PF has sellouts,' Mnangagwa confirms
ZANU-PF's seemingly tense conference has forced its first secretary, Emmerson Mnangagwa to publicly warn against routine disloyalty and signals his preparedness to thwart any possibility of disorder c...Published: 23 Oct 2024 at 20:41hrs | 2985 | by Gideon Madzikatidze
No to third term of office for President Mnangagwa: Mudenda
Former Mthwakazi Republic Party National Executive Council Chairman Mudenda Chilumbo has criticized the Zanu PF faction that is rallying for President Emmerson Mnangagwa to rule beyond 2028, stating t...Published: 23 Oct 2024 at 20:03hrs | 1889 | by Stephen Jakes
Nkomo blasts Zanu-PF over policy confusion
Zapu leader Sibangilizwe Nkomo has blasted Zanu PF government over policy which he blamed for economic quagmire in the country.In...Published: 22 Oct 2024 at 07:21hrs | 567 | by Stephen Jakes
Swipe machines now mandatory in Zimbabwe
The Consumer Protection Commission has launched an enforcement blitz against businesses refusing to accept Point-of-Sale (POS) machine transactions, making it mandatory for all businesses to comply wi...Published: 21 Oct 2024 at 07:41hrs | 3183 | by Staff reporter
RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 236 | by Staff reporter
Drone hits Netanyahu's home?
A drone has been "launched towards" the private residence of Israeli Prime Minister Benjamin Netanyahu in the coastal town of Caesarea, his office has said."The prime minister and his wife wer...Published: 19 Oct 2024 at 13:10hrs | 2574 | by Staff reporter
Zimbabwe govt launches major housing project in Matabeleland North
In a significant step toward its goal of providing affordable housing for all citizens, the Zimbabwean government has launched a new housing project in Emthunzini Township, Matabeleland North Province...Published: 19 Oct 2024 at 12:05hrs | 5842 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1427 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 256 | by Staff reporter
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2516 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5661 | by Staff reporter
Zimbabwe government's continued web of lies on ZiG gold-backing exposed!
Yesterday's statement, in a ZBC interview, by Reserve Bank of Zimbabwe Governor John Mushayavanhu has sparked confusion regarding the country's new currency, the Zimbabwean Gold (ZiG). The gov...Published: 11 Oct 2024 at 08:32hrs | 2294 | by Tendai Ruben Mbofana
Gold reserves backing ZiG rise
The Reserve Bank of Zimbabwe (RBZ) has reassured the public of continued exchange rate stability, with gold reserves backing the Zimbabwe Gold (ZiG) currency now valued at over US$450 million, up from...Published: 10 Oct 2024 at 18:50hrs | 6231 | by Staff reporter
Dollarisation the worst thing to do for Zimbabwe
The Zimbabwean government has remained resolute in its decision not to revert to full dollarisation, despite growing calls from businesses and citizens who prefer the United States dollar over the rap...Published: 10 Oct 2024 at 13:46hrs | 1671 | by Staff reporter
Zimbabwe subscribers push Starlink to limit
THE overwhelming demand for cost-effective internet services is pushing newcomer, Star Link, to the edge with consumers experiencing unexpectedly slow speeds this week, especially in Harare, due to co...Published: 10 Oct 2024 at 07:56hrs | 3005 | by Staff reporter
Zimbabwe says basic goods in limited supply after ZiG devaluation
Zimbabwe said the steep devaluation of its gold-backed currency last month has triggered shortages of bread, sugar and other staples in its formally regulated stores, suggesting the country's latest e...Published: 09 Oct 2024 at 16:38hrs | 3281 | by Staff reporter
Iran joins the Nuclear boys club?
Recent reports are swirling with speculation that Iran may have conducted an underground nuclear test on October 5, sparking global intrigue and concern. Although there has been no official confirmati...Published: 07 Oct 2024 at 16:48hrs | 3602 | by Staff reporter
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