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A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 703 | by Jonathan Moyo
Zimbabwe's FIU to probe businesses inflating prices for USD bank transfers
THE Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has said it will investigate unethical behaviour exhibited by various businesses after it emerged that they are forcing customers to pa...Published: 28 May 2023 at 08:00hrs | 56 | by Staff reporter
Chamisa cries for a chance to 'fix this mess'
CITIZENS Coalition for Change (CCC) leader Nelson Chamisa has in his election campaign promised to fix economic problems currently bedevilling Zimbabwe, which has seen retail prices soaring and the lo...Published: 24 May 2023 at 06:11hrs | 1531 | by Staff reporter
To see the saboteur, Mr President, look in the mirror
NewsdayHAVE we seriously gone back to blaming ghosts and shadows for the economy bottoming out?Are we going to be turning every stone, nook, and cranny looking for perceived "saboteurs...Published: 23 May 2023 at 06:40hrs | 1207 | by Staff reporter
Forex speculators to face disciplinary action
THE market should expect significant restoration of stability in the pricing of basic goods in response to comprehensive Government measures while disciplinary action will be swiftly meted against bus...Published: 23 May 2023 at 06:34hrs | 416 | by Staff reporter
'Re-engagement will depend on holding credible 2023 elections' AfDB warns. At long last, some home-truths
"The African Development Bank has moved to fast-track Zimbabwe's $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe's reforms. The bank is leading ef...Published: 22 May 2023 at 21:59hrs | 844 | by Wilbert Mukori
I'm grateful to have been born and bred in Rhodesia!
Ever since I started writing current affairs and social justice newspaper articles in 1989, at the age of 16 years, this is probably the most painful, frank and heartfelt piece I have ever authored....Published: 19 May 2023 at 14:04hrs | 1241 | by Tendai Ruben Mbofana
Zimbabwe central bank confident of price stability
ABOUT $40 billion, some of which could have found its way onto the black market, has been mopped up from the market in less than 10 months through gold coins and gold-backed digital tokens, in a devel...Published: 14 May 2023 at 11:32hrs | 133 | by Staff reportetr
$14 billion gold digital tokens bought so far in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said a total 139 570 982 milligrammes (139,57kg) of gold-backed digital tokens valued at $14 077 billion were bought during the initial sale, which opened on Mon...Published: 13 May 2023 at 18:25hrs | 103 | by Staff reporter
Zimbabwe gold digital tokens to hit market on Monday
THE Reserve Bank of Zimbabwe (RBZ)'s will release its gold-backed digital tokens into the market on Monday to serve as both an instrument for store of value and transacting.The bank has since ...Published: 05 May 2023 at 20:22hrs | 354 | by Staff reportr
Zimbabwe's digital tokens out next month
THE Reserve Bank of Zimbabwe (RBZ) yesterday said it would start issuing gold-backed digital tokens on May 8 as one of its several measures to save the free-falling local currency.In July last...Published: 29 Apr 2023 at 07:52hrs | 415 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 1070 | by Staff reporter
It's time for political gimmicks
As we draw near the 2023 elections we have so far witnessed the propaganda mill machines conveying cheap political gimmicks for example the recently launc...Published: 25 Apr 2023 at 06:20hrs | 208 | by Leonard Koni
'Black market rates to fall,' dreams RBZ
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:48hrs | 169 | by Staff reporter
Zimbabwe central bank introduces gold-backed digital currency
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:47hrs | 434 | by Staff reporter
Gold Mafia: RBZ under sharp scrutiny
THE Reserve Bank of Zimbabwe (RBZ) has come under renewed pressure to deal with allegations of gold smuggling and money laundering after a leading think-tank said the central bank's operations should ...Published: 20 Apr 2023 at 07:31hrs | 779 | by Staff reporter
Zimbabwean gold dealer claims to be well-protected
ZIMBABWEAN gold dealer Ewan Macmillan has made a sensational claim that President Emmerson Mnangagwa, whom he pays an undisclosed amount of money every month, jumps to his protection whenever he gets ...Published: 18 Apr 2023 at 20:02hrs | 1531 | by Staff reporter
Mthuli Ncube, Mangudya to face Parly grilling
FINANCE minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya are expected to face grilling soon from Parliament over allegations that the Central Bank was being used as a co...Published: 17 Apr 2023 at 06:19hrs | 827 | by Staff reporter
Is Zimbabwe a nation of liars and thieves?
When I was attentively watching the last episode of the Al Jazeera 'Gold Mafia' exposé yesterday - there were expectedly some more troubling revelations made pertaining to the acts of corruption root...Published: 16 Apr 2023 at 18:45hrs | 1018 | by Tendai Ruben Mbofana
RBZ boss speaks on looming exit
The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says his top priorities are to leave behind a sound financial system, strong central bank, and stable prices as his two terms come to an end....Published: 16 Apr 2023 at 08:32hrs | 2565 | by Staff reporter
Mnangagwa settled gold smuggler's debt with expensive watch?
Controversial gold dealer Ewan MacMillan says he has President Emmerson Mnangagwa's gold-studded Rolex watch he claims he obtained from the incumbent's unnamed son as compromise settlement of an outst...Published: 15 Apr 2023 at 20:55hrs | 825 | by Staff reporter
Zimdollar plunges 53%
UNCERTAINTY over Zimbabwe's growth prospects deepened this week, after a leading advisory said its currency had shed 58% of its value in the first quarter.It was a continuation of negative dev...Published: 14 Apr 2023 at 19:48hrs | 2171 | by Staff reporter
'Inflation is not on paper, you feel it'
Reserve Bank of Zimbabwe governor John Mangudya says inflation is "felt" by consumers and not on paper, as official statistics are being challenged by independent experts.For years, the Zimbab...Published: 10 Apr 2023 at 07:28hrs | 467 | by Staff reporter
US Dollars replaces Zimbabwe's currency for second time
The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local unit.US do...Published: 07 Apr 2023 at 10:20hrs | 1530 | by Staff reporter
What's there to 'investigate' in Al Jazeera lies?
IF the Zanu-PF regime was a soccer player, it would be the top goalscorer.The prolific goalscoring would unfortunately not be into opponents' nets, but into their own net.That is what ...Published: 07 Apr 2023 at 10:19hrs | 1032 | by Tendai Ruben Mbofana
What does Zim govt now want to 'investigate' when they've already dismissed Al Jazeera exposé as lies?
If the Zimbabwe regime were a soccer player, he would be the highest goal scorer!Although, not known for his prolific scoring against opponents - but, into his own net (own goals)!That...Published: 05 Apr 2023 at 12:34hrs | 1203 | by Tendai Ruben Mbofana
Gold Mafia: Zimbabwe government should rethink its policies!
The Exposé, a documentary by Al Jazeera International, of what it calls the Zimbabwe Gold Mafia does not come as a surprise to journalists in Zimbabwe.The looting of Zimbabwe's sovereign mine...Published: 02 Apr 2023 at 11:04hrs | 268 | by Kenneth Mufuka
Zimbabwe manufacturing sector on rebound
The Reserve Bank of Zimbabwe (RBZ) says the country's manufacturing sector is on a massive expansion push after consuming roughly 70% of all foreign currency injected into the economy last year....Published: 02 Apr 2023 at 11:02hrs | 171 | by Staff reporter
Zimbabwe stockpiles 350kg of gold after new policy
THE Reserve Bank of Zimbabwe (RBZ) has stockpiled more than 350 kilogrammes of gold collected under a new law compelling companies mining gold, diamonds, lithium and platinum group of metals (PGMs) to...Published: 02 Apr 2023 at 11:00hrs | 195 | by Staff reporter
Shady characters around Mnangagwa
SPOTLIGHT seems to bring out the best and worst of people, and sometimes their true colours. Self-proclaimed prophet Uebert Angel is among people caught off-guard by the four-episode Al Jazeera docume...Published: 01 Apr 2023 at 07:36hrs | 2616 | by Staff reporter
Reserve Bank of Zimbabwe slashes policy rate
THE Reserve Bank of Zimbabwe (RBZ) yesterday slashed its policy rate further to 140%. The policy rate had been pegged at 150% at the beginning of the year, from 200% before.Analysts said the m...Published: 31 Mar 2023 at 17:55hrs | 602 | by Staff reporter
Another Gold Mafia exposé airs
PRESIDENT Emmerson Mnangagwa's ambassador-at-large, Uebert Madzanire, alias Uebert Angel has told his followers to attack individuals who accuse him of gold smuggling and money laundering, following a...Published: 31 Mar 2023 at 07:49hrs | 1610 | by Staff reporter
Zimbabwe forex inflows breach US$1,78 billion mark
ZIMBABWE has received US$1,78 billion in foreign currency receipts in the first three months of this year, 31% up from the same time last year, central bank governor John Mangudya has said.Dur...Published: 31 Mar 2023 at 07:46hrs | 370 | by Staff reporter
Chamisa's MP wants govt to probe RBZ
AN OPPOSITION legislator yesterday called on Parliament to direct government to investigate Fidelity Printers and Refineries and the Reserve Bank of Zimbabwe (RBZ) after they were cited for facilitati...Published: 30 Mar 2023 at 06:38hrs | 519 | by Staff reporter
Mnangagwa spokesman threatens media arrests over Gold Mafia coverage
President Emmerson Mnangagwa's spokesman George Charamba has warned that "there is a limit to provocation we can take", raising the prospect of media arrests over the reporting of the Al Jazeera 'Gold...Published: 29 Mar 2023 at 07:50hrs | 2397 | by Staff reporter
Al Jazeera documentary on Zimbabwe's gold mafia won't change anything
THE whole hullabaloo about illicit gold is plain codswallop and balderdash.The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearl...Published: 28 Mar 2023 at 06:51hrs | 988 | by Chris Mutsvangwa
Mangwana under fire
INFORMATION and Broadcasting Services secretary Ndavaningi ‘Nick' Mangwana has attracted brickbats after indirectly defending alleged gold smuggling exposed in Al Jeezera's documentary Gold Mafia: T...Published: 28 Mar 2023 at 06:49hrs | 1325 | by Staff reporter
The whole gold hullabaloo about Zimbabwe illicit gold is plain codswallop and balderdash
The whole gold hullabaloo about illicit gold is plain codswallop and balderdash. The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearly ...Published: 26 Mar 2023 at 20:33hrs | 2272 | by Ambassador Christopher Mutsvangwa
Mnangagwa's spin doctors rattled by Al Jazeera exposé
THE Al Jazeera documentary which exposed how people close to President Emmerson Mnangagwa are involved in gold smuggling and money laundering has torched a storm, with citizens openly expressing anger...Published: 26 Mar 2023 at 20:28hrs | 5124 | by Staff reporter
Mnangagwa likely to feature in Al Jazeera exposé episode two
AL JAZEERA finally dropped its explosive documentary exposing how hundreds of millions worth of gold was being smuggled out to Dubai by a well knit circle of high ranking officials who include Ambassa...Published: 23 Mar 2023 at 19:50hrs | 2967 | by AFP
Mnangagwa throws Prophet Uebert Angel under the bus
PRESIDENT Emmerson Mnangagwa has reportedly thrown under the bus his ambassador-at-large, Uebert Madzanire, alias Uebert Angel, as it emerged yesterday that he is under investigation for alleged money...Published: 23 Mar 2023 at 06:23hrs | 20705 | by Staff Writer
Zimbabwean man found with 23 gold bars at airport fined R40,000 only
A Zimbabwean man found with 23 gold bars concealed in a box of whisky at South Africa's OR Tambo International Airport has been sentenced to a fine of R40 000 or two years' imprisonment....Published: 19 Mar 2023 at 07:48hrs | 1193 | by Staff reporter
Demand for Zimdollar still high
ZIMBABWE'S central bank says demand for the local currency remains high despite increased use of foreign currency across economic sectors.The country legalised the dual monetary system to tame...Published: 17 Mar 2023 at 18:59hrs | 1671 | by Staff reporter
Jitters over Al Jazeera exposé telling
GOOD day President Emmerson Mnangagwa,Your Excellency, rarely has Zanu-PF and the said new dispensation been in jitters as they are now. Contrary to their characteristic obstinacy, they are un...Published: 15 Mar 2023 at 06:53hrs | 1612 | by Cyprian M Ndawana
Zimdollar collapse raises concerns
THE Zimbabwe dollar's continued depreciation against the United States dollar has made the macroeconomic climate "volatile", amid an over 30% fall of the Zimbabwe dollar against the greenback th...Published: 13 Mar 2023 at 09:16hrs | 3675 | by Staff reporter
Mangudya warns against forex loans
In a situation where there is little foreign currency in the market despite the banking sector having US$2,5 billion in nostro deposits, Reserve Bank of Zimbabwe governor John Mangudya has warned agai...Published: 12 Mar 2023 at 06:37hrs | 4796 | by Staff Reporter
Did the army really removed criminals who were surrounding Robert Mugabe?
In light of Aljazeera revelations, the new dispensation has been found at an uncomprising position and with the Reserve Bank of Zimbabwe giving long angry statements exposing the whole Zanu PF governm...Published: 09 Mar 2023 at 08:06hrs | 997 | by Leonard Koni
Mangudya has nothing against Al Jazeera
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says he has "nothing against" Al Jazeera over a yet to be premiered exposé on money laundering involving the country's gold.Qatar-based S...Published: 08 Mar 2023 at 05:32hrs | 661 | by Staff reporter
Sanctions on Zimbabwe are through ZIDERA and augmented by OFAC
ZIMBABWE remains under a punitive regime of economic sanctions that have negatively impacted the movement of funds and trading capabilities in the past two decades, Reserve Bank of Zimbabwe (RBZ) Gove...Published: 08 Mar 2023 at 05:28hrs | 334 | by Staff reporter
RBZ frets over Al Jazeera graft exposé
THE Reserve Bank of Zimbabwe (RBZ) has threatened to sue international news channel Al Jazeera if its much-anticipated documentary, which will potentially expose high-level graft in government, proves...Published: 07 Mar 2023 at 05:27hrs | 1379 | by Staff reporter
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