By Fin24.com CENTRAL bank governor Dr John Mangudya has admitted prejudicing the country’s exporters by exchanging their US dollar earnings at parity with the local bond note, when rates on the parallel market were at a 400% premium. Since the southern African country introduced its local surrogacy currency, the bond note, in 2016, it had
By Mary Taruvinga FRAUD accused Shuvai Gumbochuma, sister to former First Lady Grace Mugabe, may find herself escaping trial after prosecutors on Friday hinted they could withdraw her charges. She faces three counts of fraud after she allegedly used her connections to then Local Government Minister Saviour Kasukuwere to illegally acquire a vast piece of
By Kingston Ndabatei PRESIDENT Emmerson Mnangagwa surprisingly turned up in neighbouring South Africa Thursday to attend an outreach meeting organised for African leaders by the BRICS group. The group brings together five major emerging economies – Brazil, Russia, India, China and South Africa. The Pretoria government’s department of international relations and cooperation (DIRCO) released a
By Staff Reporter A TOP prison officer who was fired in 2015 after allegedly calling then First Lady Grace Mugabe a dog, has lost an appeal against his dismissal at the High Court. Before the dismissal, Ruben Zimondi was a superintendent with the Zimbabwe Prisons and Correctional Services (ZPCS) and officer-in-charge of Mutare Remand Prison.
By Bloomberg News ZIMBABWE’S main opposition party has begun negotiations with the ruling party about how to resolve the nation’s political crisis, despite its leader refusing to take part in talks convened by President Emmerson Mnangagwa, people familiar with the situation said. The talks may help ease social tensions a month after a crackdown by
By BBC.com LONDON: A Zimbabwean carer who has been a UK resident for the past 12 years says she fears persecution if she is deported. Siphiwe Moyo wanted to escape violence as she was a member of the opposition party Movement for Democratic Change. She has cared for quadriplegic patient Yvonne Gade from Trull, Somerset,
By Kingston Ndabatei FORMER President Robert Mugabe will likely spend another relatively lonely birthday after it emerged that authorities had no plans to spoil the former Zanu PF leader as had become the norm during his near four-decade rule. Mugabe, who turns 95 this Thursday, was deposed from power by a military coup in November
By Mary Taruvinga ACTIVIST cleric Evan Mawarire ramped up pressure on prosecutors Wednesday after his treason trial failed to take off. Through his lawyer, the cleric gave the State a notice to challenge further remand on his next court appearance if not given a trial date. “The accused called for peaceful protests and encouraged Zimbabweans
By Mary Taruvinga THE officer-in-charge at Borrowdale Police Station, Simbarashe Sibanda, 40, will spend the next three years in jail after he was convicted for scalding his girlfriend with boiling water during a dispute over meat. Harare magistrate Jessie Kufa on Wednesday sentenced Sibanda to four years’ imprisonment and suspended on conditions. Sibanda was convicted
By Kingston Ndabatei IN a move that could raise fears of a fresh crackdown, the Zimbabwe National Army (ZNA) has said it will flush out “rogue members of society” using military regalia and other material that resembles army gear. In a statement Wednesday, the ZNA urged members of the public to surrender such material either to
THE central bank is considering devaluing its quasi-currency as part of a raft of reforms to the nation’s foreign-exchange system, according to a central bank official. Depreciating the so-called bond notes would be an acknowledgment that the official one-for-one exchange rate is no longer sustainable. It would also mark the second major overhaul to Zimbabwe’s
By Staff Reporter NEW amendments to the Public Order and Security Act (POSA) will compel the President to inform parliament on army deployments to assist police in dealing with civil unrest. This was said by Information and Publicity Minister Monica Mutsvangwa while briefing the media on Tuesday’s cabinet deliberations. They include the approval of the
By Idah Mhetu LATE renowned author Charles Mungoshi was Tuesday laid to rest at Mungoshi homestead, rural Chivhu in a ceremony that was attended by hundreds of mourners including his colleagues within the country’s arts industry. Addressing mourners during the solemn event, former Industry and Commerce Minister Mike Bimha said his wish, together with those
By Kingston Ndabatei SOUTH AFRICAN President Cyril Ramaphosa is heading to Harare next month as his government continues to lobby for the complete scrapping of western imposed sanctions on Zimbabwe. This was revealed Tuesday by South Africa’s International Relations Minister, Lindiwe Sisulu who said Zimbabwe’s economy has been constrained by sanctions. “We are preparing for
By Leopold Munhende PRESIDENT Emmerson Mnangagwa had time to visit his Sherwood farm in Kwekwe Sunday but could not spare a few moments to make a stop at the scene for last week’s tragic mine disaster in Kadoma where dozens of artisanal miners perished. A day before, Mnangagwa had told his followers during a ‘thank-you’
By Kwekwe Correspondent MINERS have called on government to establish rescue teams that would be on standby in each province in cases of mine related disasters which continue to claim many lives. This comes in the wake of the death of dozens of artisanal miners in two disused Kadoma mines a week ago. Following the
By Mary Taruvinga MDC top official and MP, Tendai Biti has vowed to appeal against his Monday conviction and sentence while insisting he was not a criminal. Biti, who was accused of announcing results of last July’s elections in violation of the country’s electoral laws, was given a suspended six month jail term by Harare
By Mashonaland East Correspondent THE government has parceled out loads of goods seized by the Zimbabwe Revenue Authority (ZIMRA) to villagers in Uzumba Maramba-Pfungwe (UMP), an area that has consistently given Zanu PF the biggest vote during elections. The goods, worth thousands of dollars, were donated to over 600 villagers in the Mashonaland East area.
By Matabeleland North Correspondent VICTORIA Falls: Another body was Saturday retrieved from the Zambezi River as four Zambians were feared dead after being swept away while fishing illegally on the river. Zambian police activated their Zimbabwe counterparts after six fishermen from Livingstone drowned when a speedboat overloaded with 13 people capsized near Kazungula, about 80km
By News24.com SOUTH African authorities have seized a million-dollar private jet belonging self-proclaimed prophet Shepherd Bushiri amid claims documents purporting that he used a loan to acquire thee aircraft were fabricated. Malawi-born Bushiri and his wife, Mary, were earlier this month arrested on allegations of fraud, money laundering and contravening South Africa’s exchange control regulations.