News Headlines

News Headlines

Dr John Mangudya

Exchange Rate: RBZ chief says guilty as charged on robbing exporters

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

Shuvai Gumbochuma (centre)

State to abandon Grace Mugabe sister’s fraud trial

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

President Emmerson Mnangagwa

President Mnangagwa in South Africa

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

Siphiwe Moyo

UK: Care worker fears torture over Zimbabwe deportation

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,

Married police boss scalds lover with boiling water in row over meat; jailed for three years

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

Fresh crackdown fears as army vows ‘snap search for uniforms’

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

RBZ governor John Mangudya

Govt Considering Devaluing Bond Notes, Official Says

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

New law compels President to report army deployments to parliament

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

Renowned author Charles Mungoshi laid to rest, music gala planned in his honour

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

Cyril Ramaphosa

Ramaphosa heads for Harare as he ups push for sanctions removal

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

Mnangagwa visits Kwekwe farm, ignores nearby mine disaster scene

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’

Kadoma disaster: Miners urge setting up of standby rescue teams

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

Tendai Biti

Biti to appeal conviction and sentence, says not a ‘criminal’

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

Minister Sekai Nzenza

Government donates seized second hand clothes to Zanu PF supporters

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.

Body of drowned fisherman found near Victoria Falls Hotel; three still missing after boat capsized

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

SA authorities seize Bushiri’s private jet; loan deal fabricated

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.