Zimbabwe News | Latest Updates and Insights | Report Focus News

Zimbabwe Introduces New Gold-Backed Currency: ZiG Notes and Coins

In a bold move aimed at stabilizing the nation’s economy, Zimbabwe has introduced a new domestic currency backed by gold reserves and valuable minerals. The Presidential Powers (Temporary Measures) Statutory Instrument 60 of 2024. S.I. 60 of 20 (Zimbabwe Gold Notes and

April 5, 2024

Money & Finance·Zimbabwe

Economists Raise Concerns Over Efficacy of Structured Currency in Combating Zimbabwe’s Hyperinflation

As Zimbabwe anticipates the introduction of a new structured currency, economists caution that while it may diversify saving avenues for citizens, it may not sufficiently tackle the nation’s hyperinflation crisis. The crux of the issue lies in governmental manipulation of financial mechanisms.

April 5, 2024

Madzibaba Ishmael Chokurongerwa 1200x670

Crime·Zimbabwe

Harare High Court Rejects Bail Appeal for Madzibaba Ishmael

The Harare High Court today delivered its verdict on the bail appeal of Madzibaba Ishmael Chokurongerwa, the 54-year-old leader of the Johanne Masowe eChishanu Apostolic religious sect, affirming the decision to keep him in custody. Chokurongerwa’s appeal was part of a broader

April 4, 2024

Zimbabwe

Zimbabwe Donates $500,000 to Palestine Amidst Ongoing Gaza Crisis

The Zimbabwean government has announced a donation of US$500,000 to aid the Palestinian people, funneling the funds through the United Nations Relief and Works Agency (UNRWA), in a bid to alleviate the ongoing humanitarian crisis in the Gaza Strip. Authorized by President

April 4, 2024

timboon coaches bus burnt to a shell all passengers escape unhurt

Zimbabwe

Twenty Passengers Escape Unharmed as Bus Catches Fire on Harare-Chirundu Highway

Wednesday witnessed a narrow escape for twenty passengers aboard a Timboon Coaches bus after it developed a suspected electrical fault and burst into flames along the Harare-Chirundu Highway. The Zimbabwe Republic Police (ZRP) confirmed the incident, which took place at the 180-kilometer

April 4, 2024

Business·Zimbabwe

POSB Pauses Privatization Plans: Awaits Further Guidance

The People’s Own Savings Bank (POSB) has halted its planned partial privatization as it awaits additional direction from its shareholder. Initially set for completion by the end of 2023, the partial privatization forms part of the government’s broader strategy to reform underperforming

April 4, 2024

Zanu PF party was denying food handouts to opposition party supporters

Zimbabwe

Critics Slam Zanu-PF’s Threat to Politicize Food Aid

July Moyo, the Local Government minister, faces criticism for his warning to potentially expel food aid agencies suspected of lacking political alignment with Zanu-PF supporters. In light of the El Niño-induced drought gripping Zimbabwe, aid agencies play a crucial role in reaching

April 4, 2024

Malawian Ambassador to Zimbabwe, Mr. Mayiwayo Polepole, commended President Mnangagwa administration for its decision to grant citizenship to individuals of Malawian origin whose nationality had long been uncertain.

Malawi·Zimbabwe

Zimbabwe Grants Citizenship to Malawian Descendants

The Malawian Ambassador to Zimbabwe, Mr. Mayiwayo Polepole, commended President Mnangagwa’s administration for its decision to grant citizenship to Malawian descendants origin whose nationality had long been uncertain. Ambassador Polepole expressed gratitude for President Mnangagwa’s leadership, emphasizing the close bilateral ties between

April 4, 2024

Zimbabwe

Goat thief carrying buckets full of meat apprehended by police

A suspected goat thief stood before Plumtree Magistrates Court on Friday after authorities caught him with buckets full of stolen meat. Mduduzi Tshuma (26) pleaded guilty and the court remanded him in custody for sentencing tomorrow. Prosecutor Selestine Madziwa alleged that on

April 3, 2024

Crime·Zimbabwe

High Court Upholds Default Judgment Against Tendai Biti in Defamation Case

Justice Gladys Mhuri of the High Court dismissed an application by lawyer Tendai Biti, seeking the rescission of a default judgment against him in a defamation lawsuit initiated by Augur Investments. This decision marks a pivotal moment in the legal battle involving

April 3, 2024

Zimbabwe - Page 8

Zimbabwe Introduces New Gold-Backed Currency: ZiG Notes and Coins

Economists Raise Concerns Over Efficacy of Structured Currency in Combating Zimbabwe’s Hyperinflation

Harare High Court Rejects Bail Appeal for Madzibaba Ishmael

Zimbabwe Donates $500,000 to Palestine Amidst Ongoing Gaza Crisis

Twenty Passengers Escape Unharmed as Bus Catches Fire on Harare-Chirundu Highway

POSB Pauses Privatization Plans: Awaits Further Guidance

Critics Slam Zanu-PF’s Threat to Politicize Food Aid

Zimbabwe Grants Citizenship to Malawian Descendants

Goat thief carrying buckets full of meat apprehended by police

High Court Upholds Default Judgment Against Tendai Biti in Defamation Case

Send News

Suggestions

Zimbabwe - Page 8

Send News