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Zimbabwe hikes overnight lending rate to 50%

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After ending dollarisation. ......

Le pays interdit les transactions en devises �trang�res

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Le Zimbabwe veut redonner du cr�dit � sa monnaie nationale, depuis ce lundi 24 juin, avec l'interdiction annonc�e des transactions en monnaies �trang�res, dont le dollar am�ricain. Ces transactions, �taient autoris�es au Burkina, depuis dix ans, mais ont toujours pein� le pays � sortir de la crise �conomique. ......

Kushner Launches Middle East Peace Plan

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Plus: Ethiopia grapples with the aftermath of an attempted coup, Iran won’t negotiate with the U.S., and the other stories we’re following today. ......

Le Zimbabwe interdit les devises étrangères

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Depuis 2009, il était possible au Zimbabwe de régler ses dépenses au supermarché, acheter de l’essence, ou encore ses factures à l’hôpital en devises étrangères, notamment en dollars américains . Mais depuis ce lundi ce pays d’Afrique australe vient d’interdire ces transactions. ......

Companies Adopt Aggressive Export Strategies to Secure U.S.$ Revenue

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THE critical foreign currency shortages obtaining in the economy have pushed companies to increase export sales and push up foreign currency earnings going forward in a move aimed at achieving self-sustenance and real growth. ......

Zimbabwe: Mawarire, Mutasa Benefit From Prosecution Boob

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The trial of Evan Mawarire of the shadowy group #ThisFlag campaign and Zimbabwe Congress of Trade Unions (ZCTU) president Peter Gift Mutasa yesterday hit a brick wall after the prosecution indicated it had erroneously referred the case to the Regional Court. ......

Mixed Fortunes for Underdogs At Africa Cup of Nations

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Uganda registered their first win at the Africa Cup of Nations for more than four decades with a 2-0 victory over Democratic Republic of Congo to take the lead of Group A. Patrick Kaddu and Emmanuel Okwi scored in each half for Uganda at a deserted Cairo International Stadium. ......

Zimbabwe: Tables Turn Against Matutu Over Corruption List

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Zanu-PF Secretary for Youth League Lewis Matutu's move to expose party members and business people allegedly involved in illegal foreign dealings and corruption has backfired amid accusations that he is extorting bigwigs threatening to expose them on alleged corruption dealings. ......

Multi-Currency Ditch Meant to Protect Civil Servants, Says Ncube

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Finance Minister, Mthuli Ncube has defended government's shock abandonment of the multi-currency system, adding this was also inspired by the need to protect civil servants from local businesses that were now demanding foreign currency for goods and services. ......

Chinotimba Corners Chinese Firm Over Nuts Debt

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Buhera South legislator Joseph Chinotimba has moved to attach a property belonging to a Chinese owned firm, Sunny Zimbabwe International in order to recover $US65 755 debt for supplied macadamia nuts. ......

Ruling Party Youth League Accuses Top Officials of Corruption

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Zanu-PF's militant youths Monday vowed to block party secretary for administration Obert Mpofu from accessing his office at the party headquarters accusing the former cabinet minister and MP of being part of a thick network of corrupt individuals linked to the ruling party. ......

Headmaster Falls From Avocado Tree, Dies

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Marondera -A school headmaster here died on the spot Sunday afternoon after falling from an avocado tree at his home while fetching the fruits he intended to go sell at his school. ......

Children See HIV a Better Risk Than Hunger, Says Child MP

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A JUNIOR member of parliament has admitted Zimbabwean minors were prepared to contract HIV/Aids by offering themselves to older sex partners for as long as they were guaranteed of receiving money to buy food. ......

Zimbabwe: Garry Mapanzure Abandons UK Tour

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Rising musician, Garry Mapanzure who was billed to perform at this year's Jive Festival in the United Kingdom in a week, has cancelled the trip. ......

Only RTGs Dollars Are Legal Tender - Bill Watch 32 / 2019

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This morning an important statutory instrument was published in a Government Gazette Extraordinary: the Reserve Bank of Zimbabwe (Legal Tender) Regulations, 2019 (SI 142 of 2019). ......

Zimbabwe: Macheso Band Members Assault Motorist

Youth League Demands Explanation of Roads Parastatal Scandal

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The Zanu PF Youth League has demanded an explanation from National Assembly Speaker Jacob Mudenda on the Zimbabwe National Road Administration (Zinara) scandal in which hundreds of thousands of dollars were allegedly siphoned by the parastatal's bosses. ......

Mnangagwa Blasts Cites Ban On Wildlife Trade

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President Emmerson Mnangagwa has castigated the Convention of International Trade in Endangered Species (Cites) for banning trade on wildlife products saying this has left Zimbabwe sitting on an idle US$600 worth of ivory. ......

Farmers Urged to Grow Fruit

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ZIMTRADE is coordinating horticulture farmers in Manicaland to grow fruits that are in high demand on the international market, in a bid to increase exports. ......

Zimbabwe: Bank Told to Engage Rural Women

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Mashonaland West Provincial Affairs Minister Mary Mliswa-Chikoka has called on the Women's Bank officials to be impartial in the allocation of loans by ensuring they do not benefit those already in business, but also the unemployed and rural women. ......
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