Approximately 1,300 White Zimbabwean commercial farmers, whose land was seized in the early 2000s, have signed up for compensation, which will be issued in 10-year treasury bills, according to a …
Zimbabwe
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LOCAL NEWS
Zimbabwe Awaits POTRAZ Assessment for Starlink’s Operation Amid Legal Controversies
by Kells Dzivaby Kells DzivaThe Minister of Information Communication Technology, Postal and Courier Services, Tatenda Mavetera, announced that the government is waiting for the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) to finalize …
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LOCAL NEWS
Zimbabwe’s New Currency, ZiG, Faces Rejection as Local Businesses Struggle for Foreign Currency
by Kells Dzivaby Kells DzivaLocal businesses are facing challenges in accessing foreign currency from banks to finance the purchase of necessary inputs for production. This situation may lead to widespread rejection of the country’s …
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LOCAL NEWS
United Nations Seeks US$430 Million For Drought-hit Zimbabwe
by Kells Dzivaby Kells DzivaThe United Nations humanitarian agency has launched an appeal for $430 million to feed 3.1 million Zimbabweans who are in urgent need of food aid after the country’s worst drought …
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LOCAL NEWS
Zimbabwe’s Bond Notes Still Legal Tender, No Longer Expiring
by Kells Dzivaby Kells DzivaThe Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, has announced that the Zimbabwe dollar (ZWL) is still legal tender. Speaking this morning on Star FM, the Governor said …
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Fungai Zvirawa Appointed as CEO of Zimbabwe Music Awards The Zimbabwe Music Awards (ZIMA) has appointed Fungai Zvirawa as its new Chief Executive Officer. With over a decade of experience …
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LOCAL NEWS
Zimbabwe holds rates steady at 20 percent as new ZiG notes hit the streets
by Kells Dzivaby Kells DzivaHARARE – Zimbabwe’s central bank kept its benchmark interest rate unchanged at its first policy meeting since unveiling the gold-backed currency, the ZiG. Governor John Mushayavanhu said in a statement …
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BUSINESS NEWS
As Zimbabwe Starts Circulating Its Structured Currency: Here Are a Few Things to Know!
by Kells Dzivaby Kells DzivaHarare, Zimbabwe | As Zimbabwe moves to start circulating the newly launched structured currency, here is what our reporters learned. In response to the persistent challenges faced by Zimbabwe’s economy, …
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Maverick City Music Coming to Zimbabwe American gospel sensation, Maverick City, is set to grace Zimbabwean shores with their Kingdom Tour this August, promising an unforgettable experience for gospel music …
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LOCAL NEWS
Zimbabwean Fraud Kingpins Sentenced to 205 Years for Defrauding SARS Over R100m
by Kells Dzivaby Kells DzivaIn a significant legal development, the High Court of South Africa, Gauteng Division, Johannesburg, has handed down a landmark ruling, sentencing a notorious Value Added Tax (VAT) fraud syndicate to …