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Zimbabwe’s central bank, the Reserve Bank of Zimbabwe, is taking steps to ensure sufficient local currency, the ZiG, remains in circulation to support normal business transactions and economic activity. The RBZ has announced a new arrangement with Homelink to widen public access to ZiG cash, leveraging Homelink’s existing branch network across the country. Starting Monday, […]
Five people died in the eThekwini metro as a result of heavy rains that were accompanied by strong wind and hail storms, which battered parts of KwaZulu-Natal. The storms also caused extensive damage to households and infrastructure in the province. Dozens of people were being treated for injuries in healthcare facilities, the provincial government said. […]
President Emmerson Dambudzo Mnangagwa addressed the Korea-Africa Summit at the Korea International Exhibition Centre (KINTEX), emphasizing Zimbabwe’s commitment to global cooperation and development. The President reiterated Zimbabwe’s stance as a friend to all and an enemy to none, despite facing unwarranted sanctions from Western countries for 23 years. President Mnangagwa highlighted the contradictions between these […]
The Minister of Industry and Commerce, Honorable Nqobizitha Mangaliso Ndlovu, recently visited SAZ standards Laboratories to inspect the facilities and operations that enable industries to meet the highest quality and safety standards. During the tour, Minister Ndlovu highlighted the crucial role of standards in promoting quality and competitiveness in local industries. The Minister stressed the […]
South Africans went to the polls on Wednesday in a general election that saw over 50 parties vying for seats in the National Assembly. Polling stations opened on Wednesday morning across the country, where at least 11 other independent candidates were also contesting for seats in different legislatures. More than 27 million people were registered […]
El Niño’s grip on Matabeleland South province has tightened the economic screws on Plumtree women as the drought has devastated the harvest of mopane worms, a critical source of income for many. For them, mopane worms, or amacimbi, are more than dietary supplements as they fuel the local economy. Women in Plumtree communities traditionally harvest, […]
The government is cracking down on illegal foreign currency trading and stepping up enforcement of exchange rate regulations after the Ministry of Finance, Economic Development and Investment Promotion has empowered the central bank’s Financial Intelligence Unit (FIU) with additional resources to more effectively target violators. Since the introduction of the new ZiG currency in April, […]
President Emmerson Dambudzo Mnangagwa recently toured and officially commissioned a state of the art Baker’s Inn plant in Bulawayo. The plant, which has a production capacity of 160 000 loaves a day, is set to serve the Southern region of the country. Speaking during the commissioning ceremony, President Mnangagwa said the investment of USD30million by […]
The Minister of Finance, Investment Development, and Promotion, Professor Mthuli Ncube, officiated a significant event today as he presented state-of-the-art ICT equipment to Mosi oa Tunya High School. During a formal handover ceremony, Professor Mthuli Ncube emphasized that this donation epitomizes President Emerson Mnangagwa’s inclusive vision, which advocates for leaving no one and no place […]
With his suave, urbane demeanour, decades worth of political experience and significant role in the anti-apartheid movement, one would expect Cyril Ramaphosa to confidently land a second term as South Africa’s president. But pollsters predict that in elections later this month, Mr Ramaphosa’s African National Congress (ANC) could get less than 50% of the vote […]
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