Africa Business Southern Africa World Zimbabwe 

Zimbabwe to roll out new bank notes in November

Zimbabwe’s central bank has said that the country’s new bank notes and coins will be in circulation in November this year. The Zimbabwe dollar currency was re-introduced this year after the country abandoned the US dollar as its official currency. This was to stabilize Zimbabwe’s economy which is still struggling to survive and currently in crisis. Zimbabwe’s President, Emmerson Mnangagwa in June said his country needed another new currency by end of year. He argued that this would help stabilise prices and inflation. Zimbabwe’s central bank governor John Mangudya told…

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Africa Southern Africa World Zimbabwe 

US imposes sanction on Zimbabwe’s security minister

The United States has imposed sanctions on Zimbabwe’s state security minister, Owen Ncube. Owen Ncube is accused by the US government of being involved in “gross violations of human rights.” U.S. Secretary of State Mike Pompeo said in a statement on Friday that the “Zimbabwean government’s use of state-sanctioned violence against” protesters, opposition leaders and labor leaders. The statement further noted that the US government “has credible information that Owen Ncube was involved in gross violations of human rights in his capacity as Zimbabwe’s Minister of State for National Security.” “We…

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Africa Southern Africa World Zimbabwe 

Zimbabweans march to demand end to foreign sanctions

Zimbabweans led by their president, Emmerson Mnangagwa marched on Friday across major cities to demand an end to foreign sanctions. The government a few months ago launched a campaign to make unpopular what it considers foreign sanctions that have crippled the economy. Government officials including the President insist that sanctions particularly from the United States of America have made it impossible for any major progress to be achieved in growing and rebuilding the Zimbabwean economy. For over two decades Zimbabwe has struggled to rebuild its economy and sanctions have been…

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Africa Southern Africa World Zimbabwe 

Zimbabwe’s anti-sanctions campaign divides opinions

Zimbabwe’s government has launched a campaign to make unpopular what it considers foreign sanctions that have crippled the economy. Government officials and the ruling party, the Zanu-PF leaders have been projecting messages across all major media platforms including social media about the impact of these sanctions. They insist that sanctions particularly from the United States of America have made it impossible for any major progress to be achieved in growing and rebuilding the Zimbabwean economy. This has been the mantra under the late Robert Mugabe who attacked the West of…

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Africa Southern Africa World Zimbabwe 

Mnangagwa says Zimbabwe’s economy is “dead”

Zimbabwe’s President Emmerson Mnangagwa has described his country’s economy as “dead” as he promises to bring it back to life. On Tuesday Mnangagwa told the country’s parliament that Zimbabweans will have to be patient with him whiles he works hard to bring the economy back from the “dead”. Zimbabwe is facing serious economic challenges with surging inflation and lack of physical cash for business transactions. After taking over from the late Robert Mugabe in 2017, many had hoped for better economy and significant transformation. But it has been tough moments…

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Africa Business Southern Africa World Zimbabwe 

Zimbabwe bans mobile money cash transactions

Zimbabwe’s central bank has banned mobile money agencies from facilitating cash withdrawals or deposits. The southern African nation is struggling to deal with a worsening economic crisis and cash shortages. Only very few banks are able to provide depositors with physical cash. Zimbabweans have now resorted to mobile money agencies who are reportedly selling cash at a premium illegally. In  a statement the central bank said “Some economic agents are engaging in illegal activities, abusing the cash-in, cash-out and cash-back facilities thereby compromising the public interest objectives of national payment…

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Africa Southern Africa World Zimbabwe 

Robert Mugabe finally buried in hometown of Kutama

Zimbabwe’s former President Robert Mugabe has been laid to rest in his hometown rural village of Kutama. The former President who died at the age of 95 was interred at his Kutama Mission homestead in Zvimba alongside his late mother, Bona, and brothers — Albert and Donato. The burial of Mugabe’s body delayed after a state funeral was held on September, 14 because of the row over his resting place. The Zimbabwean government had insisted that the remains of the ex-President be interred at the Heroes Acre – a national…

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Africa Southern Africa World Zimbabwe 

Zimbabwe’s Mugabe will now be buried in hometown

The family of former Zimbabwean leader Robert Mugabe has said he will now be buried in his hometown of Zvimba following a row with the government. The body of Mr. Mugabe aged 95 has not been buried after his funeral was held on September, 14 because of the row over his resting place. The Zimbabwean government had insisted that the remains of the ex-President be interred at the Heroes Acre – a national monument and burial ground. But the family has opposed the decision, insisting that was not the wish…

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Africa Featured Southern Africa World Zimbabwe 

Zimbabwe’s ex-President Mugabe died of cancer

The cause of death of Zimbabwe’s former President Robert Mugabe has been revealed by the current President, Emmerson Mnangagwa. Mugabe is reported to have died from cancer after his chemotherapy treatment was stopped. Local state-run Herald newspaper quoted his successor Emmerson Mnangagwa as saying that “In fact, when we discussed about the issue, it turned out that treatment had stopped. He told Zanu PF supporters in New York that “doctors had stopped treatment, chemotherapy, one, because of age and also because the cancer had spread and it was not helping…

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Africa Southern Africa World Zimbabwe 

Zimbabwe: Abducted doctor found but disoriented

A leader of a doctors’ union in Zimbabwe, Peter Magombeyi who was abducted a few days ago has now been found. Local media reported that Peter Magombeyi was left near the capital by his abductors but in a disorientated state. He is however in good health, according to a doctor colleague who spoke to the BBC. His colleague doctors and other union officials had feared for his life. They had suspected he could have been abducted by the security forces. They staged a protest this week and stayed away from…

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