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| 2024-04-19 19:26:00 | *CSOs Call For Reforms On Independence Day* CIVIL society organisations (CSOs) have called on government to enact crucial reforms essential for transparent and credible elections as the country celebrated 44 years of independence yesterday. Zimbabwe has a history of disputed elections since the emergence of a major opposition political party after the 1987 Unity Accord. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Several organisations yesterday called on the government and political parties to establish an environment conducive to upholding the basic tenets of democracy. In a statement yesterday, the Zimbabwe Election Support Network (Zesn) called on the government and all electoral stakeholders to reconsider proposals it submitted and those made by other CSOs. “This call comes against the backdrop of the 2023 harmonised elections, which were conducted without significant electoral reforms. “Although in 2022, the Zimbabwean government made amendments to the Electoral Act through the Electoral Amendment Bill, such as removing the driver’s licence as proof of identity, Zesn believes these changes primarily entailed nominal and administrative reforms, overlooking crucial reforms essential for transparent and credible elections. Substantive electoral reforms, which stakeholders had been advocating for, were omitted from the amendments to the Electoral Act.” The Crisis in Zimbabwe Coalition accused political leaders of straying from the values of the liberation struggle, leaving Zimbabweans with little to celebrate and a lot to fight for. “It is disheartening to note that 44 years after independence, Zimbabwe has had a series of elections with disputed outcomes mainly due to the failure to conform to local, regional and international guidelines on democratic elections,” the watchdog said. In its commemorative statement the Zimbabwe Human Rights Association implored the government to uphold and defend the integrity of the Constitution and respect the political rights of all Zimbabweans. “It is not a secret how Zimbabwe has been struggling with a tattered human rights record since 1980 and how the current socio-economic impasse is an unfortunate result of that. “The ordinary Zimbabwean aspires to enjoy the fruit of peace, unity and development but this can only be achieved after we address the elephant in the room. “Political polarisation, violence, intimidation, arbitrary arrests, corruption, unresolved conflicts and other violations to human dignity, have rendered true unity, peace and development a mirage that can only be chased but never attained.” The Zimbabwe Human Rights Commission (ZHRC) urged the judicial system, civic society groups and the media to unite in a bid to strengthen electoral laws and to inculcate a culture of respect for human rights during and after the independence celebrations. “The ZHRC pledges to continue its mandate to uphold and build a more just and inclusive society. The commission urges the Parliament of Zimbabwe, civic society groups, and the media to continue working together in strengthening electoral laws and in inculcating a culture of human rights respect, and political tolerance, as these are defining tenets of a mature democracy,” the statement read. *AMH* |
| 2024-04-19 12:44:17 | *Bring Currency Manipulators To Book* Currency manipulators-some powerful individuals and companies are on the prowl again at the expense of the economy and indeed at the expense of all and sundry. These are self-defined economic saboteurs. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- And should be brought to book as the exchange rate on the parallel market is rocketing again. We support the move by the Financial Intelligence Unit (FIU) to target people and businesses that are involved in exchange rate manipulation , because we are concerned that speculative behaviour could result in fresh destabilisation of the exchange rate. Apparently, several foreign currency manipulators were this week exposed. Two weeks ago, the opening rate for the new currency was ZiG13.56 per US$1, but parallel market dealers are now trading at ZiG20: US$1. In an effort to fight inflation and stabilize the shaky economy, Dr. John Mushayavanhu, the recently appointed governor of the Reserve Bank of Zimbabwe, abandoned the Zimbabwe dollar and introduced the Zimbabwe Gold (ZiG), which is backed by gold and other precious minerals in addition to foreign exchange reserves. This week, Business Times was informed by Oliver Chiperesa, the director general of the FIU, that the agency is actively enforcing the law that prohibits street foreign exchange vendors. “For our part as FIU we have identified traders, especially wholesalers and manufacturers who are either not accepting ZiG or are putting an unjustified premium on the rate, and we are taking stern action on those. “We have given them a warning to comply by the end of day today (Wednesday) after which we will be freezing their accounts and fining them,” Chiperesa said. He added: “There are also those that are claiming they are still configuring their systems so are not yet accepting ZiG. We have told them that if it’s taking them that long to configure, they should stop trading until they are in a position to accept both currencies.” According to Chiperesa, the intelligence unit keeps an eye on a variety of bank account activities to look for any infractions. *Businesstimes* |
| 2024-04-19 12:44:04 | *Witchcraft Fears As 100 Graves Desecrated In 3 Days At Harare Cemetery* Police are investigating after at least 100 graves were desecrated at Warren Hills Cemetery in Harare. Chief Parks and Cemeteries Officer Godfrey Batsirai Munetsi told ZimLive on Thursday that unknown people have been entering the cemetery at night since Tuesday this week and damaging tombstones. They are yet to establish the motive. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- “We have no concrete leads or the motive behind the desecration of graves but we cannot rule out witchcraft because there are a lot of these that happen during the night in cemeteries,” Munetsi said. “It could be about rituals as evidenced with a previous case at a Mbare cemetery where a mentally deranged man would destroy tombstones with crucifixes only. “We have alerted the police and also continue to monitor because strange movements continue to happen during the night.” The number of damaged graves would suggest it is the work of more than one person, Munetsi said. Zimbabwe National Traditional Healers Association (ZINATHA) president George Kandiero explained that witchcraft cannot be ruled out. “A lot of things happen especially nowadays where people are in a rush for money and power,” Kandiero said. “They can be ordered by sorceresses to destroy graves in order to accumulate power and wealth.” Theresa Nyoni said she installed a tombstone for her late father in December last year and she was distraught to find it damaged. “This is honestly disturbing to see after just four months of the tombstone unveiling,” she told ZimLive. “God will punish these criminals and we are going to get to the bottom of all this.” In Zimbabwe, violating graves or corpses is criminalised under sections 110 and 111 of the Criminal Law (Codification and Reform) Act [Chapter 9:23]. In April 2022, thieves stole thousands of memorial plaques from Warren Hills Cemetery in two months and officials of the Harare City Council overseeing the cemetery said they suspected that the thieves were selling the expensive brass plaques to scrap metal dealers who, in turn, use the brass to make various jewelry items such as rings and bracelets. Some residents speculated that local tombstone sculptors could be behind the desecrations in order to push more clients to their workshops. *ZimLive* |
| 2024-04-19 12:43:42 | *Zesa Clinches 300MW Solar Energy Deal* THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of Zesa Holdings, yesterday signed a power purchase agreement with United Arab Emirates-based energy company Skypower to establish solar power plants that generate 300 megawatts (MW) of energy. The agreeement was signed yesterday in Abu Dhabi at the World Future Energy Summit, which was attended by Energy and Power Development minister Edgar Moyo and officials from his ministry. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- “The solar power plants will directly feed into our national grid,” Moyo said during the signing ceremony. “This collaboration is a beacon of our dedication to enhancing energy security, achieving self-sufficiency and transitioning towards a green economy. “The genesis of this transformative partnership began at COP27 in Sharm El Sheikh, where we signed a memorandum of understanding with Skypower for the development of 500MW of solar power. “Today, we are not just advancing this agreement but also cementing our shared commitment to a sustainable and prosperous future.” Moyo said the solar energy project was a step forward in government’s efforts to combat climate change and reduce carbon emissions to ensure a sustainable planet for future generations. The project involves the construction of three major solar power plants — 100MW solar plant in Manhizhe, Midlands province, 70MW in Mazowe district, Mashonaland Central province and 130MW in Matobo district, Matabeleland South province. ZETDC acting managing director Abel Gurupira said the national grid was prepared to handle this new inflow of solar power. “Our market demand reflects a significant shortfall, which these projects will help alleviate,” he said. “The market is, therefore, ready to take up this power. On financial readiness and cost reflective tariff, ZETDC has established a cost-reflective tariff, ensuring that we have the capacity to pay for the power generated. This financial readiness is key to the sustainable success of the project.” *AMH* |
| 2024-04-19 12:43:16 | *Not Yet Uhuru Says Opposition As Zimbabwe Marks Independence Day* ZIMBABWE’S opposition leaders say the majority of citizens in the country are far from enjoying the benefits of independence whose ethos has been destroyed by the ruling party Zanu PF. The country, Thursday, celebrated its 44th independence day on the backdrop of harsh economic conditions prevailing. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Opposition leader Nelson Chamisa said the independence of the country has benefitted the few elites. “Independence is empty without the dignity and happiness of its beneficiaries. Zimbabwe shall be free and happy in our lifetime!! Independence and freedom can’t be for a few,” said Chamisa. The economic downturn has decimated the salaries of the working class who have been sent into abject poverty. This, Movement for Democratic Change (MDC) leader Douglas Mweonzora, says has betrayed the values of the liberation fight. “The echoes of their bravery still reverberate and reminds us of the principles for which they fought for. “Yet, the promise of independence remains unfulfilled for many. Our beloved Zimbabwe now grapples with social strife, entrenched poverty, rampant corruption, and a disregard for the rule of law. Our nation, once a beacon of hope, now finds itself ensnared in the clutches of tyranny and despair. “We cannot turn a blind eye to the injustices perpetrated in the name of independence. We will not stand idly by as the wealth of our nation is plundered, leaving our people destitute and disenfranchised,” said Mwonzora. *NewZW* |
| 2024-04-19 12:43:01 | *Ncube Summoned To Parliament Over 2009 Pension Losses* FINANCE, Economic Development and Investment Promotion minister Mthuli Ncube has been summoned to Parliament to explain the stalled compensation of pensioners and policyholders for losses incurred between 2008 and 2009 during the days of hyperinflation. Proportional Representation Senator Sesel Zvidzai, said the 2009 move to switch to the use of the United States dollar after the moribund local currency was dumped impacted pensions and insurance policies. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- "I rise on a matter of national interest to talk about the erosion of pensions because of hyperinflation over a lengthy period of time starting from 2006 to 2009," Zvidzai said. "Zimbabwe suffered unprecedented hyperinflation as we all know. The Government of National Unity undertook a currency reform exercise which replaced the local currency with the United States dollar. “Pension schemes and insurance companies took advantage of the removal of 25 zeroes from our currency to revalue pensions and insurance policy values.” Zvidzai made reference to the Justice Smith Commission set up in 2015 to inquire into the loss of pension values and propose remedies to the crisis. In its report, it confirmed huge losses in the value of pensions. The commission also recommended compensation for the losses during the period from 1996 to 2007 after many insurance companies short-changed their clients by taking advantage of the country’s inflationary environment. "I pray that the Finance, Economic Development and Investment Promotion minister does make a statement on the progress registered so far regarding compensating pensioners and policyholders for losses and prejudice that were suffered due to dollarisation in 2009," "To commit to pay the compensation in US dollars to vaccinate against repeat losses caused by the spiralling loss of value of our local currency against the US dollar.” Pensioners who had worked for several years had their pension values reduced to as low as US$0,80c. They have not been compensated for the losses incurred during the inflationary period of 2008/9. *AMH* |
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| 2024-04-19 08:00:40 | *NBA Warns Against Illegal GMO Maize Imports* The National Biotechnology Authority (NBA) has warned locals against unlawful importation and handling of genetically modified (GMO) grain as the country seeks to alleviate the problems of the current drought. NBA chief executive officer and registrar Dr Deckstar Savadye in a statement said, “As you are aware, Zimbabwe is a non-GM producing country. To that effect, the NBA wishes to advise all importers or handlers of imported GM grain to adhere to Statutory Instrument (SI) 157 of 2018, (Food, Feed, Food and Feed Additives and Seed) (Imports, Exports and Transit) regulations.” ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- For one to import GM grain, they should be registered with the NBA and must be a holder of a biosafety import permit. The NBA requires importers of grain to notify the board when GM grain arrives in the country to allow thorough supervision by the authority’s inspectors. “The importer is also required to notify the NBA when their consignment of GM grain enters the country, to enable the NBA to deploy inspectors to the site where the grain will be processed. As the GM grain is to be processed under strict supervision by the NBA,” Dr Savadye said. The notice comes after the Government granted permission to companies and individuals to import maize, rice, and cooking oil duty-free with effect from July 2024 to avert looming food shortages emanating from the El Nino-induced drought. Other measures taken by the Government to beef up stocks included the purchase of local grain at an import parity price of US$390 per tonne to mop up excess local grain. Speaking during a post-Cabinet media briefing in March, the Minister of Information, Publicity and Broadcasting Services, Jenfan Muswere said the importation of GM grain would be for stockfeed production. “Government has okayed a duty waiver on the importation of rice and potato seed, and the importation of genetically modified maize for stock feed, under strictly supervised milling and distribution,” the minister said. The Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Dr Anxious Masuka added that rice and potatoes would be regarded as key staples to ensure national food security. Importers and processors who do not adhere to the law are liable to a fine or imprisonment under SI 157 of 2018. “In addition, it is also an offense to process GM grain without NBA supervision. “Violating provisions in SI 157 of 2018 will result in the perpetrator being liable to a fine not exceeding level 12 or to imprisonment not exceeding five years or to both such fine and imprisonment,” Dr Savadye said. *Zimpapers* |
| 2024-04-19 08:00:28 | *No Independence Joy For Civil Servants* THE plight of civil servants appears to have been ignored by President Emmerson Mnangagwa’s government, after he failed to commit to improving their conditions of service and salaries unless the economy improves. Delivering his Independence Day speech in Buhera at Murambinda B High School, Manicaland, Mnangagwa said the salaries of civil servants would only be reviewed when there is an improvement in the economy. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The 44th Independence Day celebrations were held in Manicaland province following the government’s decision to rotate the commemorations across the provinces. “The welfare of our civil servants will continue to be reviewed in line with economic sustainability,” Mnangagwa said. Civil servants have been unhappy over poor salaries and constant attempts by some of them, to get redress through strikes especially teachers, nurses and doctors have drawn the wrath of Mnangagwa’s government. Mnangagwa told local authorities, to pull up their socks and deliver quality service. “The Call to Action initiative, which I launched last year, compels all local authorities to refocus towards a people-centred development thrust and quality service delivery. “Poor performance from our local authorities is not acceptable. Our people deserve to enjoy a higher quality of life anchored from the grassroots level upwards,” Mnangagwa said. Councils have, however, accused Mnangagwa’s government of sabotaging them and being at the centre of their failure by presiding over a dead economy. Forty-four years after independence amid a collapse in the education and health sectors, Mnangagwa told thousands gathered for the celebrations he had improved their lot significantly. “The overall economic outlook remains bright. Our country’s GDP [gross domestic product] is now exceeding US$47 billion up from US$16 billion in 2018. “This shows that we, the descendants of the Great Munhumutapa are a resilient, focused, determined and hardworking people. Zimbabwe is winning,” he said. The Mnangagwa government, which recently extended a begging bowl for US$2 billion aid to mitigate the effects of the El Niño-induced drought, spoiled the people who attended the celebrations with 10kg packs of mealie-meal, soft drinks and a two pieces of chicken and chips. *AMH* |
| 2024-04-19 08:00:16 | *Rights Group Calls On Govt To Ensure Non-partisan Food Aid Distribution* Heal Zimbabwe has implored the government to ensure food aid distribution is not weaponised for political reasons following claims that Zanu PF will superintend the process. At a recent press conference ruling party spokesperson Christopher Mutsvangwa said the party will be in charge of distribution of food aid, raising concerns over the sidelining of opposition supporters. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Zimbabwe is grappling with the El Nino-induced drought which has since been declared a national disaster. Over 2,7million need food aid and the country has a grain deficit of 680 000 metric tonnes. In a statement, Heal Zimbabwe said food aid distribution should only be done through the government’s Department of Social Welfare. “Heal Zimbabwe calls upon the government of Zimbabwe to ensure that the distribution of food aid is done only through the Department of Social Welfare working with local traditional and elected leadership. The Department of Social Welfare must design mechanisms to guard against the abuse and weaponization of aid for political purposes”. Heal Zimbabwe also called the Zimbabwe Anti-Corruption Commission to be on the lookout for corruption and abuse of government aid. “We call on the ZHRC and the Zimbabwe Anti-Corruption Commission (ZACC) to actively guard against corruption and abuse of government aid financed through tax and multilateral donors and agencies. Political parties must also rein in their members who are bent on manipulating food aid distribution activities across the country. “Heal Zimbabwe further calls on civil society organizations and other developmental partners to vigilantly monitor and hold accountable the government and all stakeholders involved in the efforts to alleviate poverty and food insecurity as the country faces the devastating effects of the El Nino-induced drought.” The government is looking forward to distributing 7 kilograms of food aid per individual, per month. *NewZW* |
| 2024-04-19 08:00:01 | *Zanu PF Bigwigs Denied Uhuru Freebies* ZANU PF bigwigs were left frustrated after the party denied them free fuel and accommodation for this year’s Independence Day celebrations held at Murambinda growth point in Buhera, Manicaland province. Traditionally, central committee members of the ruling party have enjoyed various perks during national events including complimentary fuel and accommodation. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- NewsDay gleaned a message that was sent to central committee members from the Zanu PF national headquarters through the party’s provincial offices before the Uhuru celebrations yesterday. “Central committee members are advised by the national transport department that there won’t be accommodation, fuel or bus fare refunds. “Those willing to attend national events shall take advantage of the buses allocated to the province. Liaise with local district co-ordinators for pick-up points and routes,” the message read. However, Zanu PF director for information Farai Marapira said there might have been a “glitch” for the bigwigs not to get fuel and accommodation. “The party has always looked after its leadership. As with any programme a glitch may be here and there but not failure. We are not a party that fails its cadres. “All central committee members and all other members are catered for professionally and fully,” he said. But sources within the party told NewsDay that the decision was made due to budgetary constraints and the need to prioritise more pressing issues. Zimbabwe has been grappling with economic challenges, including hyperinflation, unemployment and a severe shortage of foreign currency, which have strained the government’s resources. While some see it as a necessary step towards fiscal responsibility and accountability, others view it as a betrayal of party loyalists who have supported Zanu PF through thick and thin. Central committee members who spoke to NewsDay on condition of anonymity said they felt betrayed after working hard for the party to win elections last year. Zanu PF leaders are known for lavish lifestyles, while the majority of the populace wallow in poverty. A central committee report to the 7th Zanu PF National People’s Conference last year showed that the ruling party splurged millions of United States dollars on cars, party regalia and improving the welfare for its leaders. The report stated that in 2017, before the late former President Robert Mugabe was removed from power, the party only had 45 vehicles. President Emmerson Mnangagwa has boosted the fleet to 531 — the largest in Zanu PF’s history. The central committee report also revealed that the ruling party spent ZWL$1,8 billion and over US$4,8 million from January to September last year on staff salaries, gratuities, transport, health and allowances for party bigwigs among other expenses. “In 2018, the Zanu PF party acquired an additional 438 new motor vehicles bringing the fleet size to 486,” the report read. However, Zanu PF chief whip Pupurai Togarepi revealed that legislators were sleeping in cars because of lack of accommodation when they attend parliamentary business. “I rise on a point of privilege after some perennial challenges that are facing Members of Parliament each time they come to the House. There is a challenge in terms of accommodation. MPs get desperate to a point where some sleep in cars and others are disturbed by the approach of some of the hotels,” he said. *AMH* |
| 2024-04-19 07:59:46 | *Finance Minister Under Scrutiny Over ZiG Currency Audit Delays* FINANCE Minister Prof Mthuli Ncube has dragged his feet in clarifying whether there are any independent auditors appointed to verify the reserves backing the just introduced ZiG currency. The nation’s sixth currency was introduced on April 5 2024 with the Reserve Bank of Zimbabwe claiming that it was backed by 2,5 tons of gold and US$100 million cash. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The ZiG has advanced 1.6% on the official market but like its predecessor, it continues to face headwinds on the parallel market where it has so far waned by 20% since inception. Speaking to Bloomberg on the sidelines of the International Monetary Fund’s (IMF) spring meetings currently underway in Washington D.C, Prof Mthuli Ncube who was challenged to share details of independent auditors to verify the reserves stocks could not immediately do so. “It’s very important for the public to be confident about the existence of these reserves that are backing the currency. By law, we have put in place mechanisms that auditors should be able to audit the existence of this gold. “We have a firm of auditors who audit the central bank in the first place so we will start from there or find someone else. Frankly, there is nothing to hide. We are happy to engage any auditor but that must be very important for the confidence factor,” he said. The remarks come at a time when many citizens and stakeholders locally and abroad have remained sceptical with many treating the shared stats with a pinch of salt.Ncube also defended the torrid time Zimbabwe is going through after highlighting that the currency challenges are currently a common continental problem. “Most African countries and many others in emerging markets are facing trouble in stabilising their currencies. Everyone is trying to figure out how best they can stabilise their currencies to maintain competitiveness. “In Zimbabwe, we have figured it out by making sure that our currency is linked to some reserves like gold, diamonds and also hard US$. That’s how we have constructed it,” he said. He reiterated that the newly introduced currency was crafted similarly to a currency board but without a fixed exchange rate and at the same time restricting it against volatilities through a firm asset backing. He underscored that the nation was not returning to the gold standard and stressed the commitment to limit the issuance of the domestic currency and reserve money and only to increase it in line with base reserve assets. “Part of my job here this week has been to explain to the International Monetary Fund how this currency is structured. What gave birth to it? What are the issues and frankly they have given us some good advice along the way which I can’t share with the public. “We worked very well with the IMF as we issued this currency but we are aware that there are certain issues they want us to strengthen,” he said. He added that the level of the exchange rate currently obtained in the markets is a very competitive one in the sense that it is ZiG13,56 to the US$. “That’s a competitive exchange rate that compares well with other currencies in the region like the SA rand, Botswana Pula the Kwacha and so forth”. *NewZW* |
| 2024-04-19 05:51:06 | *Fake Rent-to-buy Vehicle Scheme Rocks Zim* A WELL-CALCULATED fake rent-to-buy vehicle scheme has rocked Zimbabwe with unsuspecting individuals wishing to drive personal cars falling prey to scammers over the past few months. Police are yet to apprehend the fraudsters that are believed to be resident either in Beitbridge, Musina or Harare. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- They use different mobile phone numbers to make good their plans and defraud unsuspecting individuals eager to buy cars. They promise individuals the opportunity to own a car at zero deposit, but ask for administration fees and fuel for delivery of the vehicles in total ranging between between US$250 to US$300. Rarely do they charge above US$300 unless an individual opts for a truck or minibus which have higher administration charges and fuel costs. They carefully phrase the advertisement of their fraudulent schemes on social media like WhatsApp groups, Facebook and other informal outlets, an investigation by NewsDay established. As soon as the money is remitted through their mobile phones, the deal is done. The line goes dead and the number becomes unreachable. Dozens of people have fallen for the trick, some from as far afield as Australia who wished to buy cars for loved ones back home in Zimbabwe. One typical advertisement flighted on social media reads: “SBT MOTORS ZIMBABWE* *_car dealership_* *Rent to Buy A Car.* It is buying a car on credit with zero deposit and start paying for it after 30 days while using it for 18 months (instalments). “Rent to buy is for everyone who is willing to drive a car of his/her choice and make money with it. We also give discounts to all those who do cash and drive (paying cash). “After your details and particulars have been approved and you are satisfied with the vehicle you want to rent you have to pay administration fee and transportation of US$310. “You will pay for the vehicle monthly instalments for 18 months while using the vehicle. You pay after 30 days, 3 days before or 3 days after.” The advert added: “As the vehicle still belongs to SBT Motors, we process the number plates for, we are responsible for tax and insurance (mutero tisu tinobhadhara). “If you fail to pay for 3 months (90 days) the vehicle will be retrieved from you. Admin fee and transportation free to be paid before you get your vehicle, which is to be deposited/Zipit to our FBC account using the prevailing rate.” Other scammers have names like Valiant Motors, Beitbridge Car Rentals and Sales just to name a few. Their advertisements are convincing although careful readers notice several mistakes unlikely to be made by businesses of that magnitude. An investigator said the scammers could be using modern applications on the mobile phones to select potential victims. "For instance when you use a number from a certain mobile phone operator you can be able to verify the names if you purport to send money through mobile phone transfers. They can check your details and even go to LinkedIn or True Caller to verify," the investigator said. “In some cases they may even be using search engines like Google where some names appear easily.” An attempt to use the application by this reporter failed when they demanded an identity card matching the name used. A Beitbridge resident who made an attempt said their responses were calculated. "Once they ignored me and later came back on WhatsApp to say they had been overwhelmed by Zambian clients. They then said they had a few cars left and were waiting for delivery from Japan and the highest bidders would get the little stock left," he said. "I failed to raise the required US$400, and when they asked me to deposit US$300, I sensed that it was a scam.” Beitbridge lawyer with Garikayi and Partners and former magistrate Jabulani Mzinyathi recently took to social media to warn the public about the marauding con artists. "I have clients in the four corners of the country. Some fell victim to scammers and wanted me to help recover what they lost,” Mzinyathi posted. “I tried to locate the scammers at the said physical address; there was no such address. “I then decided to give a blanket warning on social media where I reach out to around four thousand people to spread the message with their followers.” Vendors who operate along Granite Road in Beitbridge said they had seen several people asking for directions to a car sale. "Some came from as far as Buhera and spent the day trudging up and down Granite Road until they asked us. Because we have seen so many people asking for the same place we knew they had been duped," one vendor said. Although the adverts have come in different names, their wording is almost the same. *AMH* |
| 2024-04-18 22:56:06 | *Zim Marks 44th Independence With Hunger, Currency Uncertainty* ZIMBABWE celebrates its 44th Independence Thursday, April 18th amid hunger stalking the generality of the populace due to the El Nino-induced drought. Also, the newly introduced Zimbabwe Gold (ZiG) currency has triggered anxiety and uncertainty in the market. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The El Nino weather phenomenon affected Southern Africa hitting Zimbabwe hard with little or no rain received in most parts of the country during the 2023-2024 season. Recently, President Emmerson Mnangagwa declared the drought a national disaster and appealed for humanitarian aid worth US$2 billion to feed 2.7 million people, who are in dire need of food aid. Zambia and Malawi have also made similar declarations. Prices of some basic commodities such as maize and sugar have already gone up, amid arbitrage behaviour by some unscrupulous retailers. Zimbabwe is expecting a harvest of 868,000 metric tons of grain this year which is far short of expectations and leaves a deficit of 680,000 metric tons. “Preliminary assessment shows that Zimbabwe requires more than US$2 billion toward various interventions we envisage in the spectrum of our national response,” Mnangagwa told reporters as he declared the national disaster. Early this year, the United Nations (UN) World Food Program (WFP) said it was working with Zimbabwe’s government and aid agencies to provide food to 2.7 million rural people in the country. It revealed around 20% of Zimbabwe’s population was at risk of hunger having been caused by poor harvests in drought-ravaged areas. Effects of climate change are being felt the world over and Zimbabwe is no exception, but other factors are worsening the situation. These include poor governance coupled with uncontrolled corruption by authorities and a currency crisis characterised by inflation and exchange rate distortions. Early this month, the newly appointed Reserve Bank of Zimbabwe (RBZ) governor, John Mushayavanhu gave a chilling revelation on how the drought would affect the economy. “The EL-Nino-induced drought, which has turned out to be more severe than initially anticipated, is expected to impact negatively on the domestic economy’s growth trajectory. “lt will also be affected by a slowdown in commodity prices, and subdued aggregate demand,” Mushayavanhu said in his Monetary Policy Statement as he introduced the gold-backed currency ZiG, recently. In interviews with NewZimbabwe.com, young Zimbabweans felt they had nothing to celebrate and lacked confidence in government institutions. Zondi Marufu from Budiriro high-density suburb in Harare said Zimbabwe needed a complete overhaul to give citizens confidence in the new ZiG currency. “The introduction of the ZiG is just a repetition of what has been the case in the past where Bearer Cheques, Bond Notes, RTGS and the Zimbabwe Dollar and others have been printed, disadvantaging the people and increasing inflation. The government just slashed zeros but I do not think this new currency has any backing. “Demand and supply should determine the market price, not the government imposing it. The central government dictates the level of production and controls the distribution and prices of commodities and services, which is wrong economics,” she said. Marufu said the command economy does not work in this era, therefore authorities must allow a free market system where demand determines the production of goods and services. She added, “I feel robbed as a young person. At 33, I should be having my small farm or a stand in an urban area but this is not the case because of the distortions on the exchange rate. I have become a beggar at such a tender age as l have no savings. “An ordinary person does not have access to the local currency, one has to buy money for transport from the street. Only the elite have the privilege to access the ZiG from financial institutions. “On production, those who got farms should be feeding the nation and the region at large bringing in forex for the country.” Another youth from Mbare told NewZimbabwe.com that she had no problem with Zanu PF leadership but her concern was the lethargy or failure to turn around the economy since the late 90s. “Little to no development has taken place in terms of road infrastructure, financial and communication, etc. More needs to be done to realise growth which slowed down decades ago,” Netsai Matambo said. This year’s Independence theme is “Unity, Peace and Development Towards Vision 2030’’. Meanwhile, 70 000 people are expected to throng Murambinda B High School in Manicaland province where the national independence celebrations are being held. *NewZW* |
| 2024-04-18 22:45:49 | *Illegal Money Changers Back In Streets After New Currency Launched* Zimbabwe's illegal money changers are back on the streets after a brief hiatus following the introduction of a new gold-backed currency, the Zimbabwe Gold (ZiG). Although the currency is still only available electronically as the new notes and coins are still under production, the money changers are offering slightly higher rates than the official one, which was $1 to 13.3437 ZiG on Wednesday, according to ZB Financial Holdings. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The black market is, however, offering about 15 ZiG (buy rate) and around 20 ZiG (sell rate) to the US dollar, according to money changers. A money changer at the Westgate Shopping Mall, northwest of Harare, Zimbabwe's capital, said he and his colleagues were always on the lookout for the police as they conducted their transactions. "Our selling rate is $1 to 20 or 21 ZiG depending on the amount transacted, and our buying rate is between 15 and 16 ZiG to the U.S. dollar, also depending on the amount transacted. Those disposing of higher amounts get more favorable rates," he said. There has been much skepticism in the market over the introduction of the country's sixth currency since independence, with some people suggesting that the move was a clever way for the authorities to remove some zeros from the inflation-battered old Zimbabwean dollar. The ZiG started trading on April 8 at an exchange rate of 13.56 to the US dollar as the Reserve Bank of Zimbabwe (RBZ) sought to deal with the high demand for foreign currency as a store of value and boost confidence in the local currency following months of currency volatility. While it has performed well on the official platform, the situation is different in the parallel market, where the rate is going up albeit slowly. It was introduced as the economy had been moving toward full dollarization, with over 80 percent of market transactions being conducted in the US dollar as it continued to dominate the weaker Zimbabwean dollar, according to the RBZ. The government has since warned that it will deal with illegal money changers as it seeks to protect the new currency. Zimbabwean economist Paul Musodza noted that if done with good intentions, the ZiG would succeed in the market despite its slim chances. "Chances are slim, but if done with the intention of fixing it for the country -- not individual interests -- then it will succeed. But central bank independence on monetary policy formulation is crucial at this stage," he told Xinhua. Another economist, Brains Muchemwa, told Xinhua recently that with the right safeguards and the government taking a leading role in supporting widespread demand for the new currency, stabilising the ZiG exchange rate should not be a big task. *eastafrican* |
| 2024-04-18 22:45:10 | *US Congratulates Zim on Independence Anniversary Amid Sanctions Dispute* United States Secretary of State Antony Blinken has congratulated Zimbabwe on its 44th independence anniversary which is being held in Buhera yesterday. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- “We remain committed to partnering with the people of Zimbabwe as you endeavor toward a more just, equitable, and healthy society,” Blinken said. “The United States is pleased to support Zimbabwean efforts to promote democracy and respect for human rights. As you celebrate your independence, please know our friendship with the Zimbabwean people endures. “We wish the very best for the people of Zimbabwe.” Normally, congratulatory messages go to the President and the people of the country but Blinken’s message is directed at the people and does not mention President Mnangagwa. The United States lifted sanctions imposed on Zimbabwe in 2003 but introduced new sanctions on 11 individuals, including President Emmerson Mnangagwa, and three entities under the Global Magnitsky Human Rights Accountability Act. The US still maintains the Zimbabwe Democracy and Economic Recovery Act which has paralysed Zimbabwe’s economy as it prevents the country from accessing international credit which is crucial for development. President Emmerson Mnangagwa’s spokesman George Charamba Wednesday said there is nothing to celebrate about the United States’s move on Zimbabwe sanctions, adding the sanctions must be lifted in toto. The US insists it does not have sanctions on Zimbabwe but on individuals, something that has been refuted by the United Nations which argues that the sanctions are affecting ordinary Zimbabweans especially the poor. *insider* |
| 2024-04-18 17:09:57 | *ZESN Renews Call For Electoral Reforms* As Zimbabwe celebrates its 44th Independence Day, the Zimbabwe Election Support Network (ZESN) has reiterated its call for comprehensive and timely strengthening of electoral processes. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- ZESN emphasised the need to align electoral laws with the constitution fully. They also advocated for strengthening the Zimbabwe Electoral Commission’s (ZEC) capacity and accountability to ensure effective and transparent electoral processes. ZESN highlighted the lack of significant electoral reforms in the 2023 Harmonised Elections as a key reason for their renewed call. “This call comes against the backdrop of the 2023 Harmonised Elections, which were conducted without significant electoral reforms,” they said. “Although the Zimbabwean government made amendments to the Electoral Act through the Electoral Amendment Bill in 2022, such as removing the driver’s license as proof of identity, ZESN believes these changes primarily addressed nominal and administrative reforms, overlooking crucial reforms essential for transparent and credible elections,” ZESN said. They said the substantive electoral reforms, which stakeholders had been advocating for, were omitted from the amendments to the Electoral Act. Meanwhile, the Election Support Network said Zimbabwe’s founding tenets are rooted in respect for the Constitution, the rule of law, fundamental human rights and freedoms, diverse cultural, religious and traditional values, gender equality, good governance and regular elections, stemming from the election results of 1980 that led to the transition to Independence. “Despite the country conducting regular elections every five years, ZESN emphasizes the need for the government and political parties to establish an environment conducive to upholding the basic tenets of democracy. This includes promoting a multi-party democratic political system; conducting credible elections; enhancing the rights of all political parties and citizens; and promoting transparency, justice, accountability and responsiveness,” they said. ZESN also urged elected leaders to enhance accountability mechanisms to citizens as part of efforts to uphold the essence of good governance and democratic principles. *CITE* |
| 2024-04-18 17:09:43 | *Bring Currency Manipulators To Book* Currency manipulators-some powerful individuals and companies are on the prowl again at the expense of the economy and indeed at the expense of all and sundry. These are self-defined economic saboteurs. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- And should be brought to book as the exchange rate on the parallel market is rocketing again. We support the move by the Financial Intelligence Unit (FIU) to target people and businesses that are involved in exchange rate manipulation , because we are concerned that speculative behaviour could result in fresh destabilisation of the exchange rate. Apparently, several foreign currency manipulators were this week exposed. Two weeks ago, the opening rate for the new currency was ZiG13.56 per US$1, but parallel market dealers are now trading at ZiG20: US$1. In an effort to fight inflation and stabilize the shaky economy, Dr. John Mushayavanhu, the recently appointed governor of the Reserve Bank of Zimbabwe, abandoned the Zimbabwe dollar and introduced the Zimbabwe Gold (ZiG), which is backed by gold and other precious minerals in addition to foreign exchange reserves. This week, Business Times was informed by Oliver Chiperesa, the director general of the FIU, that the agency is actively enforcing the law that prohibits street foreign exchange vendors. “For our part as FIU we have identified traders, especially wholesalers and manufacturers who are either not accepting ZiG or are putting an unjustified premium on the rate, and we are taking stern action on those. “We have given them a warning to comply by the end of day today (Wednesday) after which we will be freezing their accounts and fining them,” Chiperesa said. He added: “There are also those that are claiming they are still configuring their systems so are not yet accepting ZiG. We have told them that if it’s taking them that long to configure, they should stop trading until they are in a position to accept both currencies.” According to Chiperesa, the intelligence unit keeps an eye on a variety of bank account activities to look for any infractions. *Businesstimes* |
| 2024-04-18 17:09:30 | *Civil Servants Receive ZiG Salaries, Amid Concerns Over Value Stability* Civil servants have begun receiving their salaries in the new ZiG currency, yet concerns persist regarding its market performance and value stability. Minister of Finance, Economic Development and Investment Promotion, Mthuli Ncube, said civil servant salaries for April will be paid on time. He said electronic ZiG payments will be deposited into accounts on scheduled paydays. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Civil servants who spoke to CITE expressed scepticism over the new currency, saying it would also end up depreciating like the previous ZWL currency. A teacher who identified himself as Witness Moyo, said: Firstly, hard cash in ZiG will not be available until the end of April, that is what the Reserve Bank of Zimbabwe said, now what kind of currency is that when it is unveiled, you are told there is no hard cash? I see no difference from bearer cheques and bond notes. The only difference is the name. We’ll just see it depreciating day in and day out. Already some outlets that belong to well-known individuals are using a rate of US$1 to ZiG18 yet they tell people they are using the bank rate. This is the same way that happened to its predecessor ZWL notes. Another bad omen is why can’t ZiG purchase fuel. Emmanuel Sibanda said that citizens would suffer because “businesses don’t want ZiG” as some goods such as fuel, are sold exclusively in foreign currency. He said: Our lives will be controlled by the government as we will now have to buy at government-friendly shops that accept the ZiG. We will not be in control of our expenditure because the value of the ZiG is determined by external factors that can ultimately lead to hyperinflation. The usual story is there is the government rate and business rate. Minister Ncube said the Treasury will build a mechanism in anticipation of external shocks since the ZiG currency is backed by hard assets such as gold. He said: What is happening is that our exchange rate is being driven, not just by the price of hard assets like gold but also, we take into account what we call effective exchange rate which is the inflation differentials between our country and other countries. That inflation differential is also known as the purchasing power parity. What happens is that when there is a shock, those shocks usually show up in inflation shocks. So, by taking into account those inflation differentials, we can take into account part of the shocks. The Government introduced the gold-backed currency earlier this month to stabilise the economy and prevent currency devaluation like its predecessors. *cite* |
| 2024-04-18 15:22:13 | *Catholic Church Hosts Health, Wellness Programme to Combat Substance Abuse* The Catholic Church, Braeside Parish, is gearing up to lead the charge against alcohol, drugs, and illicit substance abuse with a Health and Wellness Awareness Programme scheduled for Saturday, April 20th, 2024. Themed "Moving Together, Our Community, Our Responsibility" the event promises to be a dynamic day filled with activities aimed at spreading awareness and fostering community engagement. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The day promises to be power-packed with a diverse range of activities designed to spread awareness and educate attendees on the detrimental effects of substance abuse. Among the activities planned is a March around Braeside to raise awareness in the local community, as well as engaging games to promote teamwork and unity among participants. The programme will feature guest speakers who are experts in the field of addiction and recovery, sharing their knowledge and insights on the topic. Additionally, attendees can look forward to performances by guest artists who will use their talents to convey messages of hope and inspiration. Among the presenters and performers on the day is celebrated songstress Pauline Gundidza and her daughter Sky, who is a Junior Parliamentarian. This initiative by the Braeside Parish underscores the Catholic Church's commitment to addressing pressing social issues and fostering a healthier, more resilient community. By bringing together residents, local organizations, and experts in the field, the Health and Wellness Awareness Programme aims to inspire collective action and support for individuals struggling with addiction. Through unity and shared responsibility, the Catholic Church and Braeside Parish are leading the charge in the fight against substance abuse, empowering individuals and strengthening community bonds in the process. Alvina and Beauty, the dedicated contacts for the event, are available to provide more information to interested individuals. They can be reached at 263774116046 or 0775444417 respectively. *Nhau/Indaba* |
| 2024-04-18 07:42:32 | *Social Media Abuse Threatens Zimbabwe's Moral Fabric: Mnangagwa* President Emmerson Dambudzo Mnangagwa says the abuse of Information Communications Technology (ICT) is killing the moral fabric of Zimbabwe. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The President while addressing youths at Children’s party in Murambinda this afternoon, warned Zimbabweans that they must not be known for being notorious. He urged citizens to use social media for good and not to spread bad behavior, instead focus on good behavior. “The abuse of ICTs decays the moral fabric of Zimbabwe. You must not be known for being notorious. “Use social media for good and not to spread bad behavior, instead focus on good behavior, tell them ED says no,” said President Mnangagwa. *zwnews* |
| 2024-04-18 07:42:20 | *Dubai Airport Chaos As UAE & Oman Reel From Deadly Floods* Heavy rain has been battering Gulf states, causing deadly flash floods as well as disrupting flights at the world's second-busiest airport. Dubai International Airport says it is facing "very challenging conditions". It advised some passengers not to turn up as areas were inundated with water. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Further north, a man died when his car was caught in flash floods. In Oman, rescuers found the body of a girl in Saham, bringing the death toll in the country to 19 since Sunday. On Wednesday, about 290 flights to and from Dubai International Airport - a major hub for connecting flights to every continent - were cancelled, according to Flight Aware data at 21:00 GMT (22:00 BST). There were a further 440 delayed flights, the data showed. The airport, which last year served more than 80 million passengers, second only to Atlanta in the United States, warned recovery would take "some time". It said its latest update advised against visiting Terminal 1 without confirmation from airlines and avoiding trips to the airport. Emirates, a major international airline headquartered in Dubai, has suspended check-in for passengers departing from the city until Thursday. Authorities warned that more thunderstorms, heavy rain and strong winds were forecast, with many low-lying areas still under water. The United Arab Emirates, Oman's northern neighbour, experienced on Tuesday its largest rainfall event since records began 75 years ago. The National Centre of Meteorology announced that 254.8mm (9.7in) had fallen on Khatm al-Shakla, in the region of al-Ain, over less than 24 hours. The country averages 140-200 mm of rainfall per year, while Dubai typically receives only 97mm. The monthly average for April is only about 8mm. Footage from the centre of Dubai showed dozens of submerged vehicles on a flooded part of Sheikh Zayed Road, as well as long traffic jams elsewhere on the 12-lane highway. Anne Wing reported lengthy queues at the airport on Wednesday evening No deaths were reported in Dubai, but an elderly man was killed when his vehicle was swept away in a flash flood in Ras al-Khaimah. Although the rain had eased by Tuesday evening, Dubai International Airport warned of further disruption, and said there was crowding. The intense storm that began on Tuesday morning and continued through most of the day forced the airport to suspend operations for 25 minutes, divert several inbound planes and cancel a number of inbound and outbound flights. Videos posted on social media showed aircraft ploughing through several inches of water that completely covered the airport's apron and taxiways. Dubai International Airport's apron resembled a lake during the storm, videos posted on social media showed "We are currently experiencing significant disruption due to the weather and are continuously working with our emergency response teams and service partners to restore normal operations as quickly as possible," it said on X, formerly Twitter. Emirates, one of the UAE's two flag carriers and the world's largest international airline, told customers that check-in had been suspended at the airport for all flights until Thursday morning. The chief executive of Dubai Airports, Paul Griffiths, told local radio station Dubai Eye: "In living memory, I don't think anyone has ever seen conditions like it." Software engineer Kanish Kumar Deb Barman, who is stuck at the airport on his way home to India, told Reuters news agency: "There are hundreds and thousands of other passengers just like me in this airport who have been waiting for 10 hours, 16 hours, some even for 24 to 30 hours People queue at the check-in counter at Dubai International Airport on Wednesday The UAE's National Emergency Crisis Management Authority did issue a warning before the storm telling people to stay at home. The government also told its employees to work from home and private schools were also advised to carry out remote learning. In Oman, more than 1,400 people have been evacuated to shelters. Schools and government offices have been closed as a precaution. On Sunday, 10 schoolchildren aged between 10 and 15 and an adult were killed when their bus was swamped by floodwater as it attempted to drive through a wadi in the al-Mudhaibi area of Sharqiya province, about 115km (70 miles) south of the capital, Muscat. Three other children and the driver were rescued. Two of them were reportedly airlifted to safety after being swept 600m (1,970ft) from the bus. The sultanate's council of ministers said it was "filled with grief" over the deaths and sent their condolences to the victims' families. Precipitation is scarce in Oman. Annual average rainfall ranges from 150 to 300mm in the north, with most falling in pre- and post-monsoon storms. In the hours that followed the floods, some social media users wrongly attributed the extreme weather solely to recent cloud seeding operations in the country. Cloud seeding, which is when planes spray clouds with particles to make rain, has been going on in the United Arab Emirates for more than 10 years. However experts say that at best it would have had a minor effect on the storm and that focusing on cloud seeding is "misleading". "The UAE does have an operational cloud seeding programme to enhance the rainfall in this arid part of the world, however, there is no technology in existence that can create or even severely modify this kind of rainfall event," said Prof Maarten Ambaum from the University of Reading. BBC Weather meteorologist Matt Taylor also noted the storm had already been forecast. "This was already forecast to be a severe weather event. Ahead of the event, computer models [that don't factor in potential cloud seeding effects] were already predicting well over a year's worth of rain to fall in around 24 hours. "The impacts were much wider than I would expect from cloud-seeding alone too - severe flooding impacting large areas from Bahrain to Oman." More than double the amount of rain expected in a year fell in just one day. The heavy rain also hit Saudi Arabia and Bahrain, where videos showed cars stranded in flooded roads. Many factors contribute to flooding, but a warming atmosphere caused by climate change makes extreme rainfall more likely. The world has already warmed by about 1.1C since the industrial era began and temperatures will keep rising unless governments around the world make steep cuts to emissions. *BBC* |
| 2024-04-18 07:42:03 | *Sikhala To Speak At Global Human Rights Summit* FORMER Zengeza West legislator Job Sikhala’s star continues to shine after the politician was invited to speak at the Geneva Summit on Human Rights and Democracy, a major conference that spotlights urgent human rights situations that require global attention. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The politician, who spent 595 days in pre-trial detention, is now the chairperson of the National Democratic Working Group (NDWG) after cutting ties with the Citizens Coalition for Change following its alleged infiltration by the ruling Zanu PF party. “Hon Advocate Job Sikhala has been invited to speak on his experience during his incarceration for a period of almost two years and the human rights situation in Zimbabwe as it obtains today,” NDWG spokesperson Darlington Chigwena said yesterday. Sikhala will share the stage with other human rights activists that include Gambian women rights campaigner, Fatou Baldeh, and exiled Cuban art historian, writer and human rights activist Carolina Barrero, among others. *AMH* |
| 2024-04-18 07:41:52 | *Kariba Lake Level Rises As ZRA Reduces Water For Power Generation* The Zambezi River Authority (ZRA), a body corporate jointly established by Zambia and Zimbabwe to manage the Zambezi River Basin, has noted a slight rise in the water level at Lake Kariba. In its latest update on Wednesday, April 17 2024, ZRA said that the Lake level has steadily been increasing with records of fluctuations being observed due to low outflow from the reservoir. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- While the lake level recorded on April 17 2024 (13.88% usable live storage) was significantly lower than was recorded on the same day in 2023 (23.47% usable live storage), there has been a slight increase compared to last week. On Wednesday, April 10, 2024, ZRA said the lake level had steadily been decreasing, due to low inflow and reduced rainfall activity on and around the lake. The usable live storage last Wednesday was 13.59% but rose by 0.29% during the week to 13.88% today. Last month, ZRA revealed that it had decided to maintain the 16 BCM water allocation over the first quarter of 2024 to Zimbabwe and Zambia’s power utilities, ZESA and ZESCO respectively, for power generation. ZRA said: Given that the outcome of the rainfall forecast is generally below normal, the Authority has maintained the 16 BCM water allocation over the first quarter of 2024, providing for a combined annual average power production of 428MW, shared equally. Based on the water allocation of 8 BCM per power utility, translating to an average power production of 214MW per Utility to the end of March 2024 when the 1st Quarter 2024 hydrological review falls due as per the standing operational framework for Kariba dam reservoir operations. *Pindula* |
| 2024-04-18 07:41:39 | *‘Guard Against Weaponisation Of Food Aid ’* THE Department of Social Welfare should guard against the weaponisation of food aid as Zimbabwe grapples with adverse effects of the El Niño-induced drought, a peace-building organisation has said. The call by Heal Zimbabwe Trust (HZT) comes after the ruling Zanu PF party revealed that it will be superintending the distribution of food aid by either government or its development partners. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- In a statement, HZT said the political weaponisation of food aid had led to the marginalisation and coercion of vulnerable members of our society particularly those who support opposition political parties. The organisation said the statements made by Zanu PF officials not only undermined the democratic fabric of Zimbabwe, but laid bare the conflation of the State and the ruling party which has violated the fundamental rights of individuals and communities to receive aid without discrimination. “We call upon the government of Zimbabwe to ensure that the distribution of food aid is done only through the Department of Social Welfare working with local traditional and elected leadership. “The Department of Social Welfare must design mechanisms to guard against the abuse and weaponisation of aid for political purposes,” HZT said. It implored the Zimbabwe Human Rights Commission and the Zimbabwe Anti-Corruption Commission to guard against corruption and abuse of food aid financed through tax and multilateral donors and agencies. “Political parties must also rein in their members who are bent on manipulating food aid distribution activities across the country. “Heal Zimbabwe further calls on civil society organisations and other developmental partners to vigilantly monitor and hold accountable the government and all stakeholders involved in the efforts to alleviate poverty and food insecurity as the country faces the devastating effects of the El Niño-induced drought,” the watchdog said. The ruling Zanu PF has for long been accused of using food handouts as a weapon to control vulnerable people in remote areas. *AMH* |
| 2024-04-18 07:41:29 | *Outcry As Errant Kombi Operators Reject ZWL Notes* THERE is an outcry from the commuting public as errant kombi transport operators plying urban routes in the province are rejecting the Zimbabwe dollar and charging their fares exclusively in the United States of America dollars. The get-rich-quick scheme is allegedly being masterminded by kombi crews, who do not remit the excess money to the kombi operators. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Their untoward behaviour is despite the fact that the local currency notes remain legal tender until April 30, when the new gold-backed currency — the Zimbabwe Gold (ZiG) notes and coins, launched two weeks ago, come into circulation. As a result, commuters are being forced to pair themselves before boarding the kombis, failure of which they will be charged a dollar for a route that should cost US$0,50 cents. This has affected daily commuters. Those who stay in suburbs within the vicinity of Mutare’s Central Business District like Sakubva, Chikanga, Yeovil and Westlea are now walking into town. Miss Chido Chafanza, of Chikanga said the kombi crews are ripping them off, and must be arrested for defying a Government directive. “They are doing it for self-enrichment, and do not declare the extra money made this way to the kombi operators. Imagine if the kombi crew has 18 passengers who do not know each other, and hence cannot be paired, and charge each a dollar each, they will get US$18 per trip instead of the usual US$9. They will pocket the US$9 and declare the balance to the kombi operator,” she said. Mr Marcnon Dzimbanete, of Sakubva said at this rate, one will be forced to fork out US$60 per month in transport fares instead of the usual $30. “This is just unfair. How can they be allowed to charge a US$1 for a trip to Sakubva, which is only a stone’s throw away from the CBD? This is daylight robbery and the police should intervene and clip their wings. They are creating a crisis to fatten their pockets. They should be arrested,” he said. Commuters bitterly complained that the kombi crews have become so rude to the extent of barring their usual clients from boarding their vehicles if they have ZWL notes. Commuters are also chucked out of the kombis for demanding their change. Mr Khulumani Moyo, of Yeovil said he had since stopped boarding kombis as a result. “Why should I be coerced to pay a dollar for a two-minute trip and endure such insults and humiliation from the kombi crews. How can I be asked to pair with someone I do not know? How will I get my change under such an arrangement? Something needs to be done because commuters will be penniless before the new ZiG notes come into circulation,” he said. This reporter was subjected to the harsh treatment during investigations after asking for change. “Look, I told you before you got into this kombi that I do not have change. “Yes, I have loads of ZWL notes, but I will not give them to you because I don’t want. Even if you refuse to give me the dollar per person kombi fare we will dump you in Weirmouth, and see who would have won,” said a conductor plying the Chikanga via Magamba route. Commuter operators interviewed this week confirmed charging a dollar per person, claiming that they could not keep up with the ZWL rates. “It is difficult to peg our fares in local currency because we were asked to surrender the ZWL notes to the bank. We cannot risk keeping the notes and have to explain why we have huge wards of the notes at the banks as instructed by the Reserve Bank of Zimbabwe,” argued one operator. Another driver, who only identified himself as Goddy said the ZWL remains unstable even though it was being phased out. “The truth is we cannot continue accepting the ZWL because the rate keeps going up. When it was phased out, our 50 cents was equal to ZWL$2 500. It doubled to ZWL$5 000 and we stopped accepting them,” he said. A fortnight ago, the Reserve Bank of Zimbabwe (RBZ) introduced ZiG as part of a series of policy measures aimed at addressing exchange rate fluctuations, combating inflation, and restoring macroeconomic stability within the country. RBZ Governor, Dr John Mushayavanhu said the new ZiG will be introduced alongside a variety of other currencies, and gave the public a 21-day window to exchange the old currency for the new one. He said the Zimbabwe dollar will continue to be accepted as legal tender for all domestic transactions until April 30, after which ZiG notes and coins will be put into circulation. During the transitional period, lasting 21 days, the Central Bank will conduct an extensive educational campaign to familiarise the public with the structure and security features of the new currency before its official release. *Zimpapers* |
| 2024-04-18 07:41:14 | *Zanu PF ‘Stole’ Independence: Opposition* OPPOSITION parties yesterday lamented that Independence Day is a painful reminder that the freedom war veterans fought for remains elusive. Zimbabwe today marks 44 years of independence from British colonial rule. The main celebrations will be held in Murambinda, Manicaland with provincial festivities lined up across the country. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Then Prime Minister the late Robert Mugabe’s 1980 Independence Day speech was one of reconciliation, inclusion and freedom for all. Opposition parties, however, said Mugabe, his successor Emmerson Mnangagwa and Zanu PF have failed to deliver on the promise of a free Zimbabwe for all since 1980. Zapu leader Sibangilizwe Nkomo said fallen heroes, who sacrificed their lives, must be turning in their graves in disappointment. "Independence is painful because it has no freedom,” he said. “Just a few days ago, we saw people being arrested for booing first lady Auxillia Mnangagwa. Just basic freedom for one to laugh at a leader, you have to be arrested! “I do not believe that this is what they fought for.” Nine villagers were detained and later charged with disorderly conduct after they booed the First Lady when she was addressing at Watsomba business centre, Manicaland. She was in the province donating foodstuffs and other goodies to villagers. Charges against the nine were later withdrawn on the instruction of the First Lady. Nkomo said there could not be Independence Day festivities in some parts of Matabeleland that bore the brunt of the Gukurahundi massacres. "Our independence will not be complete unless the issue of Gukurahundi is addressed,” he said. “Gukurahundi is a painful wound in Zimbabwe. It brings bad omen and conflict among Zimbabweans. If it is not resolved the nation will not progress. It affects the whole country and not Matabeleland only. “This is because the acts of Gukurahundi are still there and continuing.” He also said ordinary people had nothing to celebrate when they see the Zanu PF elite looting the country’s resources. "The other sad thing is that the liberation war was waged for majority blacks to own land and wealth, but our wealth is being looted out of the country to foreign lands,” Nkomo said. “The gap between the rich and the poor is ever widening and this is painful. The rich are getting richer and the poor are getting poorer.” Freedom Alliance spokesperson Nhlanhla Moses Ncube said the day provided an opportunity for the Zanu PF elite to showcase their riches to the poor. "For this day to be of value to everybody there is need for true democracy, non-tribalism and equal opportunity for all,” Ncube said. “There should be respect for fundamental human rights, political, economic, cultural and religious freedom which the war of independence was about, among other things." Ncube said the day had been hijacked by Zanu PF. "However, in all other aspects, the difference is the same. The event is still about Zanu PF and not the nation. It is about how to stay longer in power against the will of the people," he said. "Only Zanu PF leaders are independent in Zimbabwe. They do as they please whether right or wrong. “It has been the case since 1980 and it is nowhere near changing. It is the unrepentant nature of Zanu PF.” Self-styled Citizens Coalition for Change (CCC) interim secretary-general Sengezo Tshabangu faction’s, Charles Moyo, echoed similar sentiments. “Although we appreciate the effort by the second republic to make sure the National Peace and Reconciliation Commission is on the ground trying to address Gukurahundi, if this issue is not closed, people of Matabeleland in particular will not see independence as practical," Moyo said. Mthwakazi Republic Party leader, Mqondisi Moyo, said ordinary Zimbabweans and government critics were being denied the opportunity to enjoy their rights as enshrined in the Constitution. "For independence to be complete, the inalienable right to life, liberty and pursuit of happiness must be evident, such is not found in Zimbabwe,” Moyo said. To derive value in this day for everybody, there must be genuine reconciliation administered through justice and reparations for the crimes committed against humanity after independence. “ Zanu PF information director, Farai Marapira, however, said independence meant a lot to all Zimbabweans. "This importance reverberates and resonates across the length and breadth of Zimbabwe. The younger generation needs to be more curious about their history as the President said, a tree cannot grow branches without roots,” Marapira said. "Independence since 1980 has always been an important occasion for the Zanu PF government. We are all independent, we achieved political independence in 1980 and are in the process of defining and attaining our total economic independence." *AMH* |
| 2024-04-18 07:04:12 | *Cimas MEDLABS Embarks On Nationwide Laboratory Renovation, Equipment Upgrade Project* By Judith Matanire Cimas MEDLABS, the leading provider of diagnostic and medical laboratory services in the country, has initiated a comprehensive project aimed at renovating and equipping all its laboratories. This endeavor seeks to ensure that tests are conducted onsite, facilitating timely results delivery across Zimbabwe. Designated as a Health Institution by the Medical Laboratory and Clinical Scientists Association of Zimbabwe, Cimas MEDLABS offers a wide range of pathology tests, including haematology, biochemistry, histology, microbiology, viral load, and bone marrow aspirate, catering to both Cimas members and non-member patients referred by primary healthcare clinics and private doctors. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Dr. Tsitsi Moyo, the Cimas Group Medical Advisor and Head of Diagnostics, announced the project during a media tour of Cimas MEDLABS in Harare, held as part of the commemoration of Medical Laboratory Professionals Week (Lab Week) 2024. Dr. Moyo emphasized that the initiative aims to decrease the number of tests referred to the Central Laboratory in Harare, enhancing efficiency and accessibility of diagnostic services nationwide. . "Our goal is to ensure that individuals in Zimbabwe have access to top-tier diagnostic services that are not only accurate but also delivered in a timely manner," Dr Moyo stated. "By investing in the renovation and re-equipment of our laboratories, we are taking a significant step towards achieving this objective and fulfilling our commitment to the health and well-being of our community." Lab Week, an annual celebration honoring the contributions of medical laboratory professionals, coincides with this announcement, themed "The Lab is Everything" for the 2024 edition. Reflecting on Cimas MEDLABS' journey since its establishment in 1985, Moyo highlighted the remarkable journey of Cimas MEDLABS, evolving from a single laboratory to eight strategically located facilities nationwide, including branches, satellite laboratories, and collection points, collectively serving a significant volume of pathology tests throughout Zimbabwe. Moyo emphasized the institution's forthcoming acquisition of a state-of-the-art gene sequencer, marking a significant milestone in its advancement. The addition of the gene sequencer underscores Cimas MEDLABS' commitment to advancing genetic research and personalized medicine. Dr. Moyo emphasized the importance of incorporating the African genome into healthcare practices, from diagnostics to pharmaceuticals, through groundbreaking research and technology. Furthermore, Dr. Moyo emphasized Cimas MEDLABS' dedication to nurturing future scientists by offering industrial attachments and internships to newly qualified professionals, providing them with real-world work exposure and state-of-the-art equipment. Highlighting the institution's journey since its inception in 1985, Dr. Moyo underscored the expansion of Cimas MEDLABS from a single laboratory to eight strategically located facilities nationwide. This network encompasses branches, satellite laboratories, and collection points, collectively catering to a significant volume of pathology tests conducted throughout Zimbabwe. Cimas MEDLABS reaffirmed its role not only as a clinical diagnostic and testing entity but also as a key contributor to medical research and scientific discovery in Zimbabwe and beyond. *Nhau/Indaba* |
| 2024-04-18 04:50:12 | *4 ZDF Members Killed In Road Traffic Accident* FOUR members of the Zimbabwe Defence Forces (ZDF) died while an unknown number of people sustained varying degrees of injuries when two vehicles were involved in a head on collision at the 180 km peg along the Harare-Bulawayo road. In a statement, the ZDF Director of Poly, Public Relations and International Affairs, Brigadier General Augustine Chipwere, said the accident occurred on Tuesday about 2km from Battlefields in Mashonaland West Province. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- He said the ZDF lost three officers and a non-commissioned member. Brig Gen Chipwere said the accident occurred when a vehicle with ZDF officers, which was headed towards Kadoma, attempted to overtake an unidentified vehicle and encroached into the oncoming vehicle lane resulting in a head-on collision with a Mazda CX-5 which was travelling towards Kwekwe. “It is with a heavy heart that the Zimbabwe Defence Forces announces the death of a general officer, two field officers and a non-commissioned member in a fatal road accident which occurred on April 16, 2024,” Brig Gen Chipwere said. “Brigadier General Shadreck Vezha, Major Thabani Ncube, Major Mqondisi Gumbo and Sergeant Chakabaiwa were involved in a road traffic accident at the 180km peg along the Harare-Bulawayo Road about 2km from Battlefields. “According to preliminary investigations, it was established that Brigadier General Vezha attempted to overtake an unidentified vehicle and encroached into the oncoming vehicle lane resulting in head-on collision with the Mazda CX-5 which was travelling towards Kwekwe. “Some passengers who were aboard both vehicles sustained varying degrees of injury and are currently admitted at Gweru and Kwekwe General Hospitals. “Investigations surrounding the accident are underway and more information will be availed in due course.” *Zimpapers* |
| 2024-04-18 04:49:58 | *RBZ Corners Fuel Service Stations: Vows To Suffocate Parallel Market* RESERVE Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, yesterday vowed to suffocate the speculative parallel market forces saying the newly announced Monetary Policy Statement was crafted in a manner that creates solid demand for the new Zimbabwe Gold (ZiG) currency, which will consolidate its strength and lure more players to use it. While some doomsayers are still sceptical, with some businesses preferring to trade in foreign currency only, Dr Mushayavanhu has said the market should brace for a surge in demand for the ZiG within the next two months when businesses will be required to pay 50 percent of their tax returns for the second quarter in local currency. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The Zimbabwe Revenue Authority (Zimra) regulates the payment of cash-in-transit (CIT) on four dates during the current tax year and these are referred to as Quarterly Payment Dates (QPDs). The first payment of 10 percent is due by March 25 of the respective tax year while the second payment of 25 percent is due by June 25 of the respective tax year. The new structured currency, which is backed by gold and foreign currency reserves, aims to curtail inflation and restore durable macro-economic stability, with the multi-currency regime set to stay in place until at least 2030. The total amount of ZiG in circulation as of April 5, 2024 when it was introduced was 2,6 trillion. Two weeks after its official launch, ZiG remains stable with major business players and consumers across the country smoothly conducting transactions following the successful conversion of Zimbabwe dollar balances, amid marginal gains against the United States dollar. Addressing economists, industrialists and other stakeholders during a breakfast meeting to unpack the new MPS at the Zimbabwe International Exhibition Centre in Bulawayo, Dr Mushayavanhu said since most of the ZiG is in the formal banking system, it will be difficult for the black market to thrive once the rush for the payment of QPDs begins in June. “Most of the ZiG is in the banks and they are the ones that are going to be selling the ZiG to anyone who wants to buy it,” he told the gathering. “We have about US$150 million worth of QPDs to be made in ZiG but we have about US$80 million worth of ZiG in circulation. “So, the black market cannot thrive under such an arrangement because if I am holding my ZiG I will not sell to the black market for them to make a profit, I would rather make a profit myself by selling it to my bank so that I can get a good rate.” Dr Mushayavanhu said while the static exchange for the ZiG to other currencies was influenced by the gold price, going forward the exchange rate is going to be market-determined. “When the demand for ZiG increases, it means the ZiG strengthens. The exchange rate is not determined by the central bank but by the market and will continue to be determined by the market going forward,” he added. The Apex Bank boss said like any central bank, RBZ will, from time to time, intervene whenever the rate goes up. “We intervene by either going to the market to sell the US dollars or buy them. As the central bank, we gave the Government our rough roadmap towards de-dollarisation and we are on 80-20 percent and we hope to reach 70-30 percent by year-end, maybe 60-40 percent by the end of 2025 and maybe 50-50 by the end of 2026,” said Dr Mushayavanhu.” Zimbabwe is trading at between 80 and 85 percent in US dollars and 15 to 20 percent in local currency. “If you look at the proportion of the US dollar and local currency in the local market, they are going to create a lot of demand for ZiG come this QPD. “Every quarter Treasury collects about US$300 million from QPDs and 50 percent of that money will be required in ZiG, creating the demand for the local currency come June, and this will strengthen it,” said Dr Mushayavanhu. Responding to questions from the floor on the issue of fuel being sold exclusively in US dollars, the RBZ Governor said: “Service stations are going to find themselves with no option but to sell in ZiG because they are also taxpayers. Come June when they are required to pay 50 percent of their QPDs in ZiG, where will they get the ZiG from when they are selling 100 percent in USD?” Dr Mushayavanhu said under normal circumstances, all domestic transactions should be in local currency. “We, however, do understand our current position where 80 percent of transactions are in US dollars and 20 percent in ZiG,” he said Dr Mushayavanhu said for one to exchange ZiG for foreign currency through the bank, there should be a genuine and legitimate reason warranting that service. He said US dollars are primarily meant to honour foreign obligations. “However, if you have a genuine reason such as paying fees in a foreign university or importing raw materials or a legitimate service rendered, you can go to your bank and you will get the foreign currency,” the Governor said. Dr Mushayavanhu urged the Bulawayo community and Zimbabweans at large to embrace the new currency. “I came to Bulawayo so that we could, together, unpack the Monetary Policy Statement that we recently issued. Some people have said the Central Bank does not accept criticism, which is far from the truth and we are here to hear your views,” said Dr Mushayavanhu. “As Zimbabweans let’s have constructive criticism. I am hoping that from this meeting we are going to have a meaningful dialogue. Let’s work together as Zimbabweans to make our new currency, ZiG work.” Dr Mushayavanhu said before coming up with the MPS, the Bank consulted widely, adding that for any currency to be worth its value it has to be backed by reserves. “The amount of money in circulation versus the reserves that we had was only a tiny fraction and hence our currency was in free fall because it didn’t have the necessary support. We then decided to come up with the idea of having a stable national currency,” he said. Dr Mushayavanhu said in arriving at the static exchange rate, RBZ looked at the interbank that was prevailing on the day ZiG was introduced. “Since ZiG is predominately backed and anchored by gold we looked at the prevailing gold price and using those factors we came up with a conversion factor of about 2 500 ZWL to ZiG. I have been reading on social media and people don’t believe that we have the reserves,” he said. “On the day that we introduced ZiG, we had 2, 5 tonnes of gold, which were worth about US$185 million at the price ruling that day, and we had just over US$100 million in nostro balances, translating to a total of US$285 million.” *Zimpapers* |
| 2024-04-18 04:49:42 | *Harare City Council To Destroy Condemned Buildings* Harare City Council is set to demolish condemned buildings in the city centre as they are posing danger to people and other buildings. This comes after the local authority red-flagged more than 500 buildings, including 14 multi-storey ones in and around the city centre. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- The council’s inspectors pointed out issues of poor ventilation, lack of emergency exists and general decay. Council has since issued over 500 abetment orders to owners of the buildings, directing them to urgently repair their properties or risk their closure. Among the 14 high-rise buildings that have been deemed unsafe for occupation are Robin House, Bush House, Roseline House, Daventry House, Mahachi Building, Vivandephi Court, Steward Building, Lloyds Building and Dublin House. Council spokesperson, Mr Stanley Gama said the condemned buildings will be demolished by the local authority. “The 14 buildings that were condemned will obviously be destroyed, there is no option. We have to take them out because they are a danger to people and other buildings. These are either buildings that were built illegally or those that are beyond repair,” said Mr Gama. “The city council also identified hundreds of other buildings that need attention. They are not yet condemned but they need attention. We identified areas within those buildings that need to be rehabilitated. Mr Gama said some of the identified buildings are overpopulated. “We do not know the occupancy of the buildings as some of them have been turned into flea markets or tuckshops, but there are a lot of people in there,” Mr Gama said. Some of the buildings, especially those downtown, are in shambles as they were built in the 1920s and have not been maintained for decades, thereby posing danger to both passersby and occupants. Early this month, a woman died while six were injured when the balcony of a dilapidated building at the intersection of Chinhoyi Street and Bank Street collapsed shortly after rains were received in the capital. The building’s lack of maintenance is suspected to have compromised its structural integrity. *Zimpapers* |
| 2024-04-17 13:41:46 | *Mnangagwa Grants Amnesty To Prisoners* By Judith Matanire President Emmerson Mnangagwa of Zimbabwe has granted full remission of sentences to various categories of prisoners. In a presidential decree published in a recent government gazette, President Mnangagwa announced a significant amnesty for certain categories of prisoners. The proclamation, made under section 112(1)(a) and (d) of the Constitution of Zimbabwe, outlined the criteria for the remission of sentences. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- For convicted female inmates, excluding those convicted of specified offenses, a full remission of the remaining period of imprisonment was granted, provided they had served at least one-third of their sentence by April 18, 2024. Similarly, all juvenile inmates under the age of eighteen were eligible for full remission of the remaining period of imprisonment if they had served one-third of their sentence by the same date. Age verification would be conducted based on birth certificates or dental age estimation. Additionally, prisoners serving sentences of forty-eight months or less, who had served one-third of their term by April 18, 2024, were granted full remission, except for those convicted of specified offenses. Moreover, inmates certified as terminally ill by either a Correctional Medical Officer or a Government Medical Officer were also eligible for full remission of their remaining sentence. However, the amnesty explicitly excluded inmates charged under the Criminal Law (Codification and Reform) Act [Chapter 9:23]. This move by President Mnangagwa aims to alleviate prison overcrowding and provide relief to certain categories of prisoners, particularly women, juveniles, and those with terminal illnesses. It reflects efforts towards criminal justice reform and humanitarian considerations within the Zimbabwean legal system. *Nhau/Indaba* |
| 2024-04-17 13:36:55 | *Govt Taken To Task Over Abductions* An opposition legislator has called on the government to accede to the International Convention for the Protection of All Persons from Enforced Disappearances to stop the culture of State-sponsored abductions. Dangamvura legislator Prosper Mutseyami (CCC) made the call in Parliament while raising a point of national interest on Thursday. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- “My point of national importance is that we have an International Day of the Victims of Enforced Disappearances on the 30th of August, 2024. Zimbabwe has neither signed nor acceded to the convention,” Mutseyami said. “This convention applies to the victims who would have died as a result of the disaster, like Cyclone Idai, it applies as well to enforced disappearances like we have situations we had, of people like Itai Dzamara, Patrick Nabenyama, and many others who passed on then.” Nabanyama and Itai Dzamara are yet to be accounted for following their abduction in 2000 and 2015, respectively. Dzamara was snatched from a barbershop in Harare's Glen View suburb by suspected State security agents on March 9, 2015. He had addressed a rally in Harare prior to his abduction where he called for mass action to address the deteriorating economic conditions. In 2015, High Court judge Justice David Mangota ordered the government "to do all things necessary to determine Itai Dzamara's whereabouts." However, the government has failed to give regular updates. Nabanyama, who was a polling agent for former Education minister David Coltart in the volatile June 2000 parliamentary elections, was reportedly kidnapped by suspected State security agents and war veterans from his home in Bulawayo. He was never seen again and was in August 2010 declared dead by the courts. Dozens of other unarmed civilians were kidnapped and killed during Gukurahundi in Matabeleland and Midlands provinces. “My appeal, through your office, is to find means as to how we can come up with the motivation for our government to accede to this convention since I believe it is an important convention which applies to us as a country,” Mutseyami said. Speaker of the National Assembly Jacob Mudenda ruled: “We will engage the relevant minister and find out the modalities on how to handle your request.” International human rights activists have repeatedly called on the government to ratify the 2007 convention for the Protection of All Persons from Enforced Disappearance to stop the abductions which are regarded in international law as a crime against humanity. *AMH* |
| 2024-04-17 13:28:50 | *El Niño, Low Commodity Prices Start To Affect Companies* Declining mineral prices and El Niño-induced drought has started to affect Zimbabwean companies as the government shifts spending towards drought relief. Zimbabwe is heavily reliant on mining and agriculture, key sectors powering up the country’s economy in the midst of currency woes, hyperinflation and constrained consumer spending. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- However, South Africa’s northern neighbour has been caught up in the middle of a drought that has negated agricultural output. According to the United Nation’s World Food Programme, the El Niño phenomenon has “sparked drought, threatening agriculture and communities (and) risking food production” capacity. Gregory Sebborn, chairman of construction company Masimba Holdings (formerly Murray and Roberts), yesterday said they feared that the group’s order book of over $200 million may be affected by the shift in spending from infrastructure to humanitarian responses. “The Group has a firm order book valued at $248 million with tenures of between three months to three years,” Sebborn said. “However, the execution of this order book may be negatively impacted by the effects of the El Niño weather phenomenon and the declining mineral prices.” Sebborn added that these factors could result in the government of Zimbabwe cutting down on expenditures for the private sector. Although infrastructure spending is among the fiscal contributors to Zimbabwe’s currency woes over the past few years, according to economists, it had assisted local companies boost productivity and growth the construction sector. “These factors could lead to the government prioritising food relief over infrastructure development, and may result in capital expenditure budget cuts in the private sector,” added Sebborn. Masimba was now set to focus on cost-containment as a strategy aimed at “unlocking value” from its land bank. The drought has coincided with a plunge in the prices of commodities such as platinum and lithium, further eroding earnings from the mining sector that is already suffering from declining gold output. Zimbabwean mining companies such as Zimplats - controlled by Impala Platinum (Implats) and Mimosa, and jointly owned by Sibanye-Stillwater and Implats - have started retrenching workers as a result of depressed platinum prices. Lower lithium prices are also impacting artisanal miners, further reducing Zimbabwe’s economic liquidity and spending power. “Mineral prices continued to soften in the period under review which resulted in the decline in export proceeds,” Sebborn said. “In addition, the continued national power shortages have increased the cost of doing business.” The contracting business for Masimba Holdings commenced the financial period to end December with a solid order book comprising of roads and earthworks, water, housing, mining and energy infrastructure projects. Its order book remained balanced between the public and private sectors for the year ending 31 December 2023, with public and private sector continued investment in infrastructure development turning out to be stronger. During the year under review, Masimba Holdings raised revenues from $49.8 million (R947.06m) to $53.8m. The growth in revenue volumes has been attributed to the strong order book at the beginning of the year. “However, growth declined in the fourth quarter as a conservative approach was taken by the group to align work execution in line with clients’ payment patterns,” it said. Earnings before interest, taxes, depreciation and fair value adjustment for the period declined by 11% to $12.6m. Masimba has attributed the decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA) to the “slow down of works in the fourth quarter due to delayed payments and liquidity constraints which negatively impacted project” efficiencies. Cash generated from operating activities increased to $5m compared to $0.8m in the previous year. The company attributed this to “capital expenditure of $4.2m” incurred was “mainly aligned towards the demands of a growing order book. Capital expenditure was funded by a combination of internal resources and borrowings which lifted up to $1.9m from $0.5m. *Business Report* |
| 2024-04-17 13:25:28 | *Crackdown On Smuggled Clothes To Boost Local Industry* As part of efforts to meet African Continental Free Trade Area (AfCFTA) regulations, the government will close loopholes in the second-hand clothing trade to support the domestic clothing sector. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Speaking during the listing ceremony of Edgars on the Victoria Falls Stock Exchange (VFEX) Industry and Commerce Minister Mangaliso Ndlovu said Government is aware of the plight of the clothing sector and will see its revival through. Apart from challenges like inflationary pressures, exchange rate volatility, foreign currency shortages and erratic utilities supply, the clothing sector is also battling second-hand clothes that are sold cheaper. “Government also notes that unfair competition from the informal sector is threatening some retail businesses, including the clothing retail sector, which is also negatively affected by illegal imports of second-hand clothing,” he said. Zimbabwe banned the importation of second-hand clothes in 2015 to protect the local textile industry and encourage value addition. Restrictions were, however, eased following an outcry from vendors’ associations, whose members survive on the business. Imports are now controlled. Government promulgated Statutory Instrument, S1 122 of 2017, to regulate the importation of second-hand clothing. “However, we still have challenges posed by our porous borders. Suffice it to say that Government is seized with these issues and efforts are underway to come up with technology based surveillance systems aimed at curbing smuggling of second-hand clothing,” he added. Traders ordinarily source bales of second-hand clothes from Tanzania, Mozambique, South Africa and Zambia for as little as US$150. Due to import controls, the bales are often smuggled into the country using undesignated entry points. According to the Minister, Government will also continue to come up with intervention measures to level the playing field between formal and informal businesses. *Business Weekly* |
| 2024-04-17 13:25:14 | *US Removes Zim Sanctions Regulations* The United States Treasury has confirmed the removal of sanction imposed in 2003 through the publication of the final rule to remove the Zimbabwe Sanctions Regulations. The Office of Foreign Assets Control (Ofac) issued the final rule to remove the Zimbabwe Sanctions Regulations from the Code of Federal Regulations yesterday. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Last month, US President Joe Biden issued an executive order repealing the first order issued in March 2003 which blocked property of several political leaders in Zimbabwe for “undermining democratic processes or institutions in Zimbabwe.” Then US President George W Bush had determined that actions and policies of certain members of the Zimbabwean government and others had contributed to the breakdown of law in Zimbabwe. The order also accused the government then led by the late President Robert Mugabe of promoting politically-motivated violence and intimidation in the country. The order also noted that the Mugabe administration was responsible for the political and economic instability in the southern African region. Bush said the government also “constituted an unusual and extraordinary threat to the foreign policy of the United States” before declaring a national emergency to deal with the threat. The restrictions were subsequently renewed over the years until their removal this year. In confirming, the US Treasury department said Ofac was taking this action because the national emergency on which part 541 was based was terminated by the president on March 4, 2024. “The rule is currently available for public inspection with the Federal Register and will take effect upon publication in the Federal Register on April 17, 2024,” the department said. Ofac last month designated 11 individuals, including Zimbabwe’s President Emmerson Mnangagwa, and three entities for their involvement in corruption or serious human rights abuse pursuant to executive order 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act. Mnangagwa last month became the first sitting head of State to be designated by the US under its Global Magnitsky Programme alongside wife Auxillia and Vice-President Constantino Chiwenga. Others are Defence minister Oppah Muchinguri, Midlands Provincial Affairs minister Owen Ncube, Central Intelligence Organisation deputy director Walter Tapfumaneyi, businessman Obey Chimuka and tycoon Kudakwashe Tagwirei as well as his wife Sandra. Sakunda and Fossil Group, companies that are linked to Tagwirei and Chimuka, were also put on the new list. *AMH* |
| 2024-04-17 11:25:50 | *ZNA Members Nabbed Over US$142k Heist* Police in Harare have arrested nine suspected armed robbers including three serving members of the Zimbabwe National Army (ZNA) for involvement in five counts of robbery involving US$142 000. The suspects yesterday appeared before Harare magistrate Taurai Manuwere who remanded them in custody to May 2 for bail application. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Addressing the media in Harare yesterday, national police spokesperson Assistant Commissioner Paul Nyathi identified the suspects as Innocent Chawaguta (37), Tafadzwa Chirinda Charute (36), Owen Mbayi (37), Promise Mussa (36), Tapiwa Chigwaze (39), Wintson Matizanadzo (46), Kamuriwo Mudziwaona (39), Farai Chauke (38) and Simbarashe Vhazhure (33). Meanwhile, prosecutor Anesu Chirenje alleged that on May 16, 2022 at midnight, the suspects scaled a precast wall at the J and P Security company offices in Eastlea, Harare. They were seen on the CCTV by two guards who were in the control room, and one of the guards went outside to investigate but was confronted by the alleged robbers who were armed with pistols and rifles. The suspects reportedly tied the guards before seizing keys to the strong room and stealing cash that had been collected from various clients for cash in transit services. A reaction team which responded to a distress call was also confronted by the robbers who tied them before they disappeared with cash amounting to US$142 995 and six different firearms. In another case, the robbers on March 28 this year allegedly confronted workers at a service station driving two vehicles — a silver Nissan AD van and a white Mitshubishi — and pretended to be customers. One of the robbers, armed with an unidentified pistol disembarked from the vehicle and the fuel attendants fled and a security guard fired a warning shot in the air. Chirenje told the court that the other robbers disembarked from the vehicles armed with two AK-47 rifles and six unidentified pistols and disarmed the guard. The armed robbers allegedly broke the screen and door to the office and blew up a safe using explosives but failed to acess the money. Meanwhile, addressing the media yesterday, Nyathi said the robbers were linked to cases in Harare, Murehwa and Shamva. “The suspects are clearing five armed robberies, initially, but I want to assure Zimbabweans that as investigations continue all cases in which these suspects were involved are going to be reviewed,” he said. Nyathi reiterated that any members of the security forces involved in criminal activities will face the full wrath of the law. *AMH* |
| 2024-04-17 11:25:19 | *.....Continued* *‘No Gold Reserves Were Ever Stolen During My Tenure ’: Ex-governor Gono* *The Arithmetic* 200,000 Troy Ounces value $150 million ———— Cost (Discount) 34 percent ($51 million) Guarantee Fees to SA Bank ($18 million) ———— Total facility cost over 2 years US$69 million ———— Income Side: ——————- Raising Fees charged to Zim customers per quarter: 0,0075x$600 x 8 = $36 million Interest @ 5 percent/quarter $60 million Interest on int & fees (US$7 million) ————- Total income to the RBZ $103 million Less cost of facility ($69 million) ————— Net income to RBZ $34 million —————- Equivalent to a gain of 50,000 Troy ounces of gold in the 2 years the facility was planned to run for. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- That amount would have been more than sufficient for the nank’s own operating expenses without the need to knock on treasury for support from tax-payer funds. The bank was required to pay $5 million worth of gold as a deposit and this was paid. When the lender couldn’t deliver the cash backing per contract, the agreement was cancelled and RBZ got back its US$5 million. No prejudice to anyone. It is important to also realise that we were dealing with an internationally recognised jeweler and the Saudis are generally very honest people. And to say “our gold reserves were stolen” is wrong. We despatched about 7,500 or so Troy ounces worth $5 million. We got back our $5 million. At that time, in May 2006, gold prices were about $700/oz if I am not mistaken. *Some Basics* *What Is The Meaning Of Gold Reserves?* The term reserves generally refers to any surplus to immediate requirements. Gold reserves in this case would mean that RBZ had accumulated at some stage, surpluses to its immediate needs but nothing could be further from the truth. I got into a car that had no fuel on December 1, 2003, and I did my best to drive it on empty. The Saudi contract was going to be fulfilled over a 12-24 months from incremental gold coming from the ground. We had done our homework as far as who the off-takers of the facility were going to be. It was not a blind shot so to speak. To then mislead the public by saying RBZ lost the nation’s “gold reserves” is surely technically wrong and dangerous, worse when we seek to badmouth and besmirch the dead. Inga zvinonzi “wafa wanaka” wani? Why this penchant towards hate speech against those you were with in the bush but never against Ian Smith? Nobody has bothered to find out how the RBZ was being run during the 15 years of sanctions and what some of us found in whatever records remained in there. I certainly am not a direct descendant of St Peter or any of the Apostles who probably did not make mistakes but whatever mistakes my team and I made during my tenure were neither deliberate nor fraudulent as all the audited set of books during my time there can attest. It is this same kind of irresponsible talk we witnessed from Ambassador Chris Mutsvanga who also happens to be my uncle, which in September/October 2021 led to ZACC spending public money and hours on a wild goose chase after an anonymous someone misled ZACC to think the same way as many Zimbabweans have been emotionally whipped to think. ZACC carried out extensive investigations into this matter under Ref. 58/12/20 and 102/11/20 examining documents and interviewing RBZ governor Mangudya, Azvinandaa Saburi (director of financial markets who signed the contract with Saudis under my authority) and others including myself in September 2021 and concluded that everything was above board and that there was no prejudice to anyone including the RBZ and the nation at large. *Verifying Facts* It is key and important for people entrusted to speak on behalf of important organiSations and political parties to always check their facts thoroughly for the sake of their own credibility and that of others. I forgive my sekuru for he was misled into believing that something was really amiss and more importantly, he was in the People’s Republic of China as our ambassador at the time we were battling to sort this economy out so he wouldn’t have been aware of some of the difficulties we went through to try and raise funding, including that required to support our esteemed embassies. This country could benefit more from our individual and combined efforts if we sincerely direct them towards what President Mnangagwa and the Second Republic are trying very hard under difficult circumstances to achieve than to engage in blame-games that will not strengthen our new currency or take us forward, especially during the country’s period of Uhuru brought about by my sekuru and others. Happy 44th to us all. I cherish the wonderful work being done by the Second Republic and salute all our national heroes and heroines, gallant fighters of our liberation war, mujibhas and chimbwidos. Be advised all, that no gold was lost during my time as governor. Dr Gideon Gono. RBZ Governor During Biting Sanctions (2003-13) 17 April 2024 *ZimLive* |
| 2024-04-17 11:25:05 | *‘No Gold Reserves Were Ever Stolen During My Tenure’: Ex-governor Gono* RECENT pronouncements by Chris Mutsvangwa, the Zanu PF spokesman falsely alleging that the Reserve Bank of Zimbabwe ( RBZ) lost an unspecified quantity of gold to an unnamed Arab country during the tenure of an “unnamed governor” who served under the late former President Robert Mugabe (MHDSRIEP) put the nation in a state of unnecessary frenzy. If such lies are left unchecked with authentic facts, they could become that “little spark” that sets alight a whole forest at a time when the Reserve Bank of Zimbabwe and the country at large have more important issues to deal with than waste time attending to veld-fires whose uncontrolled consequences could end up melting whatever confidence the bank is trying to build around itself, the country and this great nation at large. And how dare we dampen people’s spirits at this “ celebratory hour” with blatant lies? ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Ordinarily, past governors are not supposed to comment publicly on matters “current” which a sitting governor is capable of dealing with regardless of which period those matters occurred. However in this case, I feel the need for leadership in dealing with this matter, so that we do not burden our new governor John Mushayavanhu or immediate past governor John Mangudya with an historical matter that I can easily deal with myself without ambiguities or the need to look for Sekuru Ndunge, the late doyen of traditional healing and forecasting to return from the other world so he can provide spiritual proclamations to something that is so straightforward, simple (if we respect TRUTH) and explainable in plain, non-technical English. If this explanation still proves difficult to understand, I would advocate that we ask President Emmerson Mnangagwa to set up a Commission of Inquiry in terms of the Commission of Inquiry Act (Chapter 10:07) incorporating all interested parties to look into this serious allegation of perfidious proportions and report to the nation its findings in simpler language than I would have done here. Ordinarily too, no governor would want to comment publicly on any matters he/she dealt with while in office because the Official Secrets Act which binds and prohibits us from commenting on specific documentation received or matters of the state dealt with during our periods in office. Section 4 is particularly telling – level 14 fine or 20 years in jail or both if violated. But I am risking that by putting the record straight in a manner that cleans the image of the nation’s central bank. The third reason I have decided to take the bull by the horns is the ambiguous nature of the allegations, casting aspersions on many distinguished personalities who served as governors under former President Robert Mugabe and still carry “scars and pride” of national service equal only to a few living souls around during one of the most difficult economic episodes of our country. The ex-governors’ integrities ought to be respected and protected in retirement, as well as those ministers of finance under whom they served and reported to. It is my duty to set the record straight for their sake as well as mine, so that our new governor does not take his eyes off the “ZiG ball” to go into the archives of 18 years ago, searching for files and records for a response to this little fire that has deliberately or inadvertently been started with checking facts with all concerned. For the record, former governors for the period concerned which excludes our inaugural independence governor the late Dr K. Moyana (1983-93) are: Leonard Tsumba (1993-2003); acting governor Charles Chikaura (May 2003-November 2003); acting governor Charity Dhliwayo (December 2013-April 2014); John Mangudya (May,2014-November 2017). These periods were under the late former president Robert Mugabe. I am sure all of them have suffered some distress because the statement from the Ambassador Spokesperson was ambiguous as to who among us could have been that dumb or daft! Now they can all sit back and tell their families and friends “no it was not me who was being referred to!” I proudly served the longest of that sanctions period, 10 years in all, giving my country the best I could, from December 1, 2003, to November 30, 2013, and it is natural to guess then who did what and when. *Upfront* Upfront, in summary, let it be known by all that we are talking here of what could, if it had succeeded, have been a “structured gold-backed transaction” which required mining the gold from underground in the first place, then export it in exchange for funds that would have been delivered and repackaged “fourfold in the first place” involving international banks and all above board, but after the first transaction amounting to a US$5 million deposit was executed by RBZ, the transaction failed on the other side and all parties to the envisaged transaction reimbursed each other, with no prejudice incurred or suffered by any of the parties to the transaction and ultimately, no gold was mined from underground for further export in terms of the initial agreement which is now causing a hullabaloo due people who were not part of the RBZ team trying to confuse the nation instead of letting us happily celebrate our 44th Independence One frowns at the timing of the release of such “ news” even if, by any stretch of imagination, it was true! We need a little bit of finesse and circumspection in the discharge of our duties when it comes to the dissemination of information that has potential to harm the reputations of others in our positions as leaders. That’s the summary but here are the details. *Background* Managing this economy during the period 2000 to 2017 was not a walk in the park for any governor. The full story is yet to be written about the trials and tribulations of the times but that is for another day. Some of us got onto the sanctions list in 2001 and for 23 years we were not free Zimbabweans as some amongst us. Again for another day. We will always come out of retirement and defend the country when someone tries to burn it by setting the record straight when necessary. The country survived through a series of non conventional gymnastics at a time when it was easier to give up than to accept thankless national service with all its risks in an environment of severe sanctions, international isolation, mono-currency and politically driven hyperinflation. It was a period most people witnessed the futility of trying to turn around our economic fortunes in an environment of needless political confrontation and conflict among fellow citizens. Again, that’s for another day. *The RBZ Gold Contract Of 2006* When making public statements from positions of authority, we must resist the temptation to be excitable and ambiguous, particularly when dealing with matters that could harm the confidence of key institutions such as a central bank. Facts and full facts backed by understanding the technical side of the matters at hand as well as context are important. Faced with a “no forex reserve” situation for both government and industry, it was incumbent on the sitting governor to find that forex by whatever legal means and be accountable for every move taken by the central bank and its officials. It was also important to keep the principals, especially the president, fully in the picture and to ensure that at the end of each year, the bank’s books were audited by at least two of the big five external international audit firms and results submitted on time to the minister of finance and parliament. The RBZ, during my tenure, was at different times annually audited by Delloite & Touché, KPMG, Ernest & Young as well as by Kudenga & Co BDO. At no time during my ten years at the bank did we get qualified accounts. In May 2006, the RBZ, after getting express approval from President Mugabe, entered into an agreement with a large jewelry company based in Saudi Arabia. The contract sought to provide Zimbabwe with an immediate cash injection of US$150 million. At the same time, we negotiated with a large South African bank to deposit that money with them as cash security in exchange for a guarantee line of credit four times that amount, that is US$600 million, which was to be used for importation of goods and services from South Africa particularly electricity, fuel, grain, fertilizers, mining inputs, machinery etc. on a three-month revolving basis for 12-24 months as long as the cash backing was there. The guarantee was to cost us 1-2 percent negotiable at the time of execution while the Saudi deal required us to supply over the same period a total of 200,000 Troy ounces of gold at a discount of 34 percent London Bullion price on day of trading/delivery. The discount was on paper very steep but overally when we worked out the sums against the imminent risks that were facing us, we saw ultimate benefit to this economy through the multiplier effect of running the US$600 million facility on a three months cycle for 24 months against gold which was still underground worth between $140-150 million to be supplied over a 24 month period while the economy got $600 million for immediate use at a cost of 1,5 percent per annum fees. *ZimLive* *Story Continues....* |
| 2024-04-17 07:58:30 | *Nine People Murdered Since Last Week* AT least nine people have been murdered in separate incidents countrywide since last week. Some of the suspects linked to these cases have been arrested while others are still on the run. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- National police spokesperson Assistant Commissioner Paul Nyathi confirmed the incidents. “Police in Ruwa are investigating a case of murder in which Nomore Chitupa aged 33 was found dead in his bed in Damafalls Phase 4, Ruwa on April 13. “The victim had allegedly been assaulted by an unknown suspect at a night club in Damafalls Phase 4, Ruwa on April 12, 2024, at around 0130 hours following an argument over an unknown issue during a beer drinking spree,” he said. Police in Warren Park are also appealing for information which may lead to the arrest of Brighton Nyamukapira who is wanted in connection with the murder of Edward Goto (38). The suspect accused Goto of stealing sadza before he allegedly stabbed him once on the neck with a sharp object at a car park in Warren Park D, Harare on April 12. In another case, police are investigating the death of a yet-to-be-identified man who was found in an advanced state of decomposition in a maize field in Kuwadzana 5 Paddocks, Harare on April 12. The victim’s body was taken to Sally Mugabe Hospital mortuary for post-mortem. Members of the public missing their relative or anyone with information should contact Kuwadzana Police Station. Police have also confirmed the arrest of Serial Mudzudza (32) in connection with a case of murder which occurred in Madhovi Village, Seke on April 10, 2024 in which Edgar Magaya (35) died. The suspect allegedly struck the victim with a six-pound hammer on the head following a misunderstanding over an undisclosed issue. Meanwhile, police in Mahusekwa are appealing for information which may lead to the arrest of Kudzanai Murwira who is wanted in connection with a case of murder in which Wiseman Chakavanda (44) was found lying dead in his bedroom in Nzvere Village, Chihota in Mahusekwa area on April 11. The suspect had allegedly assaulted the victim over an undisclosed issue on April 9. Last week, a suspected thief was attacked and killed by a mob after he was found stealing some maize cobs in a field in the Rugare area, Harare. The suspect, who has not yet been identified, was found by Gift Kamuripa (49) stealing some maize cobs in his field. Kamuripa has since been arrested in connection with the murder. “Police in Harare are investigating a case of murder which occurred on April 5, 2024, at an open space in Rugare. A mob attacked a yet-to-be-identified man after he was found by Gift Kamuripa, aged 49, stealing some maize cobs in his field. Meanwhile, police in Gwanda are appealing for information which may assist in investigating another case of murder in which Khaulani Ndlovu (32) was found dead with multiple stab wounds all over the body along a dust road between Mornef and Bina mine area on April 6. Police in Harare are also investigating a case of murder which occurred on April 8 at Cross Shopping Centre in Epworth in which the suspects, identified as Tichaona Kanje (27) and Benny Chipiwa (18), took turns to assault the victim, Prosper Jonasi (35) with fists and booted feet all over the body after an argument. Tichaona Kanje later hit the victim with an empty beer bottle on the arm and he died upon admission to Sally Mugabe Hospital. Police are also appealing for information which may assist in identifying a man aged between 50 and 55, who was found dead along an unnamed dust road in Mutumbi Village, Seke, Dema on April 10. The victim was wearing a maroon pair of trousers, a cream jacket and had no shoes. The body is at Chitungwiza Hospital mortuary. Members of the public missing their relative or anyone with information may report at ZRP Dema or contact ZRP Marondera District on (06523) 27676. *Zimpapers* |
| 2024-04-17 07:58:16 | *Advocacy Group Condemns Zanu PF Spokesperson Mutsvangwa's Statements* Local peace advocacy group Heal Zimbabwe Trust has voiced deep concern over statements made by Zanu PF national spokesperson Christopher Mutsvangwa regarding the distribution of food aid amid the country’s battle with food insecurity. Mutsvangwa’s remarks, made during a press conference in Harare yesterday, have raised red flags for Heal Zimbabwe Trust, who fear that partisan distribution could exacerbate an already dire situation. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- In a statement, the advocacy group raised alarm over declarations that the ruling party would be will take charge of the distribution of food aid in the country. “Heal Zimbabwe notes with concern utterances made by Zanu PF Spokesperson Mr. Christopher Mutsvangwa stating that the ruling party will take charge of the distribution of food aid as the country battles food insecurity. Mr. Mutsvangwa made the remarks during a press conference in Harare. “Over the years, Heal Zimbabwe has recorded cases of partisan food distribution where aid has been weaponized against members of opposition political parties. As part of seeking recourse over such cases, Heal Zimbabwe has facilitated for citizens to make formal reports to the Zimbabwe Human Rights Commission (ZHRC), a commission charged with promoting human rights awareness and promotion,” read the statement The group emphasizes that the politicization of government aid has marginalized and coerced vulnerable members of society, particularly those supporting opposition political parties. Emirates “The political weaponisation of government aid has led to the marginalisation and coercion of vulnerable members of our society particularly those supporting opposition political parties. The statement by Mr Mutsvangwa not only undermines the democratic fabric of our country but lays bare the conflation of the state and the ruling party which has violated the fundamental rights of individuals and communities to receive aid without discrimination,” said the advocacy group Citing international standards, including the United Nations Committee on Economic, Social and Cultural Rights (UNCESR)’s General Comment 12, Heal Zimbabwe Trust asserts that discriminating in food aid distribution on political or any other grounds violates fundamental rights. The organization calls upon the government to ensure that aid distribution is carried out solely through the Department of Social Welfare in collaboration with local traditional and elected leadership, while also designing mechanisms to prevent abuse and politicization of aid. With an estimated 3.5 million Zimbabweans acutely food insecure and in urgent need of assistance, Heal Zimbabwe Trust urges the government to establish or strengthen mechanisms to safeguard against manipulation and abuse of aid. The advocacy group implored the Zimbabwe Human Rights Commission (ZHRC) and the Zimbabwe Anti-Corruption Commission (ZACC) to actively combat corruption and ensure transparency in aid distribution. In a broader call to action, Heal Zimbabwe Trust implores civil society organizations and developmental partners to vigilantly monitor and hold all stakeholders accountable in efforts to alleviate poverty and food insecurity, especially in the face of the devastating effects of the El Nino-induced drought. *263chat* |
| 2024-04-17 07:58:04 | *Human Rights Activist Challenges Funding Of Ineffective Peace Commission* THE continued existence of the moribund National Peace and Reconciliation Commission (NPRC) which has scandalously failed to resolve sensitive national conflicts such as the Gukurahundi genocide and the 2008 election massacres has come under the spotlight, with a leading human rights activist challenging the allocation of public funds to the entity. Seasoned human rights defender Jestina Mukoko (pictured) recently approached the courts seeking a declaratory order to have the commission disbanded for overstaying its 10-year constitutional mandate. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Mukoko was abducted by state security agents on 3 December 2008 and spent 21 days incommunicado, but no justice was delivered by relevant institutions while the then State Security minister Didymus Mutasa refused to disclose the names of her violators. The latest High Court application filed on Mukoko’s behalf by the Zimbabwe Human Rights NGO Forum is dated 20 March 2024. Finance minister Mthuli Ncube, Parliament of Zimbabwe and Attorney-General Virginia Mabhiza are cited as respondents. Part of the application reads: “This is an application for a declarator in terms of section 14 of the High Court Act in terms of which I seek relief in the following terms: That the National Peace and Reconciliation Commission established in terms of section 251 of the Constitution of Zimbabwe has ceased to exist as of the 23rd of August 2023 and therefore; “That the purported allocation of public funds in terms of the National Budget Statement of 2024 to the National Peace and Reconciliation Commission is unlawful and is thus null and void. No Order as to costs.” Outlining her locus standi, Mukoko told the court that the respondents have flagrantly acted outside the law in allocating financial resources in the 2024 National Budget outside the law to an entity that does not exist at law. “I allege that their actions are contrary to the dictates of the law as set out in the Public Finance Management Act [Chapter 22:19]. They are also imprudent, uneconomic and lack transparency thus in direct violation of tenets of public financial management in terms of our Constitution particularly in terms of section 298(1)(d). “I believe that I have a direct and substantial interest in the expenditure of public funds being a registered taxpayer in Zimbabwe and thus a contributor to the Consolidated Revenue Fund. I am also a citizen of Zimbabwe who is ordinarily resident in Zimbabwe,” submitted Mukoko. She added that she had dedicated the greater part of her life to public service as a human rights and peace practitioner in Zimbabwe and is an active citizen with a well-known record of advocating for the upholding of laws and constitutional values and keeping public servants accountable to the people. “My driving force, at a very basic level, may very well be section 3 of the Constitution of Zimbabwe which provides that Zimbabwe is founded on the respect for the following values and principles (inter alia): Supremacy of the Constitution, the rule of law, fundamental human rights and freedoms and good governance.” She submitted that Ncube, who presented the budget, erred in allocating funds to the NPRC, with Parliament caught off side when it passed the budget. Mabhiza is cited for failing to advise the government on the illegality of funding the NPRC after its term expired which is part of her mandate as the top lawyer of the state. “It is prayed for that the Court declare that the NPRC has ceased to exist by the interpretation of section 251 of the Constitution and therefore that any allocation to it of public funds is unlawful, null and void. “This application stands to benefit the generality of the Zimbabwean public and thus I do not pray for costs and neither do I believe costs should be sought against me. I am aware that our Courts have been seized with the interpretation of section 251(1) of the Constitution before for which there is no determination on the merits to date. I believe that a pronouncement of the Court on this issue stands to make the law certain,” further reads Mukoko’s application. She insisted that it is not within the confines of the Public Finance Management Act for the first respondent or any of the respondents to allocate financial resources to an entity which does not exist in terms of the law. She added that there is no law that allows public expenditure in favour of the NPRC, saying this event is contrary to section 17 of the above-mentioned Act. The NPRC at its commencement was led by former Speaker of Parliament Cyril Ndebele who died in 2016. The body was mandated to deal with post-conflict healing and reconciliation. Retired judge Selo Nare took over in 2018, but in all these years, the entity failed to effectively hold to account perpetrators of major conflicts in post-independence Zimbabwe. The conflicts include the Gukurahundi genocide. President Emmerson Mnangagwa is implicated in the massacres which claimed the lives of 20 000 civilians in Matabeleland and the Midlands provinces. The NPRC also failed to deliver any healing and reconciliation for the bloody political violence conflict of 2008 in which hundreds of opposition MDC supporters were killed as the late President Robert Mugabe pushed for a grinding victory after being outpolled by the late Morgan Tsvangirai in the first round of the election. There was also Operation Murambatsvina which left countless citizens homeless after their houses were demolished by a rampaging state. *thenewshawks* |
| 2024-04-17 07:57:51 | *Independence Day: War Vets Not Happy Over Unfulfilled Promises* Government has been accused of reneging on its promises to construct 10 state-of-the-art memorial hospitals across the country in honour of war veterans. The hospitals were meant to service ex-combatants as well as war collaborators, detainees and other interest groups for their role during the armed struggle. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- In 2018, government claimed to have set up a special purpose vehicle to spearhead the project. Three years earlier, it had said it had secured funding from a US$250 million credit facility from the Export and Import Bank (Exim Bank of India) for the project. However, there has been zero movement on the project. In a statement to mark the 44th Independence Day celebrations, the Zimbabwe Liberation Memorial Hospitals (Private) Limited said ex-combatants were disappointed. Hospital, Industrial and Scientific Investments chief executive Fredrick Ngombe said there was no political will to cater for war veterans’ needs. “As the nation of Zimbabwe approaches its 44th Independence Day on April 18, 2024, the Zimbabwe Liberation Memorial Hospitals (Private) Limited stands in remembrance of the valiant heroes and heroines who sacrificed their lives and the well-being of their families in the pursuit of our liberation,” Ngombe said. “Yet, almost half a century post-independence, we find the welfare of our esteemed veterans of the liberation struggle ensnared in a web of endless planning, bureaucratic gymnastics and projects plagued by perpetual false starts. “This is a disheartening reality that betrays the principles for which they fought.” Ngombe rallied Zimbabweans to push authorities to “uphold the values and sacrifices of both the fallen and the living”. “The welfare of our veterans should not be a mere footnote in history, but a priority realised within their lifetimes,” he said. In an interview with NewsDay, Zimbabwe National Liberation War Veterans Association chairperson Ethan Mathibela said government had failed to cater for the welfare of war veterans. “The medical service proposal we gave to the government for assistance has been unfortunate more than twice. First of all, it was with the first republic,” Mathibela said. “It had Cabinet approval and then the government had a change of heart at the last minute, which was very unfortunate. “Secondly, with the second republic, it’s the same thing. It would look like the plight of veterans is not taken very seriously.” Mathibela said ex-combatants were living miserable lives. “You can see 44 years down the line, you look at the welfare of veterans, in their large numbers, I could safely put it, between 80% and 90% of war veterans, they have nothing to show for it, very sadly,” he said. “Yet this country has so much in terms of resources, natural resources, which are God-given. But we still are wallowing in abject poverty. Efforts to get a comment from Veterans of the Liberation Struggle Affairs minister Monica Mavhunga were fruitless as she was not picking calls. *AMH* |
| 2024-04-17 07:57:37 | *What The New ZiG Currency Means For Big Retailers Like Spar, PnP & OK* From the tiny space he rents in the central business district of Bulawayo, Zimbabwe’s second-largest city, Brian Tinotenda can look across the street and see the supermarket where he used to work. Along with nearly two dozen other informal traders, Tinotenda pays roughly $200 (R3 800) a month for the small space from which he sells toiletries and foodstuff such as rice, cooking oil and cornmeal – the same products he sold at the Spar Group before starting his own business in 2021. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- While there are many differences between his new job and his last, one of the big ones is that now all of his wares are priced in US dollars. The Zimbabwean government is hoping to change that. Earlier this month, it introduced a new currency, the ZiG, short for Zimbabwe Gold. The ZiG is backed by 2.5 tons of gold and about $100 million in foreign currency reserves held by the central bank, and a single ZiG is worth about 7 US cents, the price of a milligram of gold. The move is an effort to stabilise the volatile exchange rate that has roiled the country’s retail sector and given an upper hand to informal traders like Tinotenda. For more than a decade, Zimbabwe has been struggling with a currency crisis sparked by the government’s decision to keep printing money. That has fuelled hyper-inflation, which in 2008 reached the official rate of 500 billion percent. To get things under control, the country adopted greenbacks for more than a decade, before switching back to Zimbabwean dollars in 2019. The trouble is that, while businesses have been forced to use Zimbabwean dollars at an official exchange rate set by the central bank – which is widely seen as overvalued – traders have stuck with the more stable American dollar. This has meant that retailers have been obliged to sell items at prices that are often significantly more expensive in US dollar terms than those same items for sale on the street. The policy has been a boon to informal traders, as 80% of all commerce is conducted in US dollars. It’s also been a serious liability for major retailers such as the Johannesburg Stock Exchange-listed Pick n Pay Stores Ltd. and rival OK Zimbabwe Ltd., which has operated in the country for 82 years. With inflation soaring — it hit 55% in March — and the local currency prone to wild swings, exchange-rate losses have eroded the value of earnings. The exchange rate restrictions created a “huge disadvantage” for “compliant businesses who grapple with taxes, licensing, labour costs and rentals,” said Denford Mutashu, president of the Confederation for Zimbabwe Retailers. The IMF has cautioned that they “promote informality, which erodes the tax base and undermines longer-term growth.” Retailers have been even more blunt. OK Zimbabwe, which makes only 20% of its revenue in US dollars, said the policy puts businesses at risk of “forced death.” The ZiG is an “effectively revalued” Zimbabwe dollar, said Tony Hawkins, a Harare-based economist and a former economics professor at the University of Zimbabwe. To support the new currency and spur growth curtailed by high borrowing costs, the central bank reset interest rates from 130%, a world record, to 20%. And so far, the ZiG is off to a promising start — after more than a week of trading, it has gained 1.5% against the US dollar. That’s a significant change from the Zimbabwean dollar it’s replacing. When the dollar was handed its death sentence on April 5, it was one of the world’s worst performing currencies, trailing behind only the Lebanese pound. It lost value every single trading day of this year. Another factor that authorities hope will help the ZiG succeed is that businesses will no longer be forced to stick to a fixed exchange rate. Assuming the currency stays stable, said John Mushayavanhu, Governor of the Reserve Bank of Zimbabwe, retailers now run the risk of driving themselves “out of the market” if they raise prices too much. While businesses rush to adapt to the ZiG, one of the biggest concerns is whether it will create a parallel currency market — which could threaten its exchange rate stability. If the ZiG’s value were to rise or fall in the informal sector, for instance, that could have an effect on the prices of goods and services, which could then be reflected in the official exchange rate. According to the Harare-based brokerage firm IHS Securities Ltd., it’s just a matter of time before this takes place. It’s likely that “some form of parallel market will emerge as a significant portion of the population remains unbanked,” it said in an April 8 note to clients. “It is yet to be seen what level the parallel rate will settle at.” A street market price of 16 ZiG per dollar was being quoted Tuesday by ZimPriceCheck.Com, a website that tracks official and parallel exchange rates. The majority of Zimbabwe’s 6.3 million working people are informally employed, according to the country’s national statistics agency. Wholesale and retail trading of goods such as soft drinks, perfumes and even diapers is common, and many traders work out of “tuck-shops” — tiny spaces in densely packed buildings. Those who want to avoid overhead costs might sell from the trunk of a car or by the side of the road. The Reserve Bank of Zimbabwe estimates that the informal sector generates $14 billion in annual revenue. The World Bank has called Zimbabwe’s black economy — which operates on a strictly cash basis — the world’s second-largest after Bolivia. Impromptu markets and tuck-shops are so popular that some major retailers have linked them to a decline in foot traffic. In downtown Bulawayo’s central business district, informal traders sit along a row of sky-blue make-shift tents hawking bales of second-hand clothes and electronics. Known as “mabhero,” the bales come from neighboring countries such as Mozambique and Zambia, where traders buy goods in US dollars to bring back to Zimbabwe. Clothes are laid out in piles on the ground for pedestrians to stop and pick through. These mabhero sellers are eating into the margins of larger clothing competitors such as Edgars Stores Zimbabwe and Truworths Ltd Zimbabwe. Sales have declined due to “cheap and fake imports selling at below local and international manufacturing costs,” said Truworths in a March financial results release, adding that it “cannot viably compete.” Such cross-border imports aren’t limited to clothes: On social media, some sellers even offer contraband Starlink terminals. These Space X-made kits, which aren’t yet legal in Zimbabwe, sell for between $1 000 and $1 250 US. As retailers continue to lose ground to informal sellers, many are hoping the ZiG will offer relief. Because it isn’t pegged to a fixed exchange rate, Maxen Karombo, chief executive officer of OK Zimbabwe, said he’s optimistic about it. “This should bode well for all in retail,” Karombo wrote in response to questions, “as we now compete on the basis of value.” Mike Kamungeremu, president of the Zimbabwe National Chamber of Commerce, said the plan is to “give ZiG a chance” and to review the new currency’s effectiveness and impact by June. Still, as Imara Asset Management, the country’s biggest independent brokerage, observed in a recent quarterly note, breaking up with the US dollar will be a challenge. As the informal market has grown, some big manufacturers now prefer to operate in it. Among the businesses that straddle both sectors are Zimbabwe’s two largest bread manufacturers, who supply tuck-shops and roadside traders with bread every morning. The wholesale price for a loaf of bread is 80 US cents, Tinotenda explained, and most informal traders price them at $1. “But walk into the supermarket, there they sell the same bread for $1.20,” he said. “No one buys it.” *Bloomberg* |
| 2024-04-17 07:23:55 | *Rights Abuses Surge As Hunger Bites* The partisan distribution of food aid in areas ravaged by the El Nino-induced drought has led to a surge in conflicts across Zimbabwe with the ruling Zanu PF party being the major perpetrator. Zimbabwe faces an acute food crisis with the country expected to have reduced yields due to erratic rainfall during the 2023/24 agricultural season. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- President Emmerson Mnangagwa has declared the drought a state of national disaster and sent an SOS seeking more than US$2 billion for food aid. The government in collaboration with the World Food Programme (WFP) has since launched a food deficit mitigation programme to help vulnerable communities during the peak hunger season, between January and March 2024. The ruling Zanu PF party national spokesperson Christopher Mutsvangwa told the media this week that their officials will be superintending food distribution across Zimbabwe. The Zimbabwe Peace Project (ZPP), in its monthly report for March this year, noted an increase in violence emanating from partisan distribution of food aid across the country. ZPP recorded a total of 167 violations of human rights across the country — 108 involved intimidation and harassment in March this year. The report also revealed that 12 cases of human rights abuses involving food aid were recorded last month. “A high ranking Zanu PF official and Member of Parliament for Nkayi North, Sithembiso Nyoni, was on record warning citizens that in the wake of the drought, ‘non-Zanu PF members should join the ruling party or risk being left out in receiving food aid’. Nyoni was distributing food aid in ward 5 at Shu Shine under Gobhi village,” part of the report read. Nyoni is also the Environment, Climate and Wildlife minister and a Zanu PF politburo member. “In the midst of an El Nino-induced drought, partisan and unfair distribution of food aid will increase the vulnerability of Zimbabweans who are food insecure,” the report said. The ZPP said Zanu PF officials were at the centre of “a continued abuse of power, violation of human rights and manipulation of food aid, a means used to compel ordinary citizens to become members of the ruling party.” Zanu PF director for communications Farai Marapira, however, dismissed the report saying the ruling party upheld all tenets of democracy and “will defend them to the best of its ability”. “Fallacies that the party is abusing food aid is (sic) the imaginary lie spoken by an opposition and its agents with no tangible addition to the solutions for challenges bedevilling us because of El Niño (sic),” Marapira said. “We shall ensure that all Zimbabweans regardless of race, tribe or gender shall be accorded equal access to States assistance. On this there is no compromise as the President has always said he is a president for all.” Public Service, Labour and Social Welfare ministry secretary Simon Masanga said the allegations were false. “There is no such thing as partisan distribution of food aid. We are giving food to every Zimbabwean citizen regardless of political affiliation. I would like to know where this has happened so that we look into it,” Masanga said. He added: “We will look into it but I doubt very much such things are happening. We use the help of Agritex officials who work in connection with traditional leadership to distribute food to vulnerable members in communities.” The ZPP report added that civil servants such as teachers have been victims of the malpractice at the behest of traditional leaders. “An incident was recorded in Nyanga North where some teachers from three secondary schools approached Headman Nyamudeza to register for food aid. The traditional leader said the teachers will ‘never get any support because they are opposition supporters’.” ZPP also expressed concern that citizens who stand up for their rights have been discriminated against and are suffering from hunger while those who succumb to the pressure will have their rights violated. In Masvingo, according to ZPP, a case of disregard for the right to freedom of assembly and association was recorded in ward 15 where a village head identified as Desmond Rukomba summoned community members supporting the Nelson Chamisa-linked Blue Movement. “The village head threatened to remove those that attended from the food aid beneficiary list and that they may face eviction from the village. The act violates political rights as well as freedom of assembly and association,” the report said. The report also revealed similar abuses in the Midlands province. “In Chikunichawa village, Nemangwe ward 11, a member of the Forever Associates Zimbabwe, Nancy Mambizo, threatened villagers with violence and hunger at a social welfare meeting, should they defy the leadership of President Mnangagwa and the ruling party,” the report read. “Speaking at the invitation of village head Dozora Marimbe, Mambizo Nancy said that since all food aid comes from President Mnangagwa, then all who are against him will die of hunger. She went on to say that if people reject Mnangagwa’s rule, opposition parties will be subjected to violence.” ZPP called on Parliament and the Zimbabwe Human Rights Commission to investigate and prosecute perpetrators of partisan and unfair distribution of food aid and other human rights violations. It further called for food aid distribution to be conducted through official government structures without the involvement of political party activists. “ZPP further recommends that the government must ensure that authorised personnel to conduct relief aid programmes act in a professional manner.” Zanu PF and the police were cited as the major perpetrators 36,69% and 20,14%, respectively of the total violations. *AMH* |
| 2024-04-17 04:51:50 | *RBZ Governor Implements Strategy To Restore Public Trust* Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has announced a significant shift in the central bank’s approach towards rebuilding confidence in the bank’s policies, acknowledging some limitations in previous guidelines. The central bank chief also revealed that the bank had also established a monetary policy implementation, monitoring, and evaluation steering committee to keep an eye on the impact of its policies. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- “We are . . . aware that the market has lost confidence and trust in the credibility and impact of the central bank’s policies over the years, and this calls for a focused re-orientation and change in the way we do things in pursuit of our statutory mandate,” said Dr Mushayavanhu in a note to RBZ employees. “To rebuild our credibility and relevance, we must acknowledge that this is not ‘business as usual’ and undertake personal transformation as well as develop a new ‘RBZ brand’ to win back public confidence in the central bank. “It is expected of all of us to adjust to accept this ‘paradigm shift’ of a new work culture that will ingrain in us a responsibility to provide operational effectiveness and excellence.” Dr Mushayavanhu took over from Dr John Mangudya, who has been at the helm of the central bank since 2013 last month. A fortnight ago, Dr Mushayavanhu announced his maiden monetary policy which largely focused on currency and exchange rate stability, financial sector stability, optimal money supply management, foreign exchange mobilisation and accumulation, and increased demand for the structured currency. To achieve this, Dr Mushayavanhu said the RBZ’s “change agenda” would focus on pushing for the comprehensive reorganisation and re-orientation of the bank’s tasks, people, structures, systems, culture, decision-making, and policy-making processes to “successfully carry out our core commitments and obligations.” He said the appropriate “re-organisation” of the RBZ would be carried out in two phases. Dr Mushayavanhu said phase one had already started, focusing on corporate diagnostics. The second phase would follow soon after the completion of the comprehensive and in-depth corporate diagnostics. Under phase one, the “new RBZ core strategic pillars framework” that informs the design and rebranding of the bank, guided by the fundamental remit of maintaining price stability, and restoring market confidence and trust will be communicated to management and staff in due course. “As governor, I want to reassure all employees and re-affirm that phase two is a normal process of learning the bank’s operational framework and should not be deemed to result in job losses or retrenchments. “I will be requesting that each division prepare a comprehensive information memorandum to help in the diagnostic process for phase two. This will allow me as your governor to gain a solid understanding of the institution’s people, systems, procedures, and culture.” He said the central bank programmes would be better packaged, resourced, and structured to fulfil its statutory purpose in the next five years (2024–2029). The primary objectives of the “back-to-basics” agenda would be to regain lost market trust and prevent undue harm to the central bank’s institutional credibility in policymaking. Dr Mushayavanhu added that the central bank would strive to ensure that the information and data are of high quality and credibility; and are compiled and transmitted using best practices to avoid compromising the integrity of reporting to the market. This was a critical element for ensuring the monetary policy monitoring and evaluation, internally and externally, is effective and of acceptable standards, he said. To facilitate this, the RBZ has established a Monetary Policy Implementation, Monitoring and Evaluation Steering Committee (MPIMESCO) that would use the best practices to effectively monitor and evaluate the impact of the RBZ’s policies. “The Reserve Bank will strive to be an evidence-based institution — trusted for data integrity and credibility. (The) MPIMESCO, which will establish itself as a reliable hub for data validation in support of policy formulation, impact monitoring, and review, will be the Reserve Bank’s transparency mechanism for informing the public on the impact of policies. “The conditions precedent of attaining policy effectiveness will include identifying and plugging leakages and restructuring the Reserve Bank’s balance sheet from short-term pressures likely to undermine the efficacy of our policies going forward.” Between 2003 and 2008, Zimbabwe went through a hyperinflation era which peaked in 2008. The period saw prices skyrocketing. As the currency became worthless in 2008, Zimbabwe stopped printing it and allowed foreign currencies, mainly the US dollar, to circulate. This brought some stability. While relying on foreign currency helped, it was not a long-term solution. In 2016, Zimbabwe introduced bond notes and coins pegged to the US dollar. However, trust issues and a lack of foreign currency reserves led to their devaluation. In 2019, a new Zimbabwe dollar was introduced, but it has struggled with inflation again. Pensioners, insurance policyholders, and many others suffered substantial losses due to the currency crises since 2008 and this has severely eroded public confidence. “Over the next five years, our strategic intent of restoring credibility, confidence, and trust will be achieved by ‘walking the talk’ — doing what we say we will do; doing the right things in the right manner the first time around; and ensuring that what we say will happen, so happens,” stated Dr Mushayavanhu. “We all need to reenergise and rebuild a new spirit of teamwork and cooperation and reconnect to serve the interests of the Reserve Bank and our country. “Every one of us should be working for the attainment of the bank’s mission and vision; cognisant that we are all here for the job and not about the individual. The Reserve Bank aspires to be the best employer in the financial sector to recognise your value and contribution for the Bank to attain its statutory objectives.” *Zimpapers* |
| 2024-04-17 04:51:40 | *USAid Warns of Prolonged Food Crisis in Zimbabwe, Southern Africa* Governments, stakeholders and humanitarian partners should brace for sustained high food assistance needs and potential emergency levels of food insecurity in Zimbabwe and other deficit-producing southern African countries, USAid has said. Zimbabwe is among several southern African countries that have been severely affected by the El Niño-induced drought with at least two million people facing starvation. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- President Emmerson Mnangagwa has since declared the drought a state of disaster saying the government needs at least US$2 billion to assist needy people. According to a report titled Strong El Niño Will Drive High Needs across Southern Africa through to early 2025, USAid’s unit, Famine Early Warning Systems Network (FewsNet), said more than 20 million people would be in need of food assistance during the lean season. “Overall, it is estimated that over 20 million people will be in need of food assistance during the January-to-March 2024 peak of the lean season. “Furthermore, the expected below-average 2024 harvests will be exhausted earlier than usual, leading to comparably high food assistance needs at the start of the following lean season in late 2024 and signalling even higher needs when the lean season peaks in early 2025. “However, hot and dry conditions in the western parts of the region, and the impact of Cyclone Freddy in the eastern parts of the region, resulted in poor harvests in parts of southern Zimbabwe, southern Mozambique and southern Malawi,” the report said. It further indicated that areas of highest concern would include southern and western deficit-producing areas of Zimbabwe, southern Malawi, southern and central Mozambique and southern Madagascar. The 2023 maize crop in these areas performed poorly due to various cyclonic events and irregular rainfall, FewsNet said “While agricultural production in 2024 is broadly expected to be below average, the severity of El Niño’s effects will depend on the magnitude of rainfall deficits and patterns of rainfall distribution, especially between December and February,” it said. The report said the region was also facing a multitude of challenges including conflict, poor macroeconomic conditions and limited income-earning opportunities which would exacerbate the food insecurity situation through to early 2025. “Most poor households typically rely on income from casual labour and petty trade, but increased competition and lower than normal liquidity among middle and better-off households will likely limit households’ earnings. “In order to compensate, poor households are expected to continue to pursue or expand other income-earning opportunities. “FewsNet anticipates regional food assistance needs will rise to even higher levels than the first quarter of 2024, and some poor households in the worst-affected areas are expected to face large food consumption gaps indicative of Emergency (IPC Phase 4) in the absence of humanitarian food assistance.” FewsNet said collaboration and co-ordination among all stakeholders would be essential to effectively respond to the growing food assistance needs in 2024. *AMH* |
| 2024-04-17 04:51:27 | *Zimbabwe's New Gold-backed Currency Sliding On Black Market* Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus Mavhunga reports from Harare. Even songs are played on the radio encouraging citizens to embrace the currency, called Zimbabwe Gold — or ZiG — introduced on April 5 trading at 13.56 to the U.S. dollar. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- Official statistics say ZiG is now trading at 13.41. But on the black market it is around 20. Chamunorwa Musengi, a street vendor in Harare, is not optimistic about the new currency which for the moment is trading electronically, with notes and coins coming into circulation on April 30: “Let’s wait and see,” he said. “Maybe it will boost our economy for some time. But I do not see anything changing with the new currency, because things are really tight at the moment. We been through this before. When they introduced bond notes, things stabilized for a short time and then it started sliding on the market. They are saying ZiG is around 13 — it will end up around 40,000 against the dollar.” Bond notes refer to the currency which was launched in 2019 after a decade of Zimbabwe using the U.S. dollar and other currencies. The bond note had lost about 80% of its value and was trading at around 40,000 to the dollar before its official demise. Samson Kabwe, a minibus conductor, says he cannot wait for the physical notes and coins of ZiG to be released. “We are for ZiG, especially for change,” he said. “We had no small notes for change. If ZiG notes and coins come, the government would have done a great thing. We want it like now.” The government says for now, commodities like fuel will still be bought and sold using U.S. dollars. A gas station displays fuel prices in U.S. dollars, in Harare, April 5, 2024. The Zimbabwean government says, for now, commodities like fuel will still be bought and sold using the U.S. currency. (Columbus Mavhunga/VOA) A gas station displays fuel prices in U.S. dollars, in Harare, April 5, 2024. The Zimbabwean government says, for now, commodities like fuel will still be bought and sold using the U.S. currency. (Columbus Mavhunga/VOA) Gift Mugano, an economics professor, predicts the new currency will go the way of the abandoned one. “[In] 2016, we introduced bond notes which was backed by Afreximbank (African Export–Import Bank) facility of $400 million,” he said. “The Afreximbank is an international bank with reputation. But that was not be sufficient to guarantee the success of the bond notes. So it failed. Right? Why are we failing to guarantee stability? There is no sustained production in the economy because you defend the economy with production. Secondly, confidence issues. People do not trust this system because we have lost money several times.” But John Mushayavanhu, the new governor or the Reserve Bank of Zimbabwe, predicts the currency will succeed because it is backed by reserves of gold and other minerals worth $175 million and $100 million cash. “We are doing what we are doing to ensure that our local currency does not die,” he said. “We were already in a situation where almost 85% of transactions are being conducted in U.S. dollars because [the] local currency was not living up to the function of store of value. We are going to restore that store of value so that we can start reviving our currency. So, we are starting at $80 million worth, and as we get more reserves, we will gradually be moving towards greater use of the local currency. It is my wish that if we get to the year (end) at 70-30, next year 60-40, the year after 50-50; by the time we get to 50-50 people will be indifferent as to which currency they are using. And that way we regain use of our local currency.” While Mushayavanhu has that confidence, social media is awash with people and traders — including government departments — refusing to accept the outgoing Zimbabwe currency. *VOA* |
| 2024-04-16 19:51:43 | *Mzembi Challenges Mutsvangwa To Name RBZ Governor Who Facilitated "Theft" Of Zimbabwe Gold Reserves* Self-exiled former Foreign Affairs Minister Walter Mzembi has challenged ZANU PF spokesperson Chris Mutsvangwa to name the Reserve Bank of Zimbabwe (RBZ) Governor who facilitated the illicit removal of the country’s gold reserves during the tenure of the late President Robert Mugabe. Mutsvangwa on Monday alleged that following the imposition of sanctions on the country by Western powers, the RBZ governor, whom he did not name, sought assistance from contacts in the Arab world, who said they could provide US dollars. Said Mutsvangwa: ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- We had our gold reserves, then the Americans imposed sanctions, and then we were short of US dollars. As we were short of US dollars, our Reserve Bank governor then, I won’t mention names, these days I am not mentioning names. Our Reserve Bank governor engaged outsiders in the Arab world… they said we can give you US dollars but on condition that you support it with your gold. Mutsvangwa added that while the gold was transferred as per the agreement, the country never received the promised US dollars. In response, Mzembi challenged Mutsvangwa to specify the RBZ Governor he was alluding to, considering that five individuals have held the position since the imposition of sanctions in 2001. Mzembi posted on X: Yesterday’s aspersions, innuendo and allegations against an unnamed former Public Servant /Governor of the RBZ ref the disappearance of Gold, a public asset, cannot go unchallenged. Cde Chris Mutsvangwa should name the Governor and beneficiary country or countries he is referring to. Sanctions on Zim were imposed in 2001 under: 1. Governor Tsumba who served to 2003. 2.A/ Governor Chikaura, May 2003- Nov 2003 3. Governor Gono, Dec 2003 to Nov 2013 4. A/ Governor Charity Dhliwayo, Dec 2013 to April 2014. 5. Governor John Mangudya, May 2014- to March 2024. Mzembi also listed the names of Finance Ministers who served during the period: Simba Makoni, Chris Kuruneri, Herbert Murerwa, Samuel Mumbengegwi, Tendai Biti, Patrick Chinamasa and Ignatius Chombo. He also identified external auditors who were engaged since the country came under sanctions, namely: Deloitte & Touché, Ernest & Young, KPMG and Kudenga BDO. Added Mzembi: What do these reputable external auditors who covered the period say? What does the IMF say? Then the genius no-nonsense Biti & Inclusive Government and its intrusive modus also failed to pick this? At this stage, I would be more interested too in the one lot the President himself says is being kept by his friends at a location only known to him and the officers who took it there .. the Big Q is HOW did they do it? Does it reflect on RBZ financial transactions and auditors’ books? What is the risk associated with this in the event of loss of office, incapacitation or death in office? |
| 2024-04-16 15:10:38 | *Abducted Zim Businessman Found Dead In SA* THE body of a Zimbabwean businessman, Evans Katumba, who was abducted in Durban last month with the kidnappers demanding a ransom of R2,5 million, has been found by police in KwaZulu Natal, South Africa with indications that he had been shot dead before the ransom demands were made. The body was badly decomposed but dressed in the clothes Katumba was wearing when he was kidnapped. ---------- To join our groups follow: https://chat.whatsapp.com/DvcQjP2NJKZCYsdwgVlun8 --------- According to media reports from South Africa, Katumba, a fuel trader specialising in diesel, was snatched by men armed with AK47s on March 22 and had not been seen or heard from since. Reports indicated that the kidnappers demanded a ransom of R2,5 million for Katumba’s release. The family managed to raise R1.5 million which was reportedly handed over to the kidnappers. However, even after the partial payment, Katumba was not released, intensifying concerns among his family and friends. Last Thursday morning, authorities in Hammersdale, a town west of Durban, recovered the body of a man with two bullet wounds. However, due to the advanced state of decomposition, identification could not be immediately confirmed. The family now awaits DNA confirmation to establish the identity of the deceased. However, all the clothing found on the deceased matched what Katumba was wearing at the time of his abduction. The South African Police Service and the Hawks have been investigating the case after a report was made. Katumba, who is in his 40s, is known to friends by his social soccer nickname Vardy. He arrived in South Africa around 10 years ago and worked at a fuel service station before establishing his own fuel supply business. In December last year, Katumba reportedly bought his latest luxury car, a R3,5 million Mercedes G63. In February this year, he bought Yugo nightclub — one of Durban’s top clubs and the venue of what would have been popular rapper AKA’s last concert before he was murdered last year. It is alleged that a week after he bought Yugo Nightclub, there was an attempt to hijack him while driving his G63. He was stopped by a police car and an officer came to talk to him, before returning to the police car purportedly to check something. While Katumba waited for the officer to come back, suddenly random people tried to open the car doors and he sped away. Media reports indicated that he went to the United Kingdom and came back in early March to begin rebranding his club and around the same time he also bought a Ferrari and an Amarok. On March 22, Katumba received a call from someone who wanted to meet him. It is reported that he left his Yellowwood Park home and along the way picked up an artiste who was due to perform at his nightclub later that evening. When they got to the place where this meeting was supposed to take place, they were met by unknown people armed with AK47s who took him and the brand new Amarok, which was yet to be installed with a tracker. The artiste who was travelling with Katumba was left at the scene. A report was made at Durban Central Police Station on March 25 under case number 1029/3/2024. *Zimpapers* |
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