Zimbabwe Currency Plunge Temporary: Mangudya

As Zimbabwe’s parallel market reels under the strain of a currency crisis, central bank governor, John Mangudya, assures the public that this turmoil is merely passing. This grey market, operating outside formal banking channels, has experienced volatility for the past three weeks, causing ripples of uncertainty among businesses and individuals …

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ED Hopeful Of Economic Turn Around This Year, Analysts Think Otherwise

President Emmerson Mnangagwa has predicted Zimbabwe’s moribund economy will turn around this year following the recent discovery of oil and gas near the country’s border with Mozambique and Zambia and improvement in the country’s mining and tourism sectors. Economists are not as optimistic, as Zimbabweans continue to leave the country. …

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Church Splits Shutting Out & Confusing Congregants

The recent emergence of the Apostolic Faith Mission of Zimbabwe (AFMOZ), which broke away from the Apostolic Faith Mission in Zimbabwe (AFM) due to factionalism, has placed a bad tag on the faith movement, thrusting congregants into eternal confusion. The split came after Cossum Chiangwa, the church president allegedly amended …

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Beitbridge Traffic Increases 9pc

More travellers are now preferring to use the country’s transformed Beitbridge Border Post over other land borders with the Department of Immigration handling an increase of 9 percent in the number of people who crossed the border in 2023 compared to 2022. At the moment Beitbridge is the only land …

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Zimbabwe Seeks To Drop Expensive Electricity Imports

Zimbabwe anticipates a 17,4 percent surge in electricity production this year, as the country seeks to reduce expensive imports and load shedding that negatively affected businesses and households in 2023. The optimistic outlook is based on the expected full incorporation of Hwange Thermal Power Station units 7 and 8, and …

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