FORMER vice-president Kembo Mohadi’s daughter Abigail Millicent Mohadi Ambrose (AMA), who is part of six recently sworn-in Zimbabwe Electoral Commission (Zec) commissioners, had a difficult time answering job-interview questions when she appeared before Parliament’s Committee on Standing Rules and Orders. In view of her controversial appointment by President Emmerson Mnangagwa …
Read More »Angola’s Former President Dos Santos Dies At 79
Angola’s former president Jose Eduardo dos Santos, who ruled Africa’s second biggest oil producer for nearly four decades, has died aged 79, the Angolan presidency said on Facebook on Friday. The former president died at 11:10 am Spanish time at the Barcelona Teknon clinic following a prolonged illness, the presidency …
Read More »Zimbabwe’s Disappearing Gold: The Case Of Mazowe, Penhalonga
Illicit financial flows (IFFs) in the artisanal mining sector in Zimbabwe are responsible for leakages of an estimated 3 tonnes of gold, valued at approximately USD157 million every month. The sector has now spread its tentacles from alluvial gold deposits along rivers and dry riverbeds to large-scale disused mines that …
Read More »Cornered Boris Johnson Quits As UK Prime Minister
U.K. Prime Minister Boris Johnson resigned Thursday, bringing an acrimonious end to a nearly three-year premiership that has been beset by controversy and scandal. Speaking outside Downing Street, Johnson said the process for choosing the new leader of the Conservative Party should begin now, with a timetable to be announced …
Read More »Will Gold Coins Ease Zimbabwe’s Pain?
The $1,86 trillion translated to about US$17,5 billion at the end of last year, with US$6,6 billion in arrears. In the Annual Debt Bulletin 2021 Financial Year report released two weeks ago, the office said total public debt to gross domestic product (GDP) ratio, estimated at 50,9% during the period, …
Read More »RBZ Auctions Unavailable Forex
The Reserve Bank of Zimbabwe (RBZ) auctioned foreign currency which was not available early this year, triggering an allotment backlog. Companies have been at loggerheads with the central bank after it failed to allot the foreign currency with the backlog of about 10 weeks, a situation that left companies exposed …
Read More »Basic Goods Supply Sabotage Exposed
WHILE Government is taking steps to ensure availability of basic goods to all citizens, consumers have expressed concern over acts of sabotage by some greedy businesses which stand accused of trading certain products only in forex in defiance of a clear monetary policy. Basic goods In order to ensure stability …
Read More »Army Cries Foul Over Fake Letter On Social Media
The Zimbabwe National Army has disowned a fake letter circulating on social media platforms purported to have been written by Commander ZNA Lieutenant General David Sigauke alleging that JB Family Electronics, a company operating illegally in Mbare was an events’ sponsor and donor. In a statement yesterday, ZNA spokesperson, Colonel …
Read More »Zimbabwean People Lose Faith In Mnangagwa
Zimbabwe’s poor and downtrodden say they have no confidence in President Emmerson Mnangagwa’s administration as the ongoing economic implosion continues unabated, a new study has shown. Since he swept to power on the back of a military coup in 2017, the economy has fared dismally, ruined by runaway inflation and …
Read More »Lawyers Redflag Mnangagwa Regime For Trashing Charter
President Emmerson Mnangagwa’s regime has been accused of violating the constitution by denying incarcerated opposition legislators Job Sikhala and Godfrey Sithole access to their legal representatives while in prison. This came after Zimbabwe Lawyers for Human Rights (Zlhr) director Roselyn Hanzi was on Monday denied access to see Sikhala (Zengeza …
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