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PRESIDENT Emmerson Mnangagwa’s desire to return to the Commonwealth under his re-engagement drive has hit a brick wall, with the grouping insisting Zimbabwe should address cases of human rights violations and has failed to meet set conditions.  Mnangagwa dispatched senior government officials to engage over the country’s potential return to …

By Kevin Samaita South Africa-based businessman and Agilitee chief executive Dr Mandla Lamba is angling to transform the global electric vehicles industry after announcing a US$20 billion Initial Public Offering (IPO) on the Johannesburg Stock Exchange. The US $20 billion IPO will see the company selling US$ 2 billion (10 …

THE Zimbabwean government gazetted Statutory Instrument (SI) 118A of 2022 on June 28, 2022 as an amendment to the existing Exchange Control Act. The presidential temporary measure compels businesses and traders to sell their products at no an exchange rate above 10 per centum the prevailing interbank rate that is …

GOVERNMENT will soon splurge millions of United States (US) dollars to buy luxury homes for Cabinet ministers and their deputies at a time President Emmerson Mnangagwa’s   administration is battling an unprecedented economic meltdown, which has pushed prices of basic commodities out of the reach of many, the Zimbabwe Independent can …

South Africa has dismissed attempts by the Helen Suzman Foundation (HSF) to reverse its ending of Zimbabwe Exemption Permits (ZEP) as a waste of time and urged Zimbabweans to adhere to new regulations or leave. ZEPs were ended in November 2021, having been in operation since 2017, when the South …

ABOUT 87 properties belonging to Harare City Council are benefiting unnamed individuals due to corruption in the capital’s  local authority, Harare mayor Jacob Mafume revealed. Mafume revealed this during a special council meeting held at Town House Wednesday. It was also unearthed that three beer outlets belonging to the council …

ZAPU has accused the government of reducing the supply of the Zimbabwean bond notes on the market in an effort to manipulate the exchange rate. The opposition party said the government is aware that the pricing of goods and services locally was indexed to the exchange rate, so when the …

The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil penalty of $20 million. The new legislation does allow a 10 percent addition to the …

Citizens Coalition for Change (CCC) leader Nelson Chamisa yesterday declared that he will rule the country after elections expected next year. Addressing scores of mourners at the burial of the late constitutional law expert and academic Alex Magaisa in Mangisi Village, Chikomba district in Wedza, Mashonaland East province, Chamisa (44) …

The Department of Home Affairs has accused the Helen Suzman Foundation (HSF) and NGOs of trying to “dislodge” the government in response to the notice that the foundation intended to take the department to court over its handling of the conversion of Zimbabwe Exemption Permits (ZEP) to visas. “This development …