Legislators have criticised the Zimbabwe Electoral Commission (ZEC) demanding accreditation from media practitioners who want to cover elections and called for the scrapping of that requirement. With the country set to hold its elections on 23 August, journalists both local and foreign will be required to apply for accreditation in …
Read More »ZLHR Condemns Pardoning Of Sexual Offenders
Zimbabwe Lawyers for Human Rights (ZLHR) has condemned the pardoning of sexual offenders in the latest presidential amnesty. In May 2023, President Emmerson Mnangagwa freed over 4 000 prisoners and among them were sexual offenders. ZLHR said while the president was exercising the power of mercy, he should have considered …
Read More »Rising Energy Costs, Fiscal Strain Ravage Harare
Harare Mayor Jacob Mafume has disclosed critical concerns over the city’s surging electricity charges amidst an ongoing depreciation of the Zimbabwean Dollar (ZWL). With the end of the quarter report painting a grim picture, electricity emerges as a substantial burden on the city’s fiscal health, with a monthly accrual of …
Read More »Donald Trump Kept Classified File After Leaving Office
Image caption, The justice department is investigating Donald Trump’s handling of classified documents after he left office US prosecutors have obtained an audio recording of Donald Trump in which he acknowledges keeping a classified document after leaving the White House. CNN first reported that investigators had the tape, and people …
Read More »Currency Volatility In Zimbabwe Prompts Incapacitation Surge
The currency volatility in the economy has led to an increasing number of workers who are paid in Zimbabwe dollars to plead incapacitation. The rapid depreciation of the Zimbabwe dollar which is now trading at nearly ZW$4000 to the United States dollar which is more than double the rate at …
Read More »‘Economy Implosion Imminent’ Ahead Of Elections
Zimbabwe is facing more difficult times ahead of elections set for August 23 this year with various shocks ravaging the economy, captains of industry said yesterday. The captains of industry said the economy now stands at a crossroad, suffering from the rising inflation, currency crisis, exchange rate volatility and weak …
Read More »Residents Demand Termination Of Developer Contracts In Chiredzi
Councillors in Chiredzi have begun the process of cancelling an agreement with land developer Full Life Open Arms Africa Investments (FLOAAI), accusing the company linked to minister of Local Government July Moyo of breaching a contract signed in 2018. This development comes only two weeks after residents approached the High …
Read More »Zimbabwe Dollar To Stay
The government will not dump the Zimbabwe dollar even if it loses value to unsustainable levels amid fears that the authorities will be forced to abandon all infrastructure developments that they are currently undertaking, Business Times can reveal. Zimbabwe is undertaking several infrastructure development projects which include the Beitbridge-Masvingo-Harare road …
Read More »Calls For Forex Auction System Shutdown Resurface
Captains of the industry and analysts have called for the shutdown of the forex auction system saying the meagre US$5m cap on weekly foreign currency allocation was only fit for Small to Medium Enterprises (SMEs) and admission on the need to dollarise. These comments came after Finance and Economic Development …
Read More »300MW From Hwange Unit 7 Integrated To National Grid, Unit 8 Launches October
Hwange Thermal Power Station Unit 7, which was recently taken off the national grid for further tests, was successfully put back on Monday, adding 300 MW to the national output. The 300 MW Hwange Unit 7 had been disconnected from the grid for system evaluation before beginning the final commissioning …
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