Small to Medium Enterprises (SMEs) that have benefitted from the Reserve Bank of Zimbabwe initiated Foreign Exchange Auction System have lauded the scheme saying it has brought sanity to their business. Speaking to 263Chat on the sidelines of a tour of Purity Trading Company (Chitungwiza) and
The government has assured transparency and accountability in its spending of the US$961 Million allocation under the International Monetary Fund (IMF)’s Special Drawing Rights (SDRs) amid widespread concerns over misappropriation of public funds. SDR are supplementary foreign exchange reserve assets defined and maintained by the International
The Zimbabwe Anti -Corruption Commission (ZACC) has arrested the director of CHIRRO investments for fraud involving US$83 000 and ZWL$26 000 000. Trust Chiro, the accused person has already appeared before Harare magistrates court facing fraud charges. According to ZACC, Chiro and other co-accused, Forget Muguza (who
A Bulawayo based health expert, Dr Edwin Sibanda has offered explanation on incidences where people get sick after taking COVID-19 vaccines. Dr Sibanda who is the Bulawayo City Health Services director advised members of the public to ensure that they have not contracted Covid-19 before getting
President Emmerson Mnangagwa seems to have backtracked on his last week’s comments when he said a repeat of what happened in Zambia is near impossible in Zimbabwe when he urged politicians to accept defeat in elections. Zambian opposition leader, Hakainde Hichilema won the elections in that
Victims of abduction and torture at the hands of alleged state security agents says they will not allow their past experiences to stand in their way of fighting for democracy in Zimbabwe Opposition activists Joana Mamombe, Cecelia Chimbiri and Netsai Marova were abducted and tortured by
Zimbabwe Lawyers for Human Rights (ZLHR) has asked authorities at Fatima High School in Lupane in Matabeleland North province to release examination results for two students, which they are withholding as a way to induce payment of outstanding school fees. School authorities had been withholding Ordinary
MUTARE- Regional borrowing induced by macro economic impacts of the Coronavirus pandemic – which has led to the first economic recession in Africa for thirty years, is placing citizens at great risks, the African Forum and Network on Debt and Development (AFRODAD) has noted. In a
Old Mutual Zimbabwe Limited (OMZIL) has signed a Memorandum of Understanding with Local Works Zimbabwe Youth Program (LWZYP), a youth-led initiative that seeks to promote youth employment and economic empowerment in the country. The Local Works Zimbabwe Youth Program will be convening a virtual Youth Stakeholders’
South Africa-based Dancehall crooner, Buffalo Souljah has hailed emerging arts promoter Passion Java for his efforts in putting Zimbabwean music on the international platform. The controversial cleric who recently played a major role in resurrecting Rockford "Roki" Josphats' music career, has undisputedly spent thousands of dollars
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