Month: April 2024

RBZ Implements New Cash Withdrawal Limits for ZiG Currency

The Reserve Bank of Zimbabwe (RBZ) has established the weekly cash withdrawal limits at ZiG3 000 for individuals and ZiG30 000 for corporates. According to Central Bank Governor John Mushayavanhu, the distribution of ZiG banknotes and coins to commercial banks will commence tomorrow (Monday). On Tuesday, April 30, 2024, members of the public will be […]

High Court Grants Bail to Madzibaba Ishmael and Sect Members

Ishmael Chokurongerwa, commonly known as Madzibaba Ishmael and leader of the Johanne Masowe Penyera Nyika sect, has been released on bail by the High Court following nearly two months in remand prison. Chokurongerwa (54) and seven other members of the sect were arrested on charges related to alleged violations of the Burial and Children’s Act. […]

Crackdown on Illegal Forex Traders in Harare Amid Zimbabwe Gold Currency Turmoil

A crackdown on illicit foreign exchange traders operating in the streets of Harare has resulted in the apprehension of a total of 65 individuals, who are scheduled to appear in court this Monday, April 22, 2024. This initiative comes as the government endeavors to safeguard the integrity of the newly introduced currency, Zimbabwe Gold (ZiG), […]

Mnangagwa: Civil Servants’ Welfare Tied to Economic Recovery, Independence Day Address Reveals

President Emmerson Mnangagwa’s administration continues to overlook the well-being of civil servants, refraining from committing to enhancing their salaries and working conditions unless there are noticeable improvements in the struggling economy. Speaking during the Independence Day celebrations at Murambinda B High School in Manicaland, Mnangagwa indicated that any adjustments to civil servants’ salaries would depend […]

Friend Turned Foe: Bus Owner Accuses Close Associate of Fraud in US$147,960 Dispute

Inter Africa Buses Owner Accuses Close Friend of Fraud: “US$147,960 Misappropriated,” Claims Leonard Mukumba. Gondo, who attends the same church as Mukumba, is said to have diverted funds totaling US$147,960 from a security deal with the Zimbabwe Power Company (ZPC) without Mukumba’s knowledge. The trial before Harare magistrate Feresi Chakanyuka has begun, with Mukumba alleging […]

Armed Robbers Sentenced to 21 Years for Terrorizing Catholic Mission, Stealing Valuables

Three individuals, Mehluli Ncube (38), Rostele Lostin Ncube (43), and Nehemiah Moyo(46), received a 21-year prison sentence each from a Hwange magistrate for their involvement in a robbery at a Catholic Mission. Jerry Gonzo was acquitted due to insufficient evidence. The Ncube brothers were convicted after a trial, while a warrant of arrest was issued […]

Mental Health Patient Falls to Death from Kwekwe High-Rise

A tragic incident unfolded in Kwekwe, Midlands province, as a person with mental health challenges fell from a high-rise building on Friday morning. Witnesses disclosed that an unidentified individual had ascended the four-storey First Mutual Centre building and later perched precariously on its edge, seemingly enjoying the sunlight. Unfortunately, while attempting to descend, the individual […]

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