Category: News

President Mnangagwa Grants Clemency, Orders Release of Women, Juvenile Inmates, and Prisoners with Disabilities

President Emmerson Mnangagwa has authorized the release of certain categories of inmates, including women, juveniles, and prisoners with disabilities, under Clemency Order 1 of 2024. This marks the second presidential amnesty within a year, following last year’s pardon of over 4,000 inmates. “The President, in accordance with section 112(1)(a) and (d) of the Constitution of […]

Zimbabwe’s New Gold-Backed Currency Faces Hurdles in Fuel Purchases

The Zimbabwe Gold (ZiG), heralded as a pivotal move to stabilize the volatile domestic currency, still falls short in its utility for purchasing fuel at service stations, according to a statement released by the Reserve Bank of Zimbabwe (RBZ). Announced by central bank governor John Mushayavanhu on Friday, the new gold-backed ZiG commenced trading on […]

Harare Vendors Shun Bond Notes as New ZiG Dollar Takes Center Stage

Despite Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanu’s announcement that the old notes would cease to be legal tender by the end of April, vendors in Harare have ceased accepting bond notes following the introduction of the new currency, Zimbabwe Gold (ZiG dollar). Mushayavanhu launched Zimbabwe’s new gold-backed currency on Friday in response to […]

Building Collapse in Harare CBD Claims One Life, Injures Six: ZRP Investigates

The Zimbabwe Republic Police (ZRP) has acknowledged the unfortunate incident in Harare Central Business District involving a building collapse, resulting in the loss of life for one individual and injuries sustained by six others. The incident took place on Chinhoyi Street on April 6, 2024, approximately at 3:30 PM amidst a hailstorm. ZRP’s national spokesperson, […]

RBZ Announces Commencement of ZiG Notes and Coins Circulation on April 30th

The Reserve Bank of Zimbabwe (RBZ) has expressed contentment with the advancements achieved in transitioning ZW$ balances into Zimbabwe Gold (ZiG) balances following the declaration of Monetary Policy measures on April 5, 2024. In a release issued on Saturday evening, RBZ Governor John Mushayavanhu conveyed that the conversion initiative will persist for additional sectors until […]

Zimbabwe Introduces ZiG Currency Backed by Gold and Foreign Reserves

Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu recently unveiled plans for the introduction of a new currency, ZiG (Zimbabwe Gold), which will be backed by a diverse array of assets including foreign currencies, gold, and other precious metals. During the presentation of the 2024 Monetary Policy Statement (MPS) on April 5, 2024, Mushayavanhu disclosed […]

Swapo Orders Suspension of Neka Elective Congress Amid Internal Conflict

Swapo has directed the Namibian Exile Kids Association (Neka) to halt its ongoing elective congress in Otjiwarongo due to allegations of internal conflict surrounding the election of new leadership. Delegates of Neka, which is seeking official affiliation with Swapo, have been meeting in Otjiwarongo since Saturday to decide on the association’s future and new leadership. […]

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