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Zimbabwe: Zanu-PF to Take Charge of Food Aid Distribution As Zimbabwe Grapples With El Nino-Induced Drought

Zanu PF Secretary for Information and Publicity Christopher Mutsvangwa has said the ruling party will superintend the distribution of food aid in Zimbabwe. Mutsvangwa was speaking at a press conference at the party headquarters, on Monday. The drought was recently declared a national disaster by President Emmerson Mnangagwa with Zimbabwe becoming the third Southern African […]

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Zimbabwe Recalls Batches of Benylin Paediatric Syrup After Finding High Levels of Toxic Substance

THE Medicines Control Company of Zimbabwe -MCAZ has recalled two batches of Benylin Paediatric 100ml Syrup from shelves after a toxic substance, Diethylene glycol was recently found in the medicine. In a statement, MCAZ director-general Richard Rukwata Monday said communication received from the National Agency for Food and Drug Administration (NAFDAC) of Nigeria indicated that […]

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Zimbabwe: Debunking Misinformation and Disinformation – What the RBZ Is Saying About ZiG

On 5 April 2024, the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, announced the Zimbabwe Gold (ZiG) as the new currency to replace the inflation-battered Zimbabwe Dollar (ZWL). Prior to the Monetary Policy Statement on 5 April that introduced the new currency, there was a barrage of information, some untrue, that hinted at […]

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Zimbabwe: RBZ Governor Assures Public On Financial Stability Amid ZiG Introduction

Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has re-affirmed the Central Bank’s commitment to financial stability in the country following the introduction of the gold-backed currency, Zimbabwe Gold (ZiG). In an interview with a local television network, Dr. Mushayavanhu reassured the public that the RBZ possesses ample reserves to meet the foreign currency […]

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Zimbabwe: Communal Farmers Warned Against Selling Livestock As Hunger Bites

Agriculture minister, Anxious Masuka has warned communal farmers against selling their livestock amid the hunger crisis the country is currently facing. The minister was responding to questions put to him by legislators during the Question and Answer session in the National Assembly on Wednesday. Masuka said the government has realised that farmers were “de-stocking”. “In […]

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Zimbabwe’s New Gold-Backed Currency Gets Off to a Chaotic Start

Zimbabwe’s new gold-backed currency is designed to fight inflation and wean the economy off the US dollar, but it has suffered a chaotic start with shops accepting only US dollars on Tuesday and Zimbabweans queuing up outside banks for hours to access their savings. The ZiG – short for Zimbabwe Gold – officially started trading […]

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Zimbabwe’s New Zig Currency Strengthens On Second Day of Trading

Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit. It gained 0.2% to 13.53 per US dollar, according to data published on the Reserve Bank of Zimbabwe’s website on Tuesday. It began trading Monday […]

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Zimbabwe: Malaria Cases Surge in Zimbabwe With Five Fatalities in a Single Week

The Ministry of Health and Child Care (MOHCC) has reported a total of 1,588 confirmed cases and five fatalities of malaria within a single week. According to the Disease Surveillance Report for the week concluding on March 24, 2024, the MOHCC highlighted that among the reported cases, 140 affected children were under the age of […]

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Zimbabweans Need Restoration of Confidence in Economy, Not a New Currency – Rights Group

RIGHTS group ActionAid has slammed the recent launch of the new structured currency, Zimbabwe Gold (ZiG) saying the nation needs restoration of confidence in the economy, not a new currency. Over the years, Zimbabwe has grappled with the repercussions of currency instability, witnessing the introduction of various currencies, each accompanied by promises of economic recovery. […]

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Zimbabwe: ZiG Notes, Coins to Start Circulating On April 30 – RBZ Governor

The Reserve Bank of Zimbabwe (RBZ) has said the newly introduced currency Zimbabwe Gold (ZiG) notes and coins will begin circulating on April 30. In a statement, the central bank governor John Mushayavanhu said the old currency known as bond notes will continue working for a grace period of 21 days, while the ZiG is […]

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Zimbabwe: Mnangagwa’s Appointment of New RBZ Boss Illegal, Invalid – – Lawyers Demand Immediate Reversal

PRESIDENT Emmerson Mnangagwa’s recent appointment of John Mushayavanhu as Reserve Bank of Zimbabwe (RBZ) governor has been challenged, with lawyers declaring it illegal and demanding that it be reversed immediately. Mushayavanhu succeeded his namesake John Mangudya as RBZ boss after expiry of the latter’s term. Lawyers representing Harare residents, Nesbert Munyuki and Valentine Ziko, have, […]

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Zimbabwe: RBZ Cuts Policy Rate to 20 Percent, Bets On New Currency

The Reserve Bank of Zimbabwe (RBZ) has cut the policy rate to 20 percent from 130 percent previously as it bets on measures to stabilize the newly introduced Zimbabwe Gold (ZiG) currency. The Central Bank has been pegging restrictive interest rates, peaking at 200 percent in 2022, in its quest to curb inflation and discourage […]

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Zimbabwe: Updated – One Killed, Six Injured After Harare Building Collapses

POLICE have confirmed the death of one person after a city building collapsed under the weight of a hailstorm, leaving six others hospitalized. The incident occurred late Saturday along Chinhoyi Street in Harare’s central business district (CBD), near Gulf Complex. In a statement, police spokesperson Paul Nyathi said victims met their fate as they sought […]

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Zimbabwe: Geo Pomona, Ghanaian Firm Exchange Notes

Blessings Chidakwa — A delegation from Geo Pomona Waste Management company has flown to Ghana to exchange notes with another waste management firm, Jospong Group, with a focus on sharing best practices, innovative technologies and sustainable waste management solutions. The Asian African Consortium, a subsidiary of the Jospong group of companies, was in Zimbabwe a […]

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Zimbabwe: U.S.$103m Windfall for Tobacco Farmers, As U.S.$4, 99 Price Ceiling Breached

FARMERS’ earnings from tobacco sales continue on an upward trajectory recording a 75 percent increase from US$59 million earned by Day 13 in the 2023 marketing season to US$103 million during the same period this year. Auction floors have seen the price ceiling of US$4, 99 per kilogramme crumbling after a highest of US$5, 05 […]

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Zimbabwe: Fame Got to My Head – Takura Opens Up On 8-Year Struggle With Drug Abuse

Musician Takura Shonhai has opened up about his struggle with drug and substance abuse that he endured for eight years. Takura, speaking on an online podcast, admitted that pressures in the music industry and broken relationships led him to take drugs and illegal substances. “At some point, fame got to my head. People handle it […]

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Zimbabwe: Top Lawyer Stops University From Demanding U.S.$ Fees From Struggling Students

Human rights lawyer, Advocate Martin Mureri, has successfully launched a court challenge stopping Great Zimbabwe University (GZU) in Masvingo from demanding part of tuition fees in US dollars. The already hard-pressed learners will, from now onwards, be allowed to pay fees exclusively in local currency. The effective date is April 2, 2024. Previously, GZU was […]

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Zimbabwe: MPs Raise Concerns Over GMO Grain Imports As Hunger Stalks Zimbabweans

Parliamentarians on Wednesday questioned if genetically modified organisms (GMO) maize imports would be allowed in the country due to the El Nino induced drought in the Southern African region. President Emmerson Mnangagwa declared the drought a national disaster joining Zambia and Malawi. Addressing the media at the State House, Mnangagwa said over 2,7 million people […]