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Zimbabwe: ZW$ in First Time Gain On RBZ Auction, Recovers By 8,6 Percent Against Usd

The ZW$ value firmed up by 8,6% on the Reserve Bank of Zimbabwe Auction platform , signalling improved widespread usage of the local currency on the back of the economy’s swift response to economic measures employed by the Treasury recently. The local currency suffered huge depreciation last month after tumbling by more than 100% against […]

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Zimbabwe: Once Bitten Twice Shy, Chevrons Cautious As They Look to Avoid 2018 Mistakes

MEMORIES of 2018 – choking of Zimbabwe men’s cricket team- still linger in heads of many as the Chevrons were beaten by minnows United Arab Emirates. The defeat marked arguably the biggest disappointment by Zimbabwe as they failed to qualify for the World Cup that was staged in England and Wales 2019. Chevrons buried their […]

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Zimbabwe: Kavango Resources PLC Acquires Zim Gold Projects for U.S.$4 Mln

LONDON based Botswana focused metals exploration concern Kavango Resources Plc has agreed to pay US$4 million for two gold mining projects in Zimbabwe amid expectations for a lucrative return. The miner signed an exclusive two year option to acquire a gold exploration project in Matabeleland in the Nara project has 45 contiguous gold claims, and […]

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Zimbabwe: Gold Mafia – Months Later, Gold Smuggler Macmillan Apologises for ‘Embarrassing’ Role in Al Jazeera Exposè; Claims He Was Intoxicated

CONVICTED gold smuggler Ewan Macmillan has apologised for his “embarrassing role” in the Al Jazeera Gold Mafia documentary series which aired its first episode three months back. In the documentary series, Macmillan claimed President Emmerson Mnangagwa was his then ‘partner’ and he allegedly spent 60 days in prison to protect him. “I have been doing […]

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Zimbabwe: High Court to Hear Application Challenging Kasukuwere’s Presidential Candidature On Friday

Exiled former cabinet minister Saviour Kasukuwere will know his fate Friday June 29 when the High Court is expected to sit and determine if he qualifies to contest for Presidency in the upcoming general elections. This comes after a Zanu PF activist, Lovedale Mangwana filed an urgent chamber application seeking to bar him from arguing […]

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Zimbabwe: Gold Mafia Documentary – Macmillan Apologises

Businessman Mr Ewan Macmillan has apologised to President Mnangagwa’s Government, other key state institutions and his associates for his role in the Al Jazeera gold mafia documentary series. This comes as the 52-year-old merchant and several other parties were ensnared in the Qatar-based broadcaster’s sting operation which alleged some Zimbabweans were behind economic crimes but […]

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Zimbabwe: Election Candidates Disqualified Over Missing Names On Voter’s Roll – Post Nomination Report Reveals

FAILURE by the Zimbabwe Electoral Commission to avail the voters roll to political parties has emerged as one of the contributing factors to the disqualification of candidates during the nomination court processes, an observer report has revealed. The Election Resource Centre (ERC) Africa, in an observation report, said the nomination process despite going smoothly in […]

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Zimbabwe: Warriors Defender Tendayi Darikwa Moves to Cyprus

ENGLAND-BORN Warriors defender Tendayi Darikwa has reached an agreement to join Cypriot First Division side Apollon Limassol after recently parting ways with relegated English side Wigan Athletic. The 31-year-old Zimbabwe international is scheduled to undergo his medical in the coming days before signing a two-year contract until May 2025. A statement by the club reads: […]

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Zimbabwe: Mwonzora Nomination Fees Challenge Struck Off the Roll

THE High Court has struck off the roll an urgent chamber application by MDC challenging Zimbabwe Electoral Commision’s (ZEC) decision to disqualify 87 of their candidates after they failed to pay their nomination fees. The party was seeking a court order instructing ZEC to accept 87 candidate’s nomination fees and dismiss their disqualification. Justice Webster […]

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Zimbabwe: NGO Demands Authorities to Respect Women’s Right to Participate in Elections

WOMEN and Law in Southern Africa (WLSA) Zimbabwe has urged government to respect women’s right to actively participate in elections by creating an enabling environment This comes as the nation heads towards 2023 elections and no single woman is vying for the Presidential seat. The two prospective women Presidential candidates Linda Masarira, Labour Economists and […]

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Zimbabwe: Zanu-PF in Ploy to Block Ex-Commissar Kasukuwere’s Presidential Candidature

ZANU PF activist Lovedale Mangwana has made an urgent chamber application to bar former national Commissar Saviour Kasukuwere from contesting in the August 23 general elections. Mangwana cited Kasukuwere, the Zimbabwe Electoral Commission (ZEC) and Justice minister Ziyambi Ziyambi as respondents. The ruling party youth, a lawyer argued in his submissions Monday that Kasukuwere had […]

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Zimbabwe: Widows Face Stigmatisation, Lack Resource to Re-Build Livelihoods

Widows face a lot of stigmatisation from society with lack of resources to economically re-build their livelihoods. Addressing widows during the commemoration of the International Widows’ Day in Harare last Friday, Zimbabwe Prisons Correctional Services (ZPCS) Chaplain Christine Phiri said most women crumble after losing a spouse. Phiri discouraged widows from allowing society to celebrate […]

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Zimbabwe: Nyatsime 38 Activists Out On Bail

A group of 38 opposition activists arrested two weeks ago on allegations of public violence have been granted bail by a Chitungwiza magistrate. The CCC activists were ordered to pay US$60 each and report to Chitungwiza police once every month as part of their bail conditions. They were arrested following public violence which erupted in […]

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Zimbabwe: Endorsement Deals Excite Zambezi, Chiunye

THE pair of CAPS United defender Innocent Zambezi and ZPC Kariba midfielder Tino Chiunye are over the moon following the announcement of their endorsement by a local company. A logistics company, BG Sniper Transport have revealed they are taking the duo on board for a yet to be specified period of time starting this July. […]

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Zimbabwe: Fraudster Who Forged CCC Officials’ Signatures in Kariba Double Candidature Faces Arrest

TROUBLE awaits a Kariba man, who allegedly forged signatures of two Citizens’ Coalition for Change (CCC) top officials on his nomination papers as a parliamentary candidate at Chinhoyi Magistrates Court Wednesday. Police are now keen to question the culprit, Andrew Mutsau, who is unknown within the rank and file of the main opposition movement and […]

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Zimbabwe: ZSE Hikes Transaction Thresholds By 900pc

Enacy Mapakame Business Reporter The Zimbabwe Stock Exchange (ZSE) has increased transaction thresholds on the ZSE Direct by 900 percent, due to the impact of exchange rate-driven inflation dynamics. ZSE Direct is an online platform that allows investors to buy and sell shares on the stock exchange and is accessible to all investors, regardless of […]

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Zimbabwe: Business Fears Its Government Will Interfere With the Exchange Rate

ZIMBABWEAN businesses fear that President Emerson Mnangagwa’s administration, which is blaming foreign companies of inflating prices ahead of a key election in August, could resort to interfering with the exchange rate to manage inflation, which has been on a resurgence amid price increases. Zimbabwe closed the nomination process for candidates for the upcoming August 23, […]

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Zimbabwe: After Painting Harare Red, Chevrons Juggernaut Targets USA Scalp as Houghton Rings Changes

AFTER upstaging former World champions, West Indies Saturday, Zimbabwe will be aiming for a perfect record in the on-going ICC Men’s World Cup Qualifier when they take on minnows United States at Harare Sports Club on Monday. Buoyed by a spectacular crowd at Harare Sports Club, Zimbabwe claimed the scalp of West Indies by beating […]