Farirai Machivenyika, Harare Bureau PRESIDENT Mnangagwa yesterday exercised executive clemency and released a range of criminals jailed for many non-violent offences so long as they had served at least one third of their jail term by Independence Day last month as a measure of decongesting prisons now holding more than 22 000 prisoners. The clemency […] …
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Maita Baba Bulawayo album launch: DJ Tira, Shasha, Nomfundo, MsizKay, Mzoe 7, Iyasa and Asaph lined up
Bongani Ndlovu – bongani.ndlovu@chronicle.co.zw The stage is set for a first of its kind album launch by Jah Prayzah (pictured) in Bulawayo this evening where he will release the second of his two offerings, Maita Baba. Award–winning entertainment platform, Gateway Stream Media (GSM), which is a part of the Rainbow Tourism Group, has partnered with […] …
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Why Zimbabwe’s Launch Of Gold-Backed Digital Currency Has Sparked Fears Among Economists
Source: Why Zimbabwe’s Launch Of Gold-Backed Digital Currency Has Sparked Fears Among Economists The Zimbabwe dollar is currently trading at more than $2,000 for $1 US in the black market“The reality is that while the gold-backed digital coins are good, they … cater to the rich and are exclusionary,” The economist also tweeted yesterday, mentioning […] …
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Zimbabwe Price Bulletin, April 2023
Source: Zimbabwe Price Bulletin, April 2023 Maize grain and maize flour are the main foods consumed by allhouseholds in Zimbabwe. These food items are both produced locally and imported from neighbouring countries, particularly in the southwestern provinces of the country. The markets monitored are the main markets that offer both wholesale and retail supply in […] …
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Allan Gray’s outlook on equities in Zimbabwe, Nigeria and Egypt
Source: Allan Gray’s outlook on equities in Zimbabwe, Nigeria and Egypt By Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund Lagos, Nigeria It has been a tumultuous first quarter of 2023, and African equities have not been spared. Global markets started the year on a very positive note, with the S&P […] …
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Devex Newswire: Is Zimbabwe walking into a major foreign aid misstep?
Source: Devex Newswire: Is Zimbabwe walking into a major foreign aid misstep? Civil society groups in Zimbabwe are worried that government actions — specifically a proposal to place new restrictions on NGOs’ political activities — will turn off donors and potentially cause international aid to the country to dry up. A consequential choice Zimbabwean President Emmerson […] …
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RBZ puts tobacco cartels on the radar
Source: RBZ puts tobacco cartels on the radar – The Zimbabwe Independent INFLUENTIAL tobacco cartels have been placed under the Reserve Bank of Zimbabwe (RBZ)’s radar following reports that they have been colluding to manipulate prices. The practice has benefited tobacco contractors, who fund farmers to produce the crop, along with their merchants, mostly in […] …
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Sparks fly as Pretoria reacts to Russia arms claims by US ambassador
‘South Africa cannot be bullied by the United States’ …
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Government acts on school heads turning away pupils over non-payment of fees
‘Where schools are sending away children who have not paid fees, there are penalties’ …
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Zimbabwe set to host High-Level Debt Resolution Forum
The forum will be held on May 15 with the objectives of giving an update on progress with the draft of three Policy Matrices …
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