Mugabe to Raid Reserve Bank of Zimbabwe to pay Zanu-PF Youths
PRESIDENT Robert Mugabe is ready to lean on the Reserve Bank of Zimbabwe (RBZ) to provide campaign cars for the Zanu PF youth league ahead of elections expected in 2018. Mugabe told the Zanu PF youth...
View ArticleZimbabwe Government Pays Out U.S.$43 Million to compensate White Farmers
Bulawayo — Government has spent nearly $43 million compensating white commercial farmers whose farms were acquired during the country’s land reform programme. Presenting the Mid-Term Policy review...
View ArticlePractical steps – How to survive in Zimbabwe today
How To Survive In Zimbabwe. Practical Steps: 1. Find something that you can do that doesn’t need you to import but to produce with local materials 2. Find something that you can be exporting 3. Dont...
View ArticleMugabe’s 13 farms and full list of other Zanu PF leaders and the farms they took
MDC releases shocking details of farm ownership in Zimbabwe. President Mugabe owns 13 farms. Below is the list: ROBERT MUGABE Gushungo Estates 4046ha Mazowe Gushungo Dairies 1000ha MazoweIron Mask...
View ArticleChinese construction firm in Zimbabwe pays workers with bricks
MORE than 100 workers from Chinese building firm Golden Bricks who have gone for eight months without receiving their salaries are being paid in bricks. According to workers at the Dzivaresekwa-based...
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Zimbabwe watch out for opportunists!, Mutumwa Maweres?
by Tawanda Madamombe To anyone who has followed Africa News Network7’s recent airings, it appears no particular definition can be drawn from the situation in Harare, except to say history is in the...
View ArticleShould Zimbabwe adopt the South Africa Rand instead of Bond Notes?
PLAYERS in the local tourism industry have resolved to adopt a “rand-based” pricing system to cushion their businesses from the prevailing cash crisis. In the context of weakening regional currencies,...
View ArticleMugabe can rig the elections but not the economy
With the economy in free fall and battling a rising tide of protest, Zimbabwe’s ruling party is in crisis. Zimbabwe is facing a transition, but the outcome remains unclear. For months, the state has...
View ArticleBroke Zimbabwe government to tax citizens in diaspora
The government has drafted a Diaspora policy, which seeks to tap into remittances that are estimated to be about $1,8 billion per year. This comes as the importance of remittances has risen, as they...
View ArticleReserve Bank Chief Mangudya: Zimbabwe citizens must trust me that bond notes...
Business Reporter RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says he is ready to resign from his post if the bond notes strategy fails. Zimbabwe is expected to start using bond notes next...
View ArticleMugabe: We don’t have money to pay Zimbabwe government workers but there will...
Zimbabwe’s government rejected recently announced plans for large-scale layoffs and bonus cuts for the country’s bloated civil service sector, Information Minister Christopher Mushohwe said, Reuters...
View ArticleZimbabwe Central Bank confirms new currency ‘bond notes’ start circulating...
HARARE, Sept 15 (The Source) – Zimbabwe’s central bank will introduce bond notes, a token currency which will circulate within a basket of multiple currencies, at the end of October with $75 million...
View ArticleZimbabwe to Introduce new local currency “Bond Notes” in October #ThisFlag...
Central bank will start with small denominations: governor Governor Mangudya pledges to clear foreign debt arrears By Godfrey Marawanyika and Brian Latham (Bloomberg) — Zimbabwe will start...
View ArticleZimbabwe makes its own version of US dollars as cash crunch bites
The plan was widely criticised when it was revealed in May HARARE: Zimbabwe announced Thursday that “bond notes” equivalent to the US dollar would be introduced in October, sparking fears of a return...
View ArticleZimbabwe Headed for Deeper Economic Crisis
Zimbabwe Headed for Deeper Crisis By Nelson Chenga and Shame Makoshori Sep. 15, 2016 (All Africa Global Media) — GOVERNMENT moved to curb social upheavals this week by reversing a policy announcement...
View ArticleZimbabwe to make Grace Mugabe’s orphanage in Mazoe a tourist attraction...
THE Zanu PF government has launched a campaign to turn First Lady Grace Mugabe’s Mazowe Orphanage, primary and secondary schools and her multi-million-dollar business empire in Mashonaland province...
View ArticleMugabe asks Zimbabwea Diaspora community to pay US$100 per month to support...
*THE CASH-SQUEEZED GOVERNMENT OF ZIMBABWE HAS FOUND A WAY OUT OF ITS FINANCIAL QUAGMIRE… TAXING ITS MORE THAN FOUR MILLION CITIZENS IN THE DIASPORA.* Senior government sources revealed this week that...
View ArticleHow Is Zimbabwe Paying for Its New Bond Notes?
How Is Zimbabwe Paying for Its New Bond Notes? By Daniel Finnan and Nick Champeaux Sep. 16, 2016 (All Africa Global Media) — Questions are being raised about the collateral behind the Zimbabwean...
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Africa’s Richest Man Aliko Dangote’s US$30Million #Nigeria Mansion, See...
This is said to be the $30m home of Africa’s richest man’s home, Dangote..According to Africa Cradle who were given access to,the mansion situated in Abuja is Mr. Dangote has called this place home...
View ArticleIMF – No money for Zimbabwe before $2 Billion debt is cleared
Sep. 16, 2016 (Xinhua) — The International Monetary Fund (IMF) has said it is not discussing any financing program with Zimbabwe, which is pursuing a debt clearance plan with international financial...
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