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Stories

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Jonathan Moyo calls survey that said Chamisa would win the next presidential elections a scam
Posted inStories

Jonathan Moyo calls survey that said Chamisa would win the next presidential elections a scam

Exiled Zimbabwean politician Jonathan Moyo has called a survey that said Citizens Coalition for Change leader Nelson Chamisa would win the next presidential elections a scam. The survey which was…
Posted by Charles Rukuni February 8, 2023
PPC weighs selling Zimbabwe unit for US$200 million
Posted inStories

PPC weighs selling Zimbabwe unit for US$200 million

PPC, South Africa’s largest cement maker, is considering selling its Zimbabwe business for about US$200 million, according to people with knowledge of the matter. The shares surged.  A sale will…
Posted by Charles Rukuni February 7, 2023
Zimbabwe dollar drops to $831.81, black market now at $1 300
Posted inStories

Zimbabwe dollar drops to $831.81, black market now at $1 300

The Zimbabwe dollar continues to fall against the United States dollar and is now officially at $831.8147 but it is failing to close the gap with the black market which…
Posted by Charles Rukuni February 7, 2023
Chamisa would win Zimbabwe elections if they were held tomorrow
Posted inStories

Chamisa would win Zimbabwe elections if they were held tomorrow

Citizens Coalition for Change leader Nelson Chamisa would win Zimbabwe’s presidential elections if they were held tomorrow, a South African think-tank the Brenthurst Foundation says in a survey conducted on…
Posted by Charles Rukuni February 7, 2023
Zimbabwe gold coins mop out $25 billion
Posted inStories

Zimbabwe gold coins mop out $25 billion

Gold coins, introduced in Zimbabwe in July 2022 as one of the measures to stabilise the local currency by easing demand on the United States dollar, had mopped out $20…
Posted by Charles Rukuni February 6, 2023
Zimbabwe Independent MP says he is ZANU-PF
Posted inStories

Zimbabwe Independent MP says he is ZANU-PF

Outspoken independent legislator Temba Mliswa told Parliament last week that he is still ZANU-PF but is outside the party. He told Citizens Coalition for Change legislator Settlement Chikwinya: “May I…
Posted by Charles Rukuni February 6, 2023
Zimbabweans abroad sending home 9-times more money than FDI
Posted inStories

Zimbabweans abroad sending home 9-times more money than FDI

Zimbabweans abroad sent home US$1.66 billion dollars in 2022, which was 16% more than they did in the previous year. According to the Reserve Bank of Zimbabwe, total international remittances…
Posted by Charles Rukuni February 6, 2023
Zimbabwe is not a horse to be ridden
Posted inStories

Zimbabwe is not a horse to be ridden

Zimbabwe is not a horse to be ridden but it is a sovereign State which must benefit from its natural resources. This was said by President Emmerson Mnangagwa in his…
Posted by Charles Rukuni February 5, 2023
Zimbabwe currency volatile yet the country has US$2 billion in Nostro accounts 
Posted inStories

Zimbabwe currency volatile yet the country has US$2 billion in Nostro accounts 

Zimbabwe has foreign currency bank balances of US$2 billion but the exchange rate is volatile because of people’s expectations. This was said by the Deputy Minister of Finance Clemence Chiduwa…
Posted by Charles Rukuni February 4, 2023
Zimbabwe has to deal with all forms of corruption to benefit from its resources
Posted inStories

Zimbabwe has to deal with all forms of corruption to benefit from its resources

In his song Rat Race, Bob Marley cautions, “in the abundance of water, the fool is thirsty”. Before the turn of the millennium, gold was Zimbabwe’s lead export earner along…
Posted by Charles Rukuni February 4, 2023

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