Zimbabwe has introduced a new gold-backed currency called ZiG – the name stands for “Zimbabwe Gold”. It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years. Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at…
Tag: Zimbabwe
Zimbabwe’s main opposition leader Nelson Chamisa quits
Zimbabwe’s opposition leader Nelson Chamisa has resigned, saying his party has been “contaminated” and “hijacked” by the governmen “I will have nothing to do with sewer politics,” he said in a 13-page statement on Thursday. He won about 44% of the votes in last year’s presidential election which was plagued by allegations of foul play….
Zimbabwean president says power shortages to ease in 2023
Zimbabweans will see a vast improvement in electricity supplies in 2023 as the government removes barriers to power generation investments in the country, President Emmerson Mnangagwa said. The government would take extraordinary measures to ensure that Zimbabwe does not have severe power shortages, said Mnangagwa in his weekly column in the state-run Sunday Mail. The…
Measles outbreak in Zimbabwe kills 157 unvaccinated children
At least 157 children have died in a new measles outbreak in Zimbabwe. The outbreak was first reported in the eastern Manicaland province in early April and has since spread to all parts of the country. At least 2,056 cases have been reported and virtually all of the deaths have been children who were not…
Brain Drain as more Zimbabweans go for greener pastures.
Essential services in Zimbabwe are being decimated by brain drain as workers leave for higher-paying jobs abroad. By http://www.twitter.com/FaithNamagembe On 14 Jan 2022. Harare, Zimbabwe – Samuel Chikengezha, a 35-year-old fireman, sits on a sofa in his modest home, staring at the television set while he stresses over how he’ll make ends meet this month. He has…
Zimbabwe goes to the Covid Lockdown again.
By Faith Barbara Namagembe Updated at 0845 EAT on 1st December 2021. Zimbabwe has reimposed a lockdown and mandatory quarantines for all travellers amidst rising Covid cases and to prevent the spread of the Omicron variant. The country has recorded over 130,000 Covid cases and about 4,700 deaths since the pandemic began early last year….
IMF Approves $18 B in 50 requests for Emergency Pandemic Aid; Uganda, Kenya get $ 1.23 B.
By E. K Benj. The International Monetary Fund has approved requests for emergency pandemic aid from 50 of its 189 members for a total of about $18 billion and is continuing to work quickly through the remaining more than 50 requests, an IMF spokesman said on Thursday. The IMF’s executive board was working through requests…
HICGI News Agency 