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‘US$10m is no guarantee for power’: Chasi

Minister of Energy and Power Development Fortune Chasi said the US$10 million that the government has paid to South Africa’s ESKOM is not a guarantee for power .He urged citizens to pay their electricity bills. Posting on his twitter handle Chasi said, “Zimbabweans while we have paid 10m$ this is no guarantee for power. We need to negotiate. The public ...

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Chasi warns ZESA non-paying consumers

Minister of Energy and Power Development Adv. Fortune Chasi has called upon every citizen to pay their electricity bills because Zimbabwe Electricity Supply Authority(ZESA) load shedding will be affecting everyone regardless of their status. Posting on his twitter handle, Chasi urged everyone to pay their electricity expenses because ZESA electricity blackout would affect everyone because of the non-payment.Chasi said electricity ...

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Botswana tax-man stops accepting payments in forex

Botswana Unified Revenue Service (BURS) which is responsible for customs and excise duty in the country has announced that it will not accept any foreign currency as means of payments starting from the 1st of August 2019. In a statement the BURS said the aim is to restrain their highly administrative costs since the converting of forex to Botswana Pula ...

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‘Banning of foreign currency will not affect foreign visitors’: Zimbabwe Tourism Authority

Zimbabwe Tourism Authority (ZTA) has assured foreign visitors that the banning of foreign currency in Zimbabwe will not negatively affect their traveling. In a statement, ZTA said visitors should make necessary arrangements before they intend to travel and they must look for their International Credit Card Companies such as visa and mastercard. “Any free convertible foreign currencies remain acceptable in ...

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Acting RBZ governor assures people on Nostro accounts

Acting Reserve Bank of Zimbabwe (RBZ) Governor Dr Jasmine Chipika has guaranteed people that there are no changes regarding Nostro Foreign Currency Accounts. This came after RBZ reintroduced Zimbabwean Dollar and effectively ban forex transactions locally. People were panicking as they wonder how diaspora remittances would be handled. Chipika said people should continue access and transact their money locally and ...

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Chivayo distances self from ZANUPF-Matutu claim

Businessman and socialite Wicknell Chivhayo aka Sir Wicknell has disputed claims by ZANU-PF Deputy Secretary for youth Lewis Matutu claiming he was corrupt. Posting on his twitter handle Chivhayo denied the allegations calling it defamation of character by Matutu.Chivayo insisted that anyone with proof against him should report him at the nearest police station as soon as possible. He went ...

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Biti speaks on Zimbabwe current economic situation

Former Finance Minister Tendai Biti said the crisis in Zimbabwe is political which emanated from the Military Coup of November 2017 and the July 2018 elections. In an interview with Nehanda TV, Biti said the economic crisis in Zimbabwe is worsening and it can only be resolved by a genuine political dialogue between President Nelson Chamisa of MDC party and ...

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Zimbabweans react to re-introduction of Zimdollar and banning of foreign currency

Finance Minister Mthuli Ncube has announced that he banned all foreign currency and brought back Zimbabwe Dollar as the only legal tender. The announcement has brought negative reactions to many social media users. “They are simply playing with our lives and they know if you urinated in the months Zimbabweans they will just murmur for a week and adapt to ...

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Zim abolishes multi-currency trading with immediate effect

The Government of Zimbabwe has today abolished the multi-currency system declaring the Zimbabwe local dollar as the sole trading currency with immediate effect. The multi currency regime which includes the British pound, United States dollar, South African rand, Botswana pula and any other foreign currency shall no longer be legal tender alongside the Zimbabwe dollar in any transactions in Zimbabwe. ...

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ED told to consider human rights

US Assistant Secretary of State for African Affairs Tibor Nagy has called upon President Emmerson Mnangagwa to revisit the killings and act of violence by the state security officials during the 2018 harmonised elections. Posting on his twitter handle, Nagy said ED must analyze the death of Zimbabweans during the Presidential elections and the military forces should be accountable for ...

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