RBZ RESTRICTS ACCESS TO FOREX

(Reuters) – Zimbabwe’s commercial banks are under orders to
restrict U.S. dollar transactions to companies and individuals with foreign
payments to make, according to a central bank directive that demonstrates the
slow progress of currency reforms.

(Reuters) – Zimbabwe’s commercial banks are under orders to restrict U.S. dollar transactions to companies and individuals with foreign payments to make, according to a central bank directive that demonstrates the slow progress of currency reforms. The document, a measure of the foreign exchange controls that remain in place six days after authorities announced moves to ease chronic cash

PROSPERITY PREACHERS UNDER THE SPOTLIGHT

The shocking video of a popular South African pastor, Alph Lukau, ostensibly bringing a “dead” Zimbabwean man back to life during a church service in Johannesburg, has reignited intense debate about the country’s ubiquitous charismatic preachers and se…

The shocking video of a popular South African pastor, Alph Lukau, ostensibly bringing a “dead” Zimbabwean man back to life during a church service in Johannesburg, has reignited intense debate about the country’s ubiquitous charismatic preachers and self-styled prophets, the Daily News can report. During the service — as recorded in the sickening video which has gone viral around the world on

DOG EAT DOG AHEAD OF MDC CONGRESS

Jostling for positions has intensified in the MDC ahead of its elective congress in May.
Party bigwigs are likely to take each other head-on at the congress as they battle for supremacy in the 19-year-old opposition outfit.

It’s already a dog-eat-d…

Jostling for positions has intensified in the MDC ahead of its elective congress in May. Party bigwigs are likely to take each other head-on at the congress as they battle for supremacy in the 19-year-old opposition outfit. It’s already a dog-eat-dog affair in the MDC with those aspiring to contest for positions openly canvassing for support within party structures. At the top, party leader

MDC NEEDS A LEADER WITH THE RIGHT TEMPERAMENT : MWONZORA

The die has been cast in the MDC ahead of its elective congress as the party’s ambitious secretary-general Douglas Mwonzora has expressed his desire to challenge party leader Nelson Chamisa in a contest that could make or break his political career.

The die has been cast in the MDC ahead of its elective congress as the party’s ambitious secretary-general Douglas Mwonzora has expressed his desire to challenge party leader Nelson Chamisa in a contest that could make or break his political career. Mwonzora has previously been keeping his cards close to his chest. But in an interview with the Daily News yesterday, he declared that he has

‘We’re not manipulating the exchange rate’ – Zimbabwe Finance Minister

Finance Minister Mthuli Ncube says government is staying out of the newly launched interbank market and will only intervene to deal with any volatility. After a second day of foreign currency trading on Tuesday, trades […]

Finance Minister Mthuli Ncube says government is staying out of the newly launched interbank market and will only intervene to deal with any volatility. After a second day of foreign currency trading on Tuesday, trades [...]