Not even SADC has been spared a true Zanu PF welcome. Having lost the elections on August 23, 2023, Zimbabwe’s incumbent president is hellbent on putting up a display as the godfather of repression in the Southern African region (and maybe even beyond).
By Chenayi Mutambasere
Zimbabwe finds itself ensnared in a crisis of confidence, a plight born from the tumultuous journey of its Reserve Bank in recent years. Trust, once eroded, proves difficult to rebuild, especially when the institution tasked with monetary stewardship stands accused of betraying that trust."
Chenayi Mutambasere: "Issuing a structured currency may seem like a solution to economic woes, but it could plunge Zimbabwe deeper into hyperinflationary turmoil. Here’s why:"
Chenayi Mutambasere: "Yet, the absence of an MPS sends a troubling signal, particularly when considering the tumultuous tenure of the central bank’s governor, marked by a series of missteps and controversies. Ranging from private debt assumptions, gold mafia implication, T-Bills fraud, Command Agriculture payouts, to hyperinflation, liquidity crisis and currency devaluation."
Chenayi Mutambasere: "As Zimbabwe grapples with the aftermath of a widely contested election, seven months later, its citizens have emerged as beacons of a governance crisis that reverberates throughout the region, manifesting in numerous socio-economic challenges."
US President Donald Trump has extended a pause on planned military strikes against Iranian energy infrastructure by 10 days, saying discussions with Tehran are ongoing despite conflicting signals from Iran.
An inmate at Chikurubi Farm Prison, a unit within Zimbabwe’s largest correctional facility, Chikurubi Maximum Security Prison, has died under unclear circumstances, prompting an independent investigation amid social media claims that he may have been assaulted.
Controversial businessman Wicknell Chivayo, whose lavish public cash donations have sparked widespread debate, has received indirect legal backing after Finance Minister Mthuli Ncube told Parliament that holding large sums of money is not a crime in Zimbabwe.
WestProp Holdings is charting a bold new chapter in its growth journey with the expansion into Mashonaland East, Chivhu, a town just one hour and thirty minutes from Harare.
