Zimbabwe Situation - Daily news from Zimbabwe
2 days ago · Zim sitting on a time bomb, minister warns. November 10, 2024 9:57 AM. Power Sales workers fume over salaries. November 10, 2024 9:57 AM. Rains expose Masvingo’s poor drainage system. November 10, 2024 9:56 AM. Ncube urged to prioritise solution for Bulawayo water crisis. November 10, 2024 9:54 AM.
The ravaging of Zimbabwe: How Chinese mining companies are …
Oct 7, 2024 · Yesterday, I received quite some disturbing and unsettling pictures from one of my readers. Tendai Ruben Mbofana He had recently visited the Shurugwi area of the Midlands province of Zimbabwe. During a phone call, he made to me soon after arriving in the small predominantly mining town, he told me that he was so […]
𝐙𝐢𝐦𝐚𝐬𝐜𝐨 𝐬𝐡𝐮𝐭𝐬 𝐝𝐨𝐰𝐧 𝟒 𝐟𝐮𝐫𝐧𝐚𝐜𝐞𝐬 - Zimbabwe Situation
Dec 2, 2023 · KWEKWE – Zimbabwe Mining and Smelting Company (Zimasco), the country’s biggest ferrochrome producer with an output of 180 000 tonnes per annum has switched off four of its six furnaces at the Kwekwe plant due to increased cost of power and declining prices on the world market. Heavy industrial companies in Zimbabwe continue to be dogged by ...
RBZ adopts market-based exchange rate - Zimbabwe Situation
Apr 6, 2024 · THE Reserve Bank of Zimbabwe (RBZ) has adopted a market-determined system for setting exchange rates, with the auction system being replaced by a refined interbank foreign exchange market which connects and allows trading between willing-buyers and willing sellers. The central bank itself will help feed the market with the 25 percent surrender ...
Zimbabwean dollar balances shrink in value amid ZiG currency …
Apr 6, 2024 · The depreciating Zimbabwe dollar, which lost 75% of its value this year, will be phased out in favor of ZiG. “Effective today, banks will convert existing Zimbabwe dollar balances to the new currency,” Mushayavanhu declared. ZiG will be available in denominations ranging from 1ZiG, 2ZiG, 5ZiG, 10ZiG, 20Zig, 50ZiG, 100ZiG, and 200ZiG and ...
the latest articles Archives - Zimbabwe Situation
3 days ago · November 10, 2024. Source: CIO car smuggling case drags on - The Standard A vehicle smuggling case involving some officers from law enforcement agencies such as the Ce ... Read More. the latest articles.
Education 5.0 yields fruits - Zimbabwe Situation
Jul 1, 2021 · The Education 5.0 learning model has started bearing fruit as most tertiary institutions have begun to articulate President Mnangagwa’s call for technological development to drive the country towards Vision 2030 of an empowered upper middle income economy. Through Education 5.0, the education sector is anchored on the pillars that include ...
RBZ unveils new gold-backed ZiG currency to replace Zimbabwe …
Apr 5, 2024 · Banks were directed to convert current Zimbabwe dollar balances to the ZiG. “The swap rate will be guided by the closing interbank exchange rate and the price of gold as at April 5, 2024,” he said. The ZiG opened with an exchange rate of US$1 : 13.5616 ZiG. Based on the interbank rate of US$1 : ZWL33,903 on Friday, 1 ZiG was worth ZWL2499.
About "Zimbabwe Situation" - the daily news digest since 2000
Zimbabwe Situation – daily since 2000. Early in 2000 Zimbabwe’s political leadership demonstrated once again how it’d turned on the people. Land invasions heralded the start of a new era for the country, its people, their children, the environment, agriculture, commerce and industry. That was just part of a bigger picture and concealed ...
Sable Chemicals to double production to 200 000t
0 December 5, 2021 9:24 AM. Source: Sable Chemicals to double production to 200 000t – The Standard. BY MTHANDAZO NYONI. ZIMBABWE’S sole ammonium nitrate production outfit, Sable Chemical Industries says it will double production to 200 000 tonnes a year by 2023 after getting a US$11 million boost from a regional lender.