Month: May 2024
ZiG to Get Global Currency Code
The Reserve Bank of Zimbabwe (RBZ) is working to get an International Organization for Standardization (ISO) code for the Zimbabwe Gold (ZiG) currency. ISO currency codes are three-letter codes that represent different currencies around the world. For example, USD stands for the United States dollar, GBP for the British pound, and EUR for the euro. […]
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Prof. Ncube Launches Tools to Enhance Transparency in Development Projects
Harare, Zimbabwe – In a landmark move to bolster Zimbabwe’s development cooperation framework, Honorable Prof. Mthuli Ncube has launched three pivotal initiatives: the Development Projects Management Information System (DEVPROMIS), Sector Working Groups (SWGs), and the 4th Round Monitoring Exercise for the Global Partnership for Effective Development Cooperation (GPEDC). Prof. Ncube, while delivering the keynote address, […]
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Zimbabwe-Angola Economic and Political Relations Deepen
Zimbabwe and Angola have agreed to elevate their Joint Permanent Commission on Cooperation (JPCC) to a Bi-National Commission (BNC), signaling their commitment to strengthening economic and political ties. This decision was made during the second session of the JPCC, held in Luanda, Angola, from May 13 to 16, 2024. The meeting resulted in the signing […]
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Gold deliveries steady
In 2023, Zimbabwe achieved gold deliveries of 30.1 tons to the Fidelity Gold Refinery (FGR). The target for 2024 is set at 40 tons. However, from January to April 2024, only 8.4 tons were delivered, slightly less than the 8.57 tons delivered during the same period in 2023. Large-scale miners have registered a 26% increase […]
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President Mnangagwa Urges Innovative Support for War Veterans
President Mnangagwa has reaffirmed the government’s dedication to supporting war veterans through empowerment projects and enhanced access to social services. The President said this while addressing the first National Assembly of the Zanu PF War Veterans, Ex-Political Prisoners, Detainees, and Restrictees in Harare yesterday. He emphasised the importance of providing technical assistance to help war […]
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86 Senior Police Officers Promoted by ZRP in Major Overhaul
In a significant development, the Zimbabwe Republic Police (ZRP) has promoted 86 senior officers to new ranks, including Commissioners, Assistant Commissioners, and Chief Superintendents. This includes national police spokesperson Assistant Commissioner Paul Nyathi, who, along with 16 others, has been promoted to Commissioner. Chief Superintendent Mandlenkosi Moyo, former Bulawayo police spokesperson and Officer Commanding Gwanda […]
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Corruption Crackdown: ZACC Arrests 235 Officials in Zimbabwe Land Scandal
In a sweeping anti-corruption operation, the Zimbabwe Anti-Corruption Commission (ZACC) has detained 235 public officials implicated in illegal land deals and various other offenses, including criminal abuse of office and fraud. This major development was disclosed by ZACC commissioner Gabriel Chaibva, who noted that these cases have been forwarded to the National Prosecuting Authority of […]
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President Mnangagwa Presides over launch of the Youth Service in Zimbabwe
President Mnangagwa Presides over launch of the Youth Service in Zimbabwe Mashonaland Province has been honored to host the launch of the revamped YouthService in Zimbabwe Programme. President Mnangagwa will deliver the keynote address at the event, which isscheduled for Friday, May 24, 2024, at the Nhakiwa Vocational Training Centrein the Uzumba Maramba Pfungwe District […]
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Zimbabwe is Open for Business” Initiative Strengthened by New PPP Policy
The Cabinet has approved a new policy framework for government shareholding and equity in public-private partnerships (PPPs), presented by the Honourable Vice President, Dr. Gen (Rtd) C.G.D.N. Chiwenga. The framework is part of the “Zimbabwe is Open for Business” initiative, which has attracted increased private sector interest and participation in partnering with the government and […]
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Proposed Public-Private Partnership Project for Upgrading, Construction, and Tolling of the Old Gwanda Road
The Cabinet has approved a Public-Private Partnership (PPP) between the Ministry of Transport and Infrastructural Development and Zwane Enterprises (Private) Limited for the upgrading, construction, and tolling of the Old Gwanda Road. This initiative was presented by Honourable Mthuli Ncube, the Minister of Finance, Economic Development, and Investment Promotion, who chairs the Public Private Partnership […]
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