NEASA challenged its members to implore their migrant workforce to visit the Department of Home Affairs to check on visas required after the expiry of the permits.

Tongowona was placed on paid leave on June 30 2022 for “unlawfully” possessing a council firearm without authorisation.

The government holds a 52% stake in the coal mining entity, whose debt obligations stood at US$333 million owed to various creditors as at December 31 2016.

Gold coins came into circulation two months after the government forced banks to stop lending after speculators flooded banks to borrow for buying foreign currency on the black market.

He was addressing the inaugural Zimbabwe Annual Investor Forum hosted by the Zimbabwe Independent and PiggyBankAdvisor in Harare.

This follows Finance and Economic Development permanent secretary George Guvamatanga’s internal communication a fortnight ago where he questioned the pricing models by airlines and hospitality companies.

Fungisai Sithole, the programmes manager of Friedrich Naumann Foundation for Freedom in Zimbabwe said the near absence of female journalists in the field has seen the birth of the Womentorship to help upcoming female journalists.

The development comes at a time when the economy is facing a debilitating liquidity crunch, foreign currency shortages, currency volatility and runaway inflation, which has soared to 256,9% in July this year, up from 56,37% during the same period last year. The number of job losses has been worsened by the impact of Covid-19 as some sectors, such as tourism are still trying to recover from the devastating impact of Covid-19-induced lockdowns on its operations.

Since the release of the gold coins, parallel market forex dealers are trading the United States dollar for ZW$800 and between ZW$600 to ZW$700 for those selling their greenback, a sharp appreciation of the local currency.

Among the presenters will be Finance minister Mthuli Ncube, Reserve Bank of Zimbabwe deputy governor Jesimen Chipika, Chinese ambassador to Zimbabwe Guo Shaochun, Zimbabwe Investment and Development Agency acting chief executive Duduzile Shinya, Securities and Exchange Commission of Zimbabwe acting chief executive Gerald Dzangare, Zimbabwe Stock Exchange direct head Kuda Mundowozi and Mangwana Capital managing director Benedict Mbanga.

Zimra has been without a substantive commissioner-general since the axing of former Zimbabwe Consolidated Diamond Mining Corporation chief executive Morris Mpofu, who was removed just 48 hours after his appointment in January this year.

The tough action, which was disclosed by the fire fighting minister, followed shocking disclosures last week that ministries, government departments and state agencies are being milked dry by suppliers capitalising on laxity by officers to charge “extortionist” prices.

Trusted Treasury sources told the Zimbabwe Independent that a number of suppliers have been milking the government by indexing prices based on projected foreign currency parallel market rates, which are exaggerated. The rates were as high as US$1:ZW$1 500.

GIATOC is a Switzerland-based international organisation, whose aim is to develop innovative strategies and responses to organised crime.

The South African cabinet in November last year made a resolution to terminate the ZEP, a decision which has received overwhelming support from the ruling African National Congress (ANC).

As a result, documents gleaned by this publication show that all ministries, departments and agencies have been directed to suspend all payments with various suppliers and review all running contracts as authorities battle to contain inflationary pressures and put a lid on currency volatilities haunting the Zimbabwean economy.

This was revealed by highly placed sources who told the Zimbabwe Independent this week that Chiwenga’s threats left the business executives “shaken”.

Air Zimbabwe was placed under administration in terms of the Reconstruction of State Indebted Insolvent Companies Act [Chapter 24:27] from October 4 2018 to June 30 2021. Grant Thornton (chartered accountants firm) implemented the scheme of reconstruction, whereupon we appointed the outgoing interim board on July 8 2021.

The developments were revealed in the latest BCC statistical report for June 2022 released on Wednesday. According to the report, the housing and community services department reported in mid-July, 272 building plans with a value of US$7 139 633 were approved in June 2022, constituting an increase of 75,48% compared to the previous month’s figure.

Various NGOs in Zimbabwe face imminent closure with the government pushing the new law in the House of Assembly amid concerns that the state is ignoring objections raised during consultations.

As reported by the Zimbabwe Independent last week, ZimParks, who are the third respondent in a High Court application, is facing a lawsuit from Lawrence Benjamin Norton alongside nine other applicants for issuing permits to Adage Success and Scanner Investments who intend to set up commercial operations close to the falls.

At the time the 2022 budget was presented, ZW$2,3 billion was equivalent to US$21 million at the exchange rate of US$1:ZW$105, but it has depreciated over time due to currency volatilities. The official exchange rate stands at about US$1:ZW$460. 

Prior to the latest judgment by the Supreme Court, under reference number SC67/22, Ziyambi had initially filed an application at the High Court on February 12, 2020, seeking confirmation of the Reconstruction Order. The High Court dismissed Ziyambi’s application with costs, prompting him to appeal to the Supreme Court.

High-level officials from the Zimbabwe Republic Police (ZRP), the Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU), Zimbabwe Anti-Corruption Commission (Zacc), and the Special Anti-Corruption Unit in the Office of the President and Cabinet (Sacu) confirmed the development.

Today, Zimbabwe commemorates the fourth anniversary of the unprecedented state brutality in which soldiers opened fire against fleeing, unarmed protesters on the streets of central Harare, killing six and injuring 35.

The Zimbabwean dollar was trading at US$1:ZW$432 on the official market yesterday. Ncube’s original budget presented in November last year was ZW$968 billion.