Featured Zimbabwe

Zimbabwe ex-Vice-President Phelekezela Mphoko in court for corruption

Zimbabwe’s former Vice-President Phelekezela Mphoko has been granted bail after appearing in court on corruption charges. This comes a day after anti-corruption officials said they were treating him as a fugitive. They accused him of driving away from a police station where he was supposed to make a statement on… Read More

Zimbabwe tourism minister charged with corruption worth $95 million

Zimbabwean Tourism Minister Prisca Mupfumira was charged in court on Friday with corruption involving $95 million from the state pension fund after questioning by the newly formed Zimbabwe Anti-Corruption Commission (ZACC). Mupfumira is the first senior government official to be interrogated by the commission, which was appointed by President Emmerson… Read More

Mugabe-era minister jailed for corruption in Zimbabwe

A former minister who served under Zimbabwe’s ex president Robert Mugabe was found guilty of corruption and sentenced to four years in jail on Friday, his lawyer said, the first conviction of a Mugabe-era official since he stepped down. Mugabe resigned in November after 37 years in power following a… Read More
12th June 2018
Zimbabwe’s parliament on Monday backed down from its demand for former president Robert Mugabe to answer questions related to diamond mining operations during his time in office. In what would have been his first public appearance since being ousted in a de facto military coup in November, parliament had wanted… Read More
22nd May 2018
Zimbabwe’s parliament said on Monday that former President Robert Mugabe was scheduled to answer questions this week related to diamond mining operations during his tenure, but an official said senior ruling party politicians opposed this. Mugabe was originally scheduled to appear before the mines committee on May 9, which would… Read More
15th May 2018
Zimbabwe’s central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin, its governor said on Monday, but stopped short of banning local cryptocurrency trading exchanges. In the southern African nation, those who trade in bitcoin say it offers rare protection as their bank deposits… Read More
29th November 2017
KYC360 News Zimbabwe’s newly appointed leader has announced a three-month grace period for individuals and firms to repatriate stolen money and assets. During the window period, respondents will not be asked any questions or face charges, however those who do not co-operate will be prosecuted. The government is aware that… Read More
27th November 2017
27 November 2017 By Emelia Sithole-Matarise, REUTERS Ousted Zimbabwe finance minister Ignatius Chombo, charged with three counts of corruption in offences that allegedly took place two decades ago, was denied bail on Monday and will be detained in custody until his case is heard on Dec 8. Chombo, who faces… Read More
17th November 2017
By Joon Ian Wong, Quartz Media Bitcoin is apparently surging in Zimbabwe after the military seized power in an apparent coup. Bloomberg reports that bitcoin is trading in Zimbabwe at over $13,000, nearly double the global price of bitcoin. But that’s not quite the whole picture. The price that… Read More
16th November 2017
BBC Zimbabweans are waiting to see what steps the military will take next after seizing control of the country. President Robert Mugabe is under house arrest. A Roman Catholic priest known to him for years is trying to mediate a deal on his future with the military. South African… Read More
15th November 2017
BBC Zimbabwe’s military has read out a statement after taking over the national broadcaster, ZBC, saying it has taken action to “target criminals”. However, it said this was not “a military takeover of government” and President Robert Mugabe was safe. Heavy gunfire and artillery were heard in northern suburbs of… Read More
3rd November 2017
Zimbabwe police detained a US citizen and seized her laptop on Friday on suspicion of calling President Robert Mugabe a “Goblin” on Twitter, the first arrest since the creation of a Ministry of Cyber Security last month, her lawyers said. Martha O‘Donovan, who works for Magamba TV, which describes itself… Read More
24th October 2017
By Matt Clinch, CNBC A surge in demand for digital currency in Zimbabwe has highlighted an interesting quirk in the trading of bitcoin, as well as the current economic woes the African country is facing. “Zimbabwe panic sends bitcoin soaring over $6,000?” asked a report on one cryptocurrency website over… Read More