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
20th October 2017
20 October 2017 By by MacDonald Dzirutwe, REUTERS A Belgian-based businessman on Friday challenged Zimbabwean First Lady Grace Mugabe’s accusation that he duped her of a $1.35 million diamond ring and asked her to provide the court with evidence to back her lawsuit. President Robert Mugabe’s wife Grace this week… Read More
19th September 2017
Some African countries are at risk of getting slapped with sanctions and trade restrictions for their dealings with North Korea. A report was released by United Nations panel of experts on September 9th, two days prior to the UN Security Council’s unanimous adoption of a tough new round of sanctions… Read More
11th September 2017
Zimbabwe’s government is using money earned from diamond exports to fund its Central Intelligence Organisation, blamed for a raft of human-rights abuses as it’s helped to keep President Robert Mugabe in power since 1980, Global Witness said. Diamonds dug from the Marange fields in eastern Zimbabwe are channelled through Dubai,… Read More
31st August 2017
The Zimbabwe Revenue Authority is making strides to increase tax evasion penalties to punish tax evaders, amid revelations the taxman is currently collecting 30% of the prospective tax revenue. Zimra board chairperson Willia Bonyongwe yesterday told delegates at an EY tax seminar that there were efforts being made to increase… Read More
13th June 2017
UNITED Nations resident coordinator Bishow Parajuli yesterday said the international agency had no role mediating in the diplomatic fallout between Harare and individual Western countries, especially with regard to the restrictive measures imposed against top government officials.  … Read More