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Zimbabwe News

  • Zimbabwe announces amnesty for return of state funds taken abroad

    ZIMBABWE, 2017/11/29 President Emmerson Mnangagwa says anyone who fails to comply with directive within three months will be prosecuted . Zimbabwe’s new president has announced a three-month amnesty for the return of public funds hidden abroad by individuals and companies. At the same time as the amnesty expires, the government will arrest and prosecute those who have failed to comply with the directive, Emmerson Mnangagwa said in a statement on Tuesday.
  • Zimbabwe’s new leader issues ultimatum for externalised funds

    ZIMBABWE, 2017/11/29 Zimbabwe’s new president on Tuesday gave a three-month ultimatum for the return of funds siphoned out of the country by individuals and corporations, as he moves to stem graft and revive the moribund economy. “The government of Zimbabwe is gazetting a three-month moratorium within which those involved in the malpractice can bring back the funds and assets, with no questions being asked or charges preferred against them,” Emmerson Mnangagwa said in a statement.
  • Zimbabwe's economic situation "very difficult" - IMF

    ZIMBABWE, 2017/11/27 Zimbabwe’s economic increase is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said. Zimbabwe was once one of Africa’s most promising economies but suffered decades of decline as former President Robert Mugabe pursued policies that included the violent seizure of white-owned commercial farms and money-printing that led to hyperinflation. Mugabe, 93, resigned on Tuesday next nearly four decades in power following pressure from the military, the ruling ZANU-PF party and the general people.
  • The challenges to reform in post-coup Zimbabwe

    ZIMBABWE, 2017/11/27 Mugabe’s undoing came next he , Vice President Emmerson Mnangagwa, from the ruling Zimbabwe African National Union-Patriotic Front (ZANU-PF) Party. Mnangagwa had been locked in a succession struggle with Mugabe’s wife, Grace Mugabe, and the sacking triggered the military’s intervention. A volatile situation called for calmallegedly pacifying a degenerating economic, political and social situationBoth the Southern African Development Community (SADC) and the African Union (AU) saying they will not support any government that comes to power via a coup d’état. This likely underlies the military’s determination to avoid that term.
  • Mugabe wept after 'chameleons' forced him to resign

    ZIMBABWE, 2017/11/27 Zimbabwe’s former president Robert Mugabe cried and lamented “betrayal by his lieutenants” at the same time as he agreed to step down last week under pressure from the military and his party next 37 years in power, the Standard newspaper said in its Sunday edition. President Emmerson Mnangagwa, a former Mugabe loyalist, was sworn in on Friday and attention is focused on whether he will name a broad-based government or select figures from Mugabe’s era.
  • How Mugabe's wife became the reason for his downfall

    ZIMBABWE, 2017/11/22 President Robert Mugabe's breakdown was caused by the ambitions of his combative wife Grace, whose emergence as his likely successor proved a step too far for Zimbabwe's military, analysts say. Grace Mugabe -- 41 years younger than her husband -- was once dismissed as a lightweight shopping addict.
  • Mugabe Makes First Public Appearance Since Military Action

    ZIMBABWE, 2017/11/18 President Robert Mugabe was Friday officiating at the Zimbabwe Open University graduation ceremony in Harare despite reportedly being under home arrest. Missing from the event however, was higher education minister Jonathan Moyo who is usually by the president's side at such events. In place of Moyo, who is believed to be one of the officials wanted by the military, was deputy higher education minister Godfrey Gandawa.
  • Mugabe Meets Army Boss, Envoys Amid Calls for His Resignation

    ZIMBABWE, 2017/11/18 MDC-T leader Morgan Tsvangirai says President Robert Mugabe must step down instantly to pave way for a transitional mechanism to take Zimbabwe to a new dispensation. He was speaking during a press conference held in Harare Thursday, a day next he returned from South Africa where he was being treated for cancer. Tsvangirai condemned President Mugabe for refusing to relinquish power next having presided over violent and rigged elections for almost four decades saying regional bodies have tolerated him for too long.
  • Namibia Scraps Visas for Africans

    BOTSWANA, 2017/11/01 Namibia has gotten the ball rolling on plans to scrap visa requirements for African passport holders next Cabinet authorised the implementation of this process - to be carried out in line with diplomatic procedures. Namibia will any minute at this time start issuing African passport holders with visas on arrival at ports of entry as a initial step towards the eventual abolition of all visa requirements for all Africans.
  • Africa: Experts Explore Infrastructure and Cooperation to Improve Lives

    BOTSWANA, 2017/11/01 Addis Ababa — African economies require structural transformation to attain sustained increase that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic increase will help resolve the “persistent social economic problems” Africa faces.