Before staging a military coup that ousted former president Robert Mugabe in November 2017, the military – and Emmerson Mnangagwa’s Lacoste ... faction of the ruling party – accused Grace Mugabe of taking over some government functions. With just less than five years after becoming Zimbabwe’s first lady, Auxillia appears to be following in Grace’s footsteps.
Through the Bankers Association of Zimbabwe, Stanbic Bank engaged the central bank to ensure the suspension of bank lending does not cripple ... their operations, Panashe Chitumba Stanbic Bank's head of risk and corporate affairs tells The Africa Report.
The Encounters South African International Documentary Festival returns to theatres for the first time in two years, with in-person screenings ... taking place across venues in Cape Town and Johannesburg. Perhaps the most prestigious festival on the continent for documentary films, the 24th edition of Encounters offers a whopping 53 titles – shorts and features inclusive. It runs from 23 June to 3 July 2022.
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Zimbabwe politics are shaping up to be fairly competitive as President Emmerson Mnangagwa faces not only a spirited opponent from the opposition, ... but also a potential challenge from his own Vice President, Constantino Chiwenga.
Old Mutual Zimbabwe: Suspension in bank lending leaves a dent in investor confidence, says Matsekete
On 7 May this year, President Emmerson Mnangagwa introduced a raft of measures meant to stabilise Zimbabwe’s economic crisis. Among the measures ... included was a suspension - with immediate effect - of lending by banks to both the government and private sector.
The explosion in the price of lithium has opened up new prospects for the mineral on the continent. But for the time being, the transformation ... of this resource – which has become strategic for technology companies – is mainly carried out outside Africa. Our infographics tell the story.
Zimbabwe, the largest producer of tobacco in Africa and sixth globally, is looking to turn tobacco farming into a $5bn industry by 2025. It is ... one of the biggest foreign currency earners for the Southern African nation, along with gold and remittances.
In late May, Zimbabwe, which was once the breadbasket of Africa, announced it will import 400,000 metric tonnes (MT) of maize worth $100m from ... the neighbouring Zambia and Malawi amid grain shortages due to poor harvests and hoarding by farmers who are demanding to be paid in US dollars - this despite President Mnangagwa's Command Agriculture Programme. When did the basket go empty?