April 10
Zimbabwe: Zimdollar Remains Legal Tender Until Month-End - RBZ
The Herald
The Zimbabwe dollar remains legal tender for all domestic transactions until April 30, when the Zimbabwe Gold (ZiG) notes and coins will come into circulation, the Reserve Bank of… Read more »
April 09
Zimbabwe: Zimbabwe's New Zig Currency Strengthens On Second Day of Trading
New Zimbabwe
Zimbabwe's new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new… Read more »
Zimbabwe: Crisis As Sugar Prices Hit U.S.$4 Per 2kg Packet
New Zimbabwe
THE cost of living continues to spiral beyond the reach of many with sugar souring to a high of US$4,00 per 2kgs over the last weekend. Read more »
South Africa: Communities Continue to Remain in the Dark As 1 135 Transformers Across the Country Are Not Working [press release]
DA
While thirteen days with no loadshedding is very much a welcome development, the sad reality is that there are many communities across the country that have been left in the dark… Read more »
April 08
Zimbabwe: ZiG Notes, Coins to Start Circulating On April 30 - RBZ Governor
New Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said the newly introduced currency Zimbabwe Gold (ZiG) notes and coins will begin circulating on April 30. Read more »
Zimbabwe: Reserve Bank Cuts Policy Rate From 130 to 20%, Bets on New Gold Currency
263Chat
The Reserve Bank of Zimbabwe (RBZ) has cut the policy rate to 20 percent from 130 percent previously as it bets on measures to stabilize the newly introduced Zimbabwe Gold (ZiG)… Read more »
Zimbabwe: Zimbabweans Need Restoration of Confidence in Economy, Not a New Currency - Rights Group
New Zimbabwe
RIGHTS group ActionAid has slammed the recent launch of the new structured currency, Zimbabwe Gold (ZiG) saying the nation needs restoration of confidence in the economy, not a new… Read more »
South Africa: Fact Check - Was Former President Jacob Zuma Targeted in a Recent Car Accident? [analysis]
Daily Maverick
On 28 March 2024, the car in which former president Jacob Zuma was travelling in KwaZulu-Natal was involved in an accident. Or was it? Misinformation on all sides has been swirling… Read more »
South Africa: Vala Umgodi Operation Leads to Arrest and Confiscations of Equipment Used for Illegal Mining [press release]
SAPS
An integrated multi-disciplinary disruptive Vala Umgodi operation conducted in Hartbeespoortdam near Brits on Wednesday, 03 April 2024, resulted in the arrest of six suspects and… Read more »
Namibia: Mulunga Sued Over Unpaid Loan
New Era
Suspended Namibian Petroleum Corporation (Namcor) managing director Immanuel Mulunga is being sued by a medical doctor over an unpaid loan of N$50 000. Read more »
South Africa: Keith Helfet, the Man Who Designed SA's Elusive Electric Car [analysis]
Daily Maverick
The search for the Joule, South Africa's only electric car, led to a conversation with the legendary designer of some of the world's most beautiful sports cars, Keith Helfet. The… Read more »
South Africa: Shoprite Joins Group of Retailers Revamping Retail On a Global Scale [analysis]
Daily Maverick
The W23 Global fund will pump $125m into start-ups aimed at addressing sustainability and transforming grocery retail. Read more »
April 07
Zimbabwe: Africans Should Unite, Maximise On Trade Opportunities On Continent - - Says Re-Elected Pap President Charumbira
New Zimbabwe
AFRICANS should be conscientised on the trade opportunities available to them, recently re-elected Pan African Parliament president, Senator Chief Fortune Charumbira, has said. Read more »
South Africa: Mining Sector Seeks Next Breakthrough in Reducing Falls of Ground Fatalities [analysis]
Daily Maverick
South Africa's mining sector is digging for further breakthroughs in reducing falls of ground deaths after a regression last year from a record low in 2022. Read more »
South Africa: Retirement Fund Managers Grow Offshore Exposure, but Local Is Still Lekker Too [analysis]
Daily Maverick
Offshore allocations remain high, a survey shows, but some local sectors look promising. Read more »
April 05
South Africa: Cheap Politics and Deep Fakes - The Use of AI-generated Content Ahead of South Africa's Election
The Centre for Analytics and Behavioural Change
The South African National Editors Forum (SANEF) and Media Monitoring Africa (MMA) recently circulated a paper that contains a risk assessment of factors that could… Read more »
Botswana: Botswana Leads Calls On G7 Countries to Review Diamond Tracking Initiative
VOA
Africa's leading diamond producer, Botswana, has written to the Group of Seven leading industrial countries seeking to reverse an initiative requiring all producers to send gems to… Read more »
South Africa: Government Accelerates Programme to Connect Citizens to Internet
SAnews.gov.za
Government intends to connect 1.5 million households in rural and township areas by the end of the year to the internet, enabled by Wi-Fi hotspots. Read more »
Zimbabwe: Zim Holds 2,5t Gold, U.S.$300m Cash Reserves
The Herald
Rumbidzayi Zinyuke Read more »
April 04
South Africa: Joburgers Remain the Nation's Biggest Spenders
Daily Maverick
Joburgers, Capetonians, and Durbanites are splurging at varying rates, with Cape Town leading the charge in increased spending on groceries, dining out, and travel. Read more »
South Africa: Harmony, Unions Strike Gold With Historic Five-Year Wage Pact
Daily Maverick
Harmony Gold signed a historic inflation-linked five-year wage agreement with five unions on Thursday, the day after the precious metal's price hit a record high. The deal should… Read more »
Zimbabwe: Zimbabwe Central Bank Says It Has Assets Worth 2.5 Tons of Gold
VOA
On the eve of the anticipated rollout of a new gold-backed currency, Zimbabwe's central bank announced Thursday that it has the equivalent of 2.5 tons of gold reserves. Read more »
Namibia: !gawaxab Warns of 'Dutch Disease' Amid Oil, Green Hydrogen Discoveries
Namibian
Bank of Namibia governor Johannes !Gawaxab has cautioned against the phenomenon whereby the rapid development of the oil and gas and green hydrogen industries in Namibia may lead… Read more »
Namibia: Govt Spends N$39,8m On Funerals, Celebrations in One Year
Namibian
The office of the Prime Minister spent N$39,8 million on 38 funerals, Independence Day and Heroes Day celebrations last year. Read more »
Namibia: Namibia Urged to Grow in Sectors That Create Jobs
Namibian
Namibia should make a deliberate effort to invest in improving agriculture production and value chains, as well as target other sectors like construction to stimulate employment… Read more »