April 12
Zimbabwe: RBZ Governor Assures Public On Financial Stability Amid ZiG Introduction
263Chat
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has re-affirmed the Central Bank's commitment to financial stability in the country following the introduction of the… Read more »
Zimbabwe: Debunking Misinformation and Disinformation - What the RBZ Is Saying About ZiG
263Chat
On 5 April 2024, the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, announced the Zimbabwe Gold (ZiG) as the new currency to replace the inflation-battered Zimbabwe… Read more »
South Africa: Ramokgopa Visits Camden Power Station
SAnews.gov.za
Minister in the Presidency responsible for Electricity, Dr Kgosientsho Ramokgopa, continued his visits to power stations with a stop at the Camden Power Station in Mpumalanga, on… Read more »
South Africa: Cosatu Demands Urgent Action By the SAPS Following the Brutal Killing of a Worker in Rustenburg [press release]
COSATU
The Congress of South African Trade Unions (COSATU) is horrified by the brutal killing of Moeletsi Sedi, a young worker who was reported to have been brutally killed by pit bulls… Read more »
April 11
South Africa: South African, Botswana Presidents to Visit Limpopo Bus Crash Site - South African News Briefs - April 11, 2024
allAfrica
Read more »
Zimbabwe: Zimbabwe's New Gold-Backed Currency Gets Off to a Chaotic Start
RFI
Zimbabwe's new gold-backed currency is designed to fight inflation and wean the economy off the US dollar, but it has suffered a chaotic start with shops accepting only US dollars… Read more »
Zimbabwe: Muswere Calls On Media to Support Zim's New Currency
The Herald
The successful adoption of Zimbabwe's new currency Zimbabwe's Gold ( ZiG) , is hinged on the positive coverage given by media practitioners, Information, Publicity and Broadcasting… Read more »
Namibia: City of Windhoek Extends Deadline for Pensioners' Debt Relief Registration
Namibia Economist
The City of Windhoek (CoW) has extended the deadline for pensioners to register for debt relief until May 31. Read more »
Namibia: China Open to More Namibian Commodities
New Era
China has been Namibia's second-largest trading partner for many years, and bilateral trade volumes between the two countries exceeded US$1.3 billion in 2023, with year-on-year… Read more »
April 10
Malawi: Unlocking Malawi's Trade Barriers Through One-Stop Border Posts [press release]
World Bank
The Dedza border post, situated between Malawi and Mozambique, is a busy place. On average, more than 80 trucks are cleared daily, carrying shop merchandise from South Africa to… Read more »
Southern Africa: Zimbabwe to Maximise On Oil Discovery
The Herald
Zimbabweans will be the primary beneficiaries of the recent oil and gas discoveries in Muzarabani and to this end, the Second Republic is in the process of establishing mechanisms… Read more »
Zimbabwe: ZSE Re-Bases Indices On Currency Changes
The Herald
The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy… Read more »
Zimbabwe: Govt to Construct Minerals Value Addition Plants
The Herald
The first phase of the construction of the Mines to Energy Industrial Park in Mapinga will begin in June as the Government steps up the minerals value addition and beneficiation… Read more »
East Africa: East Africa Mulls Us Dollar Securities to Cushion Investors
The Herald
East African stock market chief executives are considering a policy shift to allow them to issue debt instruments in hard currency to open competition with commercial banks over… Read more »
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 »