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Zimbabwe introduces new “bond notes” currency

Zimbabwe central bank on Monday launched a “bond notes” currency in a last-ditch bid to inject desperately needed cash into its failing economy. The southern African nation is currently facing a critical cash shortage; massive unemployment and food insecurity, as it also battles to clear a foreign debt overhang of over $8bn. The country is […]

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Two African leaders and ministers to attend funeral of Fidel Castro

South African President, Jacob Zuma and Robert Mugabe of Zimbabwe have left their countries on Monday to the Cuban capital, Havana to attend the funeral of the late Fidel Castro. According to a statement released by the South African presidency, all flags in the southern African nation will fly at half-mast till 4th December. “President […]

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Zimbabwe: Mugabe announces retirement

Zimbabwean President Robert Mugabe has finally announced his retirement, Africanews portal reports. According to Africanews, the 92-year-old Mugabe, the only President Zimbabwe has had in 36 years of independence was addressing a group of war veterans who rallied to support him, in the capital Harare last weekend. Mugabe was quoted as saying the country’s economy […]

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Zimbabwe Targets 4.8% GDP Growth in 2017

Zimbabwe’s economy is projected to rebound from 1.2 percent growth to 4.8 percent next year, driven by a cocktail of reforms, improved agriculture production and higher commodity prices, the treasury announced on Tuesday. The country which has been led by President Robert Mugabe since 1980 is currently experiencing a liquidity crisis that led to limits […]

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CAFCON/GABON 2017: Morocco to wrestle with CI, Togo, DRC at group stage

Moroccan national soccer team will start its African Cup Nations 2017 campaign with DR Congo in the same group with reigning champions Cote d’Ivoire and Togo. The draw for the competition group stage took place Wednesday in the Gabonese capital of Libreville. The 16 qualified nations now know their opponents. Competition favorites Cote d’Ivoire, Algeria, […]

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Uganda: Opposition’s Besigye Arrested

Ugandan long-standing opposition leader Kizza Besigye has been arrested on Sunday for allegedly attempting to organize a parallel Independence Day celebration. The former presidential candidate, who came second in the contested presidential election in February, was arrested and charged with treason in May after a video surfaced on social media showing him taking the oath […]

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Zimbabwe: U.S Lifts Sanctions on Individuals, Firms

United States’ sanctions against some individuals and companies in Zimbabwe have been lifted on Thursday, the State Department announced in a statement. These include Sabina Mugabe, the president’s younger sister who died in 2010; Charles Utete, ex-secretary of the president who died in July 2016; Aeneas Chigwedere, a former minister; Jocelyn Chiwenga, ex-wife of the […]

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Mugabe’s Son-in-Law Appointment Sparks Outrage

The appointment of the son-in-law of Zimbabwean President Robert Mugabe as the Chief Operating Officer (COO) of ailing state airline, AirZim, reignited a national debate on the appointment of family members to powerful public sector positions in the Southern African nation. The Thirty-nine-year-old Simba Chikore was finally confirmed as Chief Operating Officer (COO) of Air […]

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Mugabe Threatens to Pull Africa out of UN

Zimbabwe’s president Robert Mugabe on Saturday announced that the African Union is of the view that if their position of getting a permanent seat at the United Nations Security Council is not adopted, the AU will pull out of the United Nations next year. Mugabe made the statement before thousands of Zanu PF party supporters […]

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Step Down, Botswana President Tells 92-Year-Old Mugabe

Botswana President Ian Khama on Wednesday said Robert Mugabe should accept the reality of his age and retire. Mugabe should without delay exit the post of president of the southern African nation and allow new leadership because Zimbabwe’s political and economic implosion since 2000 is dragging down the whole of southern Africa, President Khama said. […]

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