Zimbabwe plans to create an offshore financial center in the resort city of Victoria Falls that the government hopes will emulate the success of Dubai and the Isle of Man in attracting foreign investment. “The trigger is the success of the VFEX,” Zimbabwean Finance Minister Mthuli Ncube said, referring to the US dollar-denominated Victoria Falls […]
Tag: Zimbabwe
Robert Mugabe’s son apprehended for alleged property damage
A son of Zimbabwe’s former President, Robert Mugabe, has been arrested for allegedly damaging property during a social gathering, Africa News reports citing the Zimbabwean police. Robert Mugabe junior, aged 31, has arrested by police for destroying cars and other property over the weekend, following a complaint from his friend, Sindiso Nkatazo, also 31. Mugabe […]
Belarusian president visits fellow Russia ally Zimbabwe
Belarusian President Alexander Lukashenko arrived in Harare to pomp and fanfare on Monday (30 January) for a two-day visit and talks with his Zimbabwean counterpart, Emmerson Mnangagwa, aimed at cementing economic and political ties between the two countries that are both close allies of Russia. Mnangagwa and hundreds of singing and cheering ruling party supporters […]
Türkiye, Zimbabwe poised to boost ties
Türkiye and Zimbabwe agreed Wednesday to boost their ties in all fields as Turkish top diplomat Mevlüt Çavuşoğlu visits the African country. “We reviewed all aspects of our relations today, how to enhance our economic relations,” Çavuşoğlu said at a joint press conference with his Zimbabwean counterpart Frederick Shava. “We need to establish the Joint […]
Zimbabwe’s farming success: wheat self-sufficient for first time since 2004
Zimbabwe has set its largest wheat harvest in 2022 that reached 375,000 tons, making the landlocked country in southern Africa a self-sufficient agricultural powerhouse, which is a unique performance on the continent. The harvest in 2022 was 13% higher than the previous year, breaking a half-century old record. The area sown to wheat has increased […]
Zimbabwe slow in implementing UN Minamata Convention to stop using toxic mercury
Zimbabwe joined gold miners from Indonesia to Peru last year by ratifying the United Nations Minamata Convention on Mercury, an international treaty adopted in 2013, that seeks to phase out the toxic metal to protect human health and the environment. Inhaling fumes or regular contact with mercury during gold mining can each have devastating effects […]
Zimbabwe bans raw lithium exports as demand, prices soar
Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]
World AIDS Day: Zimbabwe, S.Africa claim some success in fight against HIV
After Zimbabwe last month became the first African country to approve the use of the injectable HIV prevention drug known as cabotegravir or CAB-LA, many in the country are eager for the drug to become available. Before Zimbabwe, the United States approved the drug in December 2021, and Australia in August 2022. In 1999, Zimbabwe […]
Blood diamonds: Botswana wins bid to host anti-conflict diamond watchdog
Botswana, the world’s second-largest diamond producer, has won its bid to host the permanent secretariat of the Kimberley Process (KP), the grouping that certifies that diamonds are not used to fund rebel groups. The KP, a coalition of governments, the diamond industry and civil society representatives, said in a statement on Monday (7 November) it […]
US offer: reforms first, then removal of Zimbabwe sanctions
The United States has outlined the measures the government of Zimbabwe can take for Washington to end its sanctions on the country, but warns that confidence building measures are needed for bilateral re-engagement. On 19 October, the US Department of State called for President Emmerson Mnangagwa’s government to prosecute former and current regime officials responsible […]









