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Marshall Bwanya is a journalist based in Harare, Zimbabwe.
Portfolio
SADC Summit demands US$5 trillion climate reparations from Global North
The SADC People's Summit calls for a US$5 trillion annual climate debt policy from the Global North to the Global South, emphasizing the historical responsibility of developed nations for climate change. Sydney Chisi highlights the disparity in climate impacts and resources between the Global North and South, criticizing the North's allocation of resources towards military and pandemic relief over climate finance. The summit underscores the urgent need for equitable climate justice and adaptation measures, citing past climate-related disasters in the SADC region as evidence of the Global South's vulnerability.
Kazembe says state ready to quash planned opposition protests
Home Affairs Minister Kazembe Kazembe warns against planned opposition protests ahead of the SADC summit in Zimbabwe, accusing activists of attempting to destabilize the country. The government, led by Zanu PF, is prepared to counter any unrest, citing past experiences with opposition demonstrations. The opposition, including the Citizens Coalition for Change, faces accusations of undemocratic actions, while prominent rights defenders have been detained. The situation highlights ongoing political tensions as Zimbabwe prepares to host regional leaders.
CBZ partners Talk and Pay to enhance banking services
CBZ has partnered with Talk and Pay, a subsidiary of Prevail Group Marketing, to expand banking services, including cash deposits, withdrawals, and various payments. The partnership aims to enhance convenience and accessibility for clients, with future plans to collaborate with more partners. Daisy Tariro Dondo of Prevail Group Marketing expressed enthusiasm for the initiative, highlighting its potential to become a leading virtual bank and bill payments platform.
Auditor General flags loopholes within ZEC’s financial management systems
The Auditor-General's report reveals significant weaknesses in the Zimbabwe Electoral Commission's financial management, contributing to corruption scandals before the 2023 elections. The report criticizes the lack of financial expertise in ZEC's audit and risk committee, outdated accounting procedures, and questionable procurement practices, including inflated purchases. Recommendations include implementing robust financial policies and employing qualified personnel to enhance transparency and accountability.
Edgars Stores delists from ZSE, sets sights on VFEX bourse
Edgars Stores Limited, a leading clothing manufacturer and retailer in Zimbabwe, has delisted from the Zimbabwe Stock Exchange (ZSE) as of March 27, 2024, and plans to list on the Victoria Falls Stock Exchange (VFEX), which operates in US dollars. The move aims to leverage the stability and international reach of VFEX amid economic challenges, including high inflation and competition from the informal market. The transition follows a recent leadership overhaul and is seen as a strategic effort to navigate economic instability and enhance the company's long-term stability.
Insight: Inside Emmerson Mnangagwa’s plan to stay in power past 2028
President Emmerson Mnangagwa of Zimbabwe is reportedly planning to extend his second and final term by at least two years until 2030, bypassing the need for a constitutional amendment to abolish term limits. Instead of a public referendum, Mnangagwa aims to offer parliamentarians an extension of their terms to gain support for postponing the 2028 general elections. This strategy is seen as a way to maintain power and protect his associates' business interests. Mnangagwa's spokesman and Zanu PF's director of information have publicly denied plans for a third term. The campaign for Mnangagwa's extended term is expected to be funded by loyalists, including businessman Kudakwashe Tagwirei, despite his fallout with Vice President Constantino Chiwenga. The plan may face internal and regional opposition due to concerns over its destabilizing effects.
boss Chikunguru’s claims, vows legal action
The Zimbabwe Broadcasting Corporation (ZBC) has refuted claims by former CEO Adelaide Chikunguru that she was forced out due to rejecting sexual advances from Information Minister Jenfan Muswere. Chikunguru, who resigned amid allegations of misconduct, accused Muswere of vindictive actions. The ZBC board dismissed these allegations, asserting they harm the broadcaster's reputation and threatened legal action. The board emphasized the continuation of investigations into Chikunguru's conduct and demanded she pursue her claims legally. ZBC warned of seeking a court decree if Chikunguru fails to act on her legal threats within 48 hours.
US says eased sanctions an opportunity for Zimbabwe to reform
The US has narrowed sanctions on Zimbabwe to target 11 individuals and three entities responsible for corruption and human rights abuses, including President Emmerson Mnangagwa and his wife Auxillia. The move, under the Global Magnitsky Human Rights Accountability Act, is seen by US embassy officials as an opportunity for Zimbabwe to address these issues. The Zimbabwean government, however, views the sanctions as insufficient, demanding their complete removal. The US insists that the sanctions are not meant to be permanent and reflect the realities on the ground.
Mashamhanda in court bid to delay eviction from US$1,5 million mansion
Tendai Mashamhanda, a businessman from Harare, has filed an urgent application with the High Court to delay his eviction from a US$1.5 million mansion in the Highlands suburb. The eviction follows a Supreme Court ruling that he fraudulently purchased the property. Mashamhanda argues that the eviction notice violates constitutional protections against arbitrary eviction, as it does not consider the home status of the property or the family residing there. He has also filed an appeal against the High Court's judgment, which is set to be heard on the same day as the planned eviction.
Court sets date for Sikhala, Sithole violence incitement verdict as trial ends
Incarcerated former Zengeza West legislator Job Sikhala and his co-accused, Godfrey Sithole, will receive their verdict on January 24, 2024, for inciting public violence. Sikhala has been in pre-trial detention for nearly 600 days, while Sithole was released on bail. The case has drawn regional and international condemnation, with accusations of political persecution by the Zanu PF-led government. Justice Minister Ziyambi Ziyambi defended the judicial process, emphasizing the courts' independence and impartiality. The upcoming verdict is highly anticipated in legal and political circles.
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