CATEGORY I :      Illicit Financial Flows – Funds Externalised through Non Repatriation Of Export Proceeds Name of Exporter Sector Amount (USD) 1.              African Associated Mines Mining 62,049,622 2.              Marange Resources Mining 54,238,249 3.              Canadile Miners Mining 31,350,554 4.              Mbada Diamonds Mining 14,764,060 5.              Jinan Mining Mining 11,072,668 6.              Gold Driven Tobacco Tobacco 10,622,789 7.              Insing Investments Agriculture 10,187,158 8.              Allied Timbers Zimbabwe Agriculture 4,336,765 9.              Pacific Cigarette Company Tobacco 4,122,966 10.           P T Royal Ostrindo Zimbabwe Manufacturing 2,784,459 11.           Pan African Mining Mining 2,659,335 12.           Turnall Manufacturing 2,379,579 13.          ...
Harare - Police in Zimbabwe have arrested at least 79 vendors during a massive operation aimed at cleaning up the capital's central business district since Thursday, police have confirmed. Faced with an ailing economy, inflation, cash shortages an youth unemployment nearing 98%, urban youths have been forced into informal vending in...
Harare – Bakers have agreed to reduce the price of a loaf of bread back to between 90cents and a dollar (USD) just days after announcing an increase and after government intervention. Bakers effected an 11 percent hike on the price of bread at the weekend, citing an increase in production...
Harare - Zimbabwe's under-siege and under-fire former Vice President Emmerson Mnangagwa is safe, sound and in good health at his Harare home, contrary to reports that he has fled. Khuluma Afrika independently confirmed via impeccable sources that Mnangagwa spent the rest of the day yesterday and the night at his Chisipite...
Harare - Civil rights activist and socialite Wellence Mujuru is the target of a massive online smear campaign Khuluma Afrika has learnt. Wellence Mujuru, largely referred to as Joice Mujuru's son is a vocal socialite and online activist in Zimbabwe, who has drawn the ire of several heavyweights in the country's...
The Reserve Bank of Zimbabwe (RBZ) says it has written to international exchanges requesting them to officially recognise the Zimbabwe dollar as a tradeable currency. The reintroduction of the local currency as the sole legal tender in the country has so far received mixed feelings. “We have sent messages to international...
NINE of Zanu-PF’s ten provinces have endorsed the sacking of the former Vice President Cde Emmerson Mnangagwa as the axe hangs over his allies accused of fanning factionalism in aid of his ambition to succeed President Mugabe. President Mugabe on Monday fired Cde Mnangagwa with immediate effect over allegations of,...
MDC-T Vice President Elias Mudzuri is in the control seat of the party after he was appointed interim President to run the show as Morgan Tsvangirayi rests with hope of recuperation. He gained advantage in the succession race when the Tsvangirayi family released a statement anointing him as the only...
Daniela Allen, Genius ‘Ginimbi’ Kadungure’s ex-girlfriend set social media ablaze a few days ago with nude pictures of business mogul Zodwa Mkandla It was a form of revenge after Zodwa allegedly recently wrecked her affair with a married Harare businessman (name withheld). She allegedly told the businessman’s wife about the affair and...
Zimbabwe has not had its own independent currency since hyperinflation wiped it out a decade ago. Instead it has relied on the US dollar along with a local money system pegged to the dollar. The economy is no longer in its extreme inflationary spiral, but the country has continued...
Guest Column by Zimbabwe's President, Emmerson D Mnangagwa (Originally published on New York Times HARARE, Zimbabwe — In November, the Zimbabwean people, led by our youth, went to the streets peacefully and joyfully, determined to have their voices heard. They called for freedom, progress and a new way of doing...