馃嚳馃嚰ZimbabweSouthern Africa
Zimbabwean news highlights include political tensions, economic challenges, and business updates
via NewsDay Zimbabwe1 min read
Recent news from Zimbabwe covers a range of topics, including political developments such as a new party launched by ex-soldiers to challenge a presidential term extension, and concerns about a potential Zanu PF ambush towards a referendum. Economic news includes reports of the South African crisis spilling into Zimbabwe, Malawians being stranded in Harare, and Beitbridge being overwhelmed. Financial updates note ZMX seeing rising confidence with trades hitting US$1.28 million, and Tigere targeting US$100 million Net Asset Value in 2026 amid an acquisition push. Conversely, there are warnings that debt denial is bankrupting Zimbabwe's future, and power outages and raw material shortages are impacting ART operations, with the manufacturer reporting a decline in export and paper division volumes for the third quarter to June 2022. Other news includes allegations of an employer using informal channels to send money to South Africa, and the commissioning of a specialized honey testing laboratory to boost export competitiveness.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Must ReadZimbabwe is experiencing a range of significant issues, including political tensions at grasslands plots leading to violent attacks and forced evictions. There are concerns about Parliament being used as an "execution chamber" for the 2013 Constitution, and allegations of a former accountant's employer using informal channels to send money to South Africa. A new political party, formed by ex-soldiers, aims to challenge President ED's term extension. The country is also dealing with economic spillovers from South Africa, affecting Zimbabwe and leaving Malawians stranded in Harare, with Beitbridge overwhelmed. Amidst these challenges, the Zimbabwe Mercantile Exchange ZMX is seeing rising confidence with trades hitting US$1.28 million, and Tigere is targeting a US$100 million Net Asset Value by 2026 through acquisitions. Zimbabwe has also commissioned a specialized honey testing laboratory to boost export competitiveness. However, the country's future is reportedly being bankrupted by debt denial, and the stability of the Victoria Falls Stock Exchange VFEX is said to mask underlying value. There are also predictions that Zanu PF may ambush Zimbabwe towards a referendum.
There are increasing calls for enhanced international cooperation to combat the rising threat of terrorism, particularly across Africa. This development follows the adoption of the Ninth Review of the United Nations Global Counter-Terrorism Strategy GCTS during the 2026 United Nations Counter-Terrorism Week in New York. Major General Funnie Mutize, Director General of Zimbabwe鈥檚 national counter-terrorism centre, addressed the United Nations General Assembly, highlighting the GCTS as the cornerstone of global efforts against terrorism. He emphasized that the strategy serves as the sole internationally agreed blueprint for preventing and combating terrorism, providing a comprehensive framework for cooperation among Member States. Mutize expressed concern about the evolving nature of terrorist threats in Africa, noting that extremist groups are increasingly exploiting local grievances and operating with significant autonomy. He stressed that this evolving threat necessitates renewed commitment from the international community, as no single country can effectively combat terrorism in isolation. Mutize reiterated Zimbabwe鈥檚 dedication to the United Nations-led counter-terrorism agenda, affirming the country's commitment to working with other Member States to promote international peace and security. The adoption of the ninth review of the global counter-terrorism strategy reaffirms the international community鈥檚 commitment to strengthening global efforts against terrorism and resp
Must ReadZimbabwe's Senate recently debated the Constitution of Zimbabwe Amendment Bill No. 3 CAB3, with the government suspending its rules to extend the session. The Bill, which has already passed the National Assembly, is seen by some as a move to allow President Emmerson Mnangagwa to seek a third term. Zanu PF senators and traditional chiefs voiced strong support for CAB3, citing the need for "stability" and to achieve "Vision 2030," with some arguing that the current five-year term is too short for development projects. Chief Matsiwo called Justice minister Ziyambi Ziyambi an "angel" for introducing the Bill, while Chief Chinyanga declared President Mnangagwa鈥檚 "Vision 2030 is unstoppable." Women鈥檚 Affairs minister Monica Mutsvangwa supported extending the President's time, stating, "If it is not broken, do not fix it. Let him have more time driving this country to where it should be." Senator Sithabisiwe Moyo of the Citizens Coalition for Change CCC warned that the Bill is a "co-ordinated scheme" to consolidate power and remove accountability, stating, "That is how democracies die, not in a single moment, but through incremental extensions of power without accountability." Senator Sessel Zvidzai CCC criticized the government for not holding a national referendum, arguing that the Constitution belongs to the people. The Senate is expected to vote on CAB3 this week before it is sent to President Mnangagwa for his signature. The National Assembly passed the Bill with support from C