Africa In The News South Africa

Mboweni calls for end to Zim sanctions

JOHANNESBURG, January 16 – Finance minister Tito Mboweni said on Wednesday that Zimbabwe should look at introducing a new currency to counter its economic and financial challenges and also called for political leadership to intervene in ending sanctions in the troubled SADC country. Mboweni said that South African government representatives, including National Treasury director-general and […]

Africa In The News

Australian exploration firm puts damper on Zimbabwe oil find

HARARE, November 2 – A day after Zimbabwe’s cash strapped government announced a possible life line, Invictus, the Australian company prospecting for oil in Muzarabani, denied it had found any oil deposits. On Thursday Zimbabwe President Emmerson Mnangagwa announced that Australian Securities Exchange (ASX) listed entity Invictus Energy (IVZ), had discovered oil and gas deposits […]

Africa In The News

Zimbabwe’s MDC Alliance promises action against president Mnangagwa’s government

HARARE, October 28 – Zimbabwe’s opposition MDC Alliance president Nelson Chamisa on Saturday promised unspecified action against President Emmerson Mnangagwa’s government as his party prepares to “take back our electoral victory”. Addressing thousands of party faithful at a packed football stadium in Harare to celebrate the party’s 19th anniversary Chamisa said, “We won the elections […]