news and current affairs.
SA Nationals Rot in Zim Prison Hell
South African citizens remain locked up at Harare Remand Prison after breaking Zimbabwe immigration laws. The Zimbabwe Human Rights Commission found 66 foreign nationals from different countries inside the prison facility. Six South African men received approval for deportation back home through diplomatic channels. Three other South African men face armed robbery charges and will appear before magistrates during June court sessions. One South African woman already received a 10-year sentence for drug dealing crimes. Commission chairperson Jessie Majome visited the prison and discovered overcrowding problems among male prisoners. The women's prison section holds better conditions with less crowding issues. Two South African women await...
Stanbic Bank Snags Zimbabwes Hottest Brand
Global Brands Magazine named Stanbic Bank Zimbabwe the best banking brand during their 12th annual awards ceremony. The world-famous publication recognizes companies that lead their industries with great service and clear vision. External research teams studied all nominees before making their final choices. The magazine praised Stanbic Bank for innovation, quality, customer care and strong performance across Zimbabwe. This award joins many other honors the bank has won over recent years. Stanbic Bank earned the title of best performing bank at the 2024 Banks and Banking Survey Awards. The Banker magazine from London also chose them as Bank of the Year for 2024. Chief Executive Solomon Nyanhongo received CEO of the year awards at the...
AfDB Mega Cash Splash Fuels Zim Boom
Zimbabwe and the African Development Bank finished their 2025 Country Portfolio Performance Review workshop during May 12-13 meetings held at Harare. Private sector voices joined government officials and development partners for the first time during these discussions. The workshop aimed to check how well the Bank operates within Zimbabwe and create future plans. Belinda Chesire spoke for Country Manager Moono Mupotola about building solutions together and sharing knowledge. The review marked the first assessment under the Bank's 2024-2026 Country Brief. The Bank manages a $137 million portfolio that covers public sector work like governance, social development, agriculture, energy and emergency response. Private sector efforts brought...
Zimbabwe MP Scores Over 4 Million US in Gold Bonus
Social media users questioned a $4.2 million payment to Betterbrands Petroleum for gold incentives. The government pays a 5% bonus to companies that deliver gold through official channels. This policy helps stop gold smuggling to South Africa and other countries. Small miners can earn extra money when they sell gold legally. The program encourages people to use proper channels instead of illegal ones. Betterbrands supplies huge amounts of gold to Zimbabwe each month. The company brings between $200 million and $300 million worth of gold monthly. Over several years, Betterbrands delivered 60 tonnes of gold worth more than $6 billion. Finance officials must pay incentives to all companies that deliver gold legally. Many other businesses...
Young Zimbabwe Cannot Find Net in COSAFA Stalemate
Zimbabwe played Mauritius at Toyota Stadium and finished with no goals scored. The match happened Wednesday during the 2025 COSAFA Cup Group A games. Both teams worked hard but could not find the back of the net. Mauritius started strong and controlled the ball early. They missed two good chances to score first. Zimbabwe found their rhythm after ten minutes of play. Tinotenda Meke shot the ball over the goal from close range. Kennedy Mupomba also tried but missed the target. The game moved to midfield action with few exciting moments. Mauritius kept pushing forward but Zimbabwe defended well. The first half saw Zimbabwe take control of the game pace. Meke had another shot that deflected off a defender for a corner kick. Arter Kaseke...
Zims Baby Warriors Ready to Crush COSAFA
Simon Marange will lead Zimbabwe's team at the 2025 COSAFA Cup tournament. He coaches the Warriors as a stand-in because Michael Nees cannot attend. Marange picked mostly young players under 20 years old for his squad. The team also has a few older players like goalkeeper Martin Mapisa and Andrew Mbeba. The average age across all players is 21 years old. The Warriors play their first match against Mauritius on Wednesday at 6 PM CAT. Marange wants to help young players grow and learn how to compete. He believes giving them chances helps them move forward with their careers. The coach thinks these players can join teams around the world if they perform well. This tournament gives them a chance to show what they can do. Marange said the...
Huawei's AI Chip Dreams Hit Brick Wall
Huawei wants Chinese companies to buy their artificial intelligence chips instead of NVIDIA products. Major tech firms like ByteDance, Alibaba, and Tencent refuse to purchase large amounts of Huawei Ascend 910C processors. State companies and local governments receive most orders since private businesses avoid the domestic alternative. Chinese tech giants invested heavily in NVIDIA CUDA software systems over many years. These companies expect Huawei to adapt to their existing platforms rather than switching systems. Huawei faces several problems that hurt sales across China's technology sector. The company competes directly against potential customers who run major internet services. Their AI chips overheat regularly which damages...
AMD's RX 9060 XT Skyrockets FSR4 Game Count
AMD released new Adrenalin Software version 25.6.1 that supports their latest graphics card models. The Radeon RX 9060 XT graphics card works with the updated drivers after launching yesterday. Computer users can control the new GPU through better software tools and improved compatibility features. The company also added support for their Radeon AI Pro R9700 workstation graphics card. This professional card uses RDNA 4 technology with 32 gigabytes of memory for demanding work tasks. Fourteen new video games can use AMD FidelityFX Super Resolution 4 technology to improve graphics performance. Popular titles like F1 25, Star Wars Outlaws, and Stellar Blade join the compatibility list for gamers. The total number of FSR 4 supported games...
TSMC To Print Money With AI Chips Says Goldman
Goldman Sachs believes Taiwan Semiconductor Manufacturing Company will benefit from strong artificial intelligence demand. The investment bank expects server makers to order more chips as they improve production quality. Better manufacturing processes help companies build more computers faster. TSMC makes advanced processors for artificial intelligence systems around the world. Downstream companies handle final assembly and shipping of finished products. The Taiwanese chipmaker plans to spend $40 billion on new equipment during 2026 according to Goldman estimates. Market analysts previously predicted $45 billion in capital expenses for that year. Second-generation 2-nanometer chips might face slower adoption rates across different...
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