news and current affairs.
Wheat Planting Frenzy Aims for 600K Tonnes
Farmers across Zimbabwe have begun planting wheat as summer crop harvests finish up. The nation wants to grow 600,000 tonnes of wheat this season. Early planters hope to use the full winter growing window for timely harvests before rains start. Some farmers face problems finding equipment for field preparation. The Agricultural Finance Corporation and the Agricultural Rural Development Authority offer tillage services, but cannot meet all farmers' needs. Electric companies promised steady power for irrigation systems. Input suppliers have seeds, fertilizers, and chemicals ready. Late payments from the Grain Marketing Board limit some farmers' ability to buy supplies. Zimbabwe National Farmers Union leader Monica Chinamasa said recent...
Ghanas Bank Tames Crypto Wild West
Ghana plans to start a special unit for crypto rules soon. The central bank aims to make the digital money world safer for people. Bank of Ghana head Dr Johnson Asiama shared this news at a meeting in Washington, DC. He told leaders the bank will create clear guidelines once lawmakers pass the Virtual Asset Providers Act. This new law will let them control who can run crypto platforms in the country. Africa has seen more countries trying to make rules for digital money lately. The Bank of Ghana wants to protect users from scams through better oversight. Before this plan, they warned people that digital assets were not legal money in Ghana. They worried about fraud risks when nobody watched these markets. The bank stressed that...
IMF Warns Debt Tsunami to Engulf Global Economy
The International Monetary Fund says world governments will borrow much more money this year as trade fights started by America slow economic growth. Because of these tensions, money markets will see more ups and downs. The IMF predicts that public debt will jump 2.8 percentage points this year. This increase is more than double what experts thought would happen in 2024. Global government debt will rise above 95 percent of what all countries produce together. The report from the Washington group came out on Wednesday. "This upward trend will likely continue, with public debt nearing 100 percent of GDP before 2030, going higher than pandemic levels," the IMF stated. Leaders around the world face tough choices between cutting back...
Scottland Season Derailed by Executive Feud
The dream start for Premier Soccer League newcomers Scottland has turned sour fast. Behind their flashy signings lies a club in deep trouble with executive meddling, upset players, contract issues, and staff walking away. Club founder Pedzai "Scott" Sakupwanya is at the center of problems many insiders claim have been brewing for months. Despite having stars like Soccer Star of the Year Walter Musona and Warriors forward Khama Billiat, the team has shown poor results. After losing to Ngezi Platinum Stars, Sakupwanya publicly questioned how his team lost with stars "in every position." Sources say the coach faces pressure to play favorites picked directly by Sakupwanya instead of making his tactical choices. Players report low spirits...
Cottco Cotton Pickup Frenzy Sees 60K Tonnes
Cotton picking has started across Zimbabwe as Cottco ramps up its operations for the upcoming marketing season. The company works to pay farmers money owed from last season and hires trucks to move the harvest. Cottco acting head Rockie Mutenha said they contracted over 109,000 hectares and expect at least 60,000 tonnes of seed cotton. He urged farmers who need picking bags or woolpacks to visit their local business units. The marketing season will begin in just a few weeks. Cottco has asked truck companies to sign up for its transport database. They need vehicles that can carry seven to 30 tonnes to move cotton bales from collection points to processing centers in Chinhoyi, Chiredzi, Gokwe, Kadoma, Sanyati, and Muzarabani. Interested...
28 Hopefuls Scramble for 8 Labour Court Judge Seats
The Judicial Services Commission says 28 people will move forward to final interviews for eight Labor Court judge jobs. They picked these candidates from 44 people who first applied last week in Harare. The JSC will soon invite these finalists to complete the next steps. The JSC manages judicial appointments with strict attention to legal rules. It follows Zimbabwe's Constitution and the 2012 Judicial Service Code of Ethics, ensuring fairness and openness. The candidates moving ahead are Innocent Bepura, Chipo Bhebhe, Estere Chivasa, Marko Tafirenyika Chiwaridzo, Martin Ray Gapara, Tinevimbo Gatawa, Evidence Gonesi, Mary-Grace Nyarai Hare, Thompson Hove, Motion Jaravani, Naison Machingauta, Bianca Makwande, Taurai Manwere, Edward...
Padenga Goes All In on Gold Bonanza
Padenga Holdings invests in mine projects as gold prices climb to record highs. The company spends millions to expand underground mines, build solar power stations, and search for more gold resources, all of which help it make more money from rising gold prices. Since 2022, Padenga has invested $44 million in the Pickstone underground mine, with $13 million planned for 2025. The deeper mine shafts will reach better gold starting in 2026, just when experts predict gold might sell for $4,000 per ounce. The company also builds solar power plants at its mines to cut energy costs. Energy makes up 25 percent of mining expenses, making these solar plants very important for profits. Padenga sets aside $3.8 million this year for drilling to...
Zimbabwe Govt Dumps Cyber Fakes in Media Clash
Zimbabwe wants ideas from everyone to improve its media rules. Information Minister Dr Jenfan Muswere spoke at a trade fair meeting yesterday. He said changes to media laws will not silence reporters. The government needs help distinguishing real journalists from fake ones. They want rules that protect both free speech and personal privacy. The minister explained that media freedom exists in the constitution, but it cannot harm other people's rights or dignity. He asked how we can separate cyber terrorists from real news writers. Muswere wants reporters who share positive stories about Zimbabwe. His team supports media that helps build up the nation with truthful information. Deputy Minister Dr Omphile Marupi joined the conversation...
China Says Trade Wars Hurt Us All
Ambassador Zhou Ding said China stands strong for fair global trade rules during a research meeting at Zimbabwe's trade fair. He believes trade wars hurt everyone worldwide. His comments come after President Trump imposed heavy taxes on goods from many countries. Money experts worry that these taxes create uncertainty for businesses everywhere. Trump stopped some higher taxes for 90 days but kept strict rules against China. He kept a general 10 percent tax on all imports. The US plans an 18 percent tax on Zimbabwe products starting next April unless changes happen. Zimbabwe sold almost $68 million worth of goods to America last year. Some large banks expect economic troubles in Mexico and Canada because of these trade fights. Chinese...
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