news and current affairs.
Harare Woman Wins Protection Order Against Ex
Beatrice Chiyadzwa ran to the Civil Court seeking protection from her dangerous ex-husband. She told the court about the constant threats and harassment after ending her marriage. Naboth Kuchitumu allegedly stalked her at work and her new home. He shouted insults and caused public disturbances wherever he found her. Her fear and desperation drove her to seek legal intervention. The traumatized woman claimed her ex-husband sold her blankets and groceries after leaving her with nothing. He reportedly threatened her life and demanded she return to the marriage. Beatrice became emotional during her testimony and feared revealing her home address. She worried Kuchitumu would hunt her down and cause her harm. Her testimony painted a picture...
New rules put data controllers on the hook
Businesses and organizations need to understand their responsibilities under Zimbabwe's new data protection rules. Companies controlling personal information must follow strict guidelines from the Cyber and Data Protection Act. The regulations define key terms like data controllers and data subjects. Organizations collecting data must protect people's personal information carefully. They have clear legal obligations for handling sensitive details. Data controllers must keep their data protection officers trained and certified. They need to tell the national regulator about all data processing activities. Companies cannot make automated decisions about people without their consent. They must safeguard personal information with strong...
South Africa Faces Higher Costs on Foreign Debt Plan
South Africa faces potential higher foreign debt costs after Trump announced tariffs on trading partners. The move triggered a selloff of riskier financial assets across global markets. Investors started demanding higher premiums for holding South African dollar bonds compared to US Treasury securities. The country's sovereign spread jumped to its highest point in nearly two years. Market conditions became increasingly challenging for international borrowing. The National Treasury originally planned to raise $14.6 billion over three years through multilateral development banks and international financial institutions. Raising money offshore seems complicated because market volatility has increased dramatically. Investors have become...
Empower Bank Gets Green Light to Attract Big Investors
Zimbabwe's Finance Minister Mthuli Ncube gave Empower Bank a special boost. He granted the bank-prescribed asset status to help young entrepreneurs access more money. The move lets pension funds and other investors team up with the bank more easily. Empower Bank focuses on supporting youth-led businesses across urban, rural, and peri-urban areas. Their goal centers on creating jobs and helping small businesses grow. The youth-focused bank offers various financial services, such as loans for agricultural projects and asset financing. President Mnangagwa launched the bank as part of a bigger plan to support young people. The ministry allocated Zimbabwe Gold (ZiG) 1 billion for 2025, with ZiG 200 million earmarked for vocational training...
Assassin's Creed Shadows Gets PS5 Pro PSSR, New Features
Players diving into Assassin's Creed Shadows will find a fresh update waiting on their screens. The game's latest patch brings cool new features for PlayStation 5 Pro users. Game developers added PSSR, an AI-powered upscaler that makes graphics look sharper and cleaner. Players can turn on the feature through the video settings menu. The update automatically activates for first-time PS5 Pro players. Gamers will notice some neat gameplay improvements beyond graphics upgrades. Horse riding feels smoother with an auto-follow feature that helps players navigate terrain. Players can reset Master Nodes directly from the menu without extra steps. Selling and breaking down multiple items happens faster than before. The patch lets PC players...
Banks Turn to Credit Lines to Power Key Sectors
Local banks are hunting down millions of dollars to support Zimbabwe's struggling economy. They're pulling money from offshore credit lines to help businesses keep running. Old Mutual Zimbabwe grabbed 160 million US dollars through its CABS bank. CBZ Bank snagged 93 million dollars, and NMB Bank is working on securing 100 million more for 2025. Bank leaders explain they're scrambling for cash because local deposits aren't growing. The total market deposits hover around 3 to 3.5 billion US dollars. These credit lines come with a price tag of about 10 percent interest. Banks aren't making huge profits but want to keep economic activity flowing. They're basically throwing financial lifelines to struggling businesses. Different sectors...
Tobacco Funding Surge Masks Offshore Capital Influence
Banks poured over 600 million US dollars into Zimbabwe's tobacco sector for the 2024/25 season. Stanbic Bank led the pack with a massive 415 million dollar contribution. Other major banks like CABS and CBZ also chipped in significant amounts to support farmers growing the country's second-largest export crop. Most tobacco funding happens through merchants who take big risks lending to farmers. Banks hesitate to loan money directly because farmers lack traditional collateral. Merchants step up as middlemen, providing seeds, fertilizer, and chemical supplies to growers through complex contracting systems. Analysts suspect some local bank funding might actually come from international sources. Foreign-owned banks like Stanbic and CABS...
Talent Rusere Trial Set for April 11 Over Incitement, Immigration
An activist named Talent Rusere landed in legal hot water after authorities accused him of breaking immigration rules and potentially stirring up trouble. A Harare court marked April 11 as the day his trial would begin. Prosecutors claimed Rusere skipped out of Zimbabwe without proper paperwork and somehow made his way to Botswana illegally. Border officials caught him and sent him back through the Ramokgebane Border Post after he failed to show any valid travel documents. Law enforcement pinned multiple charges on Rusere involving digital communication and potential incitement of violence. They said he created and shared video messages designed to spark trouble across Zimbabwe and the Southern African Development Community region. The...
Musengezi in Court Over Alleged Assault at Presser
Darkness wrapped around Chimani Tsambola like a heavy blanket that October night. He burned with anger at Portia Masaiti for leaving him. Their marriage crumbled under constant fights and ugly suspicions. Portia escaped to a small kitchen on a nearby farm with her children. She wanted peace away from Chimani's controlling behavior. He carried an iron bar through the quiet night. Rage boiled inside him as he walked toward her hideout. The farmhouse stood silent under the starlight. Chimani burst through the door without warning. Portia knew something terrible would happen. He attacked her with brutal force. Each swing of the iron bar screamed his pain and fury. Blood splattered across walls like a horrible painting. Portia fell...
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