Latest news and articles about Zimbabwe from NEX English
Zimbabwe's state-owned sovereign wealth fund, Mutapa Investment Fund Ltd, has announced plans to raise $250 million to enhance gold mining operations in the country. This initiative is part of the government's efforts to boost production and achieve sustainable economic growth.
Zimbabwe has announced the initiation of trials to blend ethanol with diesel in response to rising fuel costs driven by conflicts in the Middle East. The country's Energy Minister highlighted the aim of reducing reliance on imported fuel, which has seen significant price increases recently.
The Deputy Minister of Finance in Zimbabwe confirmed that gold trade continues to flow steadily through the Middle East, despite ongoing conflicts in the region. This situation reflects Zimbabwe's ability to maintain stable trade under challenging conditions.
Zimbabwe has initiated public hearings across the country regarding a proposed constitutional amendment that could extend President Emmerson Mnangagwa's term. Supporters argue that these changes will enhance stability, while critics warn they threaten democratic gains.
Chaos erupted during a hearing in Zimbabwe regarding a proposal to extend the current president's term, raising widespread concerns about political stability in the country. The session, aimed at discussing controversial constitutional amendments, ended abruptly due to heated exchanges among lawmakers.
The Confucius Institute at the University of Zimbabwe hosted the third edition of the Chinese Character Champions Contest in Harare last Friday. This event aims to enhance Chinese language skills among learners, reflecting the growing interest in the language in Zimbabwe.
Reports indicate that Zimbabwe's key gold exports are facing increasing risks due to escalating conflict in the Middle East. Business groups warn of potential negative impacts on the local economy.
Authorities in Zimbabwe have arrested former minister and opposition leader Tendai Biti while he was organizing a protest against a constitutional amendment that seeks to extend President Emmerson Mnangagwa's term by two additional years.