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By Staff Reporter

CALLS are growing louder for a constitutional amendment to allow for diaspora vote ahead of next year’s general elections.

Former Ntabazinduna Chief, Nhlanhlayamangwe Ndiweni, added his influential voice to the calls saying unless the more than five million Zimbabweans domiciled in the diaspora are allowed to vote, the election would be a nullity.

UK correspondent

UK Chancellor of the Exchequer, Rishi Sunak has welcomed the appointment of Zimbabwe-born Marjorie Ngwenya as an external member of the Bank of England’s Prudential Regulation Committee (PRC).

The committee supervises the conduct of banks, insurers and major investment firms.

Ngwenya, a former president of the UK Institute and Faculty of Actuaries, will take over from Norval Bryson as an external member of the committee from Sept. 5, the finance ministry said in a statement.

Sunak confirmed the appointment last Thursday.

By Alois Vinga

THE Zimbabwe Congress of Trade Unions (ZCTU) have criticised Finance and Economic development minister Mthuli Ncube for pursuing economic policies which have worsened the plight of workers and ordinary citizens since his appointment back in 2018.

The conglomeration of trade unions raised concerns over the galloping inflation, which rose to 131,7% as at May 2022, becoming the second highest inflation rate on the African continent.

This correspondingly resulted in prices for basic goods and services rocketing.

By PA News Agency

• Derek Chisora vows to knock out Kubrat Pulev in their July heavyweight bout 
• Chisora has lost his three previous fights, Pulev has lost only twice in 31 fights
• Both huddled with Eddie Hearn and put pride on the line by making a secret bet 

LONDON: Derek Chisora has promised to entertain when he takes on Kubrat Pulev at the O2 next month after he insisted the hunger to continue boxing remains there.

By citizen.co.za

AMID strong allegations of police complicity, the fresh outbreak of xenophobic violence against Zimbabwean foreign nationals in a usually tranquil rural My Darling village in Limpopo has pitted a Hawks captain against an South African Police Service (Saps) station commander, with the local Saps most senior officer supporting villagers.

By Alois Vinga

LISTED cement manufacturer, Lafarge Cement Zimbabwe (LACZ) has entered into a binding agreement for the disposal of its 76,45% stake to Fossil Mines Private Limited.

The development follows months of negotiations with different suitors who were bidding to acquire the stake.

By MailOnline.co.uk

By BloombergNews

HARARE: Zimbabwe’s central bank has ruled out a return to using the US dollar as official currency because there’s not enough greenbacks in the country.

The financial system is still dominated by the local unit, Governor John Mangudya said in a monetary policy statement released Monday. The Zimbabwean dollar, reintroduced three years ago, accounts for 56% of bank deposits with the balance made up of foreign currency, “which shows that there is no sufficient foreign currency liquidity to support dollarisation in Zimbabwe,” he said.

By Reuters

NAMIBIA aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell (SHEL.L), a senior energy official told Reuters on Monday.

Shell on Friday said the exploration well off the coast of the southern African country had shown “encouraging” results with the presence of a working petroleum system with light oil.

Agencies

KNOXVILLE, Tennessee — Elizabeth Nyamayaro, “the mastermind behind [the]HeForShe [movement],” shares her inspiring story in her memoir “I Am a Girl from Africa”.

She describes how she rose out of poverty, then uplifted others to create a more equitable world. She is known as the brains behind this “United Nations global solidarity movement for gender equality” because of her vision to involve men in the conversation on gender equality.