Earlier this week, the Grain Millers Association of Zimbabwe's (GMAZ) general manager Lynette Veremu wrote a letter to the National Bakers Association of Zimbabwe (NBAZ) instructing it not to pay for 55 000 tons of wheat in warehouses in Mozambique and Harare, according to NewsDay.
Two streets in the capital city of Harare and the second-largest city, Bulawayo, are named after him.
Harare (Reuters) - Zimbabwe scrapped the peg between its quasi-currency bond note and the U.S dollar on Wednesday, its central bank governor said, potentially paving the way for its official currency exchange rate to slide sharply to match its value on the streets.
Harare - He was pushed out of power 15 months ago but on Thursday Zimbabwe marks Robert Mugabe’s 95th birthday with a public holiday and some questions.
Ashok Chakravati, an economist in Harare, said the monetary policy was a “courageous move” by the central bank.
A man counts bond notes at a vegetable market in Harare.
A petrol attendant counts bond notes at a filling station in Harare, Zimbabwe, January 28, 2019, REUTERS/Philimon Bulawayo JOHANNESBURG (Reuters) - Zimbabwe on Wednesday abandoned a peg that was supposed to ensure its quasi-currency bond note would trade at parity with the U.S. dollar, Central Bank Governor John Mangudya said.
Harare, Zimbabwe | AFP | While it’s unlikely that many Zimbabweans yearn for former ruler Robert Mugabe’s return, the occasion of his 95th birthday on Thursday has led some to see him in a softer light.
If he didn't care, at least he pretended to," Harare resident Anita Mugombedzi told AFP.
Harare While it's unlikely that many Zimbabweans yearn for former ruler Robert Mugabe's return, the occasion of his 95th birthday on Thursday has led some to see him in a softer light.