The IMF team that is currently in Zimbabwe has warned that there are serious problems ahead due to currency and fiscal issues.
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Trending topics
1. Joel Gabbuza has received emergency surgery at Mpilo and is still in the intensive care.
2. Joseph Maruta, 40, collected US$181,000 in cash from a farm in Kwekwe where he had supplied potato seeds that day. He then went home to Kambuzuma, retrieved his pistol, and traveled to his girlfriend Leoba Hunda’s residence in Springvale, Ruwa. Carrying the bag with the cash and the loaded firearm, which had two magazines of 15 rounds each, he entered the house. His girlfriend locked the door, and they went to the bedroom to sleep. Around 2 a.m., Joseph heard an alarm, and his girlfriend checked, reporting that the alarm had gone off at a neighbor’s house. The next morning, Joseph discovered that the bag containing the cash and firearm was missing. Harare provincial police spokesperson Inspector Luckmore Chakanza confirmed that police are investigating an unlawful entry and theft case in Ruwa, noting that the complainant’s rear windscreen was damaged and that he lost his firearm along with a total of US$184,900.
Business
1. Nthabeleng Likotsi is under investigation by the South African Reserve Bank due to allegations that she may have provided false or misleading information during the application process for YWBN Mutual Bank’s registration. This investigation follows a failed R9 million deal between AFRIBIZ Financial Services and YWBN, where AFRIBIZ paid for a 26% stake in the bank but did not receive the promised shares due to YWBN allegedly failing to meet key regulatory requirements. Instead of issuing the shares, YWBN offered AFRIBIZ only 2% in a “full and final settlement,” which AFRIBIZ rejected, insisting on receiving the full stake they paid for. The Reserve Bank is reviewing whether Likotsi or anyone at YWBN knowingly gave untrue information as part of the bank registration, which is a criminal offense under the Mutual Banks Act.
2. Hellen Zille considering offers to be Joburg Mayor. Zille wants to discuss the decision with her family before making a final commitment. The Democratic Alliance (DA) is driving the initiative to have her as their candidate, hoping her leadership could turn Johannesburg into a symbol of effective governance and improve the DA’s standing ahead of the 2029 general election. The next mayoral election for Johannesburg will coincide with the 2025 municipal elections, expected to be held sometime in the second half of 2025
Africa
1. Majority of $200 Billion Pledge Directed to Africa: Gates announced that most of the $200 billion he plans to give away over the next 20 years will be spent on Africa, focusing on improving health and education systems across the continent. Gates urged young African innovators to harness Artificial Intelligence (AI) to advance healthcare and other sectors, citing examples like AI-powered ultrasound technology in Rwanda for detecting high-risk pregnancies. Foundation’s Planned Wind-Down by 2045: Gates reiterated his plan to donate 99% of his wealth by 2045, at which point the Gates Foundation will cease operations.
2. Bukina Faso is trending form a crackdown on journalists and activists. The government has been actively suppressing dissent on social media by targeting posts it deems as inciting terrorism or spreading false information, leading to arrests and intimidation of journalists and activists. This has sparked widespread discussion and concern about press freedom and the country’s deteriorating security situation, with many users highlighting the junta’s efforts to control the narrative and silence opposition.
3. Deputy President Paul Mashatile is under fire for spending R2.3 million in taxpayer funds on a four-day trip to Japan in March 2025, accompanied by his wife, Humile Mashatile.
International
1. Nomzamo Mbatha MC for Gates foundation function at the United Nations. https://youtu.be/0gqzXC-X7pc
Community
Notes
1. Bill Gates speaks on Zimbabwe. https://youtu.be/0gqzXC-X7pc?t=3945
