Kelsea Tadiwa Tafirenyika and co-accused Isaac Arab Jessub were granted USD1,000 bail on Thursday. Justice Pisirayi Kwenda set aside a previous magistrate's decision to keep the drug-dealing suspects in custody.
Why it mattersThe ruling allows the suspects to remain out of prison while awaiting trial.
The Reserve Bank of Zimbabwe rejected calls to reduce the 30% export surrender threshold in its mid-term monetary policy statement released Thursday. The central bank stated the policy is necessary for price and exchange rate stability.
Why it mattersExporters must continue converting nearly one-third of their foreign currency earnings into local currency.
The Reserve Bank of Zimbabwe added approximately ZiG600 million to the economy during the first half of 2026. The move aims to increase the use of the local currency.
Why it mattersThe injection is intended to ease cash-related challenges for businesses and consumers.
The government introduced a medicine tracking system to prevent the theft of drugs from public hospitals. Deputy Health Minister Sleiman Kwidini said employees have been stealing medication for resale in private pharmacies.
Why it mattersThe system aims to ensure medications intended for public patients reach their destination rather than being diverted to the private market.
Contractors are pursuing private consultants to recover outstanding state payments estimated by the Auditor-General at ZiG250 billion. The move follows a government backlash against the use of such consultants.
Why it mattersFirms are attempting to resolve deepening cash-flow problems caused by the unpaid state debts.