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US$2 000 limit now in effect for departing travelers

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BY WANDILE TSHUMA

Zimbabwe has introduced a new regulation that limits the amount of US dollars travelers can take out of the country.

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The new law, which was introduced by the Reserve Bank of Zimbabwe (RBZ) last month, reduces the maximum amount of US dollars that travelers can carry from US$10 000 to US$2 000.

This change is aimed at curbing the externalization of funds and maintaining foreign currency reserves, in an effort to stabilize the country’s economy.

The Bankers Association of Zimbabwe (BAZ) has warned that this restriction could disrupt the informal import trade sector, a key source of employment in Zimbabwe.

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Despite these concerns, the government has proceeded with the enactment of the new regulation, which has come into effect immediately.

Travelers departing Zimbabwe are now required to adhere to the US$2 000 limit without the need for further authorization, or risk penalties under the Exchange Control Regulations.

The new regulation is part of ongoing efforts to regulate currency flows and stabilize the country’s economy.

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It alters the rules governing currency export from Zimbabwe and sets new limits on the amount of both Zimbabwean currency and foreign currency travelers can carry without special authorization.

According to the amendment, the maximum amount of foreign currency that can be taken out of the country is now capped at US$2 000 or its equivalent in other currencies.

The BAZ has raised concerns about the potential economic impact of the regulation, warning that it could lead to a reduction in externalization of funds and disruption in informal import trade.

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National

Cyclone Chido moves away from Zimbabwe

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BY NOKUTHABA DLAMINI 

According to the latest updates from the SADC Humanitarian and Emergency Operations Centre (SHOC), Tropical Cyclone Chido has made landfall in Mozambique, approximately 35-40km south of Pemba, in Cabo Delgado Province.

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The intense tropical cyclone brought heavy rainfall and strong gusty winds of up to 220km/h, causing widespread destruction in Mozambique. The system is expected to continue tracking west-southwest towards Malawi, steadily dissipating.

Zimbabwe, which was initially predicted to be in the cyclone’s path, has been spared the worst of the storm.

However, neighboring countries, including Malawi, are expected to experience heavy rainfall and strong winds over the next 72 hours.

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The SHOC has issued a multi-hazard impact-based classification, warning of expected impacts, including strong gusts, heavy rainfall, and rough seas, in Mozambique, Malawi, and other parts of the region.

Member states have been urged to closely monitor official weather updates, intensify public awareness campaigns, and preposition relief supplies to enable a swift response to the cyclone’s impact.

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Senate passes death penalty abolition bill

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BY STAFF REPORTER 

The Zimbabwe Senate has passed the Death Penalty Abolition Bill, paving the way for the country to join the growing list of nations that have abolished capital punishment.

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The bill, which has already been approved by the National Assembly, will now be sent to the President for assent and subsequent publication in the Gazette as an Act.

The country has 62 convicted prisoners facing the death penalty.

Veritas has congratulated the Senators, Members of the National Assembly, the President, and the Minister of Justice, Legal and Parliamentary Affairs for their role in facilitating the bill’s passage through Parliament.

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Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi, who is also the Leader of Government Business in Parliament, defended the bill in the Senate, citing studies that show the death penalty has failed to deter crime.

He emphasized that the actual number of murders remained the same despite the death penalty’s existence, questioning its effectiveness as a deterrent.

Ziyambi also highlighted the bill’s potential to address the root causes of crime, which he believes the death penalty does not tackle. He pointed out the bias of the death penalty against poverty-stricken people, stating that history shows the majority of those executed are from disadvantaged backgrounds.

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Zimbabwe has been on a de facto moratorium on executions for about 17 years, with the last execution conducted in 2005.

 

 

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Cyclone Chido bears down on Zimbabwe, government issues warning

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BY NOKUTHABA DLAMINI 

A powerful tropical cyclone named Chido is moving menacingly towards Zimbabwe, prompting the government to issue a warning and advise residents to take necessary precautions.

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According to the Meteorological Services Department (MSD), Cyclone Chido has intensified into an intense tropical cyclone and is likely to affect Zimbabwe on December 17.

The storm is expected to bring heavy rains, thunderstorms, and strong winds to several provinces, including Manicaland, Masvingo, Mashonaland East and West, Harare Metropolitan, and parts of Midlands and Mashonaland West.

The MSD has warned of heavy rainfall exceeding 70mm in 24 hours in some areas, which could lead to floods, rockfalls, and mudflows.

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Residents have been advised to plan evacuation mechanisms, avoid open spaces, secure their homes from damaging winds, and stay informed through authentic updates from the MSD and the Department of Civil Protection (DCP).

The government has assured citizens that it is taking necessary precautions to mitigate the impact of the cyclone. The DCP is on high alert, and emergency services are ready to respond to any situations that may arise.

As Cyclone Chido bears down on Zimbabwe, residents are advised to remain calm but vigilant. The government’s warning and advisory come as a precautionary measure to ensure public safety and minimize damage.

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Stay tuned for further updates on Cyclone Chido and its impact on Zimbabwe.

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