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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

30 killed in Easter road crashes as pedestrians bear the brunt

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BY WANDILE TSHUMA 

The Zimbabwe Republic Police has reported a worrying rise in road fatalities during the 2026 Easter holiday, despite a decline in the total number of accidents.

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According to the police, 30 people were killed in road traffic accidents during the holiday period, up from 24 deaths recorded in 2025. However, the total number of accidents dropped from 384 in 2025 to 337 in 2026, while injuries also decreased significantly from 178 to 104. 

Police said 22 of the recorded accidents were fatal, compared to 21 during the same period last year. 

Pedestrians most affected

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Pedestrians accounted for the majority of fatalities, making up 63% of the deaths (19 people). Passengers were the second most affected group with seven deaths (23%), followed by drivers with three (10%), while one rider (3%) was killed. 

Speeding, overtaking blamed

Authorities identified speeding as the leading cause of accidents during the period, with many drivers losing control of their vehicles. Unsafe overtaking was also cited as a major contributor to head-on collisions. 

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Deadly incidents recorded

One of the most tragic incidents occurred on 2 April 2026, when six family members died after a head-on collision between a Toyota Corolla and a truck along the Harare–Masvingo Road. 

In another traffic accident , seven people were killed and four injured on 3 April 2026 at the 51km peg along the Bulawayo–Beitbridge Road. A truck rammed into three vehicles — a Nissan March, Toyota Probox and Toyota Hiace — before striking pedestrians who had gathered at the scene. 

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Police warning

The police have urged motorists to exercise caution, obey traffic laws and avoid speeding, especially during peak travel periods. Drivers involved in accidents are also being reminded to stop, render assistance and report incidents.

 

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Econet InfraCo targets ultra-luxury market with Vic Falls resort

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BY STAFF REPORTER 

Econet InfraCo has unveiled plans for a multimillion-dollar luxury resort in Victoria Falls, marking a strategic push by the billion-dollar infrastructure platform into high-end tourism.

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The development, branded Vic Falls Lifestyle, will feature 40 luxury residential villas supported by premium amenities, including restaurants, wellness centres and sports facilities.

Chief executive Fayaz King described the project as a landmark for Zimbabwe’s luxury tourism segment.
“These will be among the most exclusive residential properties ever developed in Zimbabwe, designed to meet top-tier international hospitality standards comparable to presidential suites in leading global hotels,” he said.

The project aims to reposition Victoria Falls as a destination for affluent global travellers seeking privacy, exclusivity and fully integrated services.
Recently listed on the Victoria Falls Stock Exchange with a valuation of about US$1 billion, Econet InfraCo said the resort will include a 24-hour, 10-bed private hospital offering emergency and dental services—an amenity tailored to high-net-worth clientele.
Security and privacy will be central to the offering, with the gated development providing round-the-clock protection for residents and guests.

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Under the investment model, buyers will own individual villas but will be required to place them in a rental pool for up to 11 months a year, balancing personal use with income generation.

“Victoria Falls needs developments of this calibre to attract visitors who not only spend, but invest,” King said.

Econet founder and group chairman Strive Masiyiwa played an advisory role in shaping the concept and is expected to be among the property owners.
The company said the project has already drawn interest from local and diaspora investors, as well as international buyers.

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Land has been secured, planning is at an advanced stage, and construction is scheduled to begin before year-end.

The Victoria Falls resort is Econet InfraCo’s second major project. Its flagship, Econet Tech City, is a planned industrial and technology hub near Robert Gabriel Mugabe International Airport in Harare, expected to host around 300 businesses across more than 800 hectares.

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Parliament moves to curb machete gang violence in rural areas

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BY WANDILE TSHUMA

Lawmakers are demanding an urgent security crackdown in rural constituencies following a report of nearly 1 000 violent incidents involving machete-wielding gangs over a four-year period.

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A motion moved by Brown Ndlovu highlighted the “horrific terror unleashed by machete-wielding gangsters” in the Vungu Constituency of Midlands Province, where murders, robberies, and assaults have reportedly become a daily occurrence. Official records presented to the House show that 997 violent cases were reported in the Vungu district alone between 2021 and 2025 .

Hwange Central MP, Daniel Molokele, recently raised the alarm to VicFallsLive, following his tour at Inyathi District Hospital, where he revealed that the gold panners were now digging under the hospital and that most casualties and admissions at the hospital were linked to machete-gang violence.

Parliamentarians expressed sharp “disdain” for current judicial practices, noting that the integrity of the legal system is at risk . The motion criticized the fact that “suspects who perpetrate such horrendous crimes are often granted bail and allowed to return to the same communities where they freely continue to molest and intimidate victims and witnesses,”a practice they say grossly undermines public safety.

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The House has called for the Zimbabwe Republic Police in rural areas to be modernized and properly equipped. Specifically, lawmakers are urging the Ministry of Home Affairs to provide officers with “adequate tools of trade such as vehicles, modern communication equipment, and weapons to wade off criminal activities”. Additionally, the motion proposes that bail should be denied in machete-related cases and that state witnesses be granted enhanced protection from “intimidation, retributions and retaliations”

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