They want ZBC 4 ED. We want ZBC for Everyone.
They want Chiefs 4 ED. We want Chiefs for Everyone.
They want Farmers 4 ED. We want land for Everyone.
They want Mbinga 4 ED. We want wealth for everyone.
They want tenders 4 ED. We want opportunities for Everyone.
Zimbabwe has just entered into another economic disaster zone with the deactivation of the Nostro accounts’ ability to withdraw cash in US Dollar or loading US Dollars onto international credit cards.
What is a Nostro account?
Nostro comes from the Latin word for "ours," as in "our money that is on deposit at your bank."
Nostro accounts are used in Zimbabwe to hold US Dollars or generally foreign exchange.
Government was paying its workers a US Dollar component into Nostro accounts.
It means whatever is in your Nostro account is not really US Dollar anymore because you can’t use it abroad as US Dollars, and you can’t withdraw it as US Dollar cash.
If you have a million dollars in your Nostro account, it is only a million in name, not in deed because you can’t withdraw it in US Dollar terms or put it onto your card.
In other words Zimbabweans have been played for the 3rd time.
Two important issues to note why this is being done.
To stop civil servants from withdrawing cash, in other words US Dollars from Government of Zimbabwe were not really US Dollars, and banks are ring fencing real US Dollars.
The second thing is the separation of local Nostro and real US Dollars.
You can only withdraw US Dollars or put them on your credit card if you actually deposit US Dollar cash or are receiving an international Telegraphic Transfer TT.
This is huge news coming out of Zimbabwe today!
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@matinyarare If you really are anti sanctions, why don’t you promote the adoption of Bitcoin in Zim. $BTC is a robust and more practical solution to Zim than begging to be accepted by the same system that kicked you out.
Dear Africans,
This is the wife of Zimbabwe’s political prisoner and opposition Member of Parliament @JobSikhala1 who has been in prison for over 320 days without conviction.
He was denied bail, something which he is entitled to constitutionally.
Ellen Sikhala has become the mother and father of their children whilst Job Sikhala is unfairly locked up!
Sikhala who is a lawyer has been been arrested 67 times without a single conviction in the last 23 years!
Please RETWEET so that other Africans get to know about the mental and physical suffering of his family, and of course about his political persecution.
@TendayiZinyama You trying your best man to show the positive side.
Still the current government has had 43 years to show us how to destroy a country, for that reason we going ahead with removing them.
Replacing them with a better government,
This is for my followers who are doctors and nurses.
This new kid on the black is replacing the stethoscope and said to be a game changer.
“The Butterfly brings the power of ultrasound into your assessment, diagnosis and treatment process.”
This year's election has one Presidential Candidate. The rest are fulfilling a fixture. President @edmnangagwa shall be sworn in following a thunderous victory that will leave the opposition in dog fights. Take Note of this tweet & I will remind you!
8/8. And why is this any of my business? Because a strong and principle opposition is important for prosperity. Because of the danger of electing another dictator to State House. Criticism and transparency strengthen leaders and institutions.
This is what we call “Subtle Advertisement.”🤣🤣🤣
As the #GoldMafia story becomes well known, it is quite clear that there are many in ZANUPF who are enjoying the Al Jazeera corruption exposures because they were not “eating.”
Many have privately expressed revulsion to me.