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A Night with Feli Nandi at Hard Rock Café, Sandton

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 Yesterday I attended Feli Nandi's show at Hard Rock Café in Sandton, Johannesburg — and what a night it was. The show was epic. Just when we thought the legacy of voices like Chiwosino Maraire was gone, Feli reminded us that the genre lives on.  https://x.com/NandiFeli?t=p7yxFWzqtvHM6HD13b-QPg&s=08 Feli Nandi is the real deal. The woman is good — her voice, her energy, her ever-smiling presence lit up the whole stage. She’s a true people’s person. The crowd fed off her vibe and she gave it right back. Flanked by friends and fellow artists like Joe Thomas (yes, the Joe Thomas of “I Wanna Know”), Makhadzi and others, she held her own and more. It’s worth it to attend her shows — you leave feeling uplifted. She performed to a fully packed café. Zimbabweans came out strong to support the gig. Some were dressed traditionally, proudly showing off culture. I remember one couple in matching colors — it was beautiful to see. Feli herself was dressed in white, glowing under the lig...

2 SHARES Africa 3Zimbabwe gets $961m in IMF Special Drawing Rights – govt

 Part of $650bn the IMF is distributing to its members.

Image: AdobeStock

Zimbabwe’s government said on Tuesday it has received the equivalent of $961 million in Special Drawing Rights (SDR) from the International Monetary Fund, part of $650 billion the IMF is distributing to its members.

The IMF’s largest-ever distribution of monetary reserves will provide additional liquidity for the global economy, supplementing member countries’ foreign exchange reserves and reducing their reliance on more expensive domestic or external debt.

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SDRs are reserve assets issued by the IMF, backed by dollars, euros, yen, sterling and yuan.

“The immediate effect of this support from the IMF is to increase the foreign exchange reserves position of the country by $961 million,” Finance Minister Mthuli Ncube and central bank governor John Mangudya said in a joint statement.

“This will go a long way in buttressing the stability of the domestic economy.”

Zimbabwe reintroduced its currency, the Zimbabwe dollar, in 2019 after a decade of dollarisation. However, the local unit has struggled for stability amid deep foreign currency shortages in the economy.

The Zimbabwe dollar is officially trading at 86 against the US dollar, but is significantly weaker, at 150 to the greenback, on a thriving black market.

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LOL — how deep into debt trap can a country be plunged into??/

Well done Zimbabwe, the IMF will not likely see the money again.

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