Monday, October 19

Zimbabwean Investigative Journalist Hopewell Chin’ono Detained By Mnangagwa Government

Media statement on the arrest of Zimbabwe journalist Hopewell Chin’ono

Good Governance Africa denounces in the strongest possible terms the reported arrest of Zimbabwean journalist Hopewell Chin’ono ahead of mass demonstrations against corruption planned for 31 July 2020.

News reports indicate that Chin’ono was taken into custody by Zimbabwean police this morning.

His attorney, Beatrice Mtetwa, has described the arrest as an abduction by eight state security officials. Chin’ono himself recorded the incident on his phone and sent out a distress signal on social media.

Chin’ono is an award-winning international journalist and documentary filmmaker. He is a Harvard University Nieman Fellow and a CNN African Journalist of the Year winner. He is also a fellow at the University of Oxford’s Africa Leadership Institute.

His fearless reporting and effective use of social media to bypass state control of information has angered Zimbabwe authorities. He has written on the subject of media freedom in our special edition of our journal Africa in Fact on Zimbabwe’s constitution, available here.

From a governance perspective, GGA believes that shutting down the space for freedom of expression is unacceptable.

Article 19 of the Universal Declaration of Human Rights guarantees freedom of expression as a fundamental right and GGA believes a free and independent media is an essential pillar of good governance.

We therefore call on Zimbabwe’s government to observe the Declaration of Table Mountain, which calls on African states to recognise the indivisibility of press freedom and their responsibility to respect their commitments to African and international protocols upholding the freedom, independence and safety of the press.

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Mortgage Refinance Rates and Home Loan Savings

Mortgage Refinance Rates: When to Refinance

Homeowners often consider refinancing when mortgage refinance rates are lower than their current rate. Refinancing replaces your existing mortgage with a new loan.

A refinance may help lower monthly payments, reduce interest costs, change loan terms, or access home equity.

Types of Mortgage Refinance

A rate-and-term refinance changes the interest rate or loan length. A cash out refinance allows homeowners to borrow against home equity and receive cash at closing.

Cash out refinancing can be useful for home improvements or debt consolidation, but it increases the loan balance.

Costs to Compare

Refinancing includes closing costs such as lender fees, appraisal fees, title fees, and recording fees. Homeowners should calculate the break-even point before refinancing.

Conclusion

Mortgage refinance rates can create savings, but refinancing only makes sense when the long-term benefit is greater than the cost.