Plans by the City of Harare to construct an office park in Borrowdale were curtailed after the Administrative Court upheld an appeal by CABS and Delta Corporation to preserve the open space for environmental purposes.
Didymus Mutasa, Headlands Member of Parliament and former Zimbabwe African National Union-Patriotic Front Secretary for Administration, and Hurungwe West legislator Temba Mliswa were today expelled from Parliament when Speaker Jacob Mudenda ruled their seats vacant.
Pan-African financial institution Ecobank has underwritten nearly 40 percent of the $20 million Bindura Nickel Corporation bond whose proceeds would finance the restart of the company’s smelter, Mwana Africa chief executive Kalaa Mpinga said today.
Vice-President Emmerson Mnangagwa is said to be a strong admirer of Rwandan President Paul Kagame, a man who has managed to extract maximum benefits from the West to rebuild his country.
Mauritius-based financial services group, AfrAsia Bank Limited says its Zimbabwean operations collapsed due to legacy issues and failure to find a new investor for the troubled bank.
The chief executive of AIM-listed Premier African Minerals, George Roach says Tungsten deposits at its RHA project in Kamativi are of a high grade, making the operation a highly competitive one with production expected to start this June.