News about Zimbabwe that you can use
The International Fund for Agricultural Development (IFAD), a United Nations (UN) agency, says it is ready to resume lending to the capital-starved country next year if Harare settles arrears which are estimated at $40 million, an official has said.
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Zimbabwe’s government has approved plans for debt-ridden national carrier Air Zimbabwe to engage a strategic partner, Transport Minister Obert Mpofu said today as the airline resumed flights to neighbouring Zambia to expand its regional network.
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The wife of Vice-President Phelekezela Mphoko is reported to have been robbed of cash and goods worth more than R1 million by bogus policemen in Johannesburg at the weekend.
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Pan-African asset management group Imara Holdings has completed the sale of one of its Johannesburg subsidiary Imara S.P. Reid Proprietary Limited (ISPR) to MMI Strategic Investments for about $10.25 million, the company has said.
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Last year Sudanese telecoms billionaire Mo Ibrahim mocked nearly 50 African leaders who had travelled to the United States to discuss opportunities for US businesses in Africa.
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Africa needs to open up its airspace to improve connectivity which is seen as crucial to facilitating ease of movement for tourists across the continent which is desperate for income, South Africa’s tourism minister Derek Hanekom has said.
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The government has committed to grant more mining concessions to Hwange Colliery Limited (HCCL) and acceded to its proposed $88 million rights issue that will help the coal miner clean its balance sheet for its turnaround, mines minister Walter Chidhakwa said on Friday.
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Former Energy Minister Dzikamai Mavhaire and former Higher Education Minister Olivia Muchena were booted out of the Senate on Wednesday, according to Parliament’s official record, Hansard.
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The country’s second biggest medical aid society, Cimas has announced that it will introduce a raft of measures to reduce claims and abuse of benefits by some members while defending its 50 percent increase in subscriptions.
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