News about Zimbabwe that you can use
Taesung Chemical Co (Taesung) has increased its shareholding in ART Corporation to over 55 percent after the closure of its mandatory offer to minorities, the company said on Thursday.
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President Robert Mugabe has assured the nation that no one will starve this year despite the massive food shortage which will force the cash-strapped government to import about 700 000 tonnes of maize.
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Bulawayo, Zimbabwe’s second largest city often described as a dying city, is probably the best place to live in Zimbabwe according to a survey on lived poverty by Afrobarometer carried out between 16 and 29 November last year.
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Vice-President Emmerson Mnangagwa seems to have put an end to the bickering in Harare East where two Zimbabwe African National Union-Patriotic Front candidates are vying for the seat in the 10 June by-elections.
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Zimbabwe’s Tourism authority says it anticipates an increase in annual earnings to $1.5 billion after an improvement in international sentiment, an official has said.
(220 VIEWS)
The Morgan Tsvangirai-led faction of the Movement for Democratic Change has called on Vice-President Phelekezela Mphoko to step down because of his remarks that the Gukurahundi massacre of the 1980s was instigated by the West as part of its divide-and-rule tactics.
(268 VIEWS)
Cimas Medical Aid Society has suspended online drug claims after losing $1.2 million in fraudulent claims, with the society incurring a $3.4 million drug bill during the first quarter of this year compared to $2.2 million in the last quarter despite a fall in membership.
(246 VIEWS)
The Movement for Democratic Change-Tsvangirai has condemned the passage of the Reserve Bank of Zimbabwe Debt Assumption Bill on Tuesday under which the government will assume the central bank’s $1.3 billion debt saying this is literally forcing the overtaxed Zimbabweans to foot the loot by the Zimbabwe African National Union-Patriotic Front elite.
(319 VIEWS)
Zimbabwe’s inflation eased to -2.65 percent year-on-year in April after shedding 1.45 percentage points on the March rate of -1.20 percent as deflationary pressures persist, the national statistics agency said today.
(298 VIEWS)
The world’s second largest platinum miner, Impala Platinum says it has seen mixed performances at its Zimbabwe units with tonnes milled at Zimplats going down 11 percent to while Mimosa went up by nine percent in the third quarter ended March 31.
(248 VIEWS)
