News about Zimbabwe that you can use
The poultry industry in Zimbabwe recorded a 22 percent growth in the first quarter of 2015 after producing 17 million broiler day old chicks, an industry official has said.
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Harare firm Paramount Garments has finally taken over Archer Clothing Manufacturers after bickering between creditors delayed the acquisition for over a year.
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Harare City Council says it is looking for development partners to fund the upgrade of 70 ‘slum settlements’ that are spread across the city.
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An arbitrator has ordered Zimbabwe’s largest health insurer – Premier Services Medical Aid Society (PSMAS) to pay its former chief executive Cuthbert Dube outstanding salaries amounting to $3 million, after ruling that his employment contract was not terminated.
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The board of Tetrad Holdings are challenging the call by the provisional judicial manager of its banking unit to liquidate it, accusing him of refusing to engage with the potential investor.
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The managing director of state-owned mobile operator NetOne, Reward Kangai has bemoaned the effect of social network applications such as Whatsapp, Viber, skype and others, saying they are eating into mobile network operators’ revenues while enjoying unfair competition as they do not pay tax.
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Harare City Council is reviewing lease agreements for properties it rents out which it said were drafted during the colonial era and were outdated, an exercise that could increase its revenue by at least 20 percent, an official has said.
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Zimbabwe’s major opposition parties have called on Zimbabweans to redeem themselves from the current predicament of penury, poverty and deprivation saying people did not fight for the freedom to flee their country and become victims of xenophobic attacks in neighbouring countries.
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Government is drafting laws aimed at protecting internet users and fight cyber crime and bullying which is now said to be rampant in Zimbabwe, an official has said.
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The European Investment Bank has pledged to extend financial support to the private sector in Zimbabwe but ruled out any fiscal support to government as the country was an unattractive borrower because of the arrears to various multilateral institutions.
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