News about Zimbabwe that you can use
Britain has refused the grandparents of five-year-old Andrea Gada, a Zimbabwean, permission to visit the country to attend her funeral because, it says, they will not return to Zimbabwe.
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Zimbabwe’s economy will grow by 3.2 percent this year — faster than the global average — and pick up to 3.7 percent next year, the World Bank said in its latest global report which also shows the world economy was still struggling to recover five years after the financial crisis.
(184 VIEWS)
Creditors of chrome smelter, MonaChrome today finally voted in favour of the company’s takeover by current German shareholder, NK Trading at the High Court while two banks, AfrAsia and Stanbic bickered over its disposal.
(288 VIEWS)
Struggling starafricacorporation’s workers halted production today in protest over unpaid salaries in the latest labour unrest to hit the sugar refiner.
(416 VIEWS)
Ecobank Zimbabwe is set to improve its underwriting capacity after parent company, Ecobank Transnational Incorporated signed a seven-year $100 million loan facility with the European Investment Bank, an official has said.
(306 VIEWS)
Creditors of the defunct diamond mine, Gye Nyame Resources on Monday voted in favour of a $20 million capital injection by a potential investor but failed to resolve the issue of who should repay the $5 million owed to Ecobank.
(338 VIEWS)
When land distribution has been highly unequal – as in East Asia and in Southern Africa – redistribution of land to smallholders is a key step in economic development, says Ian Scoones co-author of the book: Zimbabwe’s Land Reform: Myths and Realities.
(521 VIEWS)
Most fuel stations in Harare today slashed prices of both petrol and diesel by between 11 percent and 12 percent ahead of the government deadline tomorrow, with most operators saying the new prices were still competitive.
(458 VIEWS)
“This country’s beauty and bounty have been overshadowed by political unrest and economic collapse over the last few decades, but today, the government is finally stable, the overinflated Zimbabwean dollar is gone, and the prices are low.”
(295 VIEWS)
Up to 34 properties belonging to the now defunct Royal Bank will go under the hammer as the Deposit Protection Corporation (DPC) moves to recover creditors’ funds.
(226 VIEWS)
