Tourism, which had become one of the country’s biggest foreign exchange earners before the land reform programme of 2000, is fast recovering but it could be slowed down by reports of invasions of tourist resorts around Harare by so-called war veterans.
(28 VIEWS)
Zimbabwe’s manufacturing sector which should be the backbone of the economy is still operating at less than half its capacity. It therefore contributed only 7.6 percent of the country’s export shipments which amounted to $2.2 billion.
(18 VIEWS)
Zimbabwe had a good start to 2011 with the key industrial index increasing by 6.9 percent in the first month. It stood in third place among the African markets, excluding South Africa, with Nigeria at the top having gained 10.4 percent and Mauritius second with 8.3 percent.
(16 VIEWS)
Mining, which grew by 44 percent last year and contributed 65 percent of the country’s export earnings, is expected to grow by 44 percent this year.
(14 VIEWS)
United States President Barack Obama asked the Southern African Development Community to put pressure on Zimbabwe for Mugabe to exit, six months after the formation of the inclusive government, according to one of the cables just released by Wikileaks.
(33 VIEWS)
