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Spar creditors to get nothing
Non-statutory creditors, including CBZ Bank, who are owed over $4 million by three Spar stores which were put under liquidation in June this year will receive nothing from the auctioning…
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Saviour Kasukuwere according to the Wikileaks cables- Final all 27 cables
Former United States ambassador to Zimbabwe Charles Ray described Zimbabwe African National Union-Patriotic Front national commissar Saviour Kasukuwere as “young, smooth, and ambitious” but added that an advisor to former…
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Zimbabwe quietly clears its arrears to the IMF
Zimbabwe yesterday paid its arrears to the International Monetary Fund, which is usually considered the door-opener to international funding. A statement issued by the IMF this morning said: “On October…
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IMF urges Zimbabwe to revive economic reforms to avoid recession
Zimbabwe needs to revive its economic reform agenda and settle arrears to international creditors to access fresh capital to avoid prolonged recession, the International Monetary Fund’s resident representative said yesterday.…
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Coca Cola to terminate Delta’s bottling deal
The Coca Cola Company plans to terminate its bottling deals with Delta Corporation and its associate, Schweppes Zimbabwe Limited, Delta announced today. Coca Cola’s move to end the bottlers’ agreements…
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Saviour Kasukuwere according to the Wikileaks cables- Part One
Saviour Kasukuwere was one of the young barons that entered into Zimbabwe African National Union-Patriotic Front politics when he was elected to parliament in 2000. He was only 30. A…
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MDC-T says ZANU-PF should stop looting state resources
The Tsvangirai-led Movement for Democratic Change today said the Zimbabwe African National Union-Patriotic Front should stop looting State resources forthwith. In a statement, the party said things must be made…
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British minister vague about what is likely to happen in Zimbabwe if Mugabe dies
Britain’s Under-Secretary of State for Foreign and Commonwealth Affairs Tobias Ellwood literally dodged a question from Conservative Member of Parliament Oliver Colvile on Tuesday when he asked what assessment his…
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TM Supermarkets Zimbabwe boost Pick n Pay earnings
South African retail giant Pick n Pay recorded an 81 percent increase in earnings from its Zimbabwean associate, TM Supermarkets, in the six months to September 30, at a time…
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Points to ponder abut mineral beneficiation in Zimbabwe
Mining, essentially value addition and beneficiation, is one of the growth engines for the country’s development plans under the Zimbabwe Agenda and for Sustainable Socio-Economic Transformation (ZimAsset) and the Ten…