Stories

Zimbabwe is failing to attract tourists from China because there is no direct flight between the two countries, an official has said.

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The public pension fund National Social Security Authority (NSSA) increased its benefit payouts to $148.9 million last year from $115.7 million in 2012 while 75 companies closed shop, leaving 9 000 people jobless, the company said today.

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The number of cattle being slaughtered at the Cold Storage Company has gone down from 50 000 per month a few years ago to current levels of just under 2 000 monthly, as government struggles to get a partner to revive the ailing parastatal.

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Zimbabwe’s trade deficit in the first nine months of the year stood at $2.6 billion as the economy continues to rely on imports on the back of weakening productivity.

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Tourist arrivals this year are seen taking a knock as a result of restricted international travel due to the Ebola virus outbreak in West Africa, the Zimbabwe Tourism Authority (ZTA) said yesterday.

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All but one foreign-owned banking institutions operating in the country have complied with country’s local ownership requirements, a cabinet minister said today.

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Two Chicago men who promised to lobby United States President Barack Obama, a former Illinois senator, to lift sanctions against Zimbabwe were paid US$90 000 in Botswana as an initial down payment but failed to make any dent.

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Bulawayo textile company Archer Clothing expects production to rise by 40 percent by year-end with capacity utilisation increasing to a similar margin from the current 25 percent as new owners push to bring the company to full assembly.

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A photograph of two South Sudanese children, with names listed directly below, sits adjacent the headline “South Sudan’s Boy Soldiers Swap Schoolbooks for Kalashnikovs”.

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The speed with which the current Ebola epidemic swept across parts of West Africa, claiming over 3 000 lives in the first six months and affecting millions more, exposed the extreme fragility of primary health care facilities in the region, the disproportionate impact on particularly vulnerable groups, as well as the increasingly globalized implications of the outbreak. 

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