News about Zimbabwe that you can use
The Tetrad creditors’ meeting last Wednesday had a distinctly senior look, unsurprisingly so considering the sizeable number of pensioners who saved and invested with the institution.
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Mobile phone calls will be cheaper when service providers share infrastructure, the Minister of Information Communication Technology Supa Mandiwanzira said yesterday.
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Central bank governor John Mangudya says the country must focus on stabilising the economy, one sector at a time, with the resources industry the initial target.
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Zimbabwe will bring all diamond mining operations in the country under one firm in which the state will have a 50 percent shareholding, mines minister Walter Chidhakwa announced today, adding that the miners have until Monday to accept the proposal.
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Creditors of Tetrad Investment Bank yesterday gave a potential Russian investor one month to inject fresh capital into the troubled bank or they would vote for its liquidation.
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The future of Kamativi Tin Mine can only be bright because the price of tin which had plummeted to $3 000 a tonne when the mine closed down over 20 years ago is now $23 000 a tonne.
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The Zimbabwe Banks and Allied Workers Union (ZIBAWU) has petitioned the Reserve Bank of Zimbabwe and Parliament to carry out an investigation into bank failures, alleging that some central bank officials were colluding with bank executives to whitewash delinquency in weak institutions.
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Border Timbers Limited (BTL) has dragged government to an international land tribunal over a dispute involving several of its estates that were invaded by illegal settlers, an official has said.
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