News about Zimbabwe that you can use
Plans by the City of Harare to construct an office park in Borrowdale were curtailed after the Administrative Court upheld an appeal by CABS and Delta Corporation to preserve the open space for environmental purposes.
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Didymus Mutasa, Headlands Member of Parliament and former Zimbabwe African National Union-Patriotic Front Secretary for Administration, and Hurungwe West legislator Temba Mliswa were today expelled from Parliament when Speaker Jacob Mudenda ruled their seats vacant.
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Pan-African financial institution Ecobank has underwritten nearly 40 percent of the $20 million Bindura Nickel Corporation bond whose proceeds would finance the restart of the company’s smelter, Mwana Africa chief executive Kalaa Mpinga said today.
(449 VIEWS)
Mauritius-based financial services group, AfrAsia Bank Limited says its Zimbabwean operations collapsed due to legacy issues and failure to find a new investor for the troubled bank.
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The chief executive of AIM-listed Premier African Minerals, George Roach says Tungsten deposits at its RHA project in Kamativi are of a high grade, making the operation a highly competitive one with production expected to start this June.
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The Securities and Exchange Commission of Zimbabwe (SECZ) on Friday asked Meikles Limited to come clean on its foreign investments, corporate governance issues and failure to disclose the actual amount it is owed by the central bank.
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The Tsvangirai faction of the Movement for Democratic Change today blasted President Robert Mugabe over his remarks about taking over the remaining white farms and conservancies, saying it was this kind of talk that scared investors and damaged the image of the country.
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Shareholders of the country’s third biggest mobile operator, Telecel, on Friday said they are ready to resolve the shareholding dispute involving Empowerment Corporation (EC) and have engaged various ministries to end the squabbles.
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Vice-President Phelekezela Mphoko, whose comments about Gukurahundi have raised a lot of eyebrows, was not the first former Zimbabwe People’s Republic Army officer to blame the British government for the Gukurahundi massacres in Matebeleland and the Midlands in the 1980s.
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