News about Zimbabwe that you can use
Zimbabwe’s electricity generation has fallen to 806 megawatts from all its power stations following a systems disturbance at Hwange Thermal Power and maintenance works at other plants, with more power outages likely, the company said today.
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South African diamond executive Ernest Blom tried to rope in Robert Mhlanga, a former Air-Vice- Marshall who is widely reported to have been President Robert Mugabe’s personal pilot and is now chairman of Mbada Diamonds, in his quest to secure exclusive mining rights for Marange diamonds.
(361 VIEWS)
The government will launch a new livestock policy by yearend which seeks to protect cattle owners from being shortchanged by private abattoirs as well as reduce statutory charges in trading, a junior minister has said.
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Hippo Valley Estates, a unit of South Africa’s Tongaat Hulett says it is aiming to increase sugarcane production by 10 percent every year and to bump up ethanol output from the current 21 million litres correspondingly.
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Struggling state-owned airline Air Zimbabwe has plans to re-introduce flights to Masvingo and Buffalo Range near Chiredzi, an official has said.
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Former Mines Minister Obert Mpofu met South African diamond executive Ernest Blom on 9 April 2009, less than two months after his appointment, to discuss a mining deal for Marange diamonds that was being proposed by Blom and his partner C. Gregory Turner, a Chicago man who was convicted this month of illegally lobbying for the lifting of United States sanctions on President Robert Mugabe.
(107 VIEWS)
Global telecoms giant VimpelCom, the parent company of Telecel Zimbabwe, today said it had sold its Burundi and Central African Republic interests to Econet Wireless Global (EWG) for $65 million.
(122 VIEWS)
Ferrochrome producer Zimbabwe Alloys has recovered 150 tonnes of metal from its dumps after an unnamed Chinese firm commenced recovery last month, while talks with a potential investor to inject $50 million fresh capital into the business will be concluded in three months, the company’s judicial manager has said.
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Two Chicago men who were recently convicted of illegally lobbying for the lifting of sanctions on Zimbabwean President Robert Mugabe and former Central Bank governor Gideon Gono were not only interested in bailing out the ageing ruler but they were also eyeing Zimbabwe’s vast diamond resources.
(199 VIEWS)
