Zimplats lends ZESA US$25 million

Zimplats lends ZESA US$25 million http://www.newzimbabwe.com 04/08/2012 00:00:00by Roman Moyo PLATINUM miner, Zimplats advanced a US$25 million loan to ZESA which the power utility used to reduce its indebtedness to Mozambique’s Hidroelectrica de Cahora Bassa, enabling the resumption of power imports. The Mozambican company had cut supplies to Zimbabwe after ZESA failed to reduce its mounting debt but …

Draft ‘discourages’ investors

Draft ‘discourages’ investors http://www.theindependent.co.zw/ August 4, 2012 in Politics Staff Writer THE draft constitution has failed to instil much-needed investor confidence in the agricultural sector and investors will “continue to adopt a cautious approach until it is clear that land can be leveraged as security and has real market value,” a farming group has said.Charles Taffs, president of …

A Law Unto Themselves (Part II) : The Rulings and Dissolution of the SADC Tribunal

A Law Unto Themselves (Part II) : The Rulings and Dissolution of the SADC Tribunal   http://www.sokwanele.com/thisiszimbabwe/archives/7948   August 3rd, 2012 By Dale Doré, a discussion paper in the Zimbabwe Land Series   Executive Summary Part II recounts the Government of Zimbabwe’s unrelenting seizure of white owned farms, the nationalisation of their land, and how, …

Tobacco sales soar

Tobacco sales soar http://www.thezimbabwean.co.uk Zimbabwe has recorded its best tobacco sales figures since the accelerated land reform programme began a decade ago.03.08.1201:15pmby The Zimbabwean Harare New figures from the Tobacco Industry and Marketing Board show Zimbabwe sold 140.8 million kilograms of tobacco at an average price of $3.67, resulting in sales totalling $517m. The figure is well above …

Land acquisition to continue: Mugabe

Land acquisition to continue: Mugabe http://www.newzimbabwe.com 03/08/2012 00:00:00by Staff Reporter SANCTIONS slapped on Zimbabwe by the West were aimed at stopping the country’s land reforms President Robert Mugabe has said, insisting the measures had failed and should be lifted. Mugabe is on a three-day visit to Zambia where he will also officially open the country’s annual agricultural and …

Tragic truth behind Indigenisation policy

Tragic truth behind Indigenisation policy http://www.thezimbabwean.co.uk The worst constraints affecting Zimbabwe’s economic recovery continue to be self-inflicted policies that are still having profound effects on business confidence. Because political objectives lie behind all the policy decisions, it is impossible to describe the situation in purely economic terms.01.08.1208:41amby John Robertson This remains true of the latest policies imposed: huge increases …

Chiredzi: Wasted land of immense potential

Chiredzi: Wasted land of immense potential http://www.financialgazette.co.zw/ Wednesday, 01 August 2012 21:03 Nelson Chenga, Staff Reporter CHIREDZI, in Masvingo Province’s south eastern Lowveld, is a place described in the country’s geography textbooks as a land of vast money-spinning sugarcane estates. But it is also a place contemporary journalism fondly likes to identify with hunger, drought and searing heat.All …