Zimbabwe’s Social Security Authority Takes 84% Stake In Troubled Bank

by ...Finance and Economics (archives)Posted on No Comments

Zimbabwe’s Social Security Authority Takes 84% Stake In Troubled Bank http://www.voanews.com/ 13 February 2012 The state-run Herald newspaper quoted Renaissance Bank Curator Reggie Saruchera as saying NSSA will inject US$10 million and convert to equity an earlier US$8.5 million loan to the bank that cannot be repaid Gibbs Dube | Washington Zimbabwe’s National Social Security Authority has …

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Prices of basic commodities rising sharply

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Prices of basic commodities rising sharply http://www.thezimbabwean.co.uk Prices of basic commodities have risen in 2012 as compared to 2011. In a snap and random survey carried by ZNCC Harare research in some of the country’s top supermarkets, the year 2012 has seen a stead rise in the prices of goods.14.02.1202:12pmby ZNCC Daily Newsletter The price of 10kg palenta …

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Zim to begin selling tobacco

by ...Agriculture (archives)Posted on No Comments

Zim to begin selling tobacco http://www.zimonline.co.za/ by Own Correspondent     Tuesday 14 February 2012 HARARE – Zimbabwe’s tobacco selling season opens tomorrow with at least 150 million kilogrammes expected to be sold this year up from 132.5 million kilogrammes sold last year, in yet another sign of recovery in the farming sector after a decade of decline blamed on …

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Kariba Dam Wall On Zimbabwe Side Risk Collapsing:Mangoma

by ...ZESA (archives)Posted on No Comments

Kariba Dam Wall On Zimbabwe Side Risk Collapsing:Mangoma http://www.radiovop.com Harare, February 13, 2012 – The dam wall on the Zimbabwean side on one of the world biggest dams, Kariba is weak and requires urgent repairs to prevent the wall from collapsing, Energy and Power Development Minister Elton Mangoma said Monday. Mangoma who was presenting the state of the …

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Mangoma taken to task

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Mangoma taken to task http://www.dailynews.co.zw/ By Gift Phiri, Senior WriterTuesday, 14 February 2012 14:58 HARARE – Mines and Energy parliamentary portfolio committee chairman Edward Chindori-Chininga yesterday took Energy minister Elton Mangoma to task for allowing his permanent secretary to continue defaulting on an electricity bill of more than $30 000 that he accrued at his home. The allegation …

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Zimbabwe’s debt-crippled power utility plans to get tough

by ...ZESA (archives)Posted on No Comments

Zimbabwe’s debt-crippled power utility plans to get tough http://news.monstersandcritics.com Feb 14, 2012, 15:18 GMT Harare – Threatened with being cut off from electricity imports from its neighbours for non-payment, Zimbabwe’s state-owned power utility said on Tuesday it would cut off hundreds of top politicians and civil servants who refuse to pay their bills. The move comes after Energy …

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Police Thump War Veterans

by ...Land Issues (archives)Posted on No Comments

Police Thump War Veterans http://www.radiovop.com Masvingo, February 12, 2012 – Armed riot police gave veterans of the liberation war a comprehensive thumping this week after they had pushed their luck a step ahead by trying to invade farms owned by black Zimbabweans along Masvingo-Mutare highway. Self-styled war veteran Francis Zimuto popularly known as Black Jesus had earlier last week …

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Court Evicts Mohadi from “His” Plot

by ...The Courts (archives)Posted on No Comments

Court Evicts Mohadi from “His” Plot http://www.radiovop.com/ Bulawayo, February 12, 2012- High Court Judge Justice Lawrence Kamocha has ordered co- Home Affairs minister, Kembo Mohadi’s wife Tambudzani Mohadi and son Campbell to vacate a Beitbridge farm owned by four villagers they occupied illegally. Four villagers Given Mbedzi, Alfheli Nare, Kumbirai Ncube and Sorofia Ndou, who are the applicants, had …

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