Zimbabwe Forcing Industries To Rely On Erratic ZESA Power Supplies

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Zimbabwe Forcing Industries To Rely On Erratic ZESA Power Supplies http://www.voanews.com 28 July 2011 Ruth Labode, president of the Matabeleland Confederation of Industries said private companies will rather import expensive power than rely on the Zimbabwe Electricity Supply Authority which is failing to cope with demand. Gibbs Dube | Washington The Confederation of Zimbabwe Industries (CZI) says …

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Zanu PF activists invade farm

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Zanu PF activists invade farm http://www.dailynews.co.zw By Own CorrespondentFriday, 29 July 2011 15:06 HARARE – People claiming to be war veterans have invaded a plot owned by MDC Constitution Select Committee rapporteur, Charles Nyamutowa in Nyanga’s Juliasdale area, as violence and instability spreads across the country. Six known Zanu PF activists claiming to be former liberation war …

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Corruption nail in the economy’s coffin

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Corruption nail in the economy’s coffin http://www.theindependent.co.zw/ Friday, 29 July 2011 11:37 Eric Bloch THERE are many nails in the coffin of the desperately needed  recovery of the  distressed Zimbabwean economy.  They range from the endless political instability to the  destructive mouthings of the Minister of Indigenisation and Economic Empowerment, Saviour  Kasukuwere; the dismal circumstances of most parastatals and …

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National herd unlikely to meet 5,8m target

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National herd unlikely to meet 5,8m target http://www.theindependent.co.zw/ Friday, 29 July 2011 12:54 Happiness Zengeni BASED on the growth of the calving rate, Zimbabwe’s national herd of cattle will maintain a steady trend but might not meet the 5,8 million target set in the mid-term fiscal policy. Finance minister Tendai Biti said during the 2010/2011 season, the …

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No hope of recouping debts: Arda

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No hope of recouping debts: Arda http://www.theindependent.co.zw/ Friday, 29 July 2011 10:49 Paidamoyo Muzulu THE Agricultural and Rural Development Authority (Arda) has lost hope of recouping any money from institutions and politicians who benefited from the 10-million euros tractors bought for agricultural mechanisation in early 2000.According to Arda chairman Basil Nyabadza, 428 tractors were bought from Iranian manufacturer Itmoc …

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ARAC Report at Congress

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ARAC REPORT TO CONGRESS – 26th July 2011 The ARAC team would like to extend particular thanks to outgoing President Deon Theron, VP Charles Taffs and our own outgoing Chairman Pete Steyl for their commitment and dedication to our constituency. In addition we thank the Director and staff of CFU for accommodating us over the …

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Indigenisation hijacked: Gono

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Indigenisation hijacked: Gono http://www.dailynews.co.zw By Thelma Chikwanha, Community Affairs EditorThursday, 28 July 2011 16:02 HARARE – Reserve Bank Governor Gideon Gono still stands by his 2007 statement on indigenisation saying the there was need to strike a balance between the objectives of indigenisation and the need to attract investment, a development which could set him for a collision …

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Zimbabwe Finance Minister warns of govt shutdown over deficit

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Zimbabwe Finance Minister warns of govt shutdown over deficit http://www.theafricareport.com Thursday, 28 July 2011 16:17 Zimbabwe’s Finance Minister Tendai Biti has warned of a “long winter of despair” saying there is a real danger of government shutting down completely down as early as October. Biti made the warning on Tuesday as he presented his midterm fiscal policy statement …

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