Indigenisation not about expropriation

Indigenisation not about expropriation http://www.dailynews.co.zw/ By EditorSunday, 08 May 2011 15:15 HARARE – Zimbabwean Prime Minister Morgan Tsvangirai yesterday voiced support for his country’s controversial indigenisation policy, which stipulates that locals should own at least 51 percent of the shares in foreign companies. “Indigenisation is not about expropriation or nationalisation … it’s about setting fair value,” he said at …

New spark in constitution-making process

New spark in constitution-making process http://www.timeslive.co.za May 7, 2011 1:07 PM | By HARARE CORRESPONDENT The on-and-off constitution-making process in Zimbabwe has resumed after nearly two months of dormancy. The programme was reignited this week but there are doubts the constitution will be in place before the end of the year. The Constitutional Parliamentary Committee (Copac), the …

American Tourist Recovering From Lion Attack In Zim

American Tourist Recovering From Lion Attack In Zim http://www.radiovop.com 08/05/2011 14:17:00 San Diego, May 08, 2011- A dream vacation turned into a nightmare for an East County woman who was attacked by a lion while on a safari with her husband in Zimbabwe. Colleen Garbaczewski and her husband, who live in the quiet Singing Hills neighborhood near Rancho …

Free ZESA bulbs could be deadly

Free Zesa bulbs could be deadly http://www.thestandard.co.zw/ Sunday, 08 May 2011 12:10 BY NQABA MATSHAZI ENERGY saving bulbs, which power utility Zesa wants to distribute, could cause cancer, a study revealed.Zesa claims that it wants to distribute six million bulbs in the next three months, but studies have revealed that the bulbs contain mercury, which could cause breast …

Chinese contractor ‘ill-treating workers’

Chinese contractor ‘ill-treating workers’ http://www.thestandard.co.zw/ Sunday, 08 May 2011 17:49 BY JENNIFER DUBE WORKERS at a local construction company in Harare are up in arms against their Chinese employer whom they accuse of ill-treating them.Shanxi Corporation workers are accusing their employer of charging them exorbitant rentals for sub-standard company accommodation. “There are between 40 and 50 resident …

What a shameless lie

What a shameless lie http://www.thezimbabwean.co.uk/ Written by The EditorFriday, 06 May 2011 16:46 After a decade in which political violence has become a byword for elections in Zimbabwe, Police Commissioner General Augustine Chihuri  and his officers were only last week able to identify the chief culprits behind the mayhem that passes for elections in this country. But what …

Tsvangirai Opts For Indigenisation

Tsvangirai Opts For Indigenisation http://www.radiovop.com/ 07/05/2011 17:39:00 JOHANNESBURG, May 07, 2011- Zimbabwe MDC leader says at World Economic Forum he supports indigenisation policy that stipulates locals own 51% of the shares in foreign companies ZIMBABWEAN Prime Minister Morgan Tsvangirai yesterday voiced support for his country’s controversial indigenisation policy, which stipulates that locals should own at least 51% of the …

Depositors’ safety net a trifle US$1m

Depositors’ safety net a trifle US$1m http://www.theindependent.co.zw/ Friday, 06 May 2011 17:28 Brian Chitemba DEPOSITS insurance in the country is weak and account holders do not have a strong safety net to cushion them in the event of banks collapsing.The Deposits Protection Board (DPB) –– created under the Banking Act Chapter 24:20 to administer the Deposit Protection …

Zimbabwe’s top legal mind Advocate Chikumbirike dies

Zimbabwe’s top legal mind Advocate Chikumbirike dies http://www.africalegalbrief.com/ Friday, 06 May 2011 07:51 The legal fraternity yesterday described prominent lawyer Mr George Charles Chikumbirike who died on Wednesday as a legal icon who contributed immensely to the development of law in Zimbabwe.He was 56. Mr Chikumbirike, who died at St Annes Hospital after a short illness, was arguably …

Zim’s balance of trade likely to fall

Zim’s trade balance likely to fall http://www.dailynews.co.zw By Roadwin Chirara, Staff WriterFriday, 06 May 2011 16:00 HARARE – Zimbabwe’s the trade balance is likely to deteriorate by more than three percent of gross domestic product (GDP) in 2011, the International Monetary Fund (IMF) has said. According to the Bretton Woods institution’s regional economic outlook sub-Saharan Africa, global commodity …