World Bank upbeat on Zim recovery

World Bank upbeat on Zim recovery http://www.thestandard.co.zw/ Sunday, 03 April 2011 13:49 BY KUDZAI CHIMHANGWA THE World Bank says it is upbeat about Zimbabwe’s economic future after the inclusive government adopted a strategy to reduce its US$7 billion arrears to international lenders.“Zimbabwe has adopted a hybrid strategy to cover its debts and we at the bank are confident …

Wives camp at auction floors

Tobacco selling season: Wives camp at auction floors http://www.thestandard.co.zw/ Sunday, 03 April 2011 14:07 BY PATIENCE NYANGOVE AS the tobacco selling season gains momentum many women whose families grow the golden leaf have decided to follow their husbands to the auction floors to ensure that their spouses do not squander the money on booze and commercial sex workers. …

Zim empowerment plans worry IMF

Zim empowerment plan worries IMF http://www.zimonline.co.za by Tobias Manyuchi     Saturday 02 April 2011SAVIOUR KASUKUWERE . . . Indigenisation Minister HARARE – The International Monetary Fund (IMF) has raised concern at Zimbabwe’s controversial drive to force foreign-owned mining firms to sell majority stake to local blacks, ZimOnline learnt on Friday. Government officials said an IMF team that left …

US internet executive under fire for killing an elephant in Zimbabwe

US Internet Executive Under Fire For Killing An Elephant In Zimbabwe http://www.voanews.com Following the posting of a video showing Bob Parsons shooting a “problem” elephant, animal rights activists quickly launched a campaign to boycott his Web domain name-hosting business, GoDaddy.com Sandra Nyaira | Washington  01 April 2011 Competing US domain name providers were offering promotions encouraging potential customers …

VP Nkomo allegedly pays farm staff US$50

VP Nkomo allegedly paying farm staff US$50 http://www.newzimbabwe.com/ 01/04/2011 00:00:00 by Staff Reporter VICE President John Nkomo allegedly pays his farm hands a paltry US$50 per month, two ex-employees jailed for stealing from him have claimed. Qhawe Sibanda, 32, and Nhlanhla Siziba, 31, were jailed for nine years when they appeared before a Bulawayo magistrate accused of …

Zimbabwe magistrates strike on Monday

Zimbabwe Magistrates Strike On Monday http://www.radiovop.com 02/04/2011 10:39:00 Harare, April 02, 2011 – Zimbabwe’s magistrates will on Monday finally embark on a countrywide strike action for an indefinite period to press for an increase in their salaries. In a statement issued Friday, the Magistrates Association of Zimbabwe said its members were disheartened by the lack of commitment by …

Property rights under attack

Comment: Property rights under attack http://www.theindependent.co.zw/ Friday, 01 April 2011 12:44 AFTER earlier unnerving markets with indigenisation regulations compelling foreigners to dispose of controlling stakes in companies valued at US$500 000 to indigenous Zimbabweans, Youth Development, Indigenisation and Empowerment minister Saviour Kasukuwere, as we report in more detail elsewhere in this paper, is at it again. He has amended …

New mining BEE law a bombshell

New mining BEE law a bombshell — Analysts http://www.theindependent.co.zw/ Friday, 01 April 2011 13:05 Chris Muronzi WHEN government gazetted empowerment regulations compelling foreigners to “cede” controlling stakes in companies valued at US$500 000 to indigenous Zimbabweans in March last year, foreign investors on the Zimbabwe Stock Exchange (ZSE) retreated, triggering a share plunge on the exchange until the last …

Farmers sceptical about complicated exchange market

Farmers Sceptical About “Complicated” Exchange Market http://www.ipsnews.net/ By Stanley Kwenda HARARE, Mar 30, 2011 (IPS) – Kindness Paradza has a mission. After he lost his job as a journalist when the ZANU-PF government closed his newspaper in 2004, he ploughed his life savings into a 2,000 ha farm he received as part of Zimbabwe’s controversial “land reform programme”. …

Break the monopoly, diversify economy – ZSDA

  Break the monopoly, diversify economy – ZSDA The multipurpose use of sugarcane has brought hope and diversity in Zimbabwe with the demand of ethanol on the increase for fuel and power generation. Further, the monopoly in the sugarcane milling sector will soon be broken with the commissioning of a second milling plant earmarked for …