Tycoon riles villagers over land http://www.dailynews.co.zw By Business WriterMonday, 18 April 2011 17:03 HARARE – Tycoon Billy Rautenbach’s lowveld investment companies have reportedly clashed with villagers in Chipinge over land rights. Through Macdom and Rating Investments, the business magnate entered into a joint venture with the Agricultural Rural Development Authority, Arda, to build a US$600 million ethanol plant, …
Two million Zimbabweans lose cell phone contact http://www.swradioafrica.com By Alex Bell18 April 2011 About two million Zimbabweans have had their cell phones cut off by the government Telecommunications Authority, for failing to register their sim cards. The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has announced that at least 2.1 million Econet Wireless and Telecel subscribers have been …
Zesa wants country to use energy-saving bulbs http://www.timeslive.co.za Apr 16, 2011 1:16 PM | By VLADIMIR MZACA Zimbabwe has a shortfall of 400 megawatts (MW) of electricity of the 2000MW required daily and the country’s power utility intends to cover that through the introduction of energy-saving legislation. The country currently produces only 1300MW and imports 300MW, leaving …
Govt won’t pay for mining shares: Kasukuwere http://www.newzimbabwe.com/ 17/04/2011 00:00:00 by Business Reporter IN remarks that may rattle the country’s mining sector further, Indigenisation and Empowerment minister, Saviour Kasukuwere has hinted that the government may consider the value of minerals to be equal to 51 percent of the value of companies and so pay them nothing. Under the …
Fish population below Sadc average http://www.thestandard.co.zw/ Saturday, 16 April 2011 21:20 BY CHIPO MASARA IN a country where the majority live in abject poverty and struggle to put food on the table, fishing is contributing immensely towards food security and income generation in Zimbabwe.Unfortunately, owing to detrimental fishing methods, the fish population has been dwindling in the country’s …
Workers attach minister’s property http://www.theindependent.co.zw/ Sunday, 17 April 2011 09:24 BY JENNIFER DUBE EMPLOYEES at a company where Youth Development, Indigenisation and Empowerment minister Saviour Kasukuwere is a partner have seized property worth US$63 440 to recover their overdue salaries. The UTc Victoria Falls workers attached the property with the help of the Deputy Sherriff after obtaining a …
Zanu (PF) steals farm, land and future http://www.thezimbabwean.co.uk Written by Tony SaxonFriday, 15 April 2011 11:13 Named & ShamedFive Zanu (PF) ministers among the senior party officials to join the looting spree at Kondizi Farm: Didymus Mutasa, Joseph Made, Christopher Mushohwe, Munacho Mutezo and Mike Nyambuya. Stolen equipment48 tractors4 Scania trucks5 UD trucks26 motorbikesseveral T35 trucks MUTARE …
Zim unemployment at 70% http://www.dailynews.co.zw By Eric ChirigaSaturday, 16 April 2011 13:50 HARARE – Zimbabwe’s unemployment rate remains very high at 70 percent, with only 850 000 people formally employed out of a 12 million population, a leading economic researcher has said. Economic analyst John Robertson said the number of formally employed Zimbabweans is equal to that of …
Chombo to return disputed property http://www.dailynews.co.zw By Xolisani Ncube, Staff WriterFriday, 15 April 2011 12:20 HARARE – Local government minister Ignatious Chombo will surrender the controversial prime land in Helensvale, Harare, which he is accused by Harare City Council of illegally acquiring through his company, Harvest Nest Enterprises. Chombo together with businessman Phillip Chiyangwa were named in a …
Zimbabwe inflation eases to 2,7% http://mg.co.za/ HARARE, ZIMBABWE – Apr 15 2011 13:38 Zimbabwe’s inflation eased in March to 2,7%, down from 3% in February, thanks to lower prices for telecommunications and medicine, the government said on Friday. The Southern African country suffered a decade of runaway prices amid hyperinflation. The economy stabilised after the government abandoned the …