Zimbabwe’s potential should not be ignored

Zimbabwe’s potential should not be ignored: Analysts http://www.newzimbabwe.com 24/03/2011 00:00:00 by INVESTORS should not ignore Zimbabwe’s economic potential following the announcement of the $30 million facility agreement between the IDC and the Agricultural Bank of Zimbabwe, the founding partner of SA-based Musa Capital, Antoine Johnson has said. Along with Zimbabwe’s Neverseez Capital, Musa Capital was a co-adviser for the …

Zimbabwe drought could translate into US$300 million grain purchase cost

Zimbabwe Drought Could Translate Into US$300 Million Grain Purchase Cost http://www.voanews.com/ With the government keeping international and non-governmental partners at arm’s length over their alleged politicization of food, sources say ordinary Zimbabweans may end up suffering as Harare is ill-prepared Sandra Nyaira | Washington  21 March 2011 Agricultural and food experts have been voicing concern for some …

NSSA increases pension payouts

NSSA Increases Pension Payouts http://www.radiovop.com 21/03/2011 11:54:00 Harare, March 21, 2011 – The financially beleaguered National Social Security Authority (NSSA) has increased pension payouts from US 25 per month to US$ 40. This comes after much and heated debate by pensioners that the payouts were very low. The Minister of Labour and Social Services, Paulina Mpariwa, approved the increases …

Proposed RBZ law bad for business

‘Proposed RBZ law bad for business’ http://www.theindependent.co.zw/ Thursday, 17 March 2011 15:09 Paidamoyo Muzulu LAWYERS have slated the General Laws Amendment (GLA) Bill that seeks to give immunity to Reserve Bank of Zimbabwe property from execution for the $1,2 billion debt the bank largely accrued during its quasi-fiscal activities between 2003 and 2008.Clause 13 of the Bill seeks …

Central bank chief proposes compensation for dollarisation victims

Central Bank Chief Proposes Compensation for Dollarisation Victims http://www.voanews.com/ Finance Minister Tendai Biti projected in 2010 that the payout may amount to US$6 million but the bill ballooned to more than US$18 million with allegations that some so-called vultures were inflating their bank balances. Gibbs Dube | Washington  15 March 2011 The Reserve Bank of Zimbabwe Governor …

GDP must reach US$15bn before Zimdollar returns

GDP must reach US$15bn before Zimdollar returns http://www.theindependent.co.zw/ Friday, 11 March 2011 09:48 Bernard Mpofu FINANCE minister Tendai Biti says Zimbabwe has to grow its economy to US$15 billion and bolster its current account position before bringing back the now redundant local currency. This task for government, which is targeting a Gross Domestic Product of US$9 billion by …

Zim Euromoney Conference – no time for mixed messages

Zim Euromoney Conference – no time for mixed messages By Clifford Chitupa Mashiri, Political Analyst, London 08/03/11 How Zimbabwe will manage to lure investors at the Euromoney Conference which opened in Harare Tuesday, a day after Zanu-Pf youths reportedly seized a South African company’s project, EasiPark is mind-boggling. With the country short of US$10 billion for capital …

Keynote address by PM Tsangirai at Euromoney Investment Conference

Keynote Address by PM Tsvangirai at the Euro Money Investment Conference   KEYNOTE ADDRESS BY THE PRIME MINISTER OF THE REPUBLIC OF ZIMBABWE, THE RIGHT HONOURABLE M.R. TSVANGIRAI AT THE EURO MONEY INVESTMENT CONFERENCE, HARARE 8-9 MARCH 2011   Deputy Prime Ministers Professor Mutambara and Hon Khupe Government ministers here present Your Worship, the Mayor …

Govt tried to lure investment despite mounting violence

Govt tries to lure investment despite mounting violence http://www.swradioafrica.com/ By Alex Bell08 March 2011 The unity government is this week once again trying to lure international investment into Zimbabwe, despite mounting violence across the country and fears of worse to come. The three principals in the coalition government, Robert Mugabe, Morgan Tsvangirai and Arthur Mutambara, on Tuesday launched …

Zim Euromoney Conference

ZIM EUROMONEY CONFERENCE 300 Business Tycoons Gather for Investment Conference http://www.radiovop.com 08/03/2011 16:45:00 Harare, March 08, 2011 – More than 300 business executives from South Africa, London and the United states of America (US) are gathered in Harare for a one-day investment conference organised by Euro money Conferences in London. The conference theme was: Zimbabwe – The Emerging …