Category: Finance and Economics (archives)

Zim needs billions to bring infrastructure to acceptable levels http://www.engineeringnews.co.za By: Natasha Odendaal8th February 2013 It would take several years and at least $15-billion to bring Zimbabwe’s basic infrastructure back to an acceptable level, said Frost & Sullivan environmental and building technologies research analyst Derrick Chikanga. Speaking to Engineering News Online, he said the infrastructure in the country …

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Intensifying government bankruptcy http://www.theindependent.co.zw/ February 8, 2013 in Opinion A WEEK ago, many newspapers and other media reported that Finance minister Tendai Biti stated that, after payment of January salaries to the civil service, the balance remaining in the state’s coffers was US$217, evidence that “government finances are in paralytic state”. Column by Eric Bloch Almost immediately after …

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Industry revival under threat from imports http://www.thestandard.co.zw February 3, 2013 in Business ZIMBABWE imports more than it exports raising fears that the country is accelerating its de-industrialisation, central bank governor Gideon Gono has warned. BY KUDZAI CHIMHANGWA Gono’s warning comes at a time the country recorded a trade deficit of US$3,6 billion last year as the economy recorded …

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We have a pragmatic solution to Zimbabwe’s economic problems: CFU http://www.thezimbabwean.co.uk/ 17.01.13 by Nelson Sibanda The Zimbabwe Commercial Farmers Union has told journalists at a press conference in Harare today, that it has a fair and pragmatic proposal which if adopted by government will pull Zimbabwe out of its current economic mess. “We at the CFU have over …

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Govt urged to leave Comez http://www.thestandard.co.zw January 6, 2013 in Business FARMERS have urged the government to stop interfering in the setting up of the Commodity Exchange of Zimbabwe (Comez), insisting the process must be private sector-driven to ensure efficiency. REPORT BY OUR STAFF Comez was launched two years ago but has not operated because of bureaucracy, lack …

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Chisumbanje ethanol set for mandatory blending http://www.theindependent.co.zw/ January 4, 2013 in News THE Chisumbanje Ethanol Project is set to resume production on Monday after the adoption of recommendations of the inter-ministerial committee chaired by Deputy Prime Minister Arthur Mutambara. Report by Brian Chitemba After a series of visits and meetings, the cabinet committee finally agreed on an adoption …

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