White-collar crime ails economy

White-collar crime ails economy http://www.theindependent.co.zw/ October 12, 2012 in Opinion AS often stated in this column, there are many causes of Zimbabwe’s severe economic problems. Eric Bloch Column Most of the economic morass stems from the ruling politicians’ penchant for pursuing destructive policies. These range from deterring much-needed foreign direct investment (FDI) and domestic investment, to gross fiscal mismanagement …

Tariff reforms needed to revive industry

Tariff reforms needed to revive industry http://www.theindependent.co.zw/ October 5, 2012 in Opinion THE massive contraction of the manufacturing sector is as clear as day. Notwithstanding the innumerable factors which have caused economic decline over the last 15 years, the decimation of the manufacturing sector has contributed immensely to that decline.Eric Bloch ColumnMore than 100 industrial operations have ceased …

Regional blocs seek to remove trade barriers

Regional blocs seek to remove trade barriers http://www.thestandard.co.zw September 30, 2012 in BusinessTHREE regional economic communities (Recs) have taken the lead as Africa seeks to remove trade barriers by 2017. Report by Ndamu Sandu The establishment of a Continental Free Trade Area (CFTA) was endorsed by African Union leaders at a summit in January to boost intra-Africa …

Minister Biti: Save Conservancy Invasion Irks IMF, ADB

Minister Biti: Save Conservancy Invasion Irks IMF, ADB http://www.voazimbabwe.com Blessing Zulu, Gibbs Dube28.09.2012 Finance Minister Tendai Biti has expressed serious concern over the chaos at the Save Valley Conservancy saying it has the potential to scuttle Zimbabwe’s chances of getting debt forgiveness from the Mnternational Monetary Fund (IMF), and the African Development Bank and other interntional finance institutions. Senior …

Zim under pressure over IMF debt

Zim under pressure over IMF debt http://www.theindependent.co.zw/ September 21, 2012 in NewsGOVERNMENT will today come under increasing pressure to settle its debt with the International Monetary Fund (IMF) amid indications three countries, including Sudan, Somalia and Zimbabwe, as at June-end owed the international financial institution Special Drawing Rights (SDR)1,3 billion (US$2,007 billion at the rate of SDR1:US$1,54228 yesterday) in …

Zimbabwe Needs Loans to Revive Economy, Finance Minister Says

Zimbabwe Needs Loans to Revive Economy, Finance Minister Says http://www.voanews.com/ Sebastian MhofuSeptember 07, 2012 HARARE — Zimbabwe’s economy is growing but has yet to recover from the catastrophic collapse it suffered in the decade prior to 2009. This week the country’s finance minister said he will seek loans from neighboring countries in hopes of meeting some urgent needs …

Zim needs agricultural recovery

Zim needs agricultural recovery http://www.theindependent.co.zw/ September 7, 2012 in OpinionZIMBABWE needs to restore fiscal viability and probity, ensure substantive growth of the mining sector, rehabilitation of the manufacturing sector, and reinstate a comprehensive, and fully serviceable infrastructure among many issues. Report by Eric Bloch However, among Zimbabwe’s foremost requirements is a substantive recovery and growth of the agricultural sector. …

Parliament committee summons Gono

Parliament committee summons Gono http://www.newzimbabwe.com 02/09/2012 00:00:00by Staff Reporter THE parliamentary committee on agriculture has demanded that Reserve Bank of Zimbabwe (RBZ) governor, Gideon Gono, reveal the names of people who benefited from the US$200 million farm mechanisation programme which was managed by the central bank. The RBZ chief has admitted that the scheme, carried out between 2007 …

Agribank finalises US$30m credit line

Agribank finalises US$30m credit line http://www.theindependent.co.zw/ August 31, 2012 in BusinessTHE Agricultural Bank of Zimbabwe (Agribank) is finalising negotiations with the Industrial Development Corporation of South Africa (IDCSA) on a US$30 million fund for possible disbursement as of October this year. Gamma MudarikiriThe bank’s director of marketing and business development, Joseph Mverecha, said the funds were expected to …

Netone cut off by Econet over multi million dollar debt

Netone cut off by Econet over multi million dollar debt http://www.swradioafrica.com By Alex Bell23 August 2012 A multimillion dollar debt owed to wireless network provider Econet, by the state owned mobile operator NetOne, has resulted in all interconnection services between the two being cut off. Econet announced the termination of the service this week in a public notice, …