Chinese firm fails environment assessment

Chinese firm fails environment assessment http://www.financialgazette.co.zw Friday, 15 June 2012 11:55 BULAWAYO — Plans by Africa Sunlight Energy to commercially exploit methane gas in Matabeleland North have suffered a major blow after the Chinese firm failed an Environmental Impact Assessment (EIA).The company has since been ordered to halt operations, dashing hopes for alternative power generation in the region.Africa …

ZESA Lost Money to RBZ – Comptroller and Auditor General

ZESA Lost Money to RBZ – Comptroller and Auditor General http://www.radiovop.com 10 hours 27 minutes agoFont size: HARARE – June 16, 2012 – Zimbabwe Electricity Supply Authority (ZESA) has lost slightly over US$1million from its tobacco farming activities after the funds were forfeited by the Reserve bank of Zimbabwe (RBZ), the Comptroller and Auditor General Mildred Chiri has …

GPA Negotiators to Finalise on Draft Constitution

GPA Negotiators to Finalise on Draft Constitution http://www.radiovop.com 10 hours 27 minutes agoFont size: Decrease font Enlarge font HARARE, June 16, 2012 – THE Parliamentary Constitution Select Committee (COPAC) management committee goes on a three-day retreat on Sunday at a secret location in desperate attempts to break the gridlock over the final draft of the proposed new constitution. …

Food Production in Zimbabwe

Eddie Cross: Food Production in Zimbabwe http://www.swradioafrica.com/ 15th June 2012 Dear Jupiter I read your note on the link between food production and the destruction of white owned farms and thought that it needed a response. As you might know I was Chief Economist at the Agricultural Marketing Authority up to Independence and have been involved in agriculture …

ZESA slammed for sticking with estimated bills

ZESA slammed for sticking with estimated bills http://www.swradioafrica.com/ By Alex Bell15 June 2012 Zimbabwe’s Electricity Supply Authority (ZESA) has been slammed for continuing to issue estimated bills to power users across the country, despite the unreliable service provided. ZESA’s Chief Executive, Josh Chifamba, said this week that the power utility does not have the money to pay for …

Business confidence waning

Business confidence waning http://www.theindependent.co.zw/ Thursday, 14 June 2012 17:44 A KEY requisite  for a viable, successful and growth-oriented economy is business confidence.  When a businessman lacks confidence in the viability and future of the economic environment in which he operates, he becomes despondent and depressed, thereby diverting attention from the requirements of his business. This interferes with decision-making and …

Looting spree at Interfin Bank unearthed

Looting spree at Interfin Bank unearthed http://www.theindependent.co.zw/ Friday, 15 June 2012 09:20 AN official investigation into the operations of Interfin Banking Corporation (IBC) unearthed wholesale looting that left the bank reeling from non-performing insider loans of US$60 million, poor corporate governance and general abuse of depositors’ funds by the bank’s shareholders and individuals linked to them, the Zimbabwe Independent …

Tone for engagement on Zim set

Tone for engagement on Zim set http://www.theindependent.co.zw/ Thursday, 14 June 2012 17:51 David Mutomba WHILE stories about the recent visit to Zimbabwe by UN Human Rights Commissioner Navanethem Pillay have been well-covered by the media, the implications of her trip, which will linger for a long time to come, need attention. The visit thrust Zimbabwe and its human …

More troubles for Arda, Green Fuel deal?

More troubles for Arda, Green Fuel deal? http://www.dailynews.co.zw Written by Business WriterThursday, 14 June 2012 16:04 HARARE – As agriculture minister Joseph Made has disowned Green Fuel’s multi-million dollar deal with the Agricultural Rural Development Authority (Arda), it has emerged that the parastatal could have violated its own mandate and statutes on agricultural development. While Authority chairperson Basil …