Audit reveals rot at GMB

Audit reveals rot at GMB http://www.dailynews.co.zw/ By Lloyd Mbiba, Staff WriterSunday, 18 March 2012 11:51 HARARE – The loss making Grain Marketing Board (GMB), is being run by incompetent people who have contributed to its inability to sustain itself on commercial activities, an audit report has revealed. The audit report sent to the Comptroller and Auditor General …

Industry wants Zesa board fired

Industry wants Zesa board fired http://www.dailynews.co.zw By Taurai Mangudhla, Business WriterSunday, 18 March 2012 12:20 HARARE – State-owned power utility Zesa Holdings should dissolve its board of directors for failing to collect $500 million tariff arrears from consumers, Confederation of Zimbabwe Industries president Joseph Kanyekanye said yesterday. He told the Daily News on Sunday the directors’ failure to …

Standard Comment: Zesa denials shield electricity looters

Standard Comment: Zesa denials shield electricity looters http://www.thestandard.co.zw/ Zesa Holdings has always maintained a veil of secrecy around the accounts of politicians who are not paying their astronomical bills.Hiding behind client confidentiality, Zesa is trying to sweep under the carpet a brewing scandal involving the politicians. But it’s now a matter of public record that ministers, permanent secretaries, …

Local banks get lifeline

Local banks get lifeline http://www.thestandard.co.zw/ Saturday, 17 March 2012 15:50 BY NDAMU SANDUGOVERNMENT is working with the African Export-Import Bank (Afreximbank) to introduce a financial instrument that can be used as security in inter-bank placements. Information obtained on Friday shows that the instrument will be backed by performing trade-related loans of banks which could then be used as …

Ben Freeth speech to Royal Geographical Society

Ben Freeth speech to Royal Geographical Society This is the text of a speech presented by Ben Freeth at the Royal Geographical Society in London on Wednesday 14 March for the launch of the Mike Campbell Foundation, together with a photo. His co-presenters were Dr John Sentamu, the Archbishop of York who, as a High Court judge in …

Mangoma dates Mozambique

Mangoma dates Mozambique http://www.dailynews.co.zw/ By Xolisani Ncube, Staff WriterFriday, 16 March 2012 12:43 HARARE – Energy and Power Development minister Elton Mangoma has been jolted into action as large parts of the country face darkness over Mozambique’s decision to switch off Zimbabwe due to an unpaid debt. Mangoma told the Daily News yesterday he would be travelling …

Govt criticised for ‘hypocrisy’ over Transfrontier Conservation Park

Govt criticised for ‘hypocrisy’ over Transfrontier Conservation Park http://www.swradioafrica.com/ By Alex Bell16 March 2012 Zimbabwe‘s government is facing criticism for a display of ‘hypocrisy’, after signing off on the country’s involvement in a transfrontier conservation area this week. Five Southern African nations, including Zimbabwe, have agreed to form the world’s largest international conservation area, with the aim of …

5 southern African countries form the world’s biggest wildlife conservation area

5 southern African countries form the world’s biggest wildlife conservation area http://www.washingtonpost.com/ By Associated Press, Updated: Friday, March 16, 2:37 AM JOHANNESBURG — Five Southern African nations on Thursday agreed to form the world’s largest international conservation area in an effort to protect nearly half of the continent’s elephants and a vast range of animals, birds and plants, …

Mozambique denies cutting Zimbabwe power over debts

  Mozambique denies cutting Zimbabwe power over debts (AFP) – 6 hours ago HARARE — Mozambique’s Cahora Bassa dam on Thursday denied cutting power to Zimbabwe, which had claimed the state-owned company had pulled the plug over unpaid bills totalling around $75 million. “Hydro Cahora Bassa switched off supplies to Zimbabwe on Thursday or Friday last week over …

Moz cuts power to Zimbabwe

Moz cuts power to Zimbabwe http://www.iol.co.za March 15 2012 at 02:27pm Mozambique has cut off electricity supply to Zimbabwe over unpaid debts totalling $75 million, causing rolling power outages, Zimbabwe’s energy minister said on Thursday. “Hydro Cabora Bassa switched off supplies to Zimbabwe on Thursday or Friday last week over the money owed which is around $75 million …