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Zimbabwe

Zimbabwe: Foreign Firms Have a Week Deadline to Cede Majority Stakes to Locals

March 24, 2016 Steven Addamah 0

Foreign businesses in Zimbabwe have until April 1 to comply with the country new equity laws that compel them to cede at least 51 percent […]

WFP Needs $220 mln to Assist Drought-Hit Zimbabwe

March 16, 2016 Pawla Nibramich 0

The United Nations’ food agency on Wednesday said it needed $220 million in funding to provide assistance to drought-hit Zimbabwe until March 2017. A regional […]

Zimbabwe: $10bn Compensation for Evicted White Farmers Considered

March 12, 2016 Khalid Al Mouahidi 0

Zimbabwe’s Finance Minister on Friday said the government plans to compensate white farmers for land seized and has begun evaluating the properties. Farmers may be […]

US Extends Sanctions against Zimbabwe

March 3, 2016 Khalid Al Mouahidi 0

President Barack Obama announced yesterday he was extending US sanctions on Robert Mugabe’s regime for another year, saying the current regime represents “an unusual and […]

Zimbabwe: UNDP to Disburse $60 mln for Food Aid

February 10, 2016 Khalid Al Mouahidi 0

The United Nations Development Program on Wednesday said it has raised $60 million for food aid in Zimbabwe, a country hit by severe drought, with […]

Zimbabwe’s Chief Prosecutor Granted Bail

February 4, 2016 Khalid Al Mouahidi 0

Zimbabwe’s chief prosecutor has been granted $1000 bail and ordered to surrender his passport after being charged with abuse of office and obstructing justice. Johannes […]

Zimbabwe secures $200 mln from Afreximbank to import maize

January 22, 2016 Khalid Al Mouahidi 0

Zimbabwe has secured a $200 million loan from Africa Export and Import Bank (Afreximbank) to import maize in 2016, as 10 percent of the population […]

Some 14 million people face hunger in Southern Africa, WFP

January 19, 2016 Geraldine Boechat 0

The United Nations World Food Program (WFP) on Monday said it is increasingly concerned about food security for an estimated 14 million people in southern […]

Zimbabwe: Mining companies put new projects on hold

January 15, 2016 Khalid Al Mouahidi 0

Zimbabwe’s mining industry will shrink for the first time in five years because of falling metal prices, high costs and a lack of capital, the […]

Zimbabwe to import 700k tons of maize after poor harvest

January 5, 2016 Geraldine Boechat 0

Zimbabwe plans to import 700 000 tons of the staple maize grain to plug a deficit after bad weather affected the crop from the current […]

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