Blog Archives

ZANU PF guru displaces informal traders

via ZANU PF guru displaces informal traders | SW Radio Africa by Nomalanga Moyo on Wednesday, May 7, 2014 Informal traders in Mutare are said to be up in arms with the local authority after officials signed a deal handing over the

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Women in informal sector bear brunt of economic collapse

via Women in informal sector bear brunt of economic collapse | The Zimbabwean 07.05.14 by Marcus Tawona The continuous closure of companies in Manicaland province is impacting negatively on the lives of women the informal sector as more people can no longer afford

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Labour laws must change in Zimbabwe

via Labour laws must change | The Zimbabwean 07.05.14 by Clemence Machadu The arguments of the trades unions against labour market flexibility proposals by Finance Minister Patrick Chinamasa are quite interesting. For starters, they say that touching the Labour Act would mean a

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RBZ governor urges discipline on indigenisation

via New RBZ governor urges discipline on indigenisation | The Source  May 7, 2014 The new central bank governor, John Mangudya on Wednesday urged government to strike a balance between its indigenisation policy and promotion of foreign direct investment to revive the

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Indigenisation: Chinamasa offers investors “reassurance”

via Indigenisation: Chinamasa reassures investors May 7, 2014 by Everson Mushava for NewsDay GOVERNMENT has once again signalled a major climbdown in its empowerment and indigenisation policy with Finance minister Patrick Chinamasa assuring foreign investors that no one would take 51% of

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Chinese Premier goes on African safari but skips Zimbabwe

via Chinese Premier ducks Zim – DailyNews Live by Fungi Kwaramba  7 MAY 2014 Chinese Prime Minister Li Keqiang is on an African safari, strengthening ties with resource-rich nations but will not come to Zimbabwe. During his African tour, his first since

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ZimAsset worst policy since 1980, Biti

via ZimAsset worst policy since 1980, Biti 06/05/2014 NewZimbabwe THE only way Zimbabwe can overcome its current economic and political crises is for all key players to come together and draft a new economic blue-print, former finance minister and opposition leader Tendai

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China demands minerals as security for ZimAsset bailout

via China demands minerals as security for ZimAsset bailout | SW Radio Africa by Nomalanga Moyo on Wednesday, May 7, 2014 The Zim and Chinese governments are reported to be working on a rescue package that could see ZANU PF receiving billions

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Zimbabwe, risky investment destination: Australia

via Zim, risky investment destination: Australia – DailyNews Live  7 MAY 2014 Australia says investing in Zimbabwe is extremely risky, likening the move to swimming in the dangerous crocodile-infested Zambezi River. Matthew Neuhaus, the country’s ambassador to Zimbabwe, on Monday told

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Zimbabwe needs new jobs plan – World Bank

via Zim needs new jobs plan – World Bank | The Source May 7, 2014 Zimbabwe urgently needs a short-term plan for job creation and to fully implement the International Monetary Fund assisted Staff Monitored Programme to rekindle its sluggish economy, a

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Private sector executives ask “Where is Zimbabwe going?”

via Where are we going? – DailyNews Live by Kudzai Chawafambira  7 MAY 2014 A litany of warnings from senior executives at listed companies is signalling that Zimbabwe’s economy faces significant mayhem for the next several quarters, with a recovery not likely

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West disappointed at #mugabe’s lack of cooperation

via West disappointed at Mugabe’s lack of cooperation | The Zimbabwean 06.05.14 by Nelson Sibanda Western diplomats are disappointed with the government’s reluctance to reciprocate their efforts to engage Harare. Australia Ambassador Mathew Neuhaus said the state was complicating matters by its confusing

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Zimbabwe open to FDI – Chinamasa

via Zim open to FDI — Chinamasa – NewsDay Zimbabwe May 7, 2014 ZIMBABWE is open to foreign direct investment (FDI) from anywhere in the world and is ready to re-integrate into the global economy, Finance minister Patrick Chinamasa has said. Speaking

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Let’s end hostility with West: Chinamasa

via Let’s end hostility with West: Chinamasa 06/05/2014 by Xinhua NewZimbabwe ZIMBABWE is ready to fine-tune policies to lure foreign investment instead of enforcing policies that might cause confrontation with foreign investors, the country’s top economic official said Monday. Finance Minister Patrick Chinamasa

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Zimbabwe Urged to Respect Rule of Law to Fit in Global Community

via Zimbabwe Urged to Respect Rule of Law to Fit in Global Community by Thomas Chiripasi 06.05.2014 VOAZimbabwe The two-day Southern African Political Economy Series (SAPES) Trust and National Endowment for Democracy (NED) conference on Zimbabwe ended in Harare on Tuesday with participants urging

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