IN a move with damaging implications for investment, Zimbabwe plans to grab a 51% stake in foreign-owned firms within 60 days of the gazetting of the Indigenisation and Economic Empowerment Act regulations, documents in the possession of the Zimbabwe Independent show.
Zimbabwe's opposition Movement for Democratic Change (MDC) last night ended its boycott of the new unity government but will give President Robert Mugabe a month to fully implement a power- sharing deal, Prime Minister Morgan Tsvangirai said.
Two NMB Bank security personnel have been dragged to court for allegedly stage-managing the robbery of US$150 000 and R150 000 they were transporting from Mutare to Harare.
POLITICAL events happening over the past two weeks have been so quick it took some time to understand them.
It is much clearer today in 2009 that every African country governed by a former popular black African struggle movement against Caucasian international Western colonialism, is under severe pressure.
The United Kingdom Border Agency has suspended scheduled deportation flights for failed Zimbabwean asylum seekers, following strong protestations by the MDC-UK.
Zimbabwe's major pharmaceutical companies are facing collapse owing to the influx of cheap donor drugs, the Parliamentary Portfolio Committee on Health and Child Welfare heard yesterday.
MWANA Africa has secured US$10 million funding for Freda Rebecca Mine from the Industrial Development Corporation of South Africa. This loan facility is expected to enable Mwana to accelerate the implementation of the mine's refurbishment programme which is expected to spur the gold mining company's output to more than 50 000 ounces of gold per year.
The credibility of the world's "blood diamond" monitoring group has been damaged after its failure this week to suspend Zimbabwe despite overwhelming evidence of serious human rights abuses and smuggling in the Marange diamond fields in eastern Zimbabwe, Human Rights Watch said today.
The MDC are saying that they are happy with the SADC Summit and that Mugabe has a 30 day deadline to implement the GPA.
Pascal Gwezere, the MDC Transport Manager who was abducted at gunpoint from his house in Harare last Tuesday, has made another appearance in court. He first appeared in court last Saturday, four days after he went missing. He is being accused of undergoing military training in Uganda and stealing firearms from Pomona Army Barracks in Harare. He denies all the allegations.
The regional SADC Troika summit held in Maputo, Mozambique on Thursday toughened up its stance on Zimbabwe by giving all parties the 6th December as the deadline to implement all outstanding issues.
A 79 year old widow has been given a month to vacate her dairy farm and home of 50 years, or face a jail term, after she was convicted earlier this year for failing to vacate her farm.
Harare mayor Muchadeyi Masunda is a troubled man. When he took office in July 2008, one of his most immediate tasks was to resolve the water crisis in the capital.
Zimbabwe's opposition leader Morgan Tsvangirai announced that his party would end its boycott of the country's unity deal and give President Robert Mugabe's party 30 days to fulfill its commitments under their power-sharing agreement.
