Africa In The News

Zim policies under spotlight at Joburg summit

JOHANNESBURG, June 23– Hurdles faced by South African business people when doing business in Zimbabwe are in the spotlight at the three-day Zimbabwe-South Africa Investment Conference taking place in Sandton, Johannesburg. On Thursday, Zimbabwean Vice President Emmerson Mnangagwa arrived in Johannesburg for the conference which kicks off on Friday. “Any policy that an investor wishes […]

Africa Business In The News

Bond notes won’t address Zim macro-economic imbalances – World Bank

HARARE, June 21 ‑ Zimbabwe’s newly-introduced trade currency, the bond notes, will not address the country’s underlying macro-economic challenges, despite trade currency increasing the cash supply, boosting liquidity and attenuating deflationary pressures, the World Bank has said. In a report titled “Zimbabwe Economic Update: The State in the Economy”, released Wednesday, the World Bank said […]

Africa In The News

Attend Mugabe rallies or die, youths declare

HARARE, June 20 – Zimbabwean President Robert Mugabe’s party is reportedly threatening citizens with death and forcing schoolchildren to attend rallies of the aged leader ahead of Zimbabwe’s elections in 2018. Militant Zanu-PF youths are accused of human rights and electoral rights violations as Mugabe reportedly endures dwindling support for his decades-long stranglehold on power. […]

Africa In The News

Zimbabwe bus crash claims 43 lives

HARARE, June 8 ‑ Forty three people died and 24 others were injured when the driver of a Zimbabwe-registered bus lost control of the vehicle before it veered of the road and rammed into a tree, authorities confirmed on Thursday. National police spokesperson, Senior Assistant Commissioner Charity Charamba, said the accident, which involved a King […]