The European Union has lifted its 12-year suspension of direct financial aid to the government of Zimbabwe, imposed after allegations of rights abuses by President Robert Mugabe’s administration, an EU official announced today.
Zimbabwe’s largest mobile phone operator Econet Wireless Zimbabwe sees data and value added services contributing 30 percent of total revenue by 2016, but with low profit margins as consumers migrate to internet based applications, an official said yesterday.
South African diamond executive Ernest Blom tried to rope in Robert Mhlanga, a former Air-Vice- Marshall who is widely reported to have been President Robert Mugabe’s personal pilot and is now chairman of Mbada Diamonds, in his quest to secure exclusive mining rights for Marange diamonds.
The government will launch a new livestock policy by yearend which seeks to protect cattle owners from being shortchanged by private abattoirs as well as reduce statutory charges in trading, a junior minister has said.
Buhera South Member of Parliament said Renewal Team leader and former Finance Minister Tendai Biti was equally to blame for the present economic crisis and likened him to a rapist who deflowers a girl then goes around degrading her because she is no longer a virgin.
Speaker of Parliament Jacob Mudenda today barred debate on the mid-term fiscal policy statement saying it should have been introduced as a motion if the government wanted Parliament to debate and approve a supplementary budget.