People’s Democratic Party leader Tendai Biti, who is also a member of the Movement for Democratic Change Alliance, yesterday told the United States Foreign Relations Committee that although Zimbabweans had welcomed the end of Robert Mugabe’s rule what had essentially happened was an illegal and illegitimate transfer of power from one faction of the ruling party to another.
The National Social Security Authority (NSSA) says it has invested $17 million towards its Dzivarasekwa housing project, through its wholly owned mortgage lender, National Building Society (NBS).
The African Export Import Bank (Afreximbank) said today it will avail up to $1.5 billion in credit to Zimbabwe and provide guarantees to foreign investors looking to invest in the southern Africa country.
Zimbabwe publisher Trevor Ncube has gotten full control of his Zimbabwe operations after disposing of his stake in South Africa’s Mail and Guardian.
The Zimbabwe African national Union-Patriotic Front politburo meeting that was scheduled for today has been postponed to tomorrow signaling the beginning of the party’s special congress which will be held on Friday.
Australian-listed junior miner Prospect Resources says the change of government in Harare bodes well for its future growth because of its focus on promoting inward investment.