Financial group CBZ Holdings has launched a project to construct 1 313 houses at a cost of $11 million in the resort town of Victoria Falls.
The International Monetary Fund has warned Zimbabwe not to take on additional debt under non-concessionary terms, as the country pursues its arrears clearance plan with multilateral lenders.
Zimbabwe’s intelligence boss Happyton Bonyongwe is reported to have advised President Robert Mugabe to rein in his wife Grace because her campaign may stoke political violence and is likely to be opposed by the military.
The Zimbabwe Stock Exchange industrial index advanced one percent to close the week on 197.93 points, driven by slight gains in some heavyweight counters.
In 2000, after the ruling ZANU-PF party had been shocked by the opposition at elections, the ruling party went through some soul searching.