AIM-listed Premier African Minerals says it has found funders for its Zulu Mine in Matabeleland South and is in negotiations with a potential partner, adding on to Zimbabwe’s already enviable lithium resources.
Zimbabwe’s new President, Emmerson Mnangagwa says he has a list of companies and individuals who spirited money into safe havens outside the country, and he will publicly shame them if they do not respond to his three-month amnesty to return the looted funds.
AfrAsia Bank Zimbabwe says it will not be able to pay its creditors this year due to ongoing legal proceedings and an acute shortage of money on the market, which have delayed liquidation of the collapsed bank.
President Emmerson Mnangagwa’s call to “let bygones be bygones” should not extend to serious human rights violations like the Gukurahundi massacres of the 1980s, the violence that engulfed the country in the run-up to the presidential elections run-off of 2008, and the massacres of illegal diamond miners in Marange also in 2008.
Former Zimbabwe African National Union-Patriotic Front secretary for administration Ignatius Chombo seems to be paying for all the sins of the G40 faction.
Zimbabwe Foreign Minister Sibusiso Moyo, the man who announced the country’s new dawn on 15 November, has blasted the team of Tendai Biti, Dewa Mavhinga and Peter Godwin that testified before the United States Foreign Relations Committee for tarnishing the country’s image.