October 2008

M&R Directors Want to Buy Back 20 Million Shares

Submitted by AA Zimbabwe on Sun, 2008-10-26 18:45

M&R Directors Want to Buy Back 20 Million Shares - THE directors of Murray & Roberts (M&R) are seeking authority from shareholders to buy back 20 million shares through an arrangement that would be tabled at an annual general meeting (AGM) scheduled for November 12. [All Africa : Zimbabwe]

Country Has Opportunities for Bold Investors - Experts

Submitted by AA Zimbabwe on Thu, 2008-10-23 23:36

Country Has Opportunities for Bold Investors - Experts - ZIMBABWEAN business leaders said yesterday the country's collapsed economy should not deter South African companies from investing, warning that delay could cost opportunities. [All Africa : Zimbabwe]

Corruption Fears As UN Funds to Be Channeled Through the RBZ

Submitted by AA Zimbabwe on Thu, 2008-10-23 23:34

Corruption Fears As UN Funds to Be Channeled Through the RBZ - There are understandable concerns that internal corruption at the Reserve Bank of Zimbabwe (RBZ) will see desperately needed foreign monetary aid being diverted into different channels - this as a cash boost of millions of US dollars by the United Nations could soon be filtered through the central bank. [All Africa : Zimbabwe]

Stadium Renovations Hit By Labour Shortage

Submitted by AA Zimbabwe on Mon, 2008-10-13 23:50

Stadium Renovations Hit By Labour Shortage - Reconstruction work at the National Sports Stadium has been hit by labour shortage, as disgruntled contract workers have not been reporting for duty in protest over unpaid wages, Standardsport has learnt. [All Africa : Zimbabwe]

Umguza Zanu PF MP Blocks Mortuary Refurbishment

Submitted by AA Zimbabwe on Thu, 2008-10-09 22:32

Umguza Zanu PF MP Blocks Mortuary Refurbishment - Fresh from being accused of diverting food aid meant for starving villagers, the former governor for Matabeleland North and MP for Umguza, Obert Mpofu, is being blamed for the pungent smell that is emanating from the Nyamandlovu District Hospital mortuary. [All Africa : Zimbabwe]

Inflation Soars to 231 Million Percent

Submitted by AA Zimbabwe on Thu, 2008-10-09 22:32

Inflation Soars to 231 Million Percent - ZIMBABWE'S annual inflation rate rose to 231 million percent in July, driven faster by food prices, according to official Government statistics. [All Africa : Zimbabwe]

Turn Human Waste Into Energy

Submitted by AA Zimbabwe on Thu, 2008-10-09 22:32

Turn Human Waste Into Energy - TO many people, the term "biogas" is something they come across sometime in their secondary school education and is quickly forgotten once examinations are over. [All Africa : Zimbabwe]

Efforts to Revive National Glass Industries Intensify

Submitted by AA Zimbabwe on Tue, 2008-10-07 18:53

Efforts to Revive National Glass Industries Intensify - The Industrial Development Corporation of Zimbabwe Limited is considering re-modelling its subsidiary, National Glass Industries in Kadoma, which has been lying idle for years, as efforts to revive it intensify. [All Africa : Zimbabwe]

Health Delivery System Continues to Collapse

Submitted by AA Zimbabwe on Tue, 2008-10-07 18:52

Health Delivery System Continues to Collapse - IT is around 3am and 30-year-old Kudzanai Toziva cannot endure anymore the excruciating pain in his body. [All Africa : Zimbabwe]

Farm Invasions Continue

Submitted by AA Zimbabwe on Wed, 2008-10-01 22:36

Farm Invasions Continue - As the impasse over the distribution of cabinet posts in Zimbabwe's new government continues, white farmers have become targets of looting and evictions - yet another sign that the deal signed by the country's political rivals has done nothing to change the situation on the ground. [All Africa : Zimbabwe]