October 2010

Africa Human Rights Day a Non Event in Zimbabwe

Africa Human Rights Day a Non Event in Zimbabwe - October 21 is a day set aside as Africa Human Rights Day, and on Thursday the Zimbabwe Human Rights NGO Forum released a very sombre statement commemorating the event. [All Africa : Zimbabwe]

Dispossessed Dutch Farmers File Compensation Suit in Court

Dispossessed Dutch Farmers File Compensation Suit in Court - Thirteen former commercial farmers of Dutch origin, whose farms were seized by Robert Mugabe's government, have approached a court in America in an attempt to seek compensation for the losses. [All Africa : Zimbabwe]

EU Resolution Calls On Mugabe to Scrap Planned Evictions At Hatcliffe

EU Resolution Calls On Mugabe to Scrap Planned Evictions At Hatcliffe - Members of the European parliament on Thursday passed a resolution which called on Robert Mugabe to drop the planned evictions of about 20,000 people from Hatcliffe Extension settlement outside Harare. Residents there were being forced to pay exorbitant lease renewal fees, which the resolution said the residents "simply have no means of paying." [All Africa : Zimbabwe]

Bennett Says Military Junta Running Zimbabwe

Bennett Says Military Junta Running Zimbabwe - MDC-T Treasurer General Roy Bennett has said the military junta is now running the country and that long time dictator Robert Mugabe is now just a figure head. Speaking on SW Radio Africa's Behind the Headlines series Bennett said: "I think Mugabe is a senile old man. He is no longer in control of events in Zimbabwe and the military junta calls the shots." [All Africa : Zimbabwe]

Foreign Banks Targeted for Takeover

Foreign Banks Targeted for Takeover - EIGHT foreign-controlled banks are targeted for indigenisation amid recommendations that the empowerment threshold for local investors in the banking sector should be reduced from the statutory 51% to 40%. [All Africa : Zimbabwe]

New Finance Scheme for Farmers

New Finance Scheme for Farmers - A local tractor and implements assembly company, Motira (Private) Limited, in conjunction with Agribank, CBZ Bank, Interfin and ZB Banks, has unveiled a finance scheme to enable farmers to purchase tractors. [All Africa : Zimbabwe]

Negotiated Constitution in Offing

Negotiated Constitution in Offing - A negotiated constitution could be in the offing. [All Africa : Zimbabwe]

IMF Revises Growth Forecast Upwards

IMF Revises Growth Forecast Upwards - The International Monetary Fund (IMF) has revised upwards Zimbabwe's growth forecast for 2010 in an indication that the economy has been on a rebound in the second half of the year. [All Africa : Zimbabwe]

Zimbabwe Ranked Worst for Business

Zimbabwe Ranked Worst for Business - A new report shows Zimbabwe is one of the worst places to do business in the world, and it has been ranked at the bottom in the world in terms of lack of economic freedoms for businesses. [All Africa : Zimbabwe]

Indiginisation Policy Hurts Local Business

Indiginisation Policy Hurts Local Business - Zimbabwe's economic policies, including the indiginisation law, are damaging local businesses who are failing to get finance from foreign investors. [All Africa : Zimbabwe]