September 2011

'Mugabe Losing It' - Swazi Deputy PM

Submitted by AA Zimbabwe on Fri, 2011-09-30 15:31

PRESIDENT Robert Mugabe's discomfort in working with Prime Minister Morgan Tsvangirai was clear right from the first day of the coalition government as he vowed that his erstwhile foe would not get anything much from their marriage of convenience.

Source: 
http://allafrica.com/stories/201109301103.html

Privatisation - Opportunity for Indigenisation

Submitted by AA Zimbabwe on Fri, 2011-09-30 15:31

WITH all this hub-hub surrounding the indigenisation issue, one important economic matter that has been on the cards for a long time but has been subjected to vicious inertia and now seems about to be thrown into oblivion, is the issue of privatisation.

Source: 
http://allafrica.com/stories/201109301102.html

Zambian Poll Holds Lessons for Mugabe

Submitted by AA Zimbabwe on Fri, 2011-09-30 15:31

LAST week there was a fundamental change in southern Africa's political landscape. Michael Chilufya Sata (74) of the Patriotic Front won the Zambian presidential election, beating Rupiah Banda of the Movement for Multi-party Democracy.

Source: 
http://allafrica.com/stories/201109301101.html

Afre Forensic Audit Exposes Timba

Submitted by AA Zimbabwe on Fri, 2011-09-30 15:31

A FORENSIC audit into the shenanigans at Afre which led to the company being exposed to the tune of US$16 million owing to CEO Patterson Timba's activities, concluded that Timba's operations were fraudulent and contravened the Criminal Law (Codification and Reform) Act, that he abused his fiduciary duties and arm-twisted board members into signing a board resolution without clearly stating the nature of the transaction.

Source: 
http://allafrica.com/stories/201109301100.html

Chiwenga Loses 'Spies' Battle

Submitted by AA Zimbabwe on Fri, 2011-09-30 15:31

PRESSURE from the top echelons of Zanu PF and the military is mounting on defence chiefs to halt sensitive investigations into the conduct of two senior army commanders who sniped at their boss, General Constantine Chiwenga (pictured right), in secret meetings with United States diplomats which have caused a stir within state security circles.

Source: 
http://allafrica.com/stories/201109301098.html

Indigenisation to Slow Growth, Perpetuate Poverty

Submitted by AA Zimbabwe on Fri, 2011-09-30 14:44

IN a country that needs foreign capital not to grow but to survive, Zimbabwe's indigenisation law defies understanding.

Source: 
http://allafrica.com/stories/201109301005.html

Sovereignty Comes With Responsibility

Submitted by AA Zimbabwe on Fri, 2011-09-30 14:44

WHILE President Robert Mugabe last week addressed the 66th session of the UN General Assembly in New York, South Africa's ambassador to Zimbabwe, Vusi Mavimbela, gave a speech in Harare. Both individuals presented different narratives about state sovereignty.

Source: 
http://allafrica.com/stories/201109301004.html

New Zambian President's Zim Policy Anxiously Awaited

Submitted by AA Zimbabwe on Fri, 2011-09-30 14:44

A NEW dawn has broken across the Zambezi in Zambia where long-time opposition leader Michael Sata won the country's presidential race against incumbent Rupiah Banda.

Source: 
http://allafrica.com/stories/201109301003.html

How Emerging Economies Trade

Submitted by AA Zimbabwe on Fri, 2011-09-30 14:44

ON a recent visit to the Indian securities market, Securities Commission CEO Tafadzwa Chinamo, Willia Bonyongwe and other delegates got a glimpse of how other emerging economies have switched over to electronic securities trading.

Source: 
http://allafrica.com/stories/201109301002.html

Radar Seeks U.S.$7 Million Expenditure Facility

Submitted by AA Zimbabwe on Fri, 2011-09-30 14:44

Happiness Zengeni RADAR Holdings Ltd is in negotiations for a US$7 million international facility to fund its US$8 million capital expenditure programme in the current financial year, chairman Heinrich von Pezold told analysts.

Source: 
http://allafrica.com/stories/201109301001.html