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News Items from Around the Globe of Interest to the African Nations

Archive for the ‘Zimbabwe’ Category

Diamond Sales Shelved – Investment Opportunities Grow

GOVERNMENT yesterday shelved the auction of 300 000 carats of diamonds by Mbada Diamonds to ensure that all requirements of the Kimberley Process Certification Scheme are followed.It follows a strong surge in buying assets and property in South Africa as an alternative investment. On the back of this, many nationals are looking to the USA property markets and other international real estate opportunities in an effort to spread their wealth

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Controversial Diamonds Go on Sale

About 300 000 diamond carats from Chiadzwa diamond fields go under the hammer today in the first formal trade of the precious mineral since Government moved in to normalise mining at the minefields.

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Slow Pace of Crisis Talks Worries Mediator

South Africa on Tuesday expressed frustration over the slow pace of talks aimed at ensuring a definitive solution to the crisis in Zimbabwe.

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Milk Processor Reopens After Unity Govt Acts

Nestlé Zimbabwe resumed production yesterday, a fortnight after it temporarily ceased operations following a misunderstanding over the supply of milk from Gushungo Dairy Estates.

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Constitution-Making On Track

It’s all systems go as the Parliament Select Committee on constitution-making starts the process today by training Members of Parliament who chair thematic committees.

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Central Bank Official in Heist?

A bank accountant and an ex-policeman were among six armed robbers who raided Stanbic Bank’s Chegutu branch on Tuesday morning and made off with US$266 000, R150 000 and P34 690, police have said.

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Land Audit Not a Witch-Hunt

IT is a fact that people always develop resistance to things that are not explained to them and this is why many farmers have been questioning Government’s motive for undertaking another land audit.

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Engen’s Zimbabwe Bid Blocked By 20 Million Claim

ENGEN Petroleum’s bid for BP and Shell assets in Zimbabwe could be heading for a snag as a Zimbabwean company seeks to block the deal over an outstanding 20m claim from BP, the Zimbabwe-based Financial Gazette has reported.

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Invaders Force South African Off Farm

CIVIL rights group AfriForum has asked Trade and Industry Minister Rob Davies to intervene urgently to protect the lives and property of a South African citizen, Ray Finaughty, and his family in Zimbabwe.

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Harare Blames SA for Border Chaos

ZIMBABWEAN authorities have blamed inadequate parking as a reason for congestion at the Beitbridge border post on the South African side of the border.

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