Monday 11 December 2017
(Bloomberg 06/21/13)
Edward Chindori-Chininga, chairman of a parliamentary committee that said tens of millions of dollars of revenue paid to the government by a diamond company is missing, has died in a car crash. Chindori-Chininga, a lawmaker for the President Robert Mugabe’s Zimbabwe African National Union-Patriotic Front in northern Zimbabwe, died late on June 19 when his Jeep Cherokee collided with a tree at a T-junction in northern Zimbabwe, Jones Mashakada, who farms corn and cattle in Guruve South said in a telephone interview today. The death was also reported by the state-controlled Chronicle newspaper. “What is strange is that the airbag didn’t work and the windscreen isn’t broken,” Mashakada, who says he saw the vehicle, said. The June 12 report from...
(Mail & Guardian 06/21/13)
A recent parliamentary report shows that the Zimbabwean government is not receiving nearly as much money from the stones as it should. Zimbabwe is losing millions of dollars in potential revenue from its Chiadzwa diamond fields due to smuggling, underhand dealings and a weak policy on investment in the sector, a parliamentary committee has said. The Mines and Mining Development committee, which includes MPs from both Zanu-PF and the opposition Movement for Democratic Change, is also scathing in its criticism of Mines Minister Obert Mpofu, whom it fingers for frustrating the work of the committee and discouraging officials from diamond companies from co-operating with the parliamentary team. The committee was chaired by Zanu-PF's Guruve south lawmaker Edward Chindori-Chininga. Chindori-Chininga, who...
(Zimbabwe Independent 06/21/13)
Prior to the adoption of the multi-currency regime, the operations of OK Zimbabwe and other large retailers were reduced to naught following the price blitz in June 2007. Small operators and the informal market thrived during the peak of the hyperinflation period and in the early months of dollarisation. Examples that come to mind include Food King, Afro Foods and Food World. After the dollarisation of the economy, management of OK Zim turned the company’s fortunes for the better following a US$20million capital raising exercise in April 2010. Of the US$20million, US$5million was through a convertible loan from Investec Asset Management while the balance was pooled through a rights issue. The rights issue had a 70,4% uptake while the remainder...
(Zimbabwe Independent 06/21/13)
After a decade-long impasse, Zimbabwe’s cabinet finally submitted to an International Monetary Fund (IMF) Staff Monitored Programme (SMP) after recently approving it. While an SMP remains an informal and flexible instrument for dialogue between the IMF staff and a member country on its economic policies, it is not a formal re-engagement with the IMF executive directorate. Under the SMP a country’s economic reform targets, policies and programmes are monitored by a nominated team of IMF staff for an agreed period. Past discussions towards an SMP between Zimbabwe and the IMF had been held back by two issues; the timely reporting of data and the much-debated problem of ghost workers in the civil service. There have been conflicting statements concerning the...
(Zimbabwe Independent 06/21/13)
Latest inflation figures released by the Zimbabwe National Statistics Agency (Zimstat) show that the year-on-year inflation rate (annual percentage change) for the month of May 2013 as measured by the all items Consumer Price Index (CPI) dipped 0,29 to 2,20% from the April 2013 rate of 2,49%. However, while prices as measured by the all items CPI increased by an average of 2,20 percentage points between May 2012 and May 2013, the month-on -month statistics show that prices are actually falling. The month-on-month inflation rate in May 2013 was -0,21% which was 0,14% lower than the April 2013 rate of -0,07%. According to Zimstat, this implies that prices as measured by the all items CPI decreased at an average rate...
(Zimbabwe Independent 06/21/13)
The report of the findings presented in parliament last Wednesday has opened a can of worms with disclosures of irregularities that have dogged the industry since the discovery of diamonds in Chiadzwa. According to the report, during one of its committee meetings, Mpofu “conceded that globally, the diamond industry is run like a mafia, with very few ‘clean’ individuals”. “Since the inception of formalised mining in Chiadzwa, the committee observed that the sector has been dogged by issues of transparency and accountability in the production, marketing, fiscal contributions and general administration,” reads part of the report. The report highlights alleged abuse of office by Mpofu, militarisation of the Marange diamond fields, leakages of diamonds and fraudulent partnering processes as some...
(The Associated Press 06/21/13)
HARARE, Zimbabwe — Zimbabwe's state airline says it has been licensed by the International Air Travel Association to resume flying to intercontinental destinations. Air Zimbabwe said Friday the world aviation body had finalized a safety audit on replacement aircraft and new services. The airline was grounded in early 2012 after a series of pilots' strikes and spiraling debt that led to its aging planes being seized in London and Johannesburg. Zimbabwe has leased two Airbus 380s for long-haul flights, and Brazilian-built Embraer jets for regional and domestic routes. The airline plans to increase regional services immediately and resume direct flights to Europe in November. Most of those passengers have been transiting through Dubai and Johannesburg. The airline also said it...
(Zimbabwe Independent 06/21/13)
ZIMBABWE’s mobile voice tariffs are among the most expensive in Sub-Saharan Africa, raising the spectre of defencelessness of our local Mobile Network Operators (MNOs) to disruptors, famed for playing a sustainable low-balling pricing game anchored on robust lean cost structures. This comes against the backdrop of a rejection by the Postal Telecommunications Regulatory Authority of Zimbabwe (Potraz) to heed calls to revise downwards Zimbabwe’s mobile telephone tariffs in April last year, arguing that our tariffs were comparable to Sub-Saharan Africa’s. This assertion, placed against current tariff statistics is now a half-truth. It’s quite a poser how giant Kenyan MNO, Safaricom is managing to post impressive profits with a prepaid mobile voice tariff of 4 US cents a minute. In fact,...
(Voice of America 06/21/13)
The Committee to Protect Journalists says in the past year, 55 journalists in 21 countries have gone into exile because of violence, threats and imprisonment. An official of the committee says an estimated 40% of those who’ve fled are from sub-SaharanAfrica. A new report by the CPJ says most journalists who have fled violence or repression come from Iran and Somalia, followed by Ethiopia, Syria and Eritrea. They’re also found at the head of the CPJ’s annual Impunity Index. It ranks countries according to the degree to which attacks against journalists are investigated, and perpetrators punished. Tom Rhodes is the Eastern African consultant for the Committee to Project Journalists. He says the government of at least one of the top...
(Africa Review 06/21/13)
Sub-Saharan Africa is losing slightly above 1.5 million children under the age of five annually due to malnutrition, according to non-governmental organisation Save the Children. On June 8, thousands of people including Bill Gates gathered in Hyde Park for the Big IF London rally aimed at reversing the situation, estimated to cost two million lives of children under the age of five globally. The rally, a coalition of over 200 UK organisations, was campaigning for action by G8 leaders to eliminate hunger and save millions of lives. The campaign wanted the G8 leaders, during their June 18 meeting, to act on four issues that mean so many people do not get enough food. The issues were enough aid to stop...
(Business Day 06/20/13)
HARARE — The International Monetary Fund (IMF) has moved to normalise relations with Zimbabwe, after a decade-long isolation, and will monitor the country’s economic programmes through an IMF staff-monitored programme. Zimbabwe’s external debt stands at $10.7bn and it owes the IMF $200m. The IMF’s decision is a clear sign relations between the West and Zimbabwe are thawing and marks the first stages of a concrete re-engagement between the two. The IMF staff-monitored programme will run for nine months, from April to December. The Zimbabwe government has given the green light to the programme, which it said it hoped would “accelerate economic growth, step-up the creation of sustainable jobs and help reduce poverty”. The successful implementation of the programme would be...
(The Herald Online 06/20/13)
ZANU-PF’S Politburo has approved the final list of aspiring candidates who will contest the party’s primaries next Monday ahead of harmonised elections slated for July 31. Addressing journalists after the decision-making body’s meeting in Harare last night, Zanu-PF national chairman Cde Simon Khaya Moyo said the Politburo had made a few alterations to the list submitted by the National Elections Directorate. He said the full list of aspiring candidates would be released this morning. “I am glad to announce that the Politburo welcomed our recommendations. There were one or two alterations but on the whole they welcomed our recommendations bringing to finality this exercise. “Now we can safely state that we have got approved candidates from all provinces ranging from...
(The Herald Online 06/20/13)
Vehicle imports through the Beitbridge Border Post increased by 23 percent between January and May this year compared to the same period last year, the Zimbabwe Revenue Authority has said. The increase is attributed to the price freeze of vehicles in South Africa and also the exorbitant prices of vehicles on the local market. Prices of second hand vehicles in South Africa have remained stable for the past 12 months. It costs on average US$7 000 to buy a second hand modest car from South Africa and at least US$20 000 and above to buy a similar car on the local market. Figures from Zimra show that a total of 14 114 vehicles have been imported through Beitbridge between January...
(The Herald Online 06/20/13)
MDC-T is drafting an application to the Constitutional Court entreating it to ignore the one filed by Justice and Legal Affairs Minister Patrick Chinamasa on Tuesday seeking an extension of the poll date from July 31 to August 14. The move which dovetails with the party’s Election Litigation Strategy to increase the workload of the Constitutional Court to prevent it from dealing with matters on time, appears to be aimed at subverting the holding of polls even by August 14 should the relief sought by Minister Chinamasa be granted. MDC-T and its allies in the NGO sector and legal fraternity met in the Zimbabwe Lawyers for Human Rights boardroom on June 3 and resolved to launch a sustained assault on...
(The Herald Online 06/20/13)
POLICE have warned Zimbabwe Electricity Transmission and Distribution Company loss control officers to desist from corruption. Support Unit Assistant Commissioner (operations) Shadreck Mubaiwa said corruption was the height of moral bankruptcy. He was addressing eight loss control officers who graduated yesterday after undergoing a month-long training at the unit’s Shamva Battle Camp. They will be responsible for cash-in-transit. “My speech would be incomplete if I do not warn you against the evils of corruption. Corruption is corrosive. Once you are caught in the net, there are no two ways about it; you will be shown the exit door,” he said. Asst Comm Mubaiwa congratulated the officers for overcoming all challenges and completing the training. He said it required discipline, potency...
(Business Day 06/20/13)
ZIMBABWEAN civil society organisations and human rights groups in Zimbabwe remain seized with the prospect of a July 31 election in the country, even after President Robert Mugabe on Tuesday reportedly applied to the Constitutional Court to push the initial election date back by two weeks. The application to move the date for the elections to August 14 came after an extraordinary summit of the Southern African Development Community (Sadc), where regional heads of state urged the Zimbabwean government to “seek a time beyond July 31 for holding harmonised elections”. The African Union (AU) said it would later this week deploy observers to monitor the elections in the country.The Crisis in Zimbabwe Coalition briefed media in Johannesburg on Wednesday, along...
(The Herald Online 06/20/13)
The Zimbabwe Artisanal and Small-scale for Sustainable Mining Council (ZASMC) has embarked on a massive drive to register artisanal miners in various parts of the country to help boost the country’s mineral output. ZASMC president Mr Wellington Takavarasha said they would be going province by province in the country registering the artisanal miners and providing them with some of the equipment needed for mining. “So far we have visited Dubane in Gwanda where we registered 150 artisanal miners including both men and women and donated mining equipment to them. We want to help them to defend their rights to mine,” he said. He said his organisation was working in conjunction with the Ministry of Mines and Mining Development and Upfumi...
(News Day 06/20/13)
The United Nations High Commission for Refugees (UNHCR) yesterday paid tribute to the efforts shown by the inclusive government in accommodating displaced people, most of whom have entered the country through the Nyamapanda Border Post and found home at Tongogara Refugee camp in Chipinge. The message of gratitude comes as Zimbabwe today joins the rest of the international community in commemorating the World Refugee Day, originally known as African Refugee Day. The official commemorations will be held at Tongogara Refugee camp on June 28 at an event where the Labour and Social Services minister Paurina Mpariwa is expected to officiate. The theme for this year’s commemorations will be One family torn apart by war is too many. Zimbabwe itself has...
(Ventures-Africa 06/20/13)
VENTURES AFRICA – Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), have signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa. According to an official statement, the MOU was signed on June 5 after the Tokyo International Conference on African Development (TICAD V), which held in Yokohama, Japan, from June 1-3. The AfDB-UNU partnership aims to strengthen collaboration between Japan and African countries to strengthen Science, Technology and Innovation (STI) in Africa. The AfDB and UNU will contribute to the establishment of a joint Africa–Asia strategic plan for sustainable development and a joint program of activities for capacity building in...
(The Herald Online 06/20/13)
AIR Zimbabwe has been readmitted to the International Air Travel Association’s International Operational Safety Audit registry after complying with the aviation body’s minimum standards. The Minister of Transport, Communications and Infrastructural Development Cde Nicholas Goche confirmed the development in a statement. This means Air Zimbabwe now meets IATA’s operational safety, efficient and quality benchmarks observed by operators worldwide. The national airline was de-registered from IATA’s IOSA registry in September 2012 when Air Zimbabwe technically failed IOSA’s test after temporarily stopping operations because of an industrial strike.

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