Nelson Banya

African firms eye BP, Shell Zimbabwe assets

Engen Petroleum and KenolKobil said they plan to buy BP and Shell's Zimbabwe assets in anticipation of growth under a unity government.

Zimbabwe uncertainty hurts electricity drive

Zimbabwe's political uncertainty and the government's hold over electricity policies will discourage private investment in the sector.

Zim problems can be resolved, says Zuma

South Africa's President Jacob Zuma has told Zimbabwean leaders the problems facing their fractious unity government can be overcome.

Zimbabwe inflation quickens, crisis persists

Zimbabwe's inflation rose to 1% month-on-month in July from 0,6% in June, figures released by the Central Statistical Office showed on Wednesday.

Southern African countries to develop power line

Four Southern African countries have agreed to develop a m power line that would allow an extra 600 megawatts to be transmitted around the region.

Chaos stops Zim Constitution conference

A Zimbabwean conference to draw up a new Constitution descended into chaos on Monday as riot police broke up clashes between rival delegates.

UN appeals for more than $700m in Zim aid

Zimbabwe needs -million in urgent humanitarian help in 2009, as the country struggles to attract Western aid in an attempt to emerge from a decade

Zimbabwe gets another credit line, plans bond

Zimbabwe has secured an additional credit line of -million from the African Export-Import Bank (Afrexim) to help its economic reconstruction.

Gono: Zim must repay debt, reform economy

Zimbabwe's central bank governor said the country must repay debts to multilateral institutions, restore donor relations and push through reforms.

ZSE restarts, trades in US dollars

The Zimbabwe Stock Exchange (ZSE) restarted after a three-month halt on Thursday and trades were in United States dollars for the first time.

MDC takes the plunge

Zimbabwe's opposition MDC decided on Friday to enter a unity government with Robert Mugabe's Zanu-PF, an opposition party official said.

MDC to back Tsvangirai on joining unity govt

Zimbabwean opposition leader Morgan Tsvangirai is expected to win his party's backing to join a unity government with the Robert Mugabe's Zanu-PF.

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