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/ 29 January 2008

Zim govt to open ‘people’s shops’

The Zimbabwean Ministry of Industry and International Trade will within the next 40 days open ”people’s shops” countrywide after the Cabinet last week approved the concept, the government mouthpiece Herald newspaper reported on Tuesday. The people’s shops ”will provide basic commodities aimed at the very low-income earners”.

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/ 17 December 2007

Zim strikes oil deal with E Guinea

Zimbabwe has struck a deal to import crude oil from Equatorial Guinea and is planning to reopen a refinery to process fuel and ease acute shortages, state media reported on Monday. Crunch shortages of fuel, foreign currency and food are a sign of the Southern African nation’s deep economic crisis.

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/ 17 September 2007

Threat to take over Zim firms ‘not a joke’

The Zimbabwe government’s threat to take over companies defying controversial price controls is not a joke, Industry Minister Obert Mpofu was quoted as saying on Monday. Obert Mpofu told the ruling Zanu-PF party members meeting at the weekend in western Zimbabwe that the government had already started identifying companies it plans to take over.