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/ 17 September 2007
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.
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/ 7 September 2007
President Robert Mugabe’s exchange-rate devaluation and promises of tax relief were dismissed on Friday by Zimbabweans weary of an economic crisis marked by the world’s highest inflation and severe shortages. His government’s latest bid to ease the economic turmoil, announced in a supplementary budget on Thursday, highlighted the worsening plight of the Southern African nation.
South Africa has denied it blamed Britain for Zimbabwe’s isolation in a report prepared for a regional summit earlier this month. The office of President Thabo Mbeki denied that the government produced a report on Zimbabwe critical of Britain before Mbeki briefed leaders of the Southern African Development Community on his mediation efforts in mid-August.
Zimbabwe’s state media on Wednesday called on the government to sever ties with Australia, accusing Prime Minister John Howard’s government of seeking to topple veteran President Robert Mugabe. ”There is no need to continue keeping up appearances when diplomatic ties between the two countries have irrevocably broken down,” the state-run Herald said.
Equatorial Guinea President Teodoro Obiang Nguema jetted into the Zimbabwean capital on Tuesday to a red-carpet welcome at the start of an official visit, state television reported. The president of the oil-rich Central African country was embraced warmly by Zimbabwean President Robert Mugabe.