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The loan will be paid to the Zimbabwe Electricity Supply Authority in March 2010, the Harare-based newspaper reported. A further loan of $1.4 million will be granted by the European Union, it said.
Zimbabwe will see better-than-expected economic growth of 4.7 percent this year, ending a decade of financial ruin, Finance Minister Tendai Biti said Wednesday in his first annual budget speech.
Dec. 2 (Bloomberg) -- Zimbabwe’s Finance Minister Tendai Biti forecast a budget deficit of 40.5 percent of gross domestic product next year as the government uses foreign aid to help pull the economy out of recession.
Harare - Zimbabwe's economy, climbing out of a catastrophic decade of decline, will grow 4.7 per cent in 2009 year and could reach 7 per cent in 2010, Finance Minister Tendai Biti stated in the capital city Harare on Wednesday. Delivering the first b...
Dec. 2 (Bloomberg) -- Zimbabwean Finance Minister Tendai Biti said the southern African nation’s economy may grow 4.7 percent this year, compared with a contraction of 10.9 percent last year.
JOHANNESBURG, South Africa, Dec. 4 (UPI) -- Migrant workers and refugees in South Africa suffer discrimination when they become sick or injured and are often denied treatment, a report said Thursday.
Gold is hitting all-time highs amid growing fears of inflation, writes Howard Gold.
The Rutendo HIV/AIDS project was initiated in 2003, by Sisters of the Child Jesus, to provide human and social relief for people infected with HIV/AIDS. The project is located in Mkoba High Density suburb on the West side of Gweru City in the Midlands Province of central Zimbabwe.
The Zimbabwe Artists Project is exhibiting more than 100 pieces of artwork at all six area Grand Central Bakery locations. All art will be available for sale. In addition to supplementing the artists income, proceeds also help to provide the artists with health care.
Harare - German investment in Zimbabwe continues to be under threat because of ongoing lawlessness in the southern African country, the German government protested in an official complaint to Zimbabwe, it emerged Tuesday. The letter sent by the Germa...
DE DOORNS, 3 December 2009 (IRIN) - More than two weeks after the attacks that drove some 3,000 Zimbabwean migrant workers from their homes in an informal settlement called Stofland, outside De Doorns, a farming town about 140km from Cape Town, South Africa, the mood among the displaced remains grim.
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