Finance Minister Banks On Diamond Revenue for 2012 Budget
Finance Minister Tendai Biti has banked almost 20% of next year's Budget on profits from diamond sales, which observers have already criticised as 'optimistic'.
View ArticleUganda: Shumuk Takes Kazini's Hotel
The Shumuk group of companies has taken over the management of late Maj Gen Kazini's (RIP) hotel in Kasese.
View ArticleCountry's Economy Expected to Grow
Zimbabwe's economy is expected to grow more than nine percent in the coming year, after more than a decade of mismanagement by the previous ZANU PF government.
View ArticleConfusion Over Tsvangirai 'Marriage'
Zimbabwe's lawmakers have congratulated Prime Minister Morgan Tsvangirai over his reported remarriage amid claims by his aides the stories about the union were exaggerated.
View ArticlePM to Issue Statement On 'Marriage' Rumours
Prime Minister Morgan Tsvangirai's spokesman has confirmed to SW Radio Africa that the PM will be issuing a statement 'in due course' clarifying the confusion over whether he had married or not.
View ArticleMakone Denies Meddling in Tsvangirai's Private Life
Co-Home Affairs Minister Theresa Makone has angrily denied accusations that she is meddling in the private life of Prime Minister Morgan Tsvangirai. This follows the confusion surrounding news reports...
View ArticleZANU PF Allies Get First 'Independent' Radio Licences
The Broadcasting Authority of Zimbabwe (BAZ) has been accused of awarding the country's first independent radio broadcast licenses to organizations affiliated to ZANU PF.
View ArticleKenya: KDN Settles Debt Dispute Out of Court
Kenya Data Networks has settled a Sh400 million dispute that had threatened to run the company out of business.
View ArticleMozambique: Prime Minister Explains Abandonment of Food Basket
The Mozambican government's plan to introduce a subsidised basket of basic foods for the urban poor was shelved because feared rises in food prices did not materialize, Prime Minister Aires Ali told...
View ArticleUganda: Umeme Contract - Negotiators Keep Distance
As debate continues on who was responsible for the "unfair" terms that Uganda got when it signed a 20-year concession with power distributor, Umeme, officials from the Privatisation Unit, who formed...
View ArticleEast Africa: Serena Acquires Moevenpick Hotel
East Africa's leading hotel chain Tourism Promotion Services (TPS), Serena Hotels, has acquired Moevenpick Royal Palm Hotel.
View ArticleUganda: Too Little Too Late On Banana Wilt
The President has lately taken to upcountry tours during which he talks to farmers about controlling the notorious Banana Bacterial Wilt disease.
View Article20 Farms Lie Unoccupied
The Ministry of Lands and Resettlement has confirmed that up to 20 farms (translating into 37 farming units), lie unoccupied after they were allocated to their intended beneficiaries since 2005.
View ArticleKenya: Housing Finance to Source Funds From Foreign Investors
Mortgage lender Housing Finance has announced plans to tap international markets for long-term funds to finance fixed-rate home loans.
View ArticleGovt Sees 'U.S.$600 Million Boost' From Diamond Sales
Zimbabwe's government expects to take in $600 million in additional revenue from diamond sales next year, after a global watchdog lifted its ban on exports, Finance Minister Tendai Biti said on Thursday.
View ArticleKenya: Pipeline Blocks Roads to Secure Oil Storage
Kenya Pipeline Company oil depots will now have 24-hour police surveillance to comply with the designation of petroleum facilities as protected areas in the wake of the Sinai fire tragedy and the...
View ArticleKenya: Serena Adds Tanzanian Link to Its Hotels Chain
Tourism Promotion Services (TPS), the operator of the Serena Hotels chain, has bought a five-star hotel in Tanzania.
View ArticleZimbabwe to Spice Up Competition
Zimbabwe have been drafted into the Cecafa Senior Challenge Cup as a last minute replacement for Namibia.
View ArticleNkiru Sylvanus to Unveil New Reality Show
Nollywood actress, Nkiru Sylvanus, has added to the growing number of reality shows in the country with the debut of her show, 'I've Got Talent'.
View ArticleRwanda: Concerted Efforts Key to Fighting Gender Based Violence
The Day was marked with a march to raise awareness as the country moves to bring an end to the violence.
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