Showing posts with label Robert Mugabe. Show all posts
Showing posts with label Robert Mugabe. Show all posts

Wednesday, July 25, 2007

Zimbabwe imports 200,000 tonnes of Tanzania maize

(Reuters) - Zimbabwe is importing 200,000 tonnes of maize from Tanzania as it battles food shortages which critics largely blame on President Robert Mugabe's policies, state television said on Wednesday.

Critics say Mugabe plunged the southern African state into economic crisis by seizing productive white-owned commercial farms and giving them to inexperienced black farmers who have left the country needing to import food since 2000.


Read more at Reuters Africa

Wednesday, June 27, 2007

Zimbabwe reviews inflation calculation, delays data

(Reuters) - Zimbabwe is reviewing how it calculates inflation and will delay the release of May data, a government official said on Wednesday, as the country grapples with hyper-inflation.

President Robert Mugabe's government has declared the country's galloping inflation -- put at more than 3,700 percent in April -- as its number-one enemy. But prices continue to rise relentlessly, jumping by as much as 300 percent in the past week alone after the local currency tumbled.


Read more at Reuters Africa

Monday, June 25, 2007

Zimbabwe tables bill to localise company ownership

(Reuters) - President Robert Mugabe's government is seeking to transfer majority control of "public companies and any other business" to black Zimbabweans, a move critics say could deepen the country's economic crisis.

A bill the government made public on Monday will be presented to parliament proposing indigenous black Zimbabweans will get at least a 51 percent share of those companies.


Read more at Reuters Africa