Zimbabwe: Latest News

  • Report: Zimbabwe’s Dependence On Foreign Capital ‘Ironic’

    By Dana Sanchez, 11:31 am

    Zimbabwe’s excessive dependence on foreign capital is deeply ironic given the government’s indigenization policy, a Zimbabwe economist said, according to a report in AllAfrica. Zimbabwe’s domestic savings have been wiped out by hyperinflation and dollarization, leaving the country reliant on foreign capital – not an optimal growth path, said Tony Hawkins, a business professor at the University […]

  • Scientists To The Hungry In Africa: ‘Eat, Sell, Export Insects’

    By Dana Sanchez, 5:26 pm

    Some insects are more nutritious than red meat, more readily available and there’s a market for them, say scientists looking at ways to end endemic famine in Africa, according to a report in Africa Review. Two billion people eat insects globally, according to a Food and Agriculture Organisation report. Insect eating in Ghana, like in many […]

  • Gallup: Overwhelming Optimism In Sub-Saharan Africa

    By Dana Sanchez, 10:24 am

    Around nine out of 10 people in 15 sub-Saharan countries considered among the world’s poorest, are highly optimistic about their lives, according to a Gallup poll, Business Insider reports. Gallup released research today about the optimism of countries in 2012. Data was compiled by asking respondents to rate their lives on the Cantril Self-Anchoring Striving Scale with zero […]

  • 3M Restructuring Africa Operations, Looking To Mining, Oil And Gas

    By Dana Sanchez, 2:59 pm

    U.S.-based 3M, maker of myriad consumer products, sees mining, oil and gas as potential industries for future growth in Africa, along with energy and healthcare, according to a report in NewBusinessEthiopia. Already established in Africa for 40-plus years, the company hopes to improve coverage on the continent and accelerate future growth by restructuring its business on the continent […]

  • Open Data Platform Increases Investor Access To Africa Info

    By Dana Sanchez, 3:53 pm

    African Development Bank’s single-platform collection, analysis and sharing of information on Africa now gives global business leaders and investors access to data on all 54 countries in the continent, according to a report at VenturesAfrica. Users will be able to extract data, create and share customized reports, and visualize data across themes, sectors and countries through tables, charts, and […]

  • Election Outcome to Determine Zimbabwe-EU Relations

    By Makula Dunbar, 10:24 am

    Upon the implementation of a peaceful and fair election, the European Union will lift restrictions affecting the Zimbabwean government, Business Day Live reported. In 2008, ineffective state security was noted as the cause of poll violence that spread across the country.

  • Zimbabwe Asks Neighboring Countries To Help Fund Election

    By Ann Brown, 1:00 pm

    From CNN Zimbabwe has asked neighboring southern African countries to help fund elections scheduled for the end of the month, the country’s finance minister said Wednesday. Tendai Biti said he had released about $40 million of the $132 million the Zimbabwe Electoral Commission needs for the July 31 vote, “but we are far away from […]

  • New Report: Africa Is World’s Fastest-Growing Economy

    By Dana Sanchez, 3:16 pm

    A third of African countries have economies growing by more than 6 percent and almost half of them – 26 out of 54 – are now considered middle income countries, according to a new report by African Development Bank. This growth was driven by the private sector. Looking ahead, growth will rely on regional economic co-operation […]

  • Africa At The Cutting Edge: How African Innovators Are Quietly Changing America

    By rphilp, 12:23 pm

    In this first installment for a regular column, ROWAN PHILP – U.S. correspondent for South Africa’s Sunday Times, and Knight Science Journalism Fellow at MIT/Harvard – invites readers to enjoy a welcome culture shock: the discovery that Africans are, in fact, at the leading edge of U.S. high-tech innovation. In the west, talk of “African […]

  • Zimbabwe Womens’ Economic Empowerment ‘Key To Equality’

    By Barbara Bean-Mellinger, 11:38 am

      From All Africa. Women’s economic empowerment is increasingly viewed in Zimbabwe as the most important contributing factor to achieving equality between women and men. Zimbabwe women have the potential to change their own economic status as well as that of the communities in which they live, says Zimbabwe Vice President Joice Mujuru. An expo will be […]

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