news

by country & category

Zimbabwe

Zimbabwe
Population: 13.4mn.
GNI, $ : n/a
Debt: 2.6bn.
Overview:

China Sonangol and China International Fund are now the dominant Asian players after pledging $8 bn. in investment in gold, platinum, transport and new cities in late 2009.

news from Zimbabwe

Category: all

Found 32 articles.

Displaying 11-20 out of 32 results.

  • Vol 4 No 6
  •  April 2011

Trading partners

New indigenisation rules mean that European mining companies are on the way out while Asian companies are protected by their allies in Harare

  • Vol 4 No 6
  •  April 2011

Sino-Zimbabwe in the Marange diamond fields

The Kimberley Process suspended diamond sales from Marange in 2009 due to concerns about transparency in the production chain and the illicit activities of the security services in the region, so the Zimbabwe African National Union-Patriotic Front (Z...

  • Vol 4 No 4
  •  February 2011

Platinum-bottomed deals

Foreign Minister Yang Jiechi wants strengthened relations with China’s ‘good brother’ Zimbabwe but conditions on the latest deals are tougher

  • Vol 4 No 4
  •  February 2011

The Great Dyke anomaly

Platinum output for 2011 is projected, in the Reserve Bank of Zimbabwe’s recent mid-term review, to have almost doubled in volume to 12 tonnes since 2009. The RBZ says that its export value has now overtaken gold, whose own volume has recovered by a simil...

  • Vol 4 No 4
  •  February 2011

What’s mine is mine

In November 2010, India’s Essar group (through its Mauritian subsidiary) announced it would take a 54% stake from the government of Zimbabwe in its long-troubled iron and steel works Zisco. This came as a surprise: Indo-South African group Mittal Arcelor ...

  • Vol 4 No 4
  •  February 2011

Mthuli Ncube

Chief Economist, African Development Bank

  • Vol 4 No 2
  •  December 2010

Rust never sleeps

After much stalling, the first privatisation deal with the Zimbabwe government has finally been sealed. An estimated 53% of the country’s largest public company, the Zimbabwe Iron and Steel Company, once a leading source of foreign exchange, was acquired ...

  • Vol 4 No 1
  •  November 2010

Doing the Charamba

One consortium gains, another loses: ministers will decide which lucky locals can partner with international investors in the indigenisation scheme

  • Vol 3 No 12
  •  October 2010

Blood diamonds and old soldiers

The Chiadzwa/Marange alluvial diamond fields remain off limits to Zimbabwe’s Parliamentary Portfolio Committee on Mines and Energy. Amid growing reports of Chinese involvement, Mines Minister Obert Mpofu remains tight-lipped and parsimonious with informat...

  • Vol 3 No 11
  •  September 2010

Downtown crackdown

The National Indigenisation and Economic Empowerment Board, whose mandate is to ensure that 51% of the economy is indigenised by 2015, is swinging into action. David Chapfika, the NIEB Chairman, has given notice that a crackdown on non-indigenous retailer...

Displaying 11-20 out of 32 results.