Investing in Zimbabwe

World Briefing | Africa: Zimbabwe: Trial Ordered for Senior Party Official

New York Times Jul 2

Roy Bennett of the Movement for Democratic Change, will be tried Oct. 13 on terrorism charges his party says were trumped up, his lawyer, Trust Maanda, said.

Zimbabwe Says China Is Giving It Loans

New York Times Jul 1

Zimbabwe’s prime minister, Morgan Tsvangirai, said an appointee had secured $950 million in credit from China, a longtime ally of Robert Mugabe.

[$] Zimbabwe turns to China for $950m credit line

Financial Times Jul 1

World Briefing | Africa: Zimbabwe: Political Partnership Shows Further Strain

New York Times Jun 30

Taking a harder line on its power-sharing deal with President Robert Mugabe’s ZANU-PF party, the opposition party boycotted a cabinet meeting on Monday.

Zim PM rules out revival of local currency

Commodity Online Jun 29

Zimbabwe Prime Minister Morgan Tsvangirai ruled out at the weekend any revival in the short term of the local currency scrapped earlier this year to beat world record inflation.

Weekend Wisdom: U.S. About To Go Broke? Edition

ADR Universe Jun 28

The United States Federal Reserve is creating too much money, putting the US on the same path as Zimbabwe which, I guess you heard, has finally created so much money that its currency is now officially worthless. Worthless! From the US to...

Zimbabwe’s Diamond Fields Enrich Ruling Party, Report Says

New York Times Jun 26

Human Rights Watch says the military has used illicit revenues to buy the loyalty of restive soldiers and enrich party leaders.

Zim wants to go back to its own currency

Commodity Online Jun 26

Zimbabwe President Robert Mugabe said the country may revive the use of its own currency because the U.S. dollar introduced to tame hyperinflation was unavailable to a majority of people.

Zimbabwe’s Gem Mine Seizure Killed 200, Group Says

Bloomberg Jun 26

(Update1) Zimbabwe’s security forces killed more than 200 people when the government drove illegal workers off the Marange diamond field last year, and abuses continue to this day, Human Rights Watch said.

World Briefing | Africa: Zimbabwe: State Abducted Activist

New York Times Jun 26

A prosecutor admitted during a Supreme Court hearing that state security agents illegally abducted and detained Jestina Mukoko, a human rights advocate, in December.

Will blood diamonds haunt Surat again?

Commodity Online Jun 25

A conference being held at Windhoek in Germany on preventing the sale of blood diamonds said the international body created to stop the sale of diamonds to finance warfare or insurgencies has failed to end Zimbabwe s illegal gem trade.

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