SOUTHERN AFRICA
[Dumisani Ndlela] For Zimbabweans, Christmas has of late never been this merry: over the past decade, they have had to battle a hyperinflationary crisis that made it impossible to budget for festivities, while retailers shunned festive season indulgences for customers. Then there were empty shelves to contend with over the last two years. 20 Nov 2009 11:49
SOUTHERN AFRICA
A Chinese centre for research and transfer of agricultural technology is set to open in Mozambique in early 2010. The facility will use China's farming expertise to boost the African country's agricultural productivity by improving cultivation methods and training local scientists and farmers. 13 Nov 2009 10:08
SOUTHERN AFRICA
[Dumisani Ndlela] Zimbabwe's retailers, which had withdrawn credit facilities due to a hyperinflationary crisis, have brought back the credit terms for retail customers. 10 Nov 2009 07:27
SOUTHERN AFRICA
JOHANNESBURG: The UN World Food Programme (WFP) has been feeding people in Lesotho since 1965, yet the tiny mountain kingdom is still not much closer to achieving food self-sufficiency. Time to overhaul the approach, aid agencies say. 9 Nov 2009 12:30
SOUTHERN AFRICA
JOHANNESBURG: Zimbabwe's rough diamond trade has escaped a six-month suspension by the Kimberley Process Certification Scheme (KPCS) - an international initiative to stem the flow of conflict diamonds - after its own investigating team recommended earlier in 2009 that the country be temporarily barred from importing and exporting the gems. 6 Nov 2009 10:45
SOUTHERN AFRICA
Zimbabwe faces having its diamonds suspended from international trading because of alleged human rights abuses by government security forces in the country's diamond fields. 4 Nov 2009 09:00
SOUTHERN AFRICA
Bidvest Namibia, the commercial services and fishing business, announced late last week that its public offer of 50 719 000 ordinary shares had been oversubscribed. Applications for 54 809 716 shares came in from 676 applicants. 26 Oct 2009 06:34
SOUTHERN AFRICA
[Dumisani Ndlela] The country's beverages group, Delta Corporation, has brought back the Chibuku “shake-shake” brand of opaque beer which had been abandoned in 1991 with the introduction of the “scud” brand. 23 Oct 2009 11:58
SOUTHERN AFRICA
[Fidelis Zvomuya] Standing under a Musawu tree, in the middle of her homestead, three months pregnant, Muchaneta Kagodo, is terrified, as changes in climate have spelt misery, loss and hunger. Kagodo is from Kairezi village in Muzarabani, Zimbabwe. 22 Oct 2009 12:02
SOUTHERN AFRICA
The offer to the Namibian public of 50,7 million shares closes today, Thursday 15 October 2009 at 12pm ahead of the scheduled listing of Bidvest Namibia on the Namibian Stock Exchange on 26 October. The listing is expected to raise N$313.6 million, earmarked for further investment and expansion of local opportunities. 15 Oct 2009 08:51
SOUTHERN AFRICA
NEWSWATCH: South Africa's Shoprite has put its latest investment plans in Zimbabwe on hold according to a report on Mail & Guardian online yesterday, Monday, 12 October 2009, due to the unstable socio-economic and political landscape in the country. 13 Oct 2009 07:38
SOUTHERN AFRICA
[Arão Valoi] MAPUTO: As South Africa prepares for the 2010 FIFA World Cup, Mozambican travellers are already indicating a desire to visit the country. Spending by Mozambican Visa cardholders visiting South Africa increased last year compared with 2007, says the Visa Tourism Outlook, a new report highlighting international Visa cardholder spending in South Africa, issued in September 2009. 7 Oct 2009 07:16
SOUTHERN AFRICA
HARARE: The United States Agency for International Development (USAID) and the Standard Chartered Bank of Zimbabwe (Stanchart) have signed an agreement to enable the bank to expand its lending by US$20 million over five years. The program, made possible under USAID's Development Credit Authority, is targeted at the agricultural sector and will allow Stanchart to increase the number of loans it makes directly to farmers and enterprises. 6 Oct 2009 08:34