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SOUTHERN AFRICA Zimbabwean diamonds face banZimbabwe 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 share-offer oversubscribedBidvest 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 Zim: Delta brings back the old beer brand[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 Zim: Climate change puts Muzarabani on knife edge[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 Deadline looms for Bidvest Namibia share offerThe 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 Shoprite halts Zim investment plans
SOUTHERN AFRICA Mozambique contributes millions to SA economy
SOUTHERN AFRICA Zim: USAID launches agricultural support facilityHARARE: 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 SOUTHERN AFRICA New milk supply arrangements for Nestlé Zimbabwe
SOUTHERN AFRICA Interest builds ahead of Bidvest Namibia's listingInterest is building up in the planned stock exchange listing of Bidvest Namibia ahead of distribution to prospective investors of the listings prospectus. Sebby Kankondi, Windhoek-based CEO of Bidvest Namibia, reports that interest has been huge and staff have fielded constant enquiries since listing preparations were advertised in local media. 1 Oct 2009 11:08 SOUTHERN AFRICA IMF to loan millions to AngolaThe International Monetary Fund has drawn up a preliminary agreement with Angola to grant up to US$890 million in loans. The deal, announced on Tuesday, 29 September 2009, will help alleviate the country's immediate cash flow pressures, the IMF said. 1 Oct 2009 07:32 SOUTHERN AFRICA Visa International back in Zim
SOUTHERN AFRICA Zim retailers sideline wholesalers as competition intensifies[Dumisani Ndlela] Zimbabwe's retail players are circumventing wholesalers in the country's supply chain as retail competition in the country intensifies. Retailers are seeking direct relationships with manufacturers in order to cut prices and keep customers in a highly competitive market. 17 Sep 2009 13:53 Latest jobs | Ad showcase |
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. 
The Dairy Board of Zimbabwe yesterday, 1 October 2009, informed the Gushungo Dairy Estate and the seven other farms with whom Nestlé Zimbabwe began working on a temporary basis in February 2009, that it is now in a position to resume purchasing their milk. Nestlé Zimbabwe therefore will no longer be receiving milk from these eight farms from Sunday, 4 October 2009. 
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