Zimbabwe's Premier Business and Investments Site

Two Zim diamond miners added to US sanctions list

WASHINGTON - Mbada Diamonds and Marange Resources, two companies that mine diamonds in Zimbabwe’s controversial Chiadzwa region, have been added to the US sanctions list, Zimbabwean news outlets reports.

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Aquarius confirms Mimosa ownership deal

JOHANNESBURG – Aquarius Platinum confirmed on Tuesday that local communities have acquired a stake in the Mimosa mine in Zimbabwe, which it jointly owns with world number-two platinum miner Impala Platinum (Implats).

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Zimbabwe scrambles for plane seized over $1.2 mln

HARARE - Zimbabwe's state-owned airline was scrambling for cash on Tuesday to secure the release of a plane seized in London by a U.S firm over a $1.2 million debt, a senior airline official told state media.

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Masiyiwa makes Forbes Rich List

Zimbabwe's largest mobile telecommunications, Econet Wireless Communications founder and largest shareholder, Strive Masiyiwa has made Forbes’ inaugural list of the 40 Richest People in Africa which excludes politicians.

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Woodford's Zimbabwe investment raises $50m

Zimbabwean investment company Masawara, which is backed by Neil Woodford in the £18.6bn Invesco Perpetual income funds, has raised $50m towards its capital target since IPO last year.

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Proposed US$4 Billion 2012 Budget Well Received

HARARE - Zimbabwean Finance Minister Tendai Biti’s US$4 billion 2012 budget has been well received by stakeholders in the health, education and other sectors.

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Espionage charges against Africom bosses dropped

HARARE (Zimbabwe Investor) - Espionage charges, levelled against Africom directors, Simba Mangwende and Farai Rwodzi together with the owner of Global Satellite Systems, Oliver Chiku, were dropped by the state before plea when the accused appeared before provincial magistrate Munamato Mutevedzi on Wednesday, November 16, 2011. This happened two weeks after they were released on bail from custody where they had spent a week following their arrest.

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Zimbabwe economy seen up 7.8-9 pct in 2012-finmin

HARARE — Zimbabwe's economy is projected to grow by up to nine percent next year, driven by stronger farm output and mine exports, Finance Minister Tendai Biti said.

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Cricket-List of largest test cricket victories
Jan 28 (Reuters) - List of largest victories in test cricket after New Zealand beat Zimbabwe by an innings and 301 runs in their one-off test in Napier, New Zealand on Saturday: Winner Opponent Result Venue Year England Australia innings & 579 runs London 1938 Australia South Africa innings & 360 runs Johannesburg 2002 West Indies India innings & 336 runs Kolkata 1958 Australia England innings & 332 runs Brisb
Cricket-New Zealand win test after bowling Zimbabwe out twice in one day
Jan 28 (Reuters) - New Zealand highlighted the gulf in international cricket when they bowled Zimbabwe out twice on Saturday to win the only test match of their tour at McLean Park in Napier by an innings and 301 runs.
African Markets - Factors to watch on Jan 27
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: *SENEGAL - Court ruling due on whether incumbent President Abdoulaye Wade' s eligibility to stand for a third term in the upcoming February 26 election. *MAURITIUS - The Bank of Mauritius to auction 91-day Treasury bills worth a total 400 million rupees. GLOBAL MARKETS A broad asset rally inspired by th