adminYear 2012 expected to present better opportunities for Zimbabweans
By Yoliswa Dube
THE economy is rebounding after a decade of decline during which time the Gross Domestic Product (GDP) fell by more than a third and per capita income by 40 percent, combined with hyperinflation.
SA to officially assume Security Council presidency
Johannesburg — President Jacob Zuma arrived in New York on Tuesday ahead of South Africa officially assuming the rotating presidency of the UN Security Council for January.
Iranian, Venezuelan leaders rebuff US
Caracas — Iranian President Mahmoud Ahmadinejad and Venezuela’s Hugo Chavez lavished praise on each other on Monday, mocked US disapproval and joked about having an atomic bomb at their disposal.
Despite their geographical distance, the fiery anti-US ideologues have forged increasingly close ties between their fellow OPEC nations in recent years, although concrete projects have often lagged behind the rhetoric.
Guinea-Bissau’s Sanha to be buried Sunday
Bissau — The body of Guinea-Bissau’s president Malam Bacai Sanha, who died in a Paris hospital earlier this week, will be flown back on Saturday and buried the following day, a foreign ministry official said.
Ortega starts third term in Nicaragua
Managua — Nicaraguan ex-rebel Daniel Ortega, joined by allies from Iran and Venezuela, started his third term as president Tuesday with a legislative super-majority that has provoked fears of authoritarianism.
The leftist 66-year-old Ortega, who has long since traded guerrilla garb for white shirts and Christian messages of peace, returned to office in an evening ceremony in Managua’s Revolution Square, decked out in thousands of flowers.
Govt drafts inter-parastatals debt strategy
By Oliver Kazunga
THE Government is drafting an inter-parastatals debt strategy to allow the entities clear their debt to each other, State Enterprises and Parastatals Minister Gorden Moyo has said.
In an interview, he said Government was concerned over public entities’ indebtedness to each another.
Power restored at Valley Irrigation Scheme
Chronicle Reporter
VALLEY Irrigation Scheme has reportedly had electricity restored after settling part of the $43 000 debt it owed to Zesa with the development bringing a sigh of relief to farmers.
The villagers reportedly paid $10 0000 to Zesa who had promised to restore power to them if they paid the amount.
Demand Indigenisation compliance certificates: NIEEB
Business Reporter
THE National Indigenisation Economic and Empowerment Board (NIEEB) has urged licensing authorities to demand indigenisation compliance certificates before granting operating licences to foreign-owned entities in the country.
Stakeholders urged to expedite UNWTO preps
Business Reporter
Tourism stakeholders have been challenged to expedite preparations for the United Nations World Tourism Organisation general assembly scheduled for 2013 in order to meet the deadlines for the event.
The occasion which will be attended by 183 countries in Victoria Falls in one of the biggest gatherings in the country, is expected to benefit the tourism industry in Zimbabwe and Zambia as they will be marketed to 183 countries and beyond.
Councillor, vendor clash over vending stall ownership
Midlands Correspondent
GWERU residents have blasted Gweru city councillors for allegedly grabbing vending stalls in Gweru Central Business District from the owners and allocating them to their relatives.