Some traders voiced skepticism, but economic commentator Masimba Kuchera praised the traders association for innovation
One new entrant is projecting a generation capacity of 2,400 megawatts, twice the current 1,200-megawatt capacity of ZESA
The African Export-Import Bank contributed US$50 million towards the credit facility while the Harare government pledged US$20 million
The Indigenization Ministry has rejected proposals by mining concerns to increase investment in communities instead of divesting shares
The Zimbabwe Congress of Trade Unions said business could expect more labor actions if it insists on a once-annual pay review
RBZ chief Gono accused banks of paralyzing Zimbabwe's money markets by holding domestic deposits rather than recycling them via loans
RBZ Governor Gideon Gono told the state-run Herald newspaper his bank is being streamlined so it can focus on its core responsibilities
Banker Samson Nhliziyo said that buying small denomination U.S. and South African bills in the interbank market is too expensive.
Bulawayo officials have engaged Finance Minister Tendai Biti and Energy Minister Elton Mangoma seeking to resolve the matter
Finance Minister Tendai Biti has asked the US Treasury for help increasing the national stock of small-denomination American bills
'The two companies in question have complied with the nation’s indigenization law as they have partnered with local business people'
The Competitions, Pricing and Tariff Commission ordered a revision of the 2009 estimated bills based on meter readings
Fuel shortages have been reported in particular in Plumtree, Victoria Falls, Gwanda and Bulawayo which rely on South Africa for supplies
Bulawayo Residents Association Chairman Winos Dube said some bills issued for 2009 were as high as US$600 per household
Fly Kumba rolled out last year with fares less than half those of Air Zimbabwe on Southern African regional and domestic routes
Education Minister David Coltart said introducing national service training into the school system would be unacceptable
The Apex Council bargaining unity said it is displeased at indications that civil servant salaries won't be doubled
The Reserve Bank of Zimbabwe had requested more than US$20 million to fund severance packages for 1,600 workers being laid off
Nyanga South Member of Parliament Willard Chimbetete said the invaders have caused havoc in the Eastern Highlands district
Parliamentarians said they have used the funds to complete school projects, sink new boreholes for clean water and expand irrigation
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