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Zimbabwe Update: A Postcard from Mugabe’s Paradise

Sunday, August 3rd, 2008

I am reprinting verbatim a post in “Kubatana.net speaks out from Zimbabwe” a blog I follow with some interest. Those of us following the goings on in Zimbabwe must remind ourselves of the daily struggles for survival in Zimbabwe, which this post does rather well unfortunately:
With inflation recording 2,2 million percent and economists like Erick [...]

Popularity: 16% [?]

Zimbabwe Will Fall: It’s the Economy Stupid!

Tuesday, July 29th, 2008

In today’s BBC News Africa, there is an interesting article about the economic crisis in ZImbabwe and its ultimate impact it will have on the Mugabe government. It points out that with the inflation rate in Zimbabwe at 15 Million percent, 256 Billion Zimbabwe dollars  gets you a loaf of bread. Zillionaires are starving in [...]

Popularity: 18% [?]

U.S. Freezes Zimbabwe Assets

Sunday, July 27th, 2008

Reuters reported Firday that the U.S. Treasury Department moved to freeze assets of 17 business enterprises controlled by the Zimbabwean government. The Treasury Department’s decision was driven by the companies’ support of President Robert Mugabe’s regime.

Popularity: 13% [?]

COUNTRY RISK 2008: Zimbabwe

Wednesday, July 23rd, 2008

Last week, we described the 16 worst countries in the world for business activity based upon an assessment of several factors developed by the World Bank Institute. Today, we begin to look at specific countries, focusing on the factors that lead us to our conclusions.
We begin by focusing our attention on Zimbabwe, a country in [...]

Popularity: 19% [?]

CAMEC Opens Platinum Mine in Zimbabwe

Sunday, July 20th, 2008

Central African Mining & Exploration Company (CAMEC) has announced that it will begin mining platinum in ZImbabwe next year. As reported in today’s Financial Times, the company has been criticized for doing business with the Mugabe regime in Zimbabwe but defends its position:
There have been reports linking these assets to members of the ruling Zanu [...]

Popularity: 16% [?]

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