Archive for August 31st, 2008

source: The Financial Gazette
Godfrey Ganetsang

BOTSWANA — Francistown retailers, wholesalers and shopkeepers have welcomed the announcements that the Zimbabwean government has extended the waiver on import duty to December.

Prospects of loss of profitable business from the bulk purchasing Zimbabweans caused a lot of apprehension in the city’s business community after the Zimbabwean government’s suspension of import duty on basic commodities expired on August 12.

Political strife in Zimbabwe tore the country apart resulting in skyrocketing inflation and the collapse of the national economy.

The collapse of the manufacturing and agriculture industries led to scarcity of basic commodities like cooking oil, sugar, soap, rice and flour, especially after a number of retailers closed shop, triggering massive food shortages throughout the country.

Skyrocketing inflation and a general decline in the economy has crippled the Zimbabwean manufacturing sector and [continue reading]

source: allAfrica
Angola Press Agency (Luanda)
29 August 2008
Posted to the web 29 August 2008

The director of the National Institute for Education Research and Development (INIDE), David Chivela, announced that the project of introducing the subject of Business Education, in secondary school, is to start being materialised as from October, in 10 provinces of the country.

Speaking to ANGOP, about the programme of the institution in the last six years, turned to the improvement of the education system, INIDE director said that the project is a partnership with the United Nations Development Programme (UNDP) and it will benefit over five thousand students and it is aimed at promoting entrepreneurial capacities among young people.

The project also aims at promoting sustainability, creation of new jobs and fight against poverty. In the first five years (first phase), it will be applied more than USD 5 million, the official said.

To achieve better results, the project will [continue reading]

source: SW Radio Africa
By Tichaona Sibanda
29 August 2008

South African President Thabo Mbeki has reconvened power-sharing talks between the MDC and ZANU PF in the hope that both parties will be persuaded to strike a deal, despite Robert Mugabe committing grave breaches to the Memorandum of Understanding signed by all parties on the 21st July. This is contrary to earlier reports that the talks were set to resume next week.

Privately, Mbeki has not been keen to renew the talks using the excuse that the MDC have said they would not sign the deal on the table in its current form because it favours Robert Mugabe.

Regional and international pressure has been mounting for Mbeki to ask both sides to make ‘painful concessions’ to end the stalemate and start with the normalisation of the political, economic and humanitarian situation in the country.
The South African leader’s latest attempt to inject momentum into the faltering SADC initiated peace process, is not expected to yield any promising outcome given the radical positions adopted by the negotiating parties.
The talks have been bedevilled by Mugabe’s refusal to cede any of his powers, and demote Tsvangirai to a minor role of [continue reading]