Zimbabwe's diamond sector is facing trouble again in the New Year with a coalition of industry-based associations and representatives in the US met the state department and demanded tough action by the Kimberley Process against the erring miners. They urged strict steps in implementing the joint work plan (JWP) designed to bring Zimbabwe into full KP compliance.
Demand for diamonds on the world market will make it possible to double production by 2020, due to a recovery of the US economy and the needs of countries such as China and India. Doubling of production would be a result of a rise in China's market share to 10 per cent and increasing demand from India by 2015, as well as from retailers and long-term acquisition contracts.
Zimbabwe, the country with over 1,00,000 per cent inflation, has done everything to cash in on the gold boom witnessed in the world during the past year. As a result, the country's gold production has gone up by almost 35 per cent to 4.2 tonnes last year. This is a remarkable recovery fro Zimbabwe and its mining sector despite erratic power supply.
Swiss food company Nestle has suspended operations in Zimbabwe, complaining of harassment after it pulled out of a deal to buy milk from a farm taken over by President Robert Mugabe's family.
Swiss food company Nestle has suspended operations in Zimbabwe, complaining of harassment after it pulled out of a deal to buy milk from a farm taken over by President Robert Mugabe's family.
Shooter Bill Simmons wrote me: “…If things continue to muddle along into the progressively improving future as they always have in the grand scheme of things…”
World leaders took the stage at the largest ever climate talks on Wednesday as ministers scrambled to rescue troubled negotiations on a pact to avoid dangerous global warming.
The town of Livingstone, Zambia, near Victoria Falls, was named after Doctor David Livingstone, the missionary born in Blantyre, Scotland, where I once lived as a child. It is illustrative of how much the world has changed, in such a relatively short time, that it was a mere 150 years since he had become
A Zimbabwean-registered cargo plane en route to Kyrgyzstan crashed on take-off in Shanghai on Saturday, killing three U.S. crew on board and triggering a fire, state media and a U.S. spokesman said.
Prime Minister Gordon Brown said he would lobby for support for his plan to make banks pay for any future bailout at a Commonwealth summit this week.
Zimbabwean Prime Minister Morgan Tsvangirai left Thursday for North Africa, where analysts said he would meet Libyan leader Muammar Gaddafi to maintain political pressure on President Robert Mugabe to honor their power-sharing accord.
The International Documentary Association on Thursday unveiled nominees for its widely-watched awards, putting its spotlight on non-fiction films that might also compete for Oscars early next year.
Zimbabwe's government has proposed that indigenous Zimbabweans take 51 percent ownership of all foreign companies, including mines and banks, according to a draft law seen by Reuters Friday.
Freed British mercenary Simon Mann said his homecoming was the most wonderful he could have imagined, after earlier expressing relief that his West African coup attempt had failed.
President Robert Mugabe has shrugged off the former opposition's boycott of Zimbabwe's unity government, saying he would not yield to pressure to make concessions, state media reported on Saturday.
President Robert Mugabe said on Tuesday Zimbabwe wanted friendly relations with Western countries who have been critical of it in the past.
U.S. President Barack Obama makes his United Nations debut on Wednesday, hoping his international star power can throw new muscle behind a policy agenda that is already struggling to deliver.
President Robert Mugabe welcomed the first top-level European Union delegation to visit Zimbabwe in seven years with open arms on Saturday and said talks on implementing a power-sharing deal went well.
African leaders will step up calls on Monday for an end to Western sanctions against Zimbabwe and urge South Africa to plead Harare's cause within the Group of 20 rich and developing nations, officials said.
People who've traveled through Africa almost always say it was an amazing and unforgettable experience, yet most others are still either scared or disinterested.
U.S. Secretary of State Hillary Clinton encouraged South Africa Friday to press for reform in Zimbabwe and said Washington would build closer ties with Pretoria after strains under the Bush administration.
U.S. Secretary of State Hillary Clinton will push South Africa to use its influence with neighbor Zimbabwe, while also seeking closer ties with Pretoria after strained relations with the Bush administration.
