Zimbabwe's cabinet will review new local ownership rules that have sparked concern among business leaders, the industry minister said Wednesday, saying the law had been published "prematurely".
Add new comment
In brief
Cabinet to review 51% black firm ownership law
Zimbabwe inflation at -4.8% in January
Consumer prices in Zimbabwe fell by 4.8 percent January, compared with the same month last year, but the downward trend was slower than in December, the government said on Thursday.
Tobacco sells high
Zimbabwe's annual tobacco selling season began on an upbeat note Tuesday when a bumper crop went under the hammer, attributed by industry officials to good prices and more farmers.
Strike to hamper economic recovery
Workers are demanding US$630 monthly salary for the least paid up from US$120. But the broke government which is the biggest employer of about 236 000 workers is only prepared to increase wages ranging from US$2 to US$21 by April.
ZESA stops power exports
Zimbabwe's power utility has been ordered to stop electricity exports to Namibia until it can meet its own country's needs, a state daily reported on Wednesday.
Page 1 of 4
