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Keyword: zimbabwe

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  • How to Turn 100 Trillion Dollars Into Five and Feel Good About It

    05/11/2011 12:46:20 PM PDT · by Berlin_Freeper · 9 replies
    Wall Street Journal ^ | May 11 2011 | MCGROARTY And MUTSAKA
    A 100-trillion-dollar bill, it turns out, is worth about $5. That's the going rate for Zimbabwe's highest denomination note, the biggest ever produced for legal tender—and a national symbol of monetary policy run amok. At one point in 2009, a hundred-trillion-dollar bill couldn't buy a bus ticket in the capital of Harare. But since then the value of the Zimbabwe dollar has soared. Not in Zimbabwe, where the currency has been abandoned, but on eBay. The notes are a hot commodity among currency collectors and novelty buyers, fetching 15 times what they were officially worth in circulation. In the past...
  • Indigenisation sparks company closures

    05/09/2011 8:22:28 AM PDT · by vikingd00d · 13 replies
    The Zimbabwe Situation ^ | 08 May 2011 | NQOBANI NDLOVU
    BULAWAYO - Zimbabwe’s black empowerment lobby group has accused foreign owned companies of sabotaging the controversial indigenisation policy by deliberately closing shop and stripping assets to avoid take-over. Affirmative Action Group (AAG) regional treasurer, Elias Mashava on Wednesday said the indigenisation drive faces a setback if no action was taken against the companies. “We have a situation here where some companies are deliberately closing, stripping assets and selling machinery so that they are not included when the indigenisation drive is in full swing. “The government should take action against such companies who want to sabotage the black empowerment policy,” Mashava...
  • Matabeleland woman living with three husbands under one roof

    05/05/2011 8:47:25 AM PDT · by TheDingoAteMyBaby · 27 replies ^ | 2011 May 01 | Moyo Roy
    A HWANGE woman has shocked her locals after marrying five husbands, three of whom she is currently staying with under one roof, the state controlled Sunday Mail reported. Her first two husbands have died, with one of them committing suicide after a traditional court tried to end the bizarre union. The woman behind this unusual case of polyandry (having two or more husbands at the same time) is Ms Shupi Gladys Ngwenya from Gezi Line in Lupote Village, about 80km from the mining town of Hwange. According to Lupote village head Ms Lydia Ncube, before Shupi's first husband died three...
  • Zimbabwe's killing fields: Mass grave of over 600 bodies found in mine shaft.(paging Mr Obama).

    03/31/2011 7:13:48 PM PDT · by GSP.FAN · 11 replies
    Daily Mail ^ | March 31 | Daily Mail
    Hundreds of skeletons found in a remote mine shaft in Zimbabwe have been used as political propaganda by supporters of President Robert Mugabe. The Fallen Heroes of Zimbabwe Trust, a previously little known group of Mugabe party loyalists, says says the remains of more than 640 bodies have been discovered in the disused Chibondo gold mine near the provincial center of Mount Darwin, 110 miles from Harare, But while the trust says the bodies are those of victims of colonial atrocities committed under former leader Ian Smith, pathologists say visual evidence may point to more recent killings in a nation...
  • CEO Under Fire for Posting Video of Elephant Hunt in Zimbabwe

    03/31/2011 5:36:22 PM PDT · by mewykwistmas · 21 replies ^ | 3/31/2011 |
    “So be it, I'm not ashamed of what I did... All these people that are complaining that this shouldn't happen, that these people who are starving to death otherwise shouldn't eat these elephants, you probably see them driving through at McDonald cutting a steak. These people (in Zimbabwe) don't have that option,” he told the station by phone. Conflict with humans is the biggest threat to the African elephant, according to the World Wildlife Fund. "As the elephants continue to raid crop fields, farmers are being killed while trying to defend their fields and elephants are becoming the source of...
  • Harvard for Tyrants - How Muammar al-Qaddafi taught a generation of bad guys

    03/10/2011 2:25:36 PM PST · by Tailgunner Joe · 1 replies ^ | MARCH 4, 2011 | DOUGLAS FARAH
    Col. Muammar al-Qaddafi is well known now for the abuses he has inflicted on his own people during more than four decades of brutal rule in Libya, but few remember the vast campaign of carnage and terrorism he orchestrated across West Africa and Europe when he was at the height of his powers. Nor are his more recent alliance with Hugo Chávez of Venezuela and his long-standing relationship with Daniel Ortega of Nicaragua -- both of whom are busy trampling their constitutions and moving toward dictatorship -- well understood. And the fact that all three governments support the Revolutionary Armed...
  • N. Korea asking poor Africa nations for food

    03/08/2011 11:18:43 AM PST · by george76 · 15 replies
    afp ^ | March 08, 2011
    North Korea is pleading for food aid even from some of the world's poorest nations such as Zimbabwe, a report has said, amid suspicion the aid may be used to boost the regime's political standing. JoongAng Ilbo newspaper, citing a Seoul diplomatic source, said the communist North sought food not only from the United States and Europe but also from poor African countries. "Now they are begging for food even from the world's poorest countries in Africa such as Zimbabwe where annual per-capita income is only around 200 dollars," said the source quoted by JoongAng. ... Seoul once provided an...
  • Zimbabwe to sell uranium to Iran

    03/07/2011 7:57:09 AM PST · by Qbert · 9 replies
    Telegraph UK ^ | 3/6/2011 | Aislinn Laing
    Zimbabwe is to defy United Nations sanctions in a deal to sell uranium to Iran Simbarashe Mumbengegwi, Zimbabwe's foreign minister, said the sanctions – which prohibit member states from providing Iran with raw materials that it could use to make a nuclear weapon – were unfair and hypocritical. He said that Zimbabwe, which is also the subject of sanctions over human rights abuses perpetrated by President Robert Mugabe's supporters, would benefit economically from the agreement. A leaked intelligence report suggests Iran will be awarded with exclusive access to Zimbabwe's uranium in return for providing the country with fuel. The report...
  • Mugabe dispatches Commandos to protect Gaddafi

    03/04/2011 5:54:13 AM PST · by PRePublic · 17 replies
    thezimbabwemail ^ | Feb. 23, 2011
    Mugabe dispatches Commandos to protect Gaddafi – The Zimbabwe Mail Feb 23, 2011 ... HARARE – There are unconfirmed reports doing the rounds in Zimbabwe State intelligence circles saying President Robert Mugabe has sent troops from his Commando crack unit to Libya to save his long time ally and financier Colonel Muammaur Gaddafi. In 2001, a British newspaper reported that Gaddafi had sent troops to Zimbabwe, to help Robert Mugabe crack down on his political opponents and the white farmers, according to Zimbabwean intelligence officers. The two leaders have signed dozens of bilateral agreements which contributed millions of dollars worth...
  • Libya: Zimbabwean Army Helping Gaddafi in Libya

    02/27/2011 7:09:55 AM PST · by TigerLikesRooster · 18 replies
    All Africa ^ | 02/24/11 | Lance Guma
    Libya: Zimbabwean Army Helping Gaddafi in Libya Lance Guma 24 February 2011 Speculation that members of the Zimbabwe National Army are in Libya to help prop up cornered dictator Colonel Muammar Gaddafi, has gained momentum. This follows Zimbabwe's Defence Minister Emmerson Mnangagwa avoiding giving a straight answer to a question posed in Parliament. With the eastern part of Libya having fallen to anti-Gaddafi protesters, it's being reported that mercenaries from several African countries, including Zimbabwe, are putting up a stand in the west of the country, including the capital Tripoli, on behalf of Gaddafi. They are reportedly gunning down unarmed...
  • Economy Flight 666 - Our One-Way Ticket To Zimbabwe

    02/15/2011 11:25:26 PM PST · by Frantzie · 1 replies
    Zero Hedge ^ | 2-16-2011 | David Sherman Okst
    Economy Flight 666 - Our One-Way Ticket To Zimbabwe [Part 2 of Part 2, Part 1 can be found here] In the fine book “I.O.U.S.A.” former Comptroller General David Walker said, ”[The] fourth and most serious of all is a leadership deficit.” The material I reviewed underscores Walker’s observation. I’m a huge Paul Ryan fan. I’m impressed with his handle on our budget. I give him a tremendous amount of credit for addressing our dismal fiscal situation head on. I commend him for making it the center of his work. This is something most politicians refuse to even mention, let...
  • WHO Lives in a House Like This?

    02/15/2011 5:42:28 AM PST · by Reaganite Republican · 28 replies
    Reaganite Republican ^ | February 15, 2011 | Reaganite Republican
    Can you imagine the bloated ego and over-the-top taste to live in such exaggerated -even cartoonish- opulence?  A Saudi Prince, ya think?  Russian oligarch?  Chinese billionaire?  Or was it Louis XIV of France...? Any guesses yet? Why, this bodacious crib belongs to none other than Soviet-trained economic incompetent, tin-pot dictator, and self-proclaimed "Hitler of all time"... Robert Mugabe Just contrast that pad with most Zimbabweans living in grinding poverty with a 95% unemployment rate and hyperinflation that topped-out at 6.5 quindecillion novemdecillion percent (6.5 x 10108%!) ... fact is, the poor wretches he's ruled over for thirty years have never had it so bad: Zimbabwe...
  • China renews relationship with Zimbabwe (loans for access to natural resources)

    02/10/2011 1:36:59 AM PST · by Cincinatus' Wife · 2 replies
    Telegrahp UK ^ | February 10, 2011 | Aislinn Laing, Johannesburg and Peter Foster in Beijing
    Yang Jiechi's visit represents warming relations between the two countries after China distanced itself when a violent crackdown by President Robert Mugabe over disputed elections in 2008 soured the investment climate. But there have been suggestions in the local media that Mr Yang will not get a friendly reception from all quarters. A reported agreement that could see China hand over as much as $10 billion in loans in return for access to Zimbabwe's platinum and revenue from its diamond fields has caused a row among government officials, one of whom dismissed it as a "raw deal".
  • Harare descends into chaos as ZANU PF militia loot shops

    02/07/2011 1:10:29 PM PST · by vikingd00d · 10 replies
    The Zimbabwe Situation ^ | 7 February 2011 | Tichaona Sibanda
    Harare came to a standstill on Monday when a ZANU PF mob engulfed the city in chaos, destroying property worth thousands of dollars, mainly belonging to foreign owned companies. Our correspondent Simon Muchemwa told us that dozens of shops were looted when the ZANU PF militia went on a rampage, as police details stood by watching ordinary people and shop owners being abused and brutalised. Shops belonging to Zimbabweans were also caught up in the crossfire. The attacks on foreign nationals could easily be construed as xenophobic, according to our correspondent. Muchemwa said the mob, dressed in ZANU PF regalia,...
  • Invasion of tourism facilities near Harare

    01/24/2011 7:02:12 AM PST · by vikingd00d · 9 replies
    The Zimbabwe Situation ^ | 23 January 2011 | Unknown
    In what looks to be the start of the next phase of state-sponsored property heists in Zimbabwe, over 20 tourism facilities have been invaded in Lake Chivero Recreational Park (formerly Lake Mcllwaine), 37 km south west of Harare. The lake is Harare’s main water supply and the surrounding land was declared a national park shortly after construction was completed in 1952. The game park, currently home to some of the last white rhino in Zimbabwe, was opened in 1962. The invasion was reported on Friday (January 21) when a mob of about 150 people arrived without warning on Kumba Shiri...
  • Group: Third of Zimbabwe registered voters dead

    01/21/2011 10:11:51 AM PST · by NormsRevenge · 13 replies
    Yahoo ^ | 1/21/11 | Angus Shaw - AP
    HARARE, Zimbabwe – Nearly one-third of Zimbabwe's registered voters are dead, and others appear to be babies or up to 120 years old, researchers said Friday, calling for the list to be overhauled so that the upcoming election cannot be rigged. The independent Zimbabwe Election Support Network's report said that the anomalies opened the way for "double voting and other rigging intentions." In its research, the group found some 2,344 voters between the ages of 101 and 110 still on Zimbabwe's voting rolls, a dubious figure in a country where the average life expectancy is a mere 44 years.
  • Military plot to keep Mugabe in power

    01/20/2011 9:54:19 AM PST · by vikingd00d · 5 replies
    The Zimbabwe Situation ^ | 19 January 2011 | Jonathan Maromo and Peter Chidembo
    HARARE – More than 80 000 youth militia, war veterans and soldiers will be deployed across the country in an army-led drive to ensure victory for President Robert Mugabe in the next elections that, according to investigations by ZimOnline, look set to be the bloodiest ever witnessed in Zimbabwe. A three-month investigation by ZimOnline that included interviews and discussions with Cabinet ministers, senior military officers and ZANU PF functionaries, revealed a desperate determination by Zimbabwe’s top generals to thwart Tsvangirai, with some even openly bragging that they would topple the Prime Minister should he somehow triumph against the planned violence...
  • Treason: Zanu PF’s tool to sap opponents

    01/14/2011 6:09:49 PM PST · by vikingd00d · 6 replies
    The Zimbabwe Situation ^ | 14 Jan 2011 | Leonard Makombe
    IT IS almost election time in Zimbabwe and the treason season is upon us. In fact, anyone looking to challenge President Robert Mugabe for the presidency of Zimbabwe and before that the prime ministership, first has to leap the hurdle of a treason trial. It has become a sort of initiation and the higher the stakes or the stronger the opposition the more likely a treason trial will be in the run up to the elections. Anybody who has challenged the hegemony of Mugabe, such as the late Joshua Nkomo (Zapu), Ndabaningi Sithole (Zanu-Ndonga), Abel Muzorewa (UANC), and more recently...
  • Visitors snap up 100 trillion Zimbabwe bank notes

    01/02/2011 7:04:13 PM PST · by JoeProBono · 22 replies
    hosted. ^ | Jan 2 | ANGUS SHAW
    HARARE, Zimbabwe (AP) -- Western visitors to Zimbabwe are looking for zeros. They're snapping up old, defunct Zimbabwe bank notes, most notably the one hundred trillion Zimbabwe dollar bill, as an economic souvenir. The one hundred trillion Zimbabwe dollar bill, which at 100 followed by 12 zeros is the highest denomination, now sells for $5, depending on its condition.
  • California’s Central Valley: Zimbabwe West? (Or is it the New Ukraine, Circa 1936?)

    12/30/2010 7:34:30 AM PST · by SeekAndFind · 29 replies · 18+ views
    Hotair ^ | 12/29/2010 | Ed Morrisey
    Until recently, California’s Central Valley was one of the nation’s most productive agricultural regions. Not only did it feed itself, the state of California, and the entire country, it also produced exports to other nations. That kind of enterprise employed a lot of people in Central California, from farm hands to wholesalers, and created a high standard of living.That continued right up to the moment that the federal government got more concerned over the Delta smelt, a small, inedible fish, than feeding people. A court order cut off water deliveries for seven months out of the year to the Central...