the Retail community of Southern Africa

Mozambique: IMF approves US$176 million for exogenous shocks

Thu, 02 Jul 2009 14:46:00 +0200

The executive board of the International Monetary Fund (IMF) on Wednesday, 1 July 2009, approved a 12-month, SDR113.6 million (about US$176 million) for Mozambique under the IMF's Exogenous Shocks Facility (ESF) to cushion the country from the effects of the global economic downturn, said Felix Fischer, IMF resident representative in Mozambique.
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Zimbabwe: No winds of change at the Grain Marketing Board

Thu, 02 Jul 2009 09:50:00 +0200

HARARE: The Zimbabwean government has announced new measures to boost local cereal purchases through its crisis-ridden Grain Marketing Board (GMB), but farmers are not convinced the plan will work.
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Mozambique: WB reports improved business but low productivity

Wed, 01 Jul 2009 11:10:00 +0200

MAPUTO: The business environment in Mozambique registered significant improvements last year but productivity levels, which could allow the country to compete in global markets are still a big concern, according to a World Bank report released on Monday, 29 June 2009.
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Zimbabwe still facing food shortage - UN

Mon, 29 Jun 2009 10:24:00 +0200

HARARE: Zimbabweans continue to face serious food shortages despite a significant improvement in the maize harvest this year and the filling up of shop shelves since the formation of a unity government, the United Nations (UN) said.
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Zimbabwe: The bad news of a relatively good maize harvest

Fri, 26 Jun 2009 11:09:00 +0200

JOHANNESBURG: A more than two fold increase in Zimbabwe's production of its staple, maize, in 2009 will not be enough to rid the country of food insecurity.
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Zim: Land Rover brand alive despite UK firm pull-out

Fri, 19 Jun 2009 10:34:00 +0200

A local motor vehicle firm claims it has saved the Land Rover brand in Zimbabwe from collapse, despite being ditched by the British firm over the country's political crisis.
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EU gives thumbs up to new Zimbabwe govt

Fri, 29 May 2009 14:42:00 +0200

HARARE: The European Union has expressed satisfaction with the progress that Zimbabwe's inclusive government has made so far in addressing challenges facing the country.
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ZIMBABWE: Another year without much food

Mon, 25 May 2009 09:54:00 +0200

HARARE: Zimbabwe is bracing for another year of food insecurity, amid bleak expectations from both the main maize harvest in April and the coming winter wheat crop.
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Food security and agriculture: SADC ministers meet

Fri, 22 May 2009 12:09:00 +0200

Ministers of Agriculture of the Southern African Development Community (SADC) met at the Hilton Hotel in Johannesburg, yesterday, Thursday, 21 May 2009, to discuss the way forward amid the global economic downturn that has strained their respective economies and now threatens the region's food security and agriculture production.
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IMF urges Zim to tackle challenges in banking sector

Fri, 22 May 2009 11:30:00 +0200

HARARE: A visiting International Monetary Fund (IMF) technical delegation has expressed confidence in Zimbabwe's Short Term Emergency Recovery Plan (STERP), but would like the challenges facing the banking sector to be addressed.
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