Vol 5 (AAC) No 11 | ZIMBABWE Welshman Ncube 3rd September 2012 Minister of Industry and Commerce, Zimbabwe Industry and Commerce Minister Welshman Ncube appears to have cleared the hurdles blocking the rehabilitation of the Zimbabwe Iron and Steel Company. India's Essar Africa Holdings agreed in...
Vol 5 (AAC) No 10 | ZIMBABWEINDIA Missing the sparklers 31st July 2012 Disappearing diamond revenue is slowing economic growth and enriching illicit networks at the interstices of India-Zimbabwe trade Disappointing diamond revenues and other factors forced Finance Minister Tendai Biti to slash predictions for Zimbabwe’s gross domestic product growth in 2012 from the expected 9.4% to just...
Vol 5 (AAC) No 10 | ZIMBABWEINDIA No retail therapy here 31st July 2012 Since he was widowed in March 2009, Movement for Democratic Change (MDC) leader Morgan Tsvangirai has been involved in a series of romantic escapades that have drawn...
Vol 5 (AAC) No 10 | ZIMBABWECHINABRIEFING Diamonds give you wings 31st July 2012 Anjin Investments is attracting even more attention from the authorities after a Global Witness report released in late June highlighted the company’s links to the security services and...
Vol 5 (AAC) No 9 | ZIMBABWECHINA Parting gifts 30th June 2012 As new national elections loom, both parties in Zimbabwe’s coalition government are building stronger ties with Beijing China’s new Ambassador Lin Lin takes up his post in Harare this month. Ambassador Lin follows the outgoing Xin Shunkang, who completed a highly successful two-and-a-half-year tour of...
Vol 5 (AAC) No 7 | ZIMBABWEINDIA Steel while the iron is hot 4th May 2012 Essar’s investment in the former ZISCO operations have slowed again as negotiations over access to mining rights delay development Essar’s deal for rehabilitating NewZim Steel (formerly the Zimbabwe Iron and Steel Company) is teetering on the brink of collapse.
Vol 5 (AAC) No 4 | ZIMBABWEINDIABRIEFING Diamonds are a rough business 10th February 2012 The two-day state visit of India’s Commerce Minister Anand Sharma in mid-January gave Indian investors the opportunity to complain about the restrictions and obstacles that – despite decades...
Vol 5 (AAC) No 2 | ZIMBABWEINDIABRIEFING Essar takes control of Zisco 13th December 2011 India’s Essar Group has at last won control of Zimbabwe’s iron and steel works, after months of infighting in the Zimbabwe African National Union-Patriotic Front threatened to derail...
Vol 5 (AAC) No 1 | ZIMBABWECHINA Harare in the sky with diamonds 10th November 2011 The government is working on a diamond-backed deal to buy new aeroplanes as the Kimberley Process allows the country to export gems again The Zimbabwe African National Union-Patriotic Front (ZANU-PF) government has tried to disguise its plan for China Sonangol to finance new airplanes for Air Zimbabwe. The joint venture between...
Vol 5 (AAC) No 1 | ZIMBABWECHINA Protection makes a racket 10th November 2011 South Korean companies had worried that they would not receive the same advantages as Chinese companies (AAC Vol 4 No 12, Faith, Grace and intervention). However, Indigenisation Minister...