HARARE, Zimbabwe (Reuters) - Zimbabwe's President Robert Mugabe on Saturday threatened to act against companies from Western countries that have imposed sanctions on his party over suspected election...
Zimbabwean Prime Minister Morgan Tsvangirai called Wednesday’s presidential and parliamentary vote a “sham election” and said the results may threaten stability in the southern African nation.
“This election has been a huge farce,” he told reporters today in Harare, the capital. “The shoddy manner in which it was conducted and the consequent illegitimacy of the result will plunge this country into a serious crisis.”
For more than 20 years, Beatrice Mtetwa has fought for freedom in Robert Mugabe’s Zimbabwe.
It’s a battle that has pitched the human rights lawyer against the aging leader and his state-wide apparatus of terror and intimidation.
Like the politicians, journalists and activists she often defends, Ms. Mtetwa has been the target of intimidation, beatings and now imprisonment.
The country which over the past decade is most synonymous with "financial innovation" of the less than desirable kind, such as hyperinflation, complete currency and economic collapse and wholesale property confiscation, has just taken financial central-planning brilliance to the next level and following dictator Robert Mugabe's "reelection" has announced plans to open a new and "racially exclusive" stock exchange, allowing blacks alone to trade.
When it comes to political rhetoric, no one can top the un-filtered awesomeness of 89-year-old Robert "we are delivering democracy on a platter" Mugabe. Following his 61% of the vote winning election at the end of July, Sky News reports that Mugabe's first public speech was full of his typically defiant pith.
Robert Mugabe's re-election as president of Zimbabwe last week raised concerns for many economists who believe the country's foreign investment will greatly diminish under the 89-year-old's economic policies.
Those concerns took on greater significance Monday when the nation’s stock market suffered its largest one-day decline since 2009.
Harare-based economist John Robertson believes the hopes of business leaders there were quashed when Mugabe took a 61 percent majority of votes ...
Zimbabwe's finance minister said on Thursday the country will stick to an IMF monitoring program that could pave way for the country to clear its debts, as the economy grapples with chronic power cuts and a crippled manufacturing sector.
Zimbabwe is still emerging from a decade of economic decline and hyperinflation, but the economy is stuttering in the aftermath of a disputed election in July that has extended President Robert Mugabe's 33-year rule.
Harare began an ...
HARARE (Reuters) - Anglo American Platinum, the world's largest miner of the metal, has agreed to transfer 51 percent of its Unki mine in Zimbabwe to locals, the firm said on Thursday, following pressure from President Robert Mugabe's government. Mugabe is championing a controversial law which requires foreign-owned firms, mostly mines and banks, to surrender majority stakes in their Zimbabwean operations to local blacks.
President Robert Mugabe said Wednesday that he and his partners in Zimbabwe's unity government agreed that "sanctions must go", a day after the European Union extended its restrictions on the country."We are in agreement," Mugabe told reporters after a tourism conference in Harare. "We are all agreed that the sanctions must go."Mugabe and his erstwhile rival Prime Minister Morgan Tsvangirai formed a unity government nearly a year ago, aiming to end political unrest targeting mainly supporters of the premier's Movement for Democratic Change (MDC).
President Robert Mugabe has reportedly offered a $300,000 reward to anyone who can unmask an anonymous whistleblower behind a string of leaks about alleged Zimbabwean government assassination plots, corruption and plans to rig this month’s election.