EconWatch.com > Zimbabwe's economy shows signs of life : The Zimbabwe Times

[The Zimbabwe Times] THE moribund Zimbabwean economy, in particular its battered stock exchange, is showing signs of life. And though Prime Minister Morgan Tsvangirai’s foreign trip –

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[Trends Updates] Morgan Tsvangirai: Aid Seeker for an Ailing Zimbabwe | Trends Updates: Politically, it also offers a respite to Tsvangirai who has been deluged with criticism for his tours abroad.  The Prime Minister, who took the risk of sharing power with Mugabe to bring the country out of a deep political crisis, admits. “The aim of our tour was to define a new diplomatic relationship with our European partners and the U.S. after ten years of isolation.

[The Zimbabwe Times] Biti dismisses $950m Chinese loan report : The Zimbabwe Times: HARARE - Finance Minister, Tendai Biti says civil servants will soon start earning normal salaries as opposed to a flat US$100 which government has been paying to all its workers since the beginning of the year.

[News] Zimbabwe economy shows early signs of recovery: IMF | Weekday Top ...: WASHINGTON - Improved economic policies in Zimbabwe have led to a "nascent" recovery in the economy, the International Monetary Fund said on Thursday, but stressed the country must clear more than $1.1 billion in arrears to creditors before it can qualify for IMF financial aid. (Pictured: Finance Minister Tendai Biti.)

[zimbabwemetro.com] “Zimbabwe's Slow-Burning Crisis Could Affect Africa ...: After a few moments of international attention when Morgan Tsvangirai and his Movement for Democratic Change (MDC) formed a unity government with their long-time oppressors, Zimbabwe has now been eclipsed by more dramatic headlines from elsewhere. The challenges of rebuilding the country’s ruined political and economic systems are daunting, and the global recession has seriously hurt trade and investment opportunities, as well as remittances from diaspora workers that provide eight percent of the country’s GDP.

[Nehanda Radio] Morgan Tsvangirai Catching a Falling Knife | Nehanda Radio: The general populace that the Diaspora left in Zimbabwe after the mass exodus was incapable of waging a formidable civil disobedience (the magnitude of recent Iranian uprising or Ukraine’s Orange Revolution) that was needed to topple Mugabe. The international community had given up on Zimbabwe only to resurface last year with an inclusive government-type deal.

[The Zimbabwe Times] IMF sees signs of economic recovery : The Zimbabwe Times: The IMF said public finances have benefited from the recovery in economic activity and consumption, and the government matched expenditure to revenue during January-May 2009. A significant rise in budget revenue in recent months has made it possible for the government to increase spending in social areas, the IMF said.

[zimbabwemetro.com] Zimbabwe to Re-evaluate all Mining Contracts | zimbabwemetro.com: Prior to the new move to re-evaluate mining contracts, a vital concern for investors in Zimbabwe which has the world’s second-biggest platinum reserves and hefty deposits of diamonds, coal and nickel, was a law limiting foreign ownership of businesses, including mines, to 49 percent.

[AfricaNews - Active topics] AfricaNews - China gives $950m to Zimbabwe - Sam: China has offered Zimbabwe the biggest credit lines of $950 million set to help the southern African country build its economy. The country's Prime Minister Morgan Tsvangirai who recently was on a European tour to seek for aid, confirmed the credit lines saying it came through its Ministry of Finance.

[The Zimbabwe Times] No difference between Mugabe and Zimbabwe : The Zimbabwe Times: We saw him blundering through his opposition of Mugabe, first making Whitehall his stop of choice in Europe, .I would have liked to believe you but the state of the Zimbabwean economy with regards to wards of US$ and resources leaves a lot to be desired because, mind you, the bloated govt, bloated foreign service, massive hunger and starvation.

[Kubatana.net speaks out from Zimbabwe] Kubatana.net speaks out from Zimbabwe » Blog Archive » Diamonds ...: The Zimbabwean economy is in desperate shape, the government is bankrupt, and MDC leaders including Morgan Tsvangirai and Tendai Biti have been fund raising in Africa, Europe and the US to try and get some cash to pay civil servants, meet the country’s monthly running costs, and rebuild the nation’s economy.

[Breaking News] Zimbabwe's Tsvangirai says coalition with Mugabe in no danger of ...: HARARE - Zimbabwe's opposition said Sunday it will not 'commit political suicide' by entering into a government with President Robert Mugabe without the power to deliver change. Speaking at a national executive meeting of the Movement for Democratic Change (MDC) ahead of talks on forming a government of national unity, MDC spokesperson Nelson Chamisa said: 'We cannot go into positions of authority without the attendant and consequent power to enable us to deliver on change, food and jobs.'

[Zimbablog] The nightmare of peace and stability in Zimbabwe : Zimbablog ...: Zimbabwean Hip Hop dancers have an opportunity to change the answer to that question at the 20th International BOTY contest to be held in Germany in October this year- but first they need to win local and continental heats that will bring maestros of this acrobatic dance form together.

[Breaking News] Zimbabwe's PM Morgan Tsvangirai defends decision to share power ...: HARARE - Zimbabwe's Prime Minister Morgan Tsvangirai Sunday made an impassioned appeal to the international community to fund the country's new coalition government, calling the situation in the hunger- and disease-wracked country 'dire'. Speaking at his Movement for Democratic Change (MDC) party's 10th anniversary celebrations in Gweru, about 300 km south-west of Harare, Tsvangirai said Zimbabwe had to 'borrow and beg' for aid to turn around the battered economy.

[Baiganchoka] Democracy in Africa by Dhanpaul Narine - Baiganchoka.com: Kibaki, in a prepared speech has called on the new cabinet, “ to put politics aside and get to work.” How effective and workable the new cabinet is remains to be seen. It is no secret that Odinga and Kibaki fell out the last time they tried to work together.

[White House Chronicle] Blood Diamonds Steady Mugabe » White House Chronicle: Now Zimbabweans are asking whether the trappings of power have corrupted their hero or whether, in accepting the South Africa-brokered power-sharing deal, Tsvangirai boxed himself in. Anyway, he looks as though he has become Mugabe’s bagman, touring the world seeking “investment.” Tsvangirai has been promised some very limited humanitarian aid, including $8 million of conditional aid from the British and a promise of a little over $73 million of even more restricted and conditional aid from President Obama.

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