AS COMPANIES continued to bleed in the global downturn, the government's planned response to the crisis was still nowhere near implementation stage, sources said at the weekend.

THE Bankers Association of Zimbabwe has set up a US$200 million loan facility to finance tobacco and cotton growers for the 2009/10 farming season.

Mozambique's TV broadcast industry is comparatively small for the size of the country. It is limited by how many of the country's population it can reach and therefore the level of advertising revenues that can be achieved. Nevertheless it s

Several months ago it was reported that there were buckets of rough diamonds kept inside the vaults of the Reserve Bank of Zimbabwe. These were sold on the black market and used to keep the ZANU PF regime afloat, when

ZIMBABWE might be heading for a clash with the United Nations after the government indicated that it will not immediately demilitarise the Chiadzwa diamond fields where the security forces allegedly killed over 200 people last year, political analysts said last

The East African Community is launching a major venture into the global markets with a three-day international investment conference in Nairobi beginning July 29.

Botswana Export Development and Investment Authority (BEDIA) is confident that despite the global downturn which has dried up liquidity needed for trading, it will reach its targets of netting P60 million in business transactions and increase exhibitors to 250 at

Shareholders of the First Bank Nigeria Plc are to get a dividend of 1.35 naira per share and a bonus issue of one for 6 ordinary shares previously held, the bank said in its full-year audited group results for the

Liberian Vice President Joseph N. Boakai and delegation have held series of discussions with Chinese officials aimed at further strengthening trade ties between Liberia and China.

The deputy minister of Urbanisation and Housing, Joaquim Silvestre, expressed on Friday in M'banza Congo city concern at the technical quality of houses being built under the "Angola Youth" programme.

Angolan minister of Family and Women Promotion, Genoveva Lino, on Saturday here called for understanding from all public institutions, churches, civil society and the United Nations to invest in women as much as they do in men foreseeing the reduction

Music businessman Afonso Quintas on Sunday urged Angolan disc jockeys (DJs) from nightclubs of Luanda and others to adhere to the USD 1,000 credit being granted by the "Made in Angola" music production firm.

The Angolan rapper, Big Nelo, is starting Saturday a tour of Portugal, with an agenda of shows in several cities, Angop learned.

People all over the globe commemorated on Saturday (July 11) the World Population Day, which was established by the Council of Governors of the United Nations Development Programmes, in 1989.

Investment Opportunity: Forestry & paper

The issue is alleged to have occurred in December 2008 and for several months Kamlomo has apparently been trying to get the side of the police to no avail.

No formal charges have been laid yet against the temporary mine workers who held hostage their supervisors for several hours at the Crocodile Mine, near Brits.

Botswana-focused Firestone Diamonds said it has conditionally placed 35,873,480 new shares at 20 pence each to raise approximately £7.2 million (P85.3 million) before expenses. The money will be used to commission a mine at BK11 near Orapa, commence resource development

The government will next month recruit environmental officers and post them to all districts with mines to ensure mining activities do not pollute the environment.