Pointing at the scorching sun over his village in southern Zimbabwe, Simon Sibaya blames drought, rising fertilizer prices and a lack of government support for leaving 2.2 million of his fellow citizens in need of food aid.
Diamonds from Zimbabwe’s Marange fields will be sold in Antwerp after the European Union lifted sanctions even as rights groups allege abuses at the mines and say revenue has financed President Robert Mugabe’s ruling party.
Paul Allen, who co-founded Microsoft Corp. with Bill Gates, will fund a survey of the number of elephants in Africa to help combat poaching that is claiming the life of one of the pachyderms every 15 minutes.
Mining companies operating in Zimbabwe and the main labor union in the industry have reached a deadlock in pay talks for 2014 after the workers group demanded that wages be more than doubled, two people familiar with the negotiations said.
Zimbabwe’s government has raised $42.5 million by selling debt of up to one year’s duration to selected investors after public Treasury Bill sales by the central bank failed, a finance ministry official said.