By Jeff Miller
Posted: 08/03/09 14:36
RAPAPORT... Partnership Africa Canada (PAC) was the first nongovernmental organization (NGO) to call for the ban on rough diamonds from Zimbabwe, back in December 2008. Now the Kimberley Process Certification Scheme seems set on a six-month suspension of the member country following its investigation into alleged abuses and murder at Zimbabwe's diamond fields. But Zimbabwe claims a rough ban would hurt the nation's economic recovery — a claim that PAC concluded is hogwash. "Arguments to the contrary by Zimbabwe's political leaders, that diamonds are key to Zimbabwe's economic revival, are based on deliberately inflated diamond production levels and are simply smoke and mirrors," said Bernard Taylor, executive director of PAC.
Kimberley Process figures for Zimbabwe in 2008 place the value of its total diamond production at $44 million, an increase of 40 percent from 2007. In March, PAC released its own report on the horrors behind Zimbabwe's diamond trade, "Zimbabwe, Diamonds and the Wrong Side of History." PAC thus welcomed the Kimberley Process review mission and its decision to suspend Zimbabwe from the process. The report found "massive diamond smuggling and the murder of scores of artisanal diamond miners by the Zimbabwe military in October 2008 to gain control of the Marange diamond fields in eastern Zimbabwe," according to PAC.
"Without aiming to harm the country, suspension is one of the only tools the Kimberley Process has to encourage member countries to undertake the necessary reforms to meet the Kimberley Process Certification Scheme minimum requirements and thereby rejoin the world diamond regulatory body," said Susanne Emond of PAC. PAC also repeated its call for the Kimberley Process to develop a clear and actionable protocol on gross human rights abuse in the management of a member's diamond industry. "The onus is on the members of the Kimberley Process to take vigorous action to prevent tainted diamonds from entering the world's clean diamond stream," said Taylor. "Zimbabwe is the test for the Kimberley Process to show the world it cares about human rights and is working to keep consumer confidence in the purity of diamonds."
Tuesday, August 4, 2009
Zimbabwe `needs SA investment`
source: SouthAfrica.info
3 August 2009
Zimbabwean Prime Minister Morgan Tsvangirai called for South African investment in his country.
“We believe South African companies are better placed to understand the environment in Zimbabwe,” Tsvangirai said at a dinner with South African business and government officials in Sandton on Friday night.
“Instead of attracting foreign investment from Europe and other places, we believe that South African companies can operate in an environment that is almost similar (to their own).”
South Africans are in a position to understand the “politics, economics and potential of the country,” said Tsvangirai.
At the moment, the Zimbabwean government did not have the resources to make major infrastructure investments, “but if there are private companies who would like to go into
3 August 2009
Zimbabwean Prime Minister Morgan Tsvangirai called for South African investment in his country.
“We believe South African companies are better placed to understand the environment in Zimbabwe,” Tsvangirai said at a dinner with South African business and government officials in Sandton on Friday night.
“Instead of attracting foreign investment from Europe and other places, we believe that South African companies can operate in an environment that is almost similar (to their own).”
South Africans are in a position to understand the “politics, economics and potential of the country,” said Tsvangirai.
At the moment, the Zimbabwean government did not have the resources to make major infrastructure investments, “but if there are private companies who would like to go into
Monday, August 3, 2009
Econet pumps $94m into Zimbabwe
August 2, 2009
By Our Correspondent
HARARE – Econet Wireless International (EWI), a major international cell-phone operator owned by self-exiled Zimbabwean entrepreneur Strive Masiyiwa, has pumped US$94 million into Zimbabwe to expand its network.Buoyed by the relative economic stability ushered in by the government of national unity between President Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara, EWI shareholders are promising more funding to bankroll the next phase of a development programme – the provision of cell phone accessories such as wireless Internet, data services for specialist applications, 3G and broadband.
Econet, Zimbabwe’s leading cell-phone operator has proudly flaunted its 1 million subscriber base on billboards and TV adverts. The company announced last month that it now serves more than 1 million customers in Zimbabwe after the recent expansion of the network. Econet now controls 52 percent of the Zimbabwe market share.
Douglas Mboweni
Econet Zimbabwe chief executive, Douglas Mboweni said there was a sharp rise in airtime usage since February, when the inclusive government was established.
This means more money for the company, he said, adding that with accelerated growth in subscriber numbers, profit was expected to continue to grow.
The new government allowed the use of multiple foreign currencies in February, taking out of circulation the worthless Zimbabwe dollar that fuelled market uncertainty by fluctuating erratically due to hyperinflation, thus adversely slashing airtime usage.
Mboweni said the sharp rise in airtime usage was sweet news to the company.
“Detailed information will be supplied to the market when we release our half year results, but there is a very clear trend that shows that performance has vastly improved since January-February 2009,” Mboweni said in an update on Econet Zimbabwe’s operations.
“Econet Wireless now has the capacity to meet demand for new lines.”
Mboweni said that contract lines were now available on demand, whilst queues for prepaid lines were getting shorter with some Econet shops no longer having queues at all.
“Financing is available to the company to meet any requirement for the foreseeable future,” he said.
Econet Zimbabwe was able to rely on the parent company, EWI, he added.
Econet Wireless International was founded in 1993 by the exiled Zimbabwean entrepreneur, Masiyiwa, and has, in a decade, grown to be one of the top telecommunications operators in Africa, and one of the few African businesses with a global reach. It is one of Zimbabwe’s rare success stories.
Deputy Prime Minister Mutambara has called for the return of all exiled businessman such as Masiyiwa, many of them hounded out of the country by Reserve Bank of Zimbabwe governor Gideon Gono on trumped-up charges of externalising foreign currency.
While in exile Masiyiwa came to the rescue of a troubled newspaper and became the largest shareholder in Associated Newspapers of Zimbabwe (ANZ), publishers of the fiercely independent Daily News, the country’s largest-selling newspaper. Government banned the publication in 2003.
Masiyiwa has had a strained relationship with government, which accused him of bankrolling the then opposition MDC and linked the party to the newspaper. He has staunchly denied the charges.
Though founded in 1993, Econet only started to operate as a cell phone operator in 1998 because the Zimbabwean government refused to grant the company a licence. Masiyiwa took the government to court, and after a legal wrangle that lasted nearly five years, the company was eventually awarded a licence by the country’s highest court.
Since then, the company has rapidly expanded beyond Zimbabwe’s borders.
Econet Wireless International has successfully operated Mascom Wireless in Botswana with more than 410 000 subscribers, and commanding 72 percent market share. In Zimbabwe Econet controls 52 percent of the market share.
A controversial Nigerian operation, where Econet now controls a 5 percent stakehold, boasts of a 2.5 million subscriber base.
In Lesotho, Econet runs fixed and mobile phone networks. In Europe it has a telecommunications licence, together with the first African teleport establishment, Econet Satellite Services (ESS), linking more than 61 African networks to the global telecommunications networks. The company has an annual turnover in excess of US$100 million. ESS also has a subsidiary in Europe dealing in call cards.
EWI is now considering entry into the Kenyan market, The Zimbabwe Times has been told.
Econet’s rapidly expanding network in the Zimbabwe mobile telephony industry has helped lower call charges and enabled more Zimbabweans to own handsets.
Two weeks ago the Finance Minister, Tendai Biti, allowed cell-phones to be imported duty-free into Zimbabwe saying it was high time the country stepped into the global village.
By Our Correspondent
HARARE – Econet Wireless International (EWI), a major international cell-phone operator owned by self-exiled Zimbabwean entrepreneur Strive Masiyiwa, has pumped US$94 million into Zimbabwe to expand its network.Buoyed by the relative economic stability ushered in by the government of national unity between President Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara, EWI shareholders are promising more funding to bankroll the next phase of a development programme – the provision of cell phone accessories such as wireless Internet, data services for specialist applications, 3G and broadband.
Econet, Zimbabwe’s leading cell-phone operator has proudly flaunted its 1 million subscriber base on billboards and TV adverts. The company announced last month that it now serves more than 1 million customers in Zimbabwe after the recent expansion of the network. Econet now controls 52 percent of the Zimbabwe market share.
Douglas Mboweni
Econet Zimbabwe chief executive, Douglas Mboweni said there was a sharp rise in airtime usage since February, when the inclusive government was established.
This means more money for the company, he said, adding that with accelerated growth in subscriber numbers, profit was expected to continue to grow.
The new government allowed the use of multiple foreign currencies in February, taking out of circulation the worthless Zimbabwe dollar that fuelled market uncertainty by fluctuating erratically due to hyperinflation, thus adversely slashing airtime usage.
Mboweni said the sharp rise in airtime usage was sweet news to the company.
“Detailed information will be supplied to the market when we release our half year results, but there is a very clear trend that shows that performance has vastly improved since January-February 2009,” Mboweni said in an update on Econet Zimbabwe’s operations.
“Econet Wireless now has the capacity to meet demand for new lines.”
Mboweni said that contract lines were now available on demand, whilst queues for prepaid lines were getting shorter with some Econet shops no longer having queues at all.
“Financing is available to the company to meet any requirement for the foreseeable future,” he said.
Econet Zimbabwe was able to rely on the parent company, EWI, he added.
Econet Wireless International was founded in 1993 by the exiled Zimbabwean entrepreneur, Masiyiwa, and has, in a decade, grown to be one of the top telecommunications operators in Africa, and one of the few African businesses with a global reach. It is one of Zimbabwe’s rare success stories.
Deputy Prime Minister Mutambara has called for the return of all exiled businessman such as Masiyiwa, many of them hounded out of the country by Reserve Bank of Zimbabwe governor Gideon Gono on trumped-up charges of externalising foreign currency.
While in exile Masiyiwa came to the rescue of a troubled newspaper and became the largest shareholder in Associated Newspapers of Zimbabwe (ANZ), publishers of the fiercely independent Daily News, the country’s largest-selling newspaper. Government banned the publication in 2003.
Masiyiwa has had a strained relationship with government, which accused him of bankrolling the then opposition MDC and linked the party to the newspaper. He has staunchly denied the charges.
Though founded in 1993, Econet only started to operate as a cell phone operator in 1998 because the Zimbabwean government refused to grant the company a licence. Masiyiwa took the government to court, and after a legal wrangle that lasted nearly five years, the company was eventually awarded a licence by the country’s highest court.
Since then, the company has rapidly expanded beyond Zimbabwe’s borders.
Econet Wireless International has successfully operated Mascom Wireless in Botswana with more than 410 000 subscribers, and commanding 72 percent market share. In Zimbabwe Econet controls 52 percent of the market share.
A controversial Nigerian operation, where Econet now controls a 5 percent stakehold, boasts of a 2.5 million subscriber base.
In Lesotho, Econet runs fixed and mobile phone networks. In Europe it has a telecommunications licence, together with the first African teleport establishment, Econet Satellite Services (ESS), linking more than 61 African networks to the global telecommunications networks. The company has an annual turnover in excess of US$100 million. ESS also has a subsidiary in Europe dealing in call cards.
EWI is now considering entry into the Kenyan market, The Zimbabwe Times has been told.
Econet’s rapidly expanding network in the Zimbabwe mobile telephony industry has helped lower call charges and enabled more Zimbabweans to own handsets.
Two weeks ago the Finance Minister, Tendai Biti, allowed cell-phones to be imported duty-free into Zimbabwe saying it was high time the country stepped into the global village.
KP wants to ban Zimbabwean gem trade for six months; says Harare Herald
Staff, Aug 03 2009
The Kimberly Process, which monitors the trade of conflict diamonds, wants Zimbabwe banned from selling the gems for at least six months, the Herald reported.
An interim report by the KP team had recommended Zimbabwe to stop diamond trade within the KPCS until the country meets minimum standards, the Harare-based paper reported. Among other issues, the group is concerned about the lack of security around the country’s eastern Marange diamond fields, the Herald said.The report was made after a Kimberley Process team had visited the country early this month to investigate the killing of at least 200 illegal miners by the military.The Zimbabwean officials have acknowledged that standards aren’t being met, but it is opposed to the ban, the newspaper said.
The Kimberly Process, which monitors the trade of conflict diamonds, wants Zimbabwe banned from selling the gems for at least six months, the Herald reported.
An interim report by the KP team had recommended Zimbabwe to stop diamond trade within the KPCS until the country meets minimum standards, the Harare-based paper reported. Among other issues, the group is concerned about the lack of security around the country’s eastern Marange diamond fields, the Herald said.The report was made after a Kimberley Process team had visited the country early this month to investigate the killing of at least 200 illegal miners by the military.The Zimbabwean officials have acknowledged that standards aren’t being met, but it is opposed to the ban, the newspaper said.
William Nyemba prepares to re-open Trust Bank
Published: August 3, 2009
As pioneering Zimbabwe born banker William Nyemba prepares to resuscitate Trust Banking Corporation it is important that his path to the POL 5000 Lifetime Award be properly documented. Nyemba played a critical and leading role in the formation of at least 5 Financial institutions including 3 banks – NMB Bank, Trust Bank – Zimbabwe and CAL Merchant Bank – Ghana.
Nyemba’s role in creating a new breed of African Entrepreneurs from a humble back ground is particularly inspiring. As we celebrate the emergence of an inspiring generation of Black African Entrepreneurs who have opened the doors for others Nyemba’s story and path will only serve to encourage others who may dream bigger and beyond what was normally associated with Black African business people.
In recognition of his efforts Nyemba has won several awards which include the following awards ;
1996 –Business Man of the Year by Zimbabwe National Chamber of Commerce
1998 – Global Leader for Tomorrow by the World Economic Forum.
2002 – Manager of the year by Zimbabwe Institute of Management.
2002 – First Achievers Award by Business Tribune
2003 – Manager of the Decade by Zimbabwe Institution of Management
One of Nyemba’s current major activity is promoting business networking between Zimbabwe and other African countries and in particular West Africa focusing on Ghana and Nigeria. Nyemba has played a leading role in linking up an array of selected Southern Africa based businesses that he has convinced to partner with some West African Investors and expand their business activities into that region.
Recently he led a delegation of five parties from Zimbabwe to Lagos, Nigeria seeking opportunities and partnerships in the areas of Hospitality industries, (hotels), Agriculture(livestock and poultry production), as well as food processing.
In his role as Financial arranger and Advisor he has convinced Nigerian Individual and Institutional Investors to come and take advantage of the opportunities in rebuilding Zimbabwe‘s Economy. Nyemba has played a leading role in encouraging Pan African investment on the continent. This has further enhanced his reputation as a leading light in terms of encouraging entrepreneurship on the African continent, in the process enhancing the African Brand.
Whilst Nyemba is currently CEO of Wilta Advisors (A division of Wilta Investments – A South African financial advisory services and consultancy firm he is finalizing a possible return to resuscitate Trust Bank which was swallowed by ZABG after the Banking crisis of 2003-4. Trust had grown to be the largest local bank by assets in 2003 before being absorbed into ZABG.
Whilst at the helm of Trust Financial Holdings as Nyemba was Team leader in a number of assignments such as:
The privatization and unbundling of – PTC (Zimbabwe’s Post and Telecoms company)
The privatization of The Dairy Marketing Board – Zimbabwe
The privatization of The Zimbabwe Reinsurance Company – Zimbabwe
The IPO, private placements and listings of many corporates – SADC region
Structuring and fund raising for a Five Star Hotel – Zambia
Organizing facilities for displaced Zimbabwean Farmers in – Zambia and Mozambique
As a Point of Light Nyemba has continued to shine in attracting investment into Zimbabwe’s Financial and capital market. These investors mainly include Banks and financial institutions who have shown interest to assist Zimbabwe ailing banks in their recapitalization efforts.
The Banking on Africa’s Future (BOAF) – 5,000 Points of Light (POL)” or BOAF-5,000POL Lifetime Achievement Award was in recognition of Nyemba’s contribution to building and enhancing the African Brand.Nyemba has played a leading role in advancing the recognition of the need to allow and assist Africans to develop big businesses which fully exploit the continent’s abundant natural resources.
The responsibility to develop and re-brand Africa can not be sub-contracted to outside observers no matter how well meaning they maybe. It remains a burden for all Africans to be shared. It is an African responsibility. It is imperative that we identify the positive individuals and build upon them and the examples they have set.
Well researched articles will be published tracing Nyemba’s path to The Banking on Africa’s Future (BOAF) – 5,000 Points of Light (POL)” or BOAF-5,000POL Lifetime Achievement Award. The awards are meant for African Citizens. People of African heritage or permanent residents whose life-long careers have had a significant impact on society. Individuals who have the potential to be roles model and inspire creativeness, inventiveness, spirit of service, and hope in others also qualify for the award.
Any African can qualify from social to economic entrepreneurship, the ‘BOAF-5000 POL Lifetime Achievement Award’ recognizes outstanding individuals whose pioneering spirit, fame, power, personality, accomplishments, and demonstrated creativeness and inventiveness throughout their careers has improved African society and inspired others in Africa and beyond.
This article appears courtsey of GMRI CAPITAL – www.gmricapital.com
Gilbert Muponda is a Co-Founder of 3MG Media . He can be reached at; www.ZimFace.com
Email: gilbert@gilbertmuponda.com . Skype ID: gilbert.Muponda
Twitter ; http://twitter.com/gmricapital
Phone: 1-416-841-5542
As pioneering Zimbabwe born banker William Nyemba prepares to resuscitate Trust Banking Corporation it is important that his path to the POL 5000 Lifetime Award be properly documented. Nyemba played a critical and leading role in the formation of at least 5 Financial institutions including 3 banks – NMB Bank, Trust Bank – Zimbabwe and CAL Merchant Bank – Ghana.
Nyemba’s role in creating a new breed of African Entrepreneurs from a humble back ground is particularly inspiring. As we celebrate the emergence of an inspiring generation of Black African Entrepreneurs who have opened the doors for others Nyemba’s story and path will only serve to encourage others who may dream bigger and beyond what was normally associated with Black African business people.
In recognition of his efforts Nyemba has won several awards which include the following awards ;
1996 –Business Man of the Year by Zimbabwe National Chamber of Commerce
1998 – Global Leader for Tomorrow by the World Economic Forum.
2002 – Manager of the year by Zimbabwe Institute of Management.
2002 – First Achievers Award by Business Tribune
2003 – Manager of the Decade by Zimbabwe Institution of Management
One of Nyemba’s current major activity is promoting business networking between Zimbabwe and other African countries and in particular West Africa focusing on Ghana and Nigeria. Nyemba has played a leading role in linking up an array of selected Southern Africa based businesses that he has convinced to partner with some West African Investors and expand their business activities into that region.
Recently he led a delegation of five parties from Zimbabwe to Lagos, Nigeria seeking opportunities and partnerships in the areas of Hospitality industries, (hotels), Agriculture(livestock and poultry production), as well as food processing.
In his role as Financial arranger and Advisor he has convinced Nigerian Individual and Institutional Investors to come and take advantage of the opportunities in rebuilding Zimbabwe‘s Economy. Nyemba has played a leading role in encouraging Pan African investment on the continent. This has further enhanced his reputation as a leading light in terms of encouraging entrepreneurship on the African continent, in the process enhancing the African Brand.
Whilst Nyemba is currently CEO of Wilta Advisors (A division of Wilta Investments – A South African financial advisory services and consultancy firm he is finalizing a possible return to resuscitate Trust Bank which was swallowed by ZABG after the Banking crisis of 2003-4. Trust had grown to be the largest local bank by assets in 2003 before being absorbed into ZABG.
Whilst at the helm of Trust Financial Holdings as Nyemba was Team leader in a number of assignments such as:
The privatization and unbundling of – PTC (Zimbabwe’s Post and Telecoms company)
The privatization of The Dairy Marketing Board – Zimbabwe
The privatization of The Zimbabwe Reinsurance Company – Zimbabwe
The IPO, private placements and listings of many corporates – SADC region
Structuring and fund raising for a Five Star Hotel – Zambia
Organizing facilities for displaced Zimbabwean Farmers in – Zambia and Mozambique
As a Point of Light Nyemba has continued to shine in attracting investment into Zimbabwe’s Financial and capital market. These investors mainly include Banks and financial institutions who have shown interest to assist Zimbabwe ailing banks in their recapitalization efforts.
The Banking on Africa’s Future (BOAF) – 5,000 Points of Light (POL)” or BOAF-5,000POL Lifetime Achievement Award was in recognition of Nyemba’s contribution to building and enhancing the African Brand.Nyemba has played a leading role in advancing the recognition of the need to allow and assist Africans to develop big businesses which fully exploit the continent’s abundant natural resources.
The responsibility to develop and re-brand Africa can not be sub-contracted to outside observers no matter how well meaning they maybe. It remains a burden for all Africans to be shared. It is an African responsibility. It is imperative that we identify the positive individuals and build upon them and the examples they have set.
Well researched articles will be published tracing Nyemba’s path to The Banking on Africa’s Future (BOAF) – 5,000 Points of Light (POL)” or BOAF-5,000POL Lifetime Achievement Award. The awards are meant for African Citizens. People of African heritage or permanent residents whose life-long careers have had a significant impact on society. Individuals who have the potential to be roles model and inspire creativeness, inventiveness, spirit of service, and hope in others also qualify for the award.
Any African can qualify from social to economic entrepreneurship, the ‘BOAF-5000 POL Lifetime Achievement Award’ recognizes outstanding individuals whose pioneering spirit, fame, power, personality, accomplishments, and demonstrated creativeness and inventiveness throughout their careers has improved African society and inspired others in Africa and beyond.
This article appears courtsey of GMRI CAPITAL – www.gmricapital.com
Gilbert Muponda is a Co-Founder of 3MG Media . He can be reached at; www.ZimFace.com
Email: gilbert@gilbertmuponda.com . Skype ID: gilbert.Muponda
Twitter ; http://twitter.com/gmricapital
Phone: 1-416-841-5542
Forex bureaus to return to Zimbabwe
31 July 2009 16:44:13
HARARE (Commodity Online) : Reserve Bank of Zimbabwe on Friday said it has allowed foreign exchange bureaus to resume full operations as part of reforms aimed at reviving the battered economy. In a mid-year monetary policy review, RBZ governor Gideon Gono said the bureaus which have in the last seven years served as money transfer agencies for Zimbabweans working abroad, could now buy and sell foreign currency to the public. Receive $25 free with a Forex Micro account In January, Zimbabwe lifted a ban on the use of foreign currency to stem hyperinflation that had rendered the Zimbabwe dollar almost worthless. The move left Zimbabwe without an interbank market and reduced the central bank to a simple supervisory role as it lacked foreign currency reserves to be the banker of last resort. "The adopted multi-currency system, together with the liberalisation of exchange restrictions on the current account means that the public is free to transact and deal in foreign currency," Gono said in the review published on Friday. "This new development makes it possible for the extension of bureaux de change business to include selling of foreign exchange to individuals, using international cross-rates." Gono said he supported plans to re-introduce Zimbabwe's own currency only when the local economy recovers.
HARARE (Commodity Online) : Reserve Bank of Zimbabwe on Friday said it has allowed foreign exchange bureaus to resume full operations as part of reforms aimed at reviving the battered economy. In a mid-year monetary policy review, RBZ governor Gideon Gono said the bureaus which have in the last seven years served as money transfer agencies for Zimbabweans working abroad, could now buy and sell foreign currency to the public. Receive $25 free with a Forex Micro account In January, Zimbabwe lifted a ban on the use of foreign currency to stem hyperinflation that had rendered the Zimbabwe dollar almost worthless. The move left Zimbabwe without an interbank market and reduced the central bank to a simple supervisory role as it lacked foreign currency reserves to be the banker of last resort. "The adopted multi-currency system, together with the liberalisation of exchange restrictions on the current account means that the public is free to transact and deal in foreign currency," Gono said in the review published on Friday. "This new development makes it possible for the extension of bureaux de change business to include selling of foreign exchange to individuals, using international cross-rates." Gono said he supported plans to re-introduce Zimbabwe's own currency only when the local economy recovers.
SA transfers US$200 million to Zimbabwe
South Africa has transferred about $200 million to Zimbabwe’s power-sharing government.According to the government information services international relations and cooperation director general Ayanda Ntsaluba said the South African government managed to secure $300 million in budget support from its neighbours to reviving Zimbabwe’s economy."This grant is aimed at assisting Zimbabwe in some of the critical sectors that require assistance," explained Nstuluba, adding that a report indicates that the money was used towards the improvement of the lives of ordinary Zimbabweans.Zimbabwe's new power-sharing government secured the $300 million in budget support from its neighbours to revive the country's economy in April this year.Negotiations between the neighboring countries, including South Africa and Botswana, had been wrapped up earlier on after Zimbabwe’s political parties formed a government of national unity.Botswana alone donated $70 million.The southern Africa region is also finalising discussions around credit lines for Zimbabwe which from years of misrule by long time ruler Robert Mugabe has been reduced to a basket case, with disease, starvation, violence becoming the order of the day.Britain has pledged more than $21 million in humanitarian aid to Zimbabwe, which is estimated to benefit three million people by way of food, seeds and fertilizer.
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