(August 5, 2005) South Africa has provisionally agreed a US$500 million bailout for Zimbabwe, enough to clear its northern neighbour’s debt with the International Monetary Fund (IMF) and leave some change for Harare to buy critically needed food and fuel.
Harare ‘no’ to key loan condition
(August 5, 2005) Zimbabwean officials have rejected a crucial South African condition for a financial bale-out for the troubled country, saying they will not resume negotiations with the opposition Movement for Democratic Change (MDC).
SA bails out Zimbabwe
(August 4, 2005) The cabinet has confirmed South Africa’s openness, in principle, to assisting Zimbabwe, including providing a loan facility in relation to Zimbabwe’s obligations to the International Monetary Fund (IMF).
Crunch for Mugabe as $1bn loan talks start
(August 4, 2005) South Africa has put in place tough political and economic conditions aimed at normalising crisis-ridden Zimbabwe in exchange for a $1bn bale-out.
Options under water
(April 4, 2005) Laos wants to supply electricity to Southeast Asia, and a large, controversial dam is the first step.
Winner-take-all the bane of Africa
(August 4, 2005) The prospect of turning Africa around with aid and debt relief seem at best problematic, at worst a pipedream.
Publish list of looters
(August 3, 2005) Abuja’s Daily Trust newspaper calls on President Olusegun Obasanjo to make public a list handed to him by the Paris Club that names prominent Nigerians who allegedly siphoned public funds overseas and to have those named investigated.
Acres International becomes Hatch-Acres
(August 3, 2005) The acquisition of Acres International by Hatch has entered a further phase with the announcement this week of a change of name. From now on Acres International will be known as Hatch-Acres.
US freezes assets of Zimbabwean farms, businesses
(August 3, 2005) The United States has frozen the US assets of 26 Zimbabwean entities it said are controlled by key members of President Robert Mugabe’s government, accusing them of undercutting democracy in Zimbabwe.
G8 debt relief could lead to new borrowing
(August 2, 2005) A leaked document by anti-debt campaigners shows the World Bank is considering extending additional loans to countries eligible for the G-8 debt cancellation, which would make the write-off plan fundamentally different from the initial proposal.
Vigilance special team to probe SNC-Lavalin case
(August 2, 2005) The government has decided to constitute a Vigilance special team to complete the probe into the SNC-Lavalin corruption case involving CPM state secretary Pinarayi Vijayan.
Special team to probe SNC Lavalin deal
(August 2, 2005) Six-month deadline for panel to submit report.
3 S Newsletter
(August 1, 2005) Covering dam affected communities on the Sesan, Srepok and Sekong Rivers in Northeastern Cambodia.
The dictator debt catch
(August 1, 2005) A US-brokered deal to forgive billions in Iraqi debt is causing other countries to say "me too," even as some Iraqis wish they’d said "no thanks."
KSEB contract for SNC-Lavalin
(July 31, 2005) With charges of political corruption and kickbacks in the SNC-Lavalin deal mounting against it, the Kerala CPI (M) Secretary is on the defensive.
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