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Zimbabwe opposition expels official who asked leader to quit

Zimbabwe's main opposition party on Thursday expelled a senior official who recently called on the party leader and former prime minister Morgan Tsvangirai to step down. The Movement for Democratic Change (MDC) sacked Elton Mangoma, the party's deputy treasurer and a former energy minister, for "defying" the party. The MDC's top decision-making body "unanimously" resolved to dismiss Mangoma "for undermining the authority of the party," spokesman Douglas Mwonzora told AFP. Mangoma can appeal the decision to the same body.

Firm denies Zimbabwe bond claim

A firm linked to former Barclays chief executive Bob Diamond denied Thursday claims that it will help Zimbabwe tap much-needed international investment through a 150-million-euro bond issue. BancABC, a regional bank recently bought by Diamond's Africa-focused investment vehicle Atlas Mara, said it would in fact issue a commercial bond to finance its operations. "We have been planning a bond issue for some time. The proceeds will be used across the group including in our Zimbabwe subsidiary," the firm said in a statement. "The timing of the issue is to be decided."

A desperate moonlight economy in Zimbabwe's 'Sunshine City'

By MacDonald Dzirutwe HARARE (Reuters) - On Harare's hardscrabble streets, college graduates compete with peasants scratching out a living selling anything from mobile phone cards to herbal sex tonics, a measure of the decline of Zimbabwe's "Sunshine City" under President Robert Mugabe.

Banking mogul Diamond to help Zimbabwe tap bond market

Former Barclays chief Bob Diamond will help Zimbabwe tap much-needed international investment through a 150 million eurobond, the country's finance minister said Wednesday. Patrick Chinamasa said the banking mogul -- who left Barclays under a cloud of scandal in 2012 -- promised to help lure back investors spooked by asset seizures and politicised local-ownership laws. "They promised me that they are going to organise issuance of a bond, a European bond of up to 150 million euro," ($206 million) Chinamasa said in Harare.

Crisis talks on CAfrica as mammoth EU-Africa summit opens

African and European leaders hold crisis talks on the escalating violence in the Central African Republic on Wednesday as some 80 nations gather in Brussels for a key summit. Conflict, illegal migration and fears of more jihadist turmoil look set to dominate the mammoth gathering held a day after the European Union announced the launch of a rare military mission to restore peace in the Central African Republic (CAR), scene of some of the worst violence seen in years on the continent.

Mugabe shuns EU-Africa talks after wife denied visa

Zimbabwe's President Robert Mugabe will boycott next week's mammoth EU-Africa summit after his wife was denied a visa to enter Europe, a foreign ministry official said on Friday. "We are no longer going to the EU-Africa. We disagreed on the composition of our delegation," said a source at the ministry, who asked not to be named. Harare had earlier on Friday urged the African Union to shun the summit for failing to invite all the Africa bloc's leaders and lift a ban on Zimbabwe's first lady.

Zimbabwe's Mugabe shuns EU-Africa talks after wife not invited

Zimbabwe's President Robert Mugabe will boycott next week's mammoth EU-Africa summit after his wife was denied a visa to enter Europe, a foreign ministry official said on Friday. "We are no longer going to the EU-Africa. We disagreed on the composition of our delegation," said a source at the ministry, who asked not to be named. Harare had earlier on Friday urged the African Union to shun the summit for failing to invite all the Africa bloc's leaders and lift a ban on Zimbabwe's first lady. But diplomats in Brussels were unfazed by the call for a boycott.

Mugabe to boycott EU-Africa summit after wife not invited

Zimbabwe's President Robert Mugabe will boycott next week's mammoth EU-Africa summit after his wife was not invited, a foreign ministry official said Friday. "We are no longer going to the EU-Africa. We disagreed on the composition of our delegation," said a source at the ministry, who asked not to be named fj/sn/dh

Zimbabwe backs EU summit boycott

Zimbabwe on Friday called on the African Union to boycott a European Union summit for failing to invite all of the Africa bloc's leaders and lift a travel ban on the Zimbabwean first lady. The contentious invitations to the summit in Brussels next week excluded Sudan and the Sahrawi Arab Democratic Republic, which does not have international recognition, while Egypt, which has been suspended from the AU, has got the nod, foreign ministry spokesman Joey Bimha said.

Zimbabwe urges EU summit boycott

Zimbabwe urged the African Union on Friday to boycott next week's mammoth EU-Africa summit for failing to invite all the Africa bloc's leaders, and lift a ban on Zimbabwe's first lady. But diplomats in Brussels were unfazed by the call for a boycott. "We see no risk" of a boycott of the April 2-3 summit gathering 90 nations from both continents, including 65 heads of state and government, said a senior official speaking on condition of anonymity.
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