Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Zimbabwe's government under fire for award of overseas business contracts

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
 
alp227 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 01:19 PM
Original message
Zimbabwe's government under fire for award of overseas business contracts
Source: The Guardian

Zimbabwe's government has caused anger by awarding contracts worth more than half a billion dollars to foreign companies, most of them Chinese, according to reports.

The $553m deals were criticised in parliament because Zimbabwe's economy is still struggling, with many people unable to find work, the independent NewsDay newspaper said.

Chinese economic activity in Africa is often a source of controversy, with allegations that China is underpaying for mineral resources and either mistreating local workers or importing its own.

Paddy Zhanda, chairman of the parliamentary portfolio committee on budget, finance and investment promotion, revealed the figure while presenting a report on the 2012 national budget, NewsDay said.

Read more: http://www.guardian.co.uk/global-development/2011/dec/0...
Refresh | +4 Recommendations Printer Friendly | Permalink | Reply | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC