Telecommunications firm Econet Wireless Global has acquired the assets of Russian global telecoms operator, VimpelCom in Burundi and the Central African Republic for 65 million U.S. dollars as the telecommunications giant continues to grow its footprint in Africa.
Zimbabwe's new cabinet, led by veteran leader Robert Mugabe, on Wednesday pledged to fight decade- old Western sanctions with the country's rich natural resources and investment from friendly countries like China.
China's top tourism official has pledged to promote African destinations against the backdrop of the country's growing middle-class travelers with a penchant for overseas tours.
Zimbabwe's President Robert Mugabe said on Sunday that he is going to retaliate against Western sanctions by punishing their businesses operating in the country if Britain and the U.S. continue to meddle in Zimbabwe's internal affairs.
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