Nestle says Zimbabwe accounts back to normal after report of freezing, audit

October 11th, 2009 Nestle probed after Mugabe milk deal soursHARARE, Zimbabwe — Zimbabwe's central bank chief says the government has frozen Nestle's local accounts and ordered an audit after Nestle stopped buying milk from a farm owned by President Robert Mugabe's wife. Reserve Bank governor Gideon Gono told the weekly Zimbabwe Independent newspaper Saturday that two possible "irregular" transactions were found in the company's accounts.

October 2nd, 2009 Nestle stops buying Mugabe farm milkJOHANNESBURG — Nestle says it will stop buying milk from Zimbabwean President Robert Mugabe's wife's farm after facing worldwide boycott threats. The international food company said in a statement Thursday that it had been buying from Grace Mugabe's farm because the cash-strapped national Dairy Board could not.

August 19th, 2009 11 killed in truck-bus accident in ZimbabweHARARE, Zimbabwe — Police say a truck hit a bus head-on in Zimbabwe, killing 11 people including six members of a family returning from a funeral. Rangarirai Mushaurwa, an assistant police commissioner, said Wednesday the truck driver, who was among the dead, was trying to overtake a third vehicle Tuesday night just outside Harare.

August 3rd, 2009 40 die in bus Zimbabwe bus crashHARARE, Zimbabwe — Zimbabwe state radio says a crowded bus slammed into a truck on a stretch of highway notorious for accidents, killing 40 people and injuring another 30. Monday's radio report said the bus swerved to avoid another stationary truck on the southbound highway 80 kilometers (50 miles) south of Harare on Sunday.

August 3rd, 2009 40 killed in Zimbabwe bus crashHARARE, Zimbabwe — Zimbabwe state radio says a crowded bus slammed into a truck on a stretch of highway notorious for accidents, killing 40 people and injuring another 30. Monday's radio report said the bus swerved to avoid another stationary truck on the southbound highway 80 kilometers (50 miles) south of Harare on Sunday.

July 30th, 2009 Zimbabwe eases foreign media restrictionsHARARE, Zimbabwe — The British Broadcasting Corp. has resumed broadcasting from Zimbabwe for the first time since it was banned in 2001 and the five-month-old coalition government said it also was considering allowing CNN back.

April 30th, 2009 NEW DELHI - Nestle India Thursday reported 16 percent jump in sales during January-March this year at Rs.1,265.85 crore from Rs.1,091 crore in the like period last year. The company's domestic sales saw 18.7 percent rise during the quarter, while exports plummeted 15.1 percent, Nestle said in a statement.

April 30th, 2009 NEW DELHI - Nestle India Thursday reported 16 percent jump in sales during January-March this year at Rs.1,265.85 crore from Rs.1,091 crore in the like period last year. The company's domestic sales saw 18.7 percent rise during the quarter, while exports plummeted 15.1 percent, Nestle said in a statement.

April 10th, 2009 SHIMLA - Food products major Nestle India wants to set up a food and beverage manufacturing unit in Himachal Pradesh, according to a senior government official. 'Nestle has shown keen interest in establishing a unit here, and plans to invest about Rs.400 crore,' Principal Secretary (Industry) S.C.

February 25th, 2009 WELLINGTON - The New Zealand cricket team's scheduled tour of Zimbabwe in July has been postponed until next year, it was announced here Wednesday. Justin Vaughan, chief executive of New Zealand Cricket, said he and his Zimbabwe counterpart, Ozias Bvute, had agreed to put off the tour for 11 months after talks during an International Cricket Council meeting in Johannesburg.

February 23rd, 2009 AUCKLAND - The New Zealand government is unlikely to send its cricket team to Zimbabwe for the series in July. Prime Minister John Key said that sending the team to politically unstable Zimbabwe will be a risk.

February 18th, 2009 VEVEY - Nestle boosted its net profit by 69.4 percent in 2008, the company said Thursday, giving it gains of 18 billion Swiss francs ($15.3 billion). The group's core business, its food and beverages section, produced sales of 102.4 billion francs and was the main contributor to growth.

February 18th, 2009 VEVEY - Nestle boosted its net profit by 69.4 percent in 2008, the company said Thursday, giving it gains of 18 billion Swiss francs ($15.3 billion). The group's core business, its food and beverages section, produced sales of 102.4 billion francs and was the main contributor to growth.

January 23rd, 2009 MUMBAI - Board of Control for Cricket in India (BCCI) has invited the Zimbabwe President's XI to play in the limited overs Deodhar Trophy cricket along with the five zonal home teams. The move comes after Zimbabwe Cricket Union's (ZCU) chairman Peter Chingoka met BCCI president Shashank Manohar and secretary N.

December 28th, 2008 JOHANNESBURG - South Africa has lifted a blockade on aid to Zimbabwe because of the worsening humanitarian crisis in the neighbouring country, a South African presidential spokesman said Monday. South Africa halted aid to Zimbabwe earlier in a bid to build pressure on Zimbabwean President Robert Mugabe and the opposition to hasten the formation of a national unity government.