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Africa's youngest billionaire kidnapped in Tanzania: police
Africa's youngest billionaire was kidnapped on Thursday morning by gunmen in Tanzania's economic capital Dar es Salaam, officials said.
Mohammed Dewji, 40, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and the food industry, was snatched as he entered the gym of a hotel in the city.
"Initial information indicates he was kidnapped by whites travelling in two vehicles," regional governor Paul Makonda told journalists, adding that "this kind of incident is new here".
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Zim fast food outlets 'shut down indefinitely' amid cash crisis – reports
Leading fast food chains in Zimbabwe have reportedly shut down their businesses as the "cash crunch in the country worsens".
BBC reported on Wednesday that KFC Zimbabwe had put up notices at their branches in the capital Harare and in Bulawayo, telling customers that they were closed "during these difficult times" until further notice.
Part of the notice outside KFC outlets read: "... This is due to the fact that we are unable to source stock from our suppliers as they require US dollars. We are doing everything possible to resume trade as soon as possible."
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Zimbabwe strike planned Thursday despite police order
Zimbabwe's largest trade union called for national protests on Thursday as the country's economic crisis worsens, but police said they would halt any demonstrations in Harare due to a cholera outbreak.
The Zimbabwe Congress Trade Union (ZCTU) said the strike was triggered by sharp price hikes, a new tax on electronic transactions and daily shortages ranging from fuel to drugs.
"We are going to approach the courts. We do not think the police have a legal basis (for any ban)," ZCTU president Peter Mutasa said on Tuesday.
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UPDATE: Zim police 'arrest labour union leaders ahead of planned protests', reports say
Zimbabwean trade union leaders have reportedly been arrested ahead of planned nationwide protests against the continued deterioration of the southern African country's economy.
The Zimbabwe Lawyers for Human Rights(ZLHR) posted on Twitter that the Zimbabwe Congress of Trade Unions' leaders had been arrested in the capital Harare and in Mutare.
"In Harare, @ZLHRLawyers has deployed lawyers to offer emergency legal support services to Zimbabwe Congress of Trade Unions leaders including President Peter Mutasa&SG Japhet Moyo arrested by ZRP at their Harare offices today ahead of a planned anti-govt protest," ZLHR tweeted.
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Zim protests: Police armed with truncheons, guns, teargas canisters patrolling streets in Harare
Zimbabwe police arrested trade union leaders and scores of activists nationwide on Thursday ahead of planned marches over the country's worsening economic crisis, lawyers said.
Zimbabwe Lawyers for Human Rights spokesperson Kumbirai Mafunda told AFP that Peter Mutasa, president of the Zimbabwe Congress of Trade Unions (ZCTU) - the country's largest trade union - was among those detained, along with activists in three major towns.
Mutasa had called for protests in Harare on Thursday despite a police ban on public gatherings in the capital due to a recent cholera outbreak.
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Zim govt 'threatens to revoke operational licences from businesses inflating prices' – report
The Zimbabwean government has reportedly threatened to revoke operational licences from businesses that are inflating prices, as it tries to stop an economic meltdown triggered by recent fiscal reforms.
In a bid to control the spiralling basic commodity prices, cash shortages and fuel crisis, the government also issued a warning to those selling products in foreign currencies, especially the US dollar, reported New Zimbabwe.com.
Vice President Kembo Mohadi told reporters in Harare this week that it was wrong for retailers to increase prices, adding that price monitors were on the ground.
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