Zimbabwe needs a comprehensive policy package and structural reforms to address the fiscal challenges which the introduction of bond notes alone cannot solve, the International Monetary Fund (IMF) has said.
Vice-President Phelekezela Mphoko says those calling for the ouster of Zimbabwe African National Union-Patriotic Front national political commissar Saviour Kasukuwere are loyalists of war veterans leader Christopher Mutsvangwa whose agenda is to replace Kasukuwere with someone of their choice.
Higher Education Minister Jonathan Moyo has begun fighting back following reports that the Zimbabwe African National Union-Patriotic Front Matebeleland North province plans to censure him for allegedly working with national political commissar Saviour Kasukuwere in setting up parallel structures within the party aimed at deposing President Robert Mugabe.
The Zimbabwe Stock Exchange’s mainstream index continued its bullish run gaining 0.41 percent to close the week at 141.50 points, while the mining index rose 10.20 percent to 66.25 points.
Former Mashonaland East Provincial Affairs Minister Simba Mudarikwa says Vice-President Emmerson Mnangagwa can revive Shabanie and Mashava mines through “command mining” .