Zimbabwe will give white farmers five-year leases while blacks will be given 99-year leases and is scrapping the provision that said they would only be given the leases after three years when the government had assessed their production and investment in infrastructure.
Zimbabwe’s leaders bust be jailed and the keys should be thrown away because they have plunged the country into the inglorious world of hyperinflation, “a world of economic chaos, wrenching poverty, and death”, a United States economist says.
Zimbabwe African National Union-Patriotic Front provincial chairman for Masvingo Ezra Chadzamira has dismissed reports that he was suspended by national political commissar Saviour Kasukuwere saying he had not received any official communication but had learnt about the suspension from the media.
Zimbabwe’s infrastructure bank will next month float several bonds to the tune of $14.9 million to finance development of its housing project in Kariba.
The Zimbabwe African National Union-Patriotic Front, which is going for a special congress in December, has suspended four top officials from Masvingo and the Midlands in a move seen as targeted at Vice-President Emmerson Mnangagwa.
Less than a decade after hyperinflation obliterated Zimbabwe’s dollar along with its pensions and savings, the southern African nation is suffering a return to precipitous price rises.