The Reserve Bank of Zimbabwe received a major boost today when it received US$100 million from the African Import-Export Bank to enable it to bring back the interbank-market which will also enable the central bank to influence interest rates.
The Zimbabwe African National Union-Patriotic Front told South Africa’s ruling African National Congress that it was not in control but the Boers still were.
Parliament resumed sitting today despite threats that Members of Parliament would boycott debate in protest against Speaker Jacob Mudenda’s ruling that they must not make unsubstantiated statements in the house.
Members of Parliament from both the Zimbabwe African National Union-Patriotic Front and the Movement for Democratic Change are planning to boycott debate in the house in protest against the Speaker’s ruling that they must not make unsubstantiated allegations.
Movement for Democratic Change leader Morgan Tsvangirai today said his party was not against individual opinions but there should be direction.
The Premier Services Medical Aid Society saga has taken another twist with reports that the organisation owes the Zimbabwe Revenue Authority US$40.6 million.
Mines Minister Walter Chidhakwa today said it is better to stop diamond mining in Marange than to continue losing money to the miners.
Vice President Joice Mujuru today commended parliament for the quality of debate in the two houses and said if the legislators maintained this momentum then real progress was guaranteed in Zimbabwe.