Zimbabwe’s Vice-President Joice Mujuru today told women in Mashonaland West province that the recent exposure of corruption in parastatals, which has only exposed exorbitant salaries paid to chief executive officers while their enterprises are collapsing, might be the work of detractors bent on destroying the government.
President Robert Mugabe scored another victory against the West following reports that he had been cleared to attend the African Union-European Union summit in Brussels in April.
The government is to raid foreign-owned businesses operating in sectors reserved for locals to make sure they comply with the law, the head of the National Indigenisation and Economic Empowerment Board said today.
Cash-strapped Zimbabwe currently facing a liquidity crisis needs some US$27 billion to rebuild its economy under its Zimbabwe Agenda for Sustainable Socio-Economic Transformation.
Movement for Democratic Change secretary-general Tendai Biti, who was Finance Minister just seven ago, today said the informal economy is a dead economy and it was a tragedy that the government was celebrating the creation of such an economy.
Movement for Democratic Change leader Morgan Tsvangirai today survived calls for him to step down after the party executive ruled that the party would not hold an early congress because there was now leadership crisis.