A tree planting programme targetted at offsetting deforestation caused by Zimbabwe’s growing population of tobacco farmers is in limbo as two government bodies tussle for control of a million dollar fund set up to finance regreening initiatives in the country.
Troubled Zimbabwe People Fist elder Didymus Mutasa is welcome to meet President Robert Mugabe and to rejoin the Zimbabwe African National Union-Patriotic Front, Mugabe’s spokesman George Charamba said yesterday.
Cotton farmers will receive $40 in cash per bale upon delivery while the balance will paid directly into their accounts, central bank governor John Mangudya has said.
The Zimbabwe Manpower Development Fund (ZIMDEF) closed the year 2016 with a deficit of $386 678 compared to a surplus of $6.5 million recorded in the previous year on lower revenue coupled with higher operating costs.
President Robert Mugabe at one time promised that he would step down before his 85th birthday to concentrate on writing but would not quit politics.
Zimbabwe’s inflation dropped to 0.31 percent in June from 0.75 percent in May at a time when Central Bank chief John Mangudya is complaining that the country’s inflation is too low to stimulate growth.