A Zimbabwean author now residing in the United States has called on Washington not to remove its sanctions on Zimbabwe because this would be tantamount to rewarding President Emmerson Mnangagwa for an internal coup with the Zimbabwe African National Union-Patriotic Front.
Reports about the wealth that opposition leader and former Finance Minister Tendai Biti has accumulated probably explains why the opposition wanted a government of national unity and why it was bitter about being left out of President Emmerson Mnangagwa’s government.
People’s Democratic Party leader Tendai Biti, who is also a member of the Movement for Democratic Change Alliance, yesterday told the United States Foreign Relations Committee that although Zimbabweans had welcomed the end of Robert Mugabe’s rule what had essentially happened was an illegal and illegitimate transfer of power from one faction of the ruling party to another.
The National Social Security Authority (NSSA) says it has invested $17 million towards its Dzivarasekwa housing project, through its wholly owned mortgage lender, National Building Society (NBS).
The African Export Import Bank (Afreximbank) said today it will avail up to $1.5 billion in credit to Zimbabwe and provide guarantees to foreign investors looking to invest in the southern Africa country.
Zimbabwe publisher Trevor Ncube has gotten full control of his Zimbabwe operations after disposing of his stake in South Africa’s Mail and Guardian.