The Movement for Democratic Change-Tsvangirai, which signed two memoranda of understanding with Joice Mujuru’s National People’s Party and Welshman Ncube’s smaller MDC, today said it was not at liberty to talk about the memoranda as this would be tantamount to negotiating in public.
Zimbabwe has set up a $18 million facility to capacitate three Bulawayo companies to produce mining equipment, Industry and Commerce Minister Mike Bimha said yesterday.
The Zimbabwe African National Union-Patriotic Front youth league has joined those calling for national political commissar Saviour Kasukuwere to go, clearly refuting the argument by Vice-President Phelekezela Mphoko that it was war veterans leader Christopher Mutsvangwa who was behind the drive.
The Movement for Democratic Change has called for an investigation into land barons following a public spat between property developer Phillip Chiyangwa and Local Government Minister Saviour Kasukuwere in which Chiyangwa alleged that the minister demanded a $5million bribe to speed up the process of compensating him for land that was compulsorily acquired by the government to resettle the homeless.
Tobacco exports in the current selling season are 9 percent higher on same period in the prior year but revenue generated at $206.5 million is 13 percent lower due to lower average prices.
Zimbabwe needs a comprehensive policy package and structural reforms to address the fiscal challenges which the introduction of bond notes alone cannot solve, the International Monetary Fund (IMF) has said.