Zimbabwe will next month commence repatriation of sale proceeds and dividends for foreign investors on the Zimbabwe Stock Exchange (ZSE), following establishment of the country’s Portfolio Investment Fund (PIF).
The Zimbabwe African National Union-Patriotic Front has been likened to a troop of baboons incessantly fighting among themselves but coming together to fight an external threat.
Singer and Zimbabwe African National African Union-Patriotic Front member Energy Mutodi says he was expelled from the party for campaigning against discrimination and the politics of elimination in the ruling party.
President Robert Mugabe yesterday said he had lost the battle to appoint Industrial Development Corporation boss Mike Ndudzo as the Auditor General after his nomination was rejected by lawmakers.
Talks between Zimbabwe African National Union-Patriotic Front leader Robert Mugabe and Movement for Democratic Change leader Morgan Tsvangirai almost hit a stalemate when some senior ZANU-PF officials including Central Bank governor Gideon Gono and President Robert Mugabe’s wife Grace tried to scuttle the Global Political Agreement and marginalise Tsvangirai.
Zimbabwe’s business leaders have told President Robert Mugabe that the country is in need of “comprehensive reforms” to attract investment, end cash shortages and stave off rising inflation but stopped short of telling the aging leader that the country was in a crisis.