The National People’s Party has denied that its leader Joice Mujuru has gone into a pact with former first lady Grace Mugabe and says this demonstrates the panic that has gripped President Emmerson Mnangagwa and his military colleagues and reflects the kwashiorkor political thinking of the highest order.
Foreign buyers are making a comeback on the Zimbabwe Stock Exchange (ZSE), buying shares worth $30 million over the past two months after nearly two years of selloffs, as investor confidence returns on the local bourse.
Britain has released aid worth £757 million (just over $1 billion) over the past 10 years through its Department for International Development and will be releasing a further £176 million in the next two years according to figures released in the British Parliament on Friday.
President Robert Mugabe’s nephew, Patrick Zhuwao, who is now in exile, possibly in South Africa, is circulating a document calling for the formation of a new political party, the National Political Front.
British Minister for Africa Harriett Baldwin, who is currently is Zimbabwe, has been saying all the right sounding words but is not spelling out the one condition President Emmerson Mnangagwa has to implement to get support from her country.
Last week at the World Economic Forum, Zimbabwe’s new president, Emmerson Mnangagwa, declared: “Zimbabwe is now open for business.” Mnangagwa’s appearance in Davos, Switzerland, was a first for his country, which had been ruled by Robert Mugabe since independence in 1980.
AIM listed junior miner Vast Resources said gold production at its Pickstone-Peerless mine in Chegutu increased by 28 percent to 6 057 ounces in the fourth quarter ending December 2017 compared to 4 738 ounces recorded in September.