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Chiwenga Loses Party Grip, Close Allies Sink

Beleaguered Vice-President Constantino Chiwenga made spirited but futile efforts to save his allies from the Zanu PF political guillotine during Wednesday’s tense politburo meeting in which a titanic battle among senior party officials exploded into the open. The most high-profile casualty from Wednesday’s meeting was Mashonaland East provincial affairs minister …

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RBZ Debt Accumulation Above U.S.$2 Billion

It also emerged during the week that the debt, unveiled last week, is a result of subsidies that the government has been dishing out especially to the energy sector. The RBZ torched a storm last week when it reported in its July economic review that net foreign liabilities had shot …

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Watchdog Decries High Level Graft

According to the Zimbabwe National Chamber of Commerce, “corruption has become a pandemic in Zimbabwe alongside Covid-19”. The ZNCC estimates that almost 20% of the national budget is lost through corruption. TIZ head of programmes, Tafadzwa Chikumbu says Zimbabwe’s public procurement processes are replete with high levels of non-compliance to …

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Way Past Time to Privatise SOEs

For many years, the government has misled Zimbabweans into believing that the stinking corruption and mismanagement that has grounded State-Owned Enterprises (SOEs) is under control. There is now doubt that President Emmerson Mnangagwa’s administration is sincere in its campaign to flash out the vices that have drained billions out of …

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Mnangagwa Threatens to Crack Whip On NGOs

President Emmerson Mnangagwa yesterday vowed to crack down on non-governmental organisations (NGOs) for critisising his government over escalating incidents of human rights abuse. In his State of the Nation Address (Sona) delivered to Parliament yesterday, Mnangagwa revealed that a law will be crafted to regulate civil society organisations, which he …

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