Wither Zimbabwe- confusion reigns over growth

Only yesterday Finance Minister Tendai Biti said Zimbabwe’s economic growth could exceed the government’s forecast of 9.3 percent in 2011. “I genuinely believe the growth rate could be higher, mainly because of the strong performance of international commodity prices. The food crisis is helping us as we are in a surplus position in grains.”

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IMF expects decline in growth but Biti disagrees

The International Monetary fund has predicted a slow-down in Zimbabwe’s economic growth from 9 percent to 5.5 percent this year and attributes this to “an inefficient composition of expenditure, rising vulnerabilities in the financial system, and the recent announcement of the fast-track indigenisation of the mining sector”.

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The world according to Biti

Anyone who says elections in Zimbabwe are coming up this year, next year or in 2013, is out of his mind, so says Zimbabwe’s Finance Minister and Movement for Democratic Change secretary-general Tendai Biti according to the Financial Times. 

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Tekere’s true friends

Former Zimbabwe African National Union-Patriotic Front secretary general and founder of the Zimbabwe Union Movement, Edgar Tekere, has died. At one time he was President Robert Mugabe’s number two but he was expelled from the party in 1988 after opposing the drive towards a one-party state and condemning increasing corruption with the party and the government. Although ZANU-PF readmitted him to the party in 2005, he was fired again after writing his book: A lifetime of struggle. In the introduction to the book, he mentioned who his true friends were. Here they are:

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Nzarayebani’s ideal cabinet

Nearly 20 years ago Mutare South Legislator Lazarus Nzarayebani said Zimbabwe’s 24-member cabinet was too big. He suggested it be reduced by half to 12. Today, Zimbabwe’s cabinet has 46…