News about Zimbabwe that you can use
The Zimbabwean government commissioned a Canadian company to do exploration work covering the entire spectrum of the country’s mineral wealth but the company disappeared without giving the government the results.
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The Deputy Minister of Finance Samuel Undenge last week told Parliament that the government entered into an arrangement with departments that collect fees to retain that money which would in turn be offset against their expenditure allocation implying that the Zimbabwe Revenue Authority boss Gershom Pasi lied to the Public Accounts Committee that police were collecting as much as US$7 million a month from roadblocks but did not remit that money to treasury.
(62 VIEWS)
Let’s speak more positively about ourselves- RBZ chief- The Reserve Bank governor John Mangudya yesterday said Zimbabweans should speak more positively about themselves because there was already a negative perception about the country. “We must speak more positively about ourselves. We are renowned for being educated, but we are so negative about ourselves and those negative perceptions lead to more negativity and that leads to lack of confidence. But if we were to measure it, we are not a country with very bad policies. The policies are good, but we may not be publicising them very well. We have a number of comparative advantages which we can exploit. We have good weather, the seventh wonder of the world, the Victoria Falls, and we have peace. We take these factors for granted, but to an investor they are very critical. If we were to put a very huge investment around the Victoria Falls and target one million arrivals and they spend US$1 000 each, we would raise US$1 billion and this could fund ZimAsset.”
(55 VIEWS)
A British Member of Parliament this week said people were now saying they should have supported Libyan leader Muammar Gaddafi or Iraq President Saddam Hussein because what they were seeing now was much worse.
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The Morgan Tsvangirai faction of the Movement for Democratic Change today agreed that anyone that qualifies can contest for any position in the party at its congress in October and that the campaigning will be free and fair.
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Zimbabweans must remember that the United States dollar is foreign currency and must conserve it so everyone must support the government directive to blend local fuel with ethanol because this will save the country US$8 million a month, the Deputy Minister of Energy and Power Development Munacho Mutezo said yesterday.
(45 VIEWS)
