Top stories for May 6-10

China shows Zimbabwe business is business– China, which has described itself as an all-weather friend of Zimbabwe, today showed Harare that business is business. Chinese ambassador to Zimbabwe Lin Lin said Beijing is prepared to arrange a financial package for Zimbabwe’s economic recovery programme but will need collateral in the form of Zimbabwe’s mineral resources. “My government is committed to give our support to Zimbabwe’s economic recovery. What I can say now is that the two sides are carrying out discussions on lines of credit provided by Chinese financial institutions as proposed by Zimbabwean side using your minerals as kind of security. We are looking forward to reach a kind of an agreement on that issue and I hope sometime this year.” Zimbabwe, on the other hand, has indicated that it will continue to sell its diamonds through the Dubai Diamond Exchange though proceeds from the March sale have not yet been remitted. Less than half the nearly US$30 million realised from the auction has so far been paid.

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Baba Jukwa exposed?

A London-based internet publication, New Zimbabwe.Com, today said it had received information and documents that revealed that Baba Jukwa, who has rocked the nation for more than a year, is…

Tsvangirai says Mudenda ruling is a victory for his faction

The Movement for Democratic Change faction loyal to party leader Morgan Tsvangirai today said the decision by Speaker of Parliament Jacob Mudenda to refer the dispute over whether it can recall Members of Parliament who sided with secretary-general Tendai Biti to suspend the party leadership was a victory for the faction because it can now proceed with recalling the MPs. The faction said Mudenda had educated Biti that he was not the only legitimate person who could ask Parliament to recall the legislators. “The response by Speaker Mudenda leaves the door open for the MDC to exercise its power of recall according to chapter 129(k) of the Constitution. Therefore, the party is going to proceed with recalling those Members of Parliament that no longer belong to it,” the party said in an unsigned statement.

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