Biti in about turn

Movement for Democratic Change secretary-general Tendai Biti today said the Zimbabwe African National Union-Patriotic Front government in power since the 31 July elections was clueless on how to turn around the economy and as many as 300 workers were losing jobs every week because of the decline in business confidence.

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Inflation down again

Zimbabwe’s year-on-year inflation declined once again this time by 0.05 percentage points from 0.59 percent in October to 0.54 percent last month, according to figures released by the Zimbabwe National Statistics Office today.

(51 VIEWS)

Top stories for December 11-15

MDC calls for probe – The Movement for Democratic Change led by Morgan Tsvangirai today called for a commission of inquiry into all the country’s parastatals following the shock hefty allowances paid to suspended Zimbabwe Broadcasting Corporation chief executive Happison Muchechetere. Muchechetere was paid allowances totalling $12 000 on top of a salary of $27 000 a month. “The decay at ZBC is a manifestation of the rot in most parastatals. It is the MDC’s position that a Parliamentary inquiry should be established forthwith to investigate all State enterprises to stop the rot and ascertain how best they can be turned around; and put less burden on the already suffering taxpayer,” the MDC said in a statement. “The benefits that Muchechetere received with the blessing of the dismissed ZBC board vindicate the MDC’s position that there is rampant looting and corruption in most State enterprises and hence the call for investigation.”

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MDC calls for probe

The Movement for Democratic Change led by Morgan Tsvangirai today called for a commission of inquiry into all the country's parastatals following the shock hefty allowances paid to suspended Zimbabwe…