Categories: Stories

Surprise, surprise

A month ago Zimbabwe was broke. It only had $217 in its kitty. Finance Minister Tendai Biti and Justice Minister Patrick Chinamasa were tasked with raising money from donors, $252 million for the national referendum and the elections. No one came forward.

Suddenly, the country has raised money locally to hold the referendum. The amount has not yet been disclosed but the Zimbabwe Electoral Commission needed $82 million for the exercise.

Once again everyone is talking about sovereignty. Why in the hell did they not think about this before humiliating themselves?

Come to think of it, if the country can raise enough money, locally, to run elections at such short notice why is it failing to raise money for something more productive, something that can create wealth?

 

(66 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Is it true that 4 million Zimbabweans went without food on several occasions last year?

At least four million people in Zimbabwe reported that they had gone without food on…

November 5, 2026

Did you know that four of the world’s largest banks are all in China?

Four of the world’s largest banks are all in China. Assets of the Industrial and…

October 15, 2026

Zimbabwe one of the 27 countries in the world where the richest 0.1% has more wealth than the bottom 80%

Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…

October 2, 2026

Zimbabwe third among the least free countries in SADC

Zimbabwe has been ranked third among the least free countries in Southern Africa but it…

May 24, 2026

Why I had a girlfriend two months after my wife’s death- Take 1

I had always considered it a curse for a wife to die before her husband.…

May 18, 2026

Why I had a girlfriend two months after my wife’s death

This is a true story about the challenges and loneliness I faced when my wife…

May 17, 2026