Zimbabwe (Country in Africa)

All posts in the Zimbabwe (Country in Africa) category

Zimbabwe: Mujuru rejects pension

Published September 2, 2015 by godshope1971

FORMER Vice-President Joice Mujuru has reportedly turned down a government pension and retirement benefits offered to her by President Robert Mugabe, claiming she does not want to be politically tied to Zanu PF, an indicator she could be ready to return to mainstream politics.

Mugabe three weeks ago gazetted pension and terminal benefits for former Vice-Presidents in a move widely believed to be aimed at “politically containing” Mujuru, who has been linked to a new political outfit, People First, which comprises ex-Zanu PF members.

Contacted by NewsDay yesterday Mujuru cryptically said: “Thats water under the bridge, nothing to tie me to anything.” ∞∞∞∞∞ MORE »»»»

Zimbabwe: ND So if youths can’t participate freely in discussing succession as you have said, what is their role in the matter as it is about their future as well?

Published September 2, 2015 by godshope1971

FF: Zimbabwe was liberated by youths, people like [Oppah] Muchinguri went to war when she was only nine, people like [VP Emmerson] Mnangagwa went to war when they were teenagers, I think the youths should bring direction to the party now and have a vision to build the economy, let’s unite and stick to the values of unity, peace and development. We will have a better Zanu PF than we have at the moment. ∞∞∞∞∞ MORE »»»»

Zimbabwe: ND How exactly are you linked to Zanu PF?

Published September 2, 2015 by godshope1971

FF: The way I joined Zanu PF is a story on its own. I joined the party when I was still 14 years of age. At that time I could not have a party card. I had a debate with other leaders then and later they agreed to get me a party card. I was introduced into politics by the late Cde Eddison Zvobgo when I was still a student at Allan Wilson High School. He saw some political potential in me and handed me over to Harare province around 1997/8 where I had the opportunity to interact with senior guys in the army and I had exposure to powerful men in politics. After that I moved to Bulawayo and was once elected into the district co-ordinating committee [youth affairs] and it was before the disbandment of the DCCs. I was later appointed deputy chairperson of the national youth advisory board that advised Cde Saviour Kasukuwere [then Minister of Youth, Indigenisation and Economic Empowerment] and the inclusion of persons with disabilities.
I was appointed special interest councillor in Bulawayo representing persons with disabilities. Recently, I was part on the organising committee in the Office of the President and Cabinet under the disability desk in Retired Brigadier Felix Muchemwa’s Office and organised the national disability expo. ∞∞∞∞∞ MORE »»»»

Zimbabwe: Govt to introduce new audit systems

Published September 2, 2015 by godshope1971

GOVERNMENT will soon introduce a raft of new audit systems in parastatals to plug holes and stop revenue leakages, NewsDay has learnt.

Finance, Economic Planning and Investment Promotion secretary Desire Sibanda told stakeholders attending the inaugural summer school on mineral resource governance in Harare yesterday that legislators would also be roped in to ensure they effectively play their oversight role.

“Government is working on introducing effective audits or value for money audits of State-owned enterprises including those operating in the extractive industries sector,” Sibanda said. ∞∞∞∞∞ MORE »»»»

Zimbabwe: ND A lot has been said about you, but not much is known about your personal life. Who is Fidelis Fengu?

Published September 2, 2015 by godshope1971

FF: Fidelis is a young simple gentleman. I studied in Malawi and attained a high level understanding and skill in media and society studies and then I also went to Romania where I did studies in public administration, that is me on the academic side. A second child in a family of four and I come from a place called Silobela in the Midlands region, home to Vice-President Emmerson Mnangagwa. I grew up in Gweru and later went to Bulawayo before relocating to Malawi and then back to Zimbabwe in 2010. ∞∞∞∞∞ MORE »»»»

Zimbabwe: Govt set to take over Cottco

Published September 2, 2015 by godshope1971

Government is set to take over the majority shareholding in Cottco Holdings through a debt-equity swap, sources familiar with the scheme said. The scheme will allow the conversion of high interest debt of about $56 million plus using bad debt-buying unit Zamco, to lower interest Treasury Bills, thus easing the debt burden which has been straining operations of the company.

The Government, through the National Social Security Authority already holds about 22 percent in the firm. Cottco applied for provisional judicial management in November last year but suspended the move after the company and creditors, mainly banks, agreed for a scheme which would have resulted in debt-equity swap.

“The plan is for the Government to assume Cottco’s debt and become majority shareholder in the company,” said one source. “Being the majority shareholders, Government will recapitalise the business.” ∞∞∞∞∞ MORE »»»»

Zimbabwe: Mutsvangwa fuels divisions: War vets

Published September 2, 2015 by godshope1971

A GROUP of disgruntled war veterans from Bulawayo has accused War Veterans minister Christopher Mutsvangwa of fuelling divisions and imposing his alleged cronies into the provincial executive of the Zimbabwe National Liberation War Veterans’ Association.

Speaking on condition of anonymity, the war veterans vowed to shut down all association offices in the city in protest against Mutsvangwa’s alleged interference and imposition of his preferred executive members. ∞∞∞∞∞ MORE »»»»

Zimbabwe: Mr President, the ship is sinking

Published September 2, 2015 by godshope1971

HARARE – With Zimbabwe’s economic ship facing certain Armageddon, amid signs of cluelessness on the part of the captain President Robert Mugabe, it’s high time the 91-year-old leader and his increasingly powerful but controversial wife, Grace faced up to the reality that they have failed.

It is of paramount importance to mention Grace together with her aged husband because she has on several occasions now, including at a meeting in Zvimba yesterday, alluded that she is running the show and that her husband can’t stop her. ∞∞∞∞∞ MORE »»»»