Corruption Is The Major Cause Of (1980-2016) Economic Collapse In Zimbabwe

Corruption Is The Major Cause Of (1980-2016) Economic Collapse In Zimbabwe

When a nation goes through economic hardships they are unable to trace its cause, corruption thrives since corruption lies at the heart of human ill will centred on selfishness in self-preservation of a dynasty of few to enrich themselves at the expense of the rest.  Political decay derives from greediness founded on short cuts always caused by men lacking in experience and integrity but ambitious without a vision, let alone practice, of building nationhood. Poor…

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Proposed Bill To Enforce US$500 Fine Or 6Months In Jail for Public Smoking

SMOKING in public will attract a fine of US$500 or six months in jail after the country has aligned the Public Health Act on Tobacco Control Regulation 264 of 2001 with the World Health Organisation statutes, an official has said. The deputy director Alcohol and Drug Abuse in the Ministry of Health and Child Care, Mrs Docas Sithole, said Zimbabwe became an affiliate member of WHO on Tobacco Control in March this year and some…

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Section 109, Of Zim Constitution, Allows A Vote Of No Confidence To Be Passed On Gvt

Section 109,  Of Zim Constitution,  Allows A Vote Of No Confidence To Be Passed On Gvt

“Section 109 of the Zimbabwean Constitution allows a vote of no confidence to be passed on government through a joint resolution passed by at least two-thirds of the total membership in Parliament.   Mugabe’s Zimbabwe, Zanu PF regime is strongly made up of the typically, violent, corrupt and heartless monopolisers of power and wealth, namely the Zanu PF legislators, actually make up two-thirds majority in Parliament.   In an ideal world, it would be easy…

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Give Us Money, To Clear Debt Catch Up With Rest Of Globe’-Chinamasa To World Bank

Give Us Money, To Clear Debt Catch Up With Rest Of Globe’-Chinamasa To World Bank

Finance and Economic Development minister Patrick Chinamasa has pleaded for a cash bailout from the World Bank to enable Harare to clear its debts and catch up with the rest of the world.Zimbabwe has an external debt of over $8,4 billion which has hamstrung the country from accessing lines of credit from multilateral and bilateral financial institutions. Speaking at the opening ceremony of new World Bank offices in Harare on Wednesday, Chinamasa said the relocation…

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‘International Monetary Fund (IMF) Rules Out Financial Assistance To Zimbabwe’

The International Monetary Fund (IMF), which is dispatching a mission to Harare next week, has ruled out giving any financial assistance to Zimbabwe until all external debts are settled. The IMF is expected in the country from August 31st to September 11th to undertake the second review of the Staff Monitored Programme (SMP). Last year the IMF agreed to a successor SMP – an informal agreement between country authorities and the global lender designed to…

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Groceries Taken Off Travellers Rebate, Used Clothing & Shoes Import Banned

Groceries Taken Off Travellers Rebate, Used Clothing & Shoes Import Banned

Zimbabwe’s finance minister, Patrick Chinamasa has revealed plans to reduce the wage bill by 40% from the current 80% as the government struggles to reduce its expenditure. In his presentation of the Mid-term Fiscal Review in Parliament on Thursday, Chinamasa the move would free fiscal space to cover projects under the Zimbabwe Agenda for Sustainable Socio Economic Transformation. Chinamasa said revenue for 2015 would be $3,6 billion against a target of $3,99 billion. Expenditure would…

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‘MPs ignorant of their roles & constituency needs’-Professor Lovemore Madhuku

‘MPs  ignorant of their roles & constituency needs’-Professor Lovemore Madhuku

MPs have a minimal understanding of their roles and the needs of their constituents, a problem which contributes towards lack of development in the country, a leading academic and politician has said. University of Zimbabwe law lecturer, Professor Lovemore Madhuku, said this during a breakfast meeting Wednesday organised by Zimbabwe Lawyers for Human Rights in Harare. Addressing parliamentarians, Madhuku said, “Most of the MPs think they represent their parties and forget they are voted for…

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