Cracks within the MDC-T widened yesterday as secretary-general, Tendai Biti snubbed a rally addressed by party president, Morgan Tsvangirai in Chitungwiza.
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MDC-T deputy treasury-general, Elton Mangoma and secretary-general, Tendai Biti were assaulted yesterday by a group of party youths for allegedly calling for leadership renewal in the party.
FINANCE minister Tendai Biti has equated the coalition government to a school, saying the hard lessons learnt were that such arrangements place a premium on development.
INTERFIN Bank curator, Peter Bailey has cobbled the bank’s revival plan, that entails giving creditors’ shareholding in the institution.
MOST ministries are in a serious financial crisis, as the cash-strapped government is failing to release enough funds for administrative work.
TREASURY and the Reserve Bank of Zimbabwe (RBZ) have agreed on a draft bill that will enable government to take over the central bank’s US$1,1 billion debt.
ZIMBABWE will soon be going to a referendum to decide on the fate of the draft constitution, but if recent events are anything to go by, the plebiscite would be nothing more than a rubber stamping exercise.
Communal farmers have taken charge of tobacco farming in Zimbabwe and now constitute over 40% of registered farmers this year, Finance minister Tendai Biti has said.
ZANU PF has said Finance minister Tendai Biti must stop moaning and ensure that funding for a referendum on a new constitution and elections is made available as a matter of urgency.
THE ramifications of Finance minister Tendai Biti’s move to control charges and interest rates were felt across the banking sector last week with executives warning that such a move would kill the industry.