Zimbabwe – 5 December 2014

Mujuru faces jail: President
Vice President Joice Mujuru will be prosecuted if the allegations of corruption and abuse of office levelled against her are proved, President Mugabe has said.
VP Mujuru and her cabal- Cdes Didymus Mutasa and Nicholas Goche- were not among the 12 000 delegates who thronged the giant marquee at the Robert Mugaba Square for the congress.
President Mugabe narrated how the First Lady, Amia Grace Mugabe, and the Womens League begged him in 2004 to elevate VP Mujuru to the vice presidency only for her to betray their trust through corruption and an insatiable desire for power.

The Herald


 

Mugabe’s Zanu-PF expels ex-spokesman

Zimbabwe’s ruling party has expelled its former spokesman Rugare Gumbo as tensions escalate ahead of key elections to choose new party leaders, the state broadcaster reported Thursday.
The news came at a widely-watched meeting of the ZANU-PF expected to provide a key to who will succeed veteran Zimbabwe President Robert Mugabe, with the party riven by internal feuding.
Party chairman Simon Khaya Moyo told the Zimbabwe Broadcasting Corporation (ZBC) that Gumbo, a former cabinet minister, was banished by the party’s central committee but declined to give reasons.
Gumbo, a party veteran, and lawmaker Enoch Porusingazi were suspended from the party for five years last month while Jabulani Sibanda, then leader of the war veterans, was suspended.
Gumbo and Porusingazi are seen as sympathising with Vice-President Joice Mujuru, accused by Mugabe and his wife Grace of plotting to topple the president.

IOL


 

Govt plans new mining tax system

Zimbabwe plans to introduce a new mining tax regime targeted at plugging mineral and revenue leakages as well as attract investors into the extractive sector.

Also, Finance minister Patrick Chinamasa said the move was aimed at striking a balance between revenue inflows from the mining industry, and its viability.
This is on the back of Zimbabwe hinging its economic growth hopes on the mining sector, but it has been weighed down by falling global commodity prices.

“The mining fiscal model will enable government to design an appropriate tax system that attracts investment into the mining sector and promotes optimal mineral extraction and revenue generation, without sterilising minerals, that is, extraction of high grade ores, at the expense of less economic grades,” the Treasury chief said in his 2015 National Budget.
He noted that the long-term sustainability of the mining sector required government to put in place a mechanism to assess the economic impact of various policy decisions.
“The model would be used as an audit tool to assess mineral and revenue leakages and also project future revenues from the mining sector,” he said.

Zimbabwean Situation