Zimbabwe – 5 June 2014

Review of Indigenisation Linked to EU Rescue Package
The ruling ZANU PF government is so desperate for cash it appears to be willing to modify its controversial indigenisation policy. It is believed the party has taken this route to ensure the ongoing re-engagement efforts with the European Union (EU) remain on track, as there is likelihood the government will receive a direct multi-million dollar rescue package from Brussels. allAfrica.com

Mthuli Ncube eyes AfDB presidency
African Development Bank chief economist and vice-president, Professor Mthuli Ncube and founder of Barbican Holdings, is making a bid for the presidency of the continental financial institution. If he lands it, he would take over from Donald Kaberuka whose second five-year term expires next May. Prof Ncube, a native Zimbabwean and naturalised South African, is lobbying South Africa’s finance minister and other officials for the country to nominate him for the post. Business Daily

“Bulldozed Election Law Is Death of Free Elections in Zimbabwe”
The Electoral Amendment Bill was passed in the Zanu (PF)-dominated Parliament last week without amendments, despite Parliament having taken views from the public and stakeholders as provided for in Section 141 (a) and (b) of the Constitution and in the Standing Rules and Orders No. 159 and No. 160 of Parliament. Change Zimbabwe.com

Moyo pleads with exiles to return home
Simon Khaya Moyo, the ZANU PF senior Minister of State, has urged Zimbabweans in the diaspora to return home and participate in rebuilding the country’s economy.
Speaking last week at a meeting organised by the Zimbabwe Congress of Students Unions at Harare Polytechnic, Moyo said individuals in foreign lands had a role to play in economic development. Zimbabwe Situation