Liquidity crunch bites Zanu-PF

via Bulawayo24 NEWS | Liquidity crunch bites Zanu-PF 10 July 2014

ZANU-PF is said to be working on thin resources which might affect its preparations for the ZANU PF elective congress due in December.

Yesterday, the party’s Politburo was expected to receive on its congress preparations amid indications that the corporate sector will once again be called in to support Zanu-PF fund raising efforts.

The party is said to have not paid its workers countrywide for the last two months salaries amounting to $190 000 and there is possibility that it could be dragged before the courts for breaching labour regulations.

Zanu-PF revenue comes in the form of donations, membership fees and subscriptions.

Analysts said the fact that Zanu-PF has a crisis in its own backyard which it is failing to resolve raises a lot of questions about its ability to much bigger challenges confronting the country.

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7 comments on “Liquidity crunch bites Zanu-PF
  1. roving ambassador. says:

    They have looted the national coffers and transferred the loot to the party then looted the party coffers.
    What a barbaric bunch of thieves.

  2. Shamhu YeNhanzva says:

    “Zanu-PF revenue comes in the form of donations, membership fees and subscriptions.” Wow! Who donates their hard earned $ to a bunch of thugs that only care about enriching themselves?

  3. John Thomas says:

    Bob should use some of his loot and fund his own party. I am betting he is too mean for this though

  4. woundedbaffallo says:

    Crisis

  5. Mahlaba says:

    They must declare their booty and then tax it. I am sure they will get more than they need.

  6. Wilbert Mukori says:

    There so thick headed individuals in Zanu PF who still think the regime can rule for ever and they can continue to loot and pass those looting rights to their own children and grand children. They have struggle to realise that the economy has suffered greatly because of the looting.

    Corruption and looting are economically unsustainable!

    When party grandees like Shamuyarira are living in abject poverty and die a pauper that should have set alarm bells ringing in the idiots in Chibuku House!

    The economic meltdown affects everybody, big chefs like Shamuyarira, rank and file soldiers who are now being force to go on leave two weeks in every month because the army cannot afford to feed them and now party workers are not being paid! Zanu PF leaders and the idiots who have prop them up all these years are thick but poverty is a diamond tipped drill it was bound to get through to them and has!

  7. Mukanya says:

    Rautenbach,van Hoogstraten,Moxon etc senior party members will provide the necessary financial requirements for the successful hosting of the people’s elective congress,thus shaming the detractors.

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