Zimbabwe Situation

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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