The cash-strapped Zanu-PF has become heavily reliant on donor funding and bank overdrafts to finance party programmes with over 53,7% of its income in 2019 coming from donors as member subscriptions plunge, the Zimbabwe Independent can report.
The latest central committee report reveals that the party, which boasts of business enterprises -- although most of them have since collapsed due to corruption and incompetence -- is relying on bank overdrafts to cover budget deficits.
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