Zimbabwe: Zanu-PF Revenue Streams Run Dry

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.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.