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Zimbabwe Parliament in Budget Tussle Over Control of Mineral Revenues

  • Jonga Kandemiiri

The amendments concerned the Exchange Controls Act governing the disposition of funds generated from the sale of gold, platinum and other minerals, over which the president continues to have oversight

Zimbabwe's House of Assembly adopted five amendments to the 2011 Finance Bill which it passed last week but was blocked in the Senate by members of President Robert Mugabe's ZANU-PF party over control of revenues from mineral resources.

The amendments concerned the Exchange Controls Act governing the disposition of funds generated from the sale of gold, platinum and other minerals. ZANU-PF senators accused Finance Minister Tendai Biti, a member of Prime Minister Morgan Tsvangirai's Movement for Democratic Change formation, of trying to seize presidential powers.

ZANU-PF Chief Whip Joram Gumbo told VOA reporter Jonga Kandemiiri the bill is expected to pass the Senate without difficulty because the changes demanded had been made.

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