The ministry said some equity worth $302 million went to Tongogara Community Trust, Unki employees and strategic investors whose names have not been published.
The Zimbabwe Electoral Commission says it needs US$104 million to bankroll the referendum alone.
Crisis in Zimbabwe Coalition is urging local people to collectively engage in what the civic groups have dubbed a ‘Save the Constitution Campaign’ in a bid to stop the president from taking over the proccess.
'There is no March date for an election, of course our colleagues in Zanu PF wanted an election in 2011 even earlier on in 2010 but because they know that they cannot force their way of declaring an election without the agreement of the other parties they know what the GPA says'.
Organizations under Crisis in Zimbabwe Coalition and the National Association of Non-Governmental Organizations threatened Thursday to pull out of the process over demands by COPAC that they should register under the three political parties.
Goodson Nguni argues that the draft constitution produced by COPAC does not represent views collected from the public during the outreach phase.
A delegation of South African business people is in Harare for the fourth edition of the South Africa-Zimbabwe Investment Forum.
In a pre-budget strategy paper released Friday, Biti said inflation is projected to remain around 5 percent while the economy will register a positive growth of 6.7 percent from 2014 up to 2015.
In its annual review of the Zimbabwean ecoomy, the IMF said Zimbabwe’s debt which stands at $10.7 billion remains a major impediment for the country’s economic turn-around.
'As we in spirit join the United States in condemning that death, shall the United States also join us in condemning that barbaric death of the Head of State of Libya - Gaddafi? It was a loss, a great loss to Africa, a tragic loss to Africa'
Mugabe is expected Monday to call Ncube and Tsvangirai for a meeting in a last ditch attempt to persuade them to re-open discussions on the new charter
The fight between two Zanu-PF factions and owners of the Save Conservancy has now spilled into the courts.
The US describes the on-going Non-Aligned Movement summit in Iran as a non-event as Mr. Mugabe prepares to call for the removal of sanctions
President Zuma’s international relations aide and a member of the facilitation team, Lindiwe Zulu, said more details of the Harare talks will be released Friday when they meet Mr. Zuma.
The South African leader has previously expressed reservations about intervening in constitutional matters
Zanu-PF spokesman Rugare Gumbo told the VOA his party will meet in a special politburo session to discuss the crisis.
The South African president left Mozambique Friday following the death of 34 miners shot by police in a single deadliest incident since apartheid
The unity government leaders were in Maputo Thursday for advance deliberations with the Sadc organ on politics ahead of the main summit Friday
Amnesty urged the Zimbabwean police to respect freedom of association and the right to peaceful assembly during and after Saturday's el