Top Stories

Zanu PF, MDC-T split ZWL$500 million govt windfall


Zimstar News

Government has disbursed a total ZWL$500 million to be shared between Zanu PF and Douglas Mwonzora’s MDC-T.

This is in terms of the Political Parties Finance Act which affords state funding for any political party that wins at least five percent of the national vote.

In an Extraordinary Gazette published 25 January by Justice Minister Ziyambi Ziyambi, Zanu PF is pocketing ZWL350 150 000,00 while MDC-T gets ZWL$149 850 000,00.

Reads the Gazette, “It is hereby notified, in terms of section 3(2) of the Political Parties (Finance) Act, (Chapter 2:11), that the total amount of moneys payable to political parties in respect of the year beginning 1st January, 2022, and ending 31st December 2022, is five hundred million Zimbabweans dollars.


“The money shall be disbursed to political parties that qualify in terms of section 3(2) of the Act as follows; (a) three hundred and fifty million, one hundred and fifty thousand Zimbabwean dollars (ZWL350 150 000,00) shall be paid to the Zimbabwe African Union patriotic Front (ZANU PF) , which received 70.03% of the total votes casted; and (b) one hundred and forty-nine million, eight hundred and fifty thousand Zimbabwean dollars (ZWL$149 850 000,00) shall be paid to the Movement for Democratic Change (MDC) which received 29,97%of the total votes casted.”

While Douglas Mwonzora’s MDC-T may not enjoy the limelight granted to its rivals in the now rechristened Citizens’ Coalition for Change (CCC) led by Nelson Chamisa, it is definitely smiling all the way to the bank.

Mwonzora’s party was granted legal rights over the MDC empire following a power wrangle that spilled into the national courts.


Related Articles

Leave a Reply

Back to top button

Adblock Detected

Zimstar News has notice you have adblocker turned on. Kindly turn it off to access this page.