Categories: Zim Latest

Mnangagwa, Mwonzora smile all the way to bank, as gvt releases $1,5 billion to political parties

The government has released $1.5 billion to political parties ahead of polls set for July or August this year.

The money, which is under the Political Parties Finance Act, will be shared between ZANU PF and the Movement for Democratic Change-Alliance, is split based on the number of seats a party obtained in the previous election (2018).

The money is administered by Minister of Justice, Legal and Parliamentary Affairs and ZANU PF received $1 050 450 000, while MDC A got $449 550 000.

Based on the 2018 general election, ZANU PF obtained 70,03% of the votes, while the MDC A, grossed 29,97%.

Meanwhile, Citizens Coalition for Change (CCC) the country’s biggest opposition party didn’t get its fair share.

The PPF Act is meant to provide for the financing political parties by the State; to prohibit foreign donations to political parties and candidates.

It is also aimed at repealing the Political Parties (Finance) Act [Chapter 2:04]; and to provide for matters incidental to or connected the foregoing.

Zwnews

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