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Zimbabweans United for Democracy ... Determining our own future ... We demand real change ... Fear is not an option ... Tiri kuvaka ramangwana redu ... Tinoda sanduko chaiyo ... Hatichatya ... Siyakha elakusasa lethu ... Sifuna inguquko yobala ... Asikhethi ukwesaba ...

 

Mujuru must shape up or ship out

by Justice Benjamin Paradza


A Letter from the Diaspora

Batsirai


Are Zimbabweans worth dying for?

by Moses Chamboko


ZUNDE challenges SADC to learn from The Gambia

by Justice Benjamin Paradza


Who is abusing Mugabe?

by Moses Chamboko


Grand Coalition — Is MDC-T serious about it?

By Justice Benjamin Paradza


The struggle is greater than Tsvangirai and Biti

by Moses Chamboko


Jonathan Moyo is a tiny drop in an ocean of corruption

by Moses Chamboko

 

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Zimbabwe's parastatal rot — when looting becomes second nature

by David Mutori and Benjamin Paradza
13 April 2017

Ever wondered why the Zimbabwe Government and its ministers find parastatals attractive despite them costing the taxpayer billions of dollars? Our previous article asked questions on the wisdom of the government taking over Telecel mobile network. This article explores the reasons and why the Telecel conundrum and indeed government ownership of parastatals are attractive to politicians but costly to the taxpayer.

Zimbabwe is known to have generated Rolls Royce parastatal related millionaires overnight without any explanation on how they made their money. In most cases Zimbabwe's miraculous millionaires do not have any business; they simply become millionaires through their relationship with government officials or parastatals.

NetOne Logo

We will explore why ministers are very keen to be appointed into ministries that are responsible for parastatals by scrutinising the money trail and hypothesise on why the government would want to own Telecel despite the fact that they already own NetOne.

Parastatals are companies that are owned by the public/tax paying citizens. Traditionally, they are organisations... Read more...

 

 

 

 

 

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