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Mnangagwa, Mwonzora Share $200m Windfall As Govt Disburses Cash Payouts


BY POLITICAL REPORTER

PRESIDENT Emmerson Mnangagwa's Zanu PF and MDC-T leader Douglas Mwonzora 

have been allocated cash disbursements from Treasury totalling over $200 million under the Political Finance Act. 

Through the political finance quota, Zanu PF will get $140 060 000 while Mwonzora will pocket $59 940 000.

In an Extraordinary Government Gazette published yesterday, Mwonzora party's bank account will be credited with $59 940 000 courtesy of the Political Finance Act (Chapter 2:11).

Zanu PF, which was reportedly struggling to raise money for the holding of this year's virtual Annual People's Conference in October, will receive $140 060 000 from Treasury to bankroll the yearly festivities.  

"Political Parties Finance Act (Chapter 2:11) Disbursement of money to political parties. The money shall be disbursed to political parties that qualify in terms of subsection (3) of Section 3 of the Act as follows: a). one hundred and forty million sixty thousand dollars ($140 060 000,00) shall be paid to the Zimbabwe African National Union (Patriotic Front) Zanu PF, which received 70, 08% of votes cast.

" b) fifty-nine million nine hundred and forty thousand dollars ($59 940 000,00) shall be paid to the Movement for Democratic Change- Alliance (MDC-A), which received 29, 97% of the total votes cast," reads part of the gazette.

Mwonzora, who has lately forged cosy ties with Mnangagwa after taking over control of the party from Khupe at last year's congress to make him the bonafide leader of the MDC-T, is curiously getting favours from the ruling elite.

The funding to political parties has been a contentious matter with smaller and emerging formations pushing government to extend financing to all parties to enable them to campaign in the run-up to elections.

As it stands, political party funding is disbursed to parties with five percent parliamentary votes, allowing Zanu-PF and opposition MDC Alliance to share the party funding between themselves.

In 2018, more than 100 political parties contested for various seats around the country but only three parties are represented in Parliament, which is controlled by Zanu-PF.


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