Speaking at a one day post-budget seminar on Tuesday, Mudenda said all public funds must be fully accounted for.
Speaking at the opening of the China-Africa Summit in Johannesburg, Friday, before African leaders, Chinese President Xi Jinping made several announcements, including a commitment of $60-billion for development projects and cancellation of some debt over the next three years.
Zimbabwe President Mugabe addressed delegates at the China-Africa Summit, and said ties between China and Africa are far reaching, extending beyond the extraction of minerals. Mr. Mugabe praised China's loyalty and commitment to the continent.
The money will be used for Africa’s industrialization, agricultural programs, development of small and medium enterprises, poverty alleviation programs, education and health.
Beijing seen as bolstering traditional capital investment with new approaches aimed at making continent ‘fairer, more secure and more inclusive’
The two-day summit will run under the theme ‘Africa China Progressing Together: Win-win cooperation for common development.’
Among the deals signed are $1.4 billion and $98 million China’s Export and Import Bank’s concessionary loan agreements for the expansion of Hwange Power Station and TelOne’s fiber optic project.
President Robert Mugabe's wife, Grace Mugabe and China's First Lady Peng Liyu visited an orphanage in Harare on Tuesday. Peng was accompanying her husband Xi Jingping, who was on an official visit in Zimbabwe.
Zimbabweans living outside the country who cannot receive our broadcast signals can now listen to and participate in LiveTalk in real time (8:30-9:00 p.m. Zimbabwe time) (1830-1900 UTC) (Monday-Friday) and call our studio directly at 1-202-619-2077 to participate.
Businesswoman Helen Dube says she remembers growing up at a time when it was considered prestigious for housewives to own crockery from China.
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