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President Emmerson Mnangagwa appointed a five-member team led by retired High Court judge, Justice Maphios Cheda, to investigate the operations of the municipality.
There are also unsubstantiated reports that thousands of CCC members had to travel to the venue through bush routes in order to avoid police roadblocks after some of their planned rallies were banned.
His remarks come as Fitch downgraded Afreximbank recently, citing rising credit risks—a move critics argue reflects structural biases in global rating agencies.