Opinion & Analysis

The murky fire sale begins

NewsDay Staff ·

The murky fire sale begins

GOVERNMENT officials have been fire-fighting all over the mainstream and social media platforms trying to douse the alleged Zimbabwe Electoral Commission (Zec) procurement scam, but this is a tea-party compared to the raucous from the Mutapa Investment Fund (MIF) fire sale of State-owned companies in the coming weeks and months.

Government’s procurement of goods and services and disposal of assets is shrouded in secrecy, but this is going to get murkier with the proposed sale or partial disinvestment from companies under MIF’s ambit.

And this week, the alleged voice notes of controversial tenderpreneur Wicknell Chivayo on how the US$40 million Zec procurement of biometric kits was done and proceeds of the loot were shared among the players emerged.

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