HomePoliticsZanu PF fights to raise $100b

Zanu PF fights to raise $100b

Godfrey Marawanyika

THE ruling Zanu PF is seeking $100 billion to finance the senate election campaign and its so-called National People’s Conference in December. The party has raised $1,9 billion so far fro

m the sale of party cards.

The conference will be held in Esigodini, 40km south of Bulawayo in Matabeleland South, while the senate election is set for November 26.

Zanu PF secretary for finance David Karimanzira could not be drawn into commenting on the funds needed referring all questions to the national political commissar, Elliot Manyika.

“Talk to Manyika, he will give you all the details,” Karimanzira said yesterday. Manyika was not available for comment.

According to a copy of a presentation Karimanzira made to the national fundraising committee on October 28, the party is having problems raising funds.

“Since the party relies mainly on membership card sales, fundraising projects and donations, I am disheartened by the rate at which our membership cards are selling since their launch in October 2004,” Karimanzira said.

“The total revenue received from all provinces stands at $1,9 billion out of the expected $27 billion projected had all the cards been bought and fully subscribed for by today.”

In his mid-term fiscal policy review, Finance minister Herbert Murerwa availed $30 billion for the senate election. This was however earmarked for government work.

Karimanzira said revenue inflows from fees had gone down significantly.

He told the committee that to date, Harare had raised $385 million, Mashonaland East $319 million, Masvingo $313 million, Midlands $210 million and Manicaland $191 million through the sale of cards.

Matabeleland South and North have raised $191 million and $55 million respectively, whilst Mashonaland West and Central have chipped in with $158,4 million and $60 million each. Bulawayo has raised $22 million.

According to the presentation, a card fees and subscription verification exercise was scheduled to be held on Monday in Bulawayo and another in Matabeleland North and South on November 14.

For last year’s conference, Zanu PF raised $500 million, a target which a number of provinces are now struggling to meet.

“There is need to focus our minds on fundraising this year’s $100 billion target to service these forthcoming programmes,” Karimanzira said.

“All provinces should precisely plan fundraising activities to raise funds. Some provinces already have projects under way, such as Harare, which has so far managed to raise $1,1 billion towards the $5 billion each province should raise.”

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