ZANU PF Halts Presidential Empowerment Fund Amid Pending New Guidelines

By Aldridge Dzvene

The ZANU PF Commissariat Department has ordered an immediate suspension of the distribution of the Presidential Economic Empowerment Revolving Fund, pending the release of updated guidelines for its administration.

In a circular dated January 23, 2026, provincial chairpersons across the country were instructed to comply with the party directive until further notice. The notice indicates that the Secretary General, Cde Advocate J.F.N. Mudenda, will soon issue revised regulations detailing how the fund is to be distributed, managed, and utilized going forward.

The circular, signed by National Political Commissar M. Machacha and stamped at ZANU PF Headquarters, underscores the significance of the fund within the party’s broader empowerment agenda. Copies were also sent to the Secretary General and Treasurer General, P.A. Chinamasa, reflecting the directive’s importance at the highest levels of party leadership.

The Presidential Economic Empowerment Revolving Fund has long served as a key mechanism to support grassroots economic initiatives and empower communities. The circular, however, does not provide reasons for the suspension, nor a timeline for when disbursements will resume.

Observers suggest the move could signal tighter oversight of the fund’s management and a recalibration of its distribution framework, aimed at ensuring transparency and alignment with current economic priorities. Further clarity is expected once the new guidelines are officially released.

News

PRESIDENT MNANGAGWA HANDS OVER SADC CHAIR TO PRESIDENT RAMAPHOSA, CALLS FOR INDUSTRIALISED REGION

Durban, South Africa — Today, Zimbabwe President, His Excellency President Dr. Emmerson Dambudzo Mnangagwa formally handed over the Chairpersonship of the Southern African Development Community (SADC) to His Excellency President Cyril Ramaphosa of the Republic of South Africa during the 46th Ordinary Summit of SADC Heads of State and Government in Durban. In his remarks, […]

Read More
News

Seed Co Limited Delivers Resilient Cash Generation and Market Leadership Despite Normalised Regional Demand

HARARE — Seed Co Limited reported a resilient performance for the year ended 31 March 2026, navigating a normalised regional trading environment following an exceptional prior year, while strengthening its balance sheet, cash generation and commitment to climate-smart agriculture. On behalf of the Board, Chairman P. Gowero noted that FY26 results must be viewed against […]

Read More
News

TREASURY DRAWS LINE ON THIRD-PARTY GOVERNMENT PAYMENT CLAIMS

HARARE — Treasury has drawn a firm line against the growing practice of Government suppliers and contractors engaging consultancy firms, agents and other intermediaries to pursue outstanding payments, signalling a broader effort to bring greater control and accountability to the management of public financial obligations. Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube […]

Read More