FORMER Local Government minister Saviour Kasukuwere has challenged ex-Reserve Bank of Zimbabwe governor Gideon Gono and presented evidence that he settled his debt under the Farm Mechanisation Programme.
Kasukuwere was forced to absolve himself after a State-owned daily claimed that he did not pay back the loan under the programme after United Kingdom-based Zimbabwe lawyer Alex Magaisa disclosed the full list of top Zanu PF bigwigs and their cronies who benefited from the controversial scheme in 2007/8.
In a statement, the former Zanu PF national commissar blamed top party and government officials for hiding behind the finger, by claiming that the programme was not a loan in order to avoid paying back.
“It is with great disappointment that I learnt the RBZ and some former executives of the Fiscorp under which we were allocated farm equipment have professed ignorance on there being any payment on my part with respect to the items given to me,” Kasukuwere said.
“I have previously stated that I indeed made payment, and if anything was left outstanding, I would be happy to receive the relevant invoice and settle the payment. However, nothing has been done expect for public shaming of my person.”
Kasukuwere said he signed a purchase agreement with Fiscorp on November 19, 2008 which indicated he was to pay $3 390 533 275.
“Understanding the need for this equipment and my dedication to my farming operations, I made the payment the very next day, November 20 2008, through a CFX electronic funds transfer of the sum of $3 390 533 275.”
Info News
Construction Site Injury Lawyer Near Me: Know Your Legal Rights Today
A construction site injury lawyer near you helps workers understand their legal rights after an accident. Many victims are unaware that they may be entitled to compensation beyond workers’ compensation, including third-party liability claims. These claims can significantly increase the total compensation available.
rnrn
An experienced attorney evaluates your case to identify all possible sources of recovery. They explain your options clearly and guide you through the legal process. With proper legal advice, you can make informed decisions that protect your financial future and ensure justice is served.
rn
Best High-Yield Savings Accounts for Emergency Funds
A high-yield savings account is one of the safest places to keep your emergency fund. It gives you easy access to your money while earning more interest than many traditional savings accounts.
rnThis topic performs well because many people search for it when they are trying to improve their financial foundation. An emergency fund should be easy to access, separate from everyday spending, and safe from market swings. That makes high-yield savings accounts a practical choice for short-term savings.
rnWhen choosing an account, compare the annual percentage yield, monthly fees, minimum balance requirements, and withdrawal rules. A slightly higher interest rate can be helpful, but only if the account is also easy to use and does not charge you unnecessary fees. Convenience matters just as much as yield.
rnYou should also check whether the bank is online-only or has physical branches. Online banks often offer stronger rates because they have lower overhead, but some people prefer the comfort of in-person support. The best account depends on how you like to manage your money.
rnAnother factor is whether the bank offers fast transfers. Since an emergency fund may be needed quickly, you want an account that allows easy access without delays. Some accounts also connect well with checking accounts, making it easier to move money when needed.
rnA good emergency fund goal is usually several months of essential expenses. That money should sit in a place where it is protected, but still available when your car breaks down, a medical bill appears, or you lose income unexpectedly. A high-yield savings account is designed for exactly that purpose.
rnDo not use this account for long-term investing. Its job is not to maximize growth, but to keep your emergency cash safe and available while earning some interest along the way.
rnThe best high-yield savings account for an emergency fund is the one that combines safety, access, and a competitive rate.
rn
