AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,615 Increased By 43.5 (0.51%)
BR30 26,900 Decreased By -375.9 (-1.38%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

Zimbabwe's parliament will on Thursday debate a law to form a unity government, after an initial delay raised fears that a political and damaging economic crisis would be prolonged. Movement for Democratic Change (MDC) leader Morgan Tsvangirai last week agreed to join a unity government with President Robert Mugabe after months of wrangling over cabinet posts had stalled a power-sharing deal signed last year.
Parliament was expected to start debating constitutional changes to create a prime ministerial post for Tsvangirai on Wednesday, but a fresh dispute erupted this week, with the MDC accusing Mugabe's ZANU-PF of backtracking on the unity deal. MDC chief whip Innocent Gonese earlier told Reuters the rival parties' negotiators would meet in South Africa on Wednesday to try to settle outstanding matters.
The Speaker of the Lower House of Parliament, Lovemore Moyo, told all legislators to attend Thursday's session. He did not give details. But lawmakers from MDC and ZANU-PF told Reuters the bill to amend the constitution to form the unity government would now be debated on Thursday. "That would be tomorrow's business ... essentially," said an opposition lawmaker, who declined to be named.
State radio quoted ZANU-PF chief whip Joram Gumbo urging law makers from all the political parties to attend parliament to debate the law on the coalition government. Regional Southern Africa Development Community leaders met last week to persuade Zimbabwe's rival parties to break the deadlock. They called for a unity government to be in place by February 13. The new government is seen as crucial to rescue Zimbabwe's shattered economy.
The once-prosperous southern African country's economy is in ruins, with half the population needing food aid. Official inflation, last recorded in mid-2008, had soared to 231 million percent and the United Nations says unemployment is 94 percent. The continent's deadliest cholera epidemic in 15 years has infected 65,739 people, killing 3,323.

Copyright Reuters, 2009

Comments

Comments are closed.