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MDC threatens to invade CABS

by Staff reporter
15 Jun 2012 at 07:55hrs | Views
MDC youths yesterday gave Finance minister Tendai Biti a two-week ultimatum to release funds for the Distressed and Marginalised Areas Fund (Dimaf) or face protests.

The youths from Welshman Ncube's MDC threatened to invade Central African Building Society (CABS), which has been mandated with disbursing the money meant to resuscitate Bulawayo's comatose industry.

MDC Bulawayo youth assembly secretary for information and publicity Khumbulani Malinga said Biti had derailed employment opportunities for thousands of youths in the city.

"To Minister Biti we, therefore, are giving you an ultimatum to disburse the money that you are supposed to disburse to CABS by end of this month or else we will mobilise all the unemployed young people who are already agitated by now. We will toyi-toyi to your offices; we will besiege CABS, we will make this city come to a standstill until you sort out this mess."

Malinga said Dimaf had become politicised and Bulawayo had been sidelined yet it was meant to be the major beneficiary of the fund.

MDC director for research and policy implementation Qhubani Moyo said the party supported the position taken by the youths.

Source - newsday