MDC-T's financial position remains dire

THE Morgan Tsvangirai-led MDC party's financial position remains dire as it struggles to fund its programmes, barely five months after a new leadership was elected at its October congress.

The party last year resorted to levying its members a monthly subscription to keep its operations afloat even after retrenching scores of its employees after a bruising defeat to Zanu-PF in the July 2013 elections.

MDC-T secretary-general Douglas Mwonzora yesterday confirmed that the party's financial position was bad.

Traditional donors to the party have considerably scaled down their contributions in the face of reports of abuse of funds and the continued fracturing of the opposition.

The party suffered its second split in less than a decade, further diminishing its chances to take-over from Zanu-PF in the short to medium term.