HARARE, Nov. 9 (Xinhua) -- The following are the news highlights in Zimbabwe's major media outlets on Friday.
-- Zimbabwe will - with effect from Friday -start drawing down on a 250 million U.S. dollars line of credit facility from a United Kingdom-based firm, Gemcorp Capital, an international independent investment fund management entity that focuses on emerging markets, to import essential commodities.
A delegation from Gemcorp Capital met President Mnangagwa at his Munhumutapa offices in Harare Thursday where they briefed him on the progress of the facility that was sealed last month. (The Herald)
-- President Mnangagwa on Thursday vowed to clamp down on cartels involved in various corrupt activities such as fraud, money-laundering, insider trading and manipulation of government procurement tenders, saying these "saboteurs" were behind the country's current economic meltdown.
Speaking at an annual public sector audit conference and financial management awards ceremony in Harare, Mnangagwa said Zimbabwe had lost millions of dollars to such economic ills and he would not allow cartels to continue sabotaging the economy under his watch. (Newsday)
-- Fresh fissures have emerged in opposition leader Nelson Chamisa's MDC- amid damaging allegations of heightened factionalism and the use of "dirty money" to destabilize the party. (Daily News) Enditem
