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Govt Acquires Landmark Hotel for MPs
The Zimbabwean government purchased the Monomotapa Hotel from African Sun to accommodate Members of Parliament during sittings. A move aimed at reducing recurring hotel expenditure. Finance Minister Ncube announced the acquisition at the pre-budget seminar in Bulawayo, saying the hotel will remain open to the public when Parliament is not in session. African Sun had valued the property at US$18 million earlier this year. Government has not disclosed the purchase price.
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