Ever since he came to power President Emmerson Mnangagwa has been holding meetings with Baroness Scotland who has just been replaced as Commonwealth Secretary-General by Ghana's Shirley Botchwey (AC Vol 65 No 22 Race tightens as African contenders vie for top post)...
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” Many bankers and companies agree with this assessment which flies in the face of President Emmerson Mnangagwa's policy of ‘command economics'...
Thanks to the crash of the old Zimbabwean dollar over-spending by ministries (the Ministry of Transport was 200% over budget by mid-year) and unbudgeted gifts (such as the 190 4x4 vehicles President Emmerson Mnangagwa presented to chiefs in February and September) economists forecast the budget deficit will be around $2 billion this year (AC Vol 64 No 16 How to spin an economic catastrophe & Vol 65 No 17 Dollars still dominate the economy despite the launch of the ZiG)...
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The company has also denied links with controversial Zimbabwean businessman Wicknell Chivayo who has traded off his relationship with President Emmerson Mnangagwa (AC Vol 65 No 12 Elon Musk's Harare network & Vol 57 No 14 A close political race gets angrier)...
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President Emmerson Mnangagwa's Treasury had resorted to efforts to artificially stimulate demand including by authorising the payment of 50% of all tax in ZiG regardless of the currency of trade (AC Vol 65 No 17 Dollars still dominate the economy despite the launch of the ZiG)...
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On 4 July President Emmerson Mnangagwa indicated that if the ZiG remains stable the country will de-dollarise and switch from the multi-currency system to a ZiG economy by 2030 – he has hinted that it could be as early as 2026 – when the Statutory Instrument 218 of 2023 expires...
Such was the ferocity of the government's assault on civil society activists and oppositionists ahead of the Southern African Development Community (SADC) summit in Harare on 17 August that it had the opposite of its intended effect – instead drawing still more attention to Zimbabwe's economic and political chaos amid reports of a schism within the ruling party over President Emmerson Mnangagwa's plan for an unconstitutional third term...
Vol 65 No 16 |
- RUSSIA
- AFRICA
The most loyal attendees of Moscow's events are military-ruled states with which Russia has security agreements or sanctioned and diplomatically isolated states such as President Emmerson Mnangagwa's Zimbabwe...
Shortly after his victory in last year's disputed elections President Emmerson Mnangagwa reconstituted the country's Sovereign Wealth Fund bringing 66 state-owned enterprises (SOEs) under the control of his office and Finance Minister Mthuli Ncube...
When Tsvangirai was ill in early 2018 President Emmerson Mnangagwa offered to give him the house (AC Vol 59 No 4 After Tsvangirai)...
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But it was enough for President Emmerson Dambudzo Mnangagwa to suggest on 4 July that the country would bar use of the US dollar and enforce the use of the ZiG as the sole legal tender by 2030...
One source reported that President Emmerson Mnangagwa had fired the Permanent Secretary in the Ministry of Finance George Guvamatanga...
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Vol 65 No 13 |
- ZIMBABWE
- RUSSIA
President Emmerson Mnangagwa's remarks on Friday captured on camera that accused the United States of financing Zambia's security sector in order to isolate Zimbabwe look like the latest salvo in an increasingly ugly battle for geopolitical influence...
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