Recent events in Zimbabwe have reminded me of a story The Insider published three years ago, in April 2014.
Zimbabwe’s infrastructure bank today listed two bond facilities worth $65 million on the Finsec alternative trading platform, as it seeks to raise funds to finance its energy projects.
The Movement for Democratic Change has welcomed President Emmerson Mnangagwa’s three-month amnesty for all those who externalised money and assets to bring them back without any questions being asked but added that this fight should not be motivated by political or factional considerations.
Zimbabweans activist pastor Evan Mawarire was today acquitted of subversion in what international news agency Reuters said is seen as a barometer of independence for the courts under new President Emmerson Mnangagwa.
President Emmerson Mnangagwa will name his cabinet, which he said would be leaner, this week according to Chief Secretary to the President and Cabinet Misheck Sibanda.
Monica Mutsvangwa who was suspended from the Zimbabwe African National Union-Patriotic Front last year for insulting the former first lady Grace Mugabe has been selected to take her place at the Secretary for the Women’s League.
Jonathan Moyo, who was fired as a government minister on Monday when President Emmerson Mnangagwa dissolved ousted president Robert Mugabe’s last cabinet and expelled from Parliament yesterday, had time to laugh at himself yesterday quipping that “where there’s no laughter, the people perish!” The subject that left him with cracked ribs was a picture of himself which he said had been forwarded to him by one of his “dope daughters”.
Zimbabwe’s tobacco exports increased by seven percent, earning $827.4 million as at November 22 compared to $771.8 million last year, latest statistics from the industry regulator show.