With threats of expulsion from the International Monetary Fund hanging over its head, Zimbabwe was desperate to secure a loan from the South African Government but the United States viewed this as an opportunity to squeeze concessions for reform from President Robert Mugabe’s government.
(45 VIEWS)
Central bank governor Gideon Gono said he would never resign but at the same time he would never refuse to be fired.
(40 VIEWS)
Central bank governor Gideon Gono had become powerless except follow one misguided order after another as the country faced a cash crisis because President Robert Mugabe had refused to allow him to print Z$100 0000 and Z$50 000 bearer’s cheques because “it wouldn’t look good”.
(38 VIEWS)
Zimbabwe was ranked second last in the 2012 Index of Economic Freedom released by the Heritage Foundation and the Wall Street Journal. It was ranked 178 and was only better than the Democratic People’s Republic of Korea.
(29 VIEWS)
Commercial Farmers Union president Doug Taylor Freeme told United States embassy officials that central bank governor Gideon Gono was interested in luring white farmers back to the land and protecting those still there from further seizures but he seemed to be failing.
(48 VIEWS)
Central bank governor Gideon Gono said his monetary policy statement of May 2005 was a clear indication that Zimbabwe was prepared to play by global economic rules, including honouring bilateral investment agreements and was prepared to negotiate compensation with commercial farmers who had lost land during the land reform programme.
(32 VIEWS)
The Zimbabwe African National Union-Patriotic Front Women’s League said it had drawn up a list of companies that were profiteering and threatened to seize control of these companies.
(30 VIEWS)
The foreign currency auction system introduced by central bank governor Gideon Gono to stem the parallel market had failed to do so but instead it had allowed Gono to concentrate economic power in his hands.
(44 VIEWS)
The British government was disappointed by the departure of Global Witness, a British-based non-governmental organisation, from the Kimberley Process Certification Process, Minister of State in the Foreign and Commonwealth Office, Lord Howell of Guildford said last week.
(17 VIEWS)
No one has been so controversial in his short political career like former Information Minister Jonathan Moyo. There are about 240 cables on him and we have now published 200.
(35 VIEWS)
