United States tobacco firm Dimon denied that it was buying tobacco from farms occupied by the Zimbabwe Defence Industries but it admitted that it was working with Sentry Financial and the Commercial Bank of Zimbabwe, then known as Jewel Bank, on a tobacco-for-grain swap.
(26 VIEWS)
In what appeared to be a deliberate move to appease voters ahead of the 2005 parliamentary elections, the government started ensuring the availability and affordability of politically sensitive goods and services such as maize-meal, fuel and school fees.
(23 VIEWS)
Zimbabwe had become too expensive to do business in by mid-2004 that Coca Cola was considering relocating to the South African financial hub Johannesburg because it was cheaper, according to a cable released by Wikileaks.
(36 VIEWS)
Central bank governor Gideon Gono, who came on with a lot of promise, appeared to be someone who was disingenuous or who had already reached the limits of his influence seven months later.
(36 VIEWS)
Six months on the job, Reserve Bank governor Gideon Gono had only managed to slow down the country’s economic decline but had not turned it around. In fact, exports had slumped since he took over.
(48 VIEWS)
Central bank governor Gideon Gono tends to tell his audience what he thinks they want to hear.
(46 VIEWS)
Central bank governor Gideon Gono said he was prepared to interfere in any sector for the sake of Zimbabwe’s economic health.
(43 VIEWS)
Central bank governor Gideon Gono adjusted the diaspora and exporters’ exchange rate by 10 percent to Z$5 200 to the greenback but after two auctions the auction rate averaged Z$5 272 leaving the incentive for people in the diaspora and exporters in the dust.
(38 VIEWS)
Central bank governor Gideon Gono did not devalue the Zimdollar to boost exports as had been anticipated but even the United States embassy admitted that he had made tremendous strides in the five months that he had been at the helm of the Reserve Bank of Zimbabwe.
(39 VIEWS)
Gideon Gono was at one time the de facto Prime Minister of Zimbabwe. He had become so powerful that he sent shivers through many original founders of the Zimbabwe African National Union-Patriotic Front. But he is now a pale shadow of his former self. All the same there are 290 cables on Gono, making him the third with the highest number of cables after Prime Minister Morgan Tsvangirai and President Robert Mugabe in that order. We have decided to dedicate January to the central bank governor.
(39 VIEWS)
