Stories

While everyone was focussed on the disputed election results following the delay in announcing the results of the presidential election in 2008, foreign investors were flooding into the country because they could get world class companies at Zimbabwe prices- literally a pittance.

(96 VIEWS)

The Zimbabwe African National Union- Patriotic Front planned to rig the 2008 elections in favour of President Robert Mugabe so that he could pull off a 51 percent victory, according to a cable released by Wikileaks.

(118 VIEWS)

The chief executive officer of Old Mutual Luke Ngwerume threatened five years ago to close the company’s Zimbabwe arm before it allowed anyone to control its operations and brand.

(65 VIEWS)

Zimbabwe African National Union-Patriotic Front negotiator Nicholas Goche told United States ambassador to Zimbabwe James McGee that he could arrange a one-on-one meeting between the ambassador and President Robert Mugabe because he wanted the two governments to mend their relations.

(104 VIEWS)

As the local currency dried up with the country preparing for its watershed elections in 2008, the country was forced to adopt multiple exchange rates including what was called the Old Mutual Implied Rate which was popular in the business sector.

(82 VIEWS)

Although President Robert Mugabe repeatedly said the price blitz in 2007 was a reaction to a “political agenda” pursued by “greedy companies” doing the bidding of Western governments seeking to bring about regime change through “illegal sanctions”, the Joint Operations Command was actually behind it.

(75 VIEWS)

A civil servant could easily turn US$100 into US$12 000 just by tinkering with the exchange rate, former United States ambassador to Zimbabwe Christopher Dell said six years ago after Reserve Bank governor Gideon Gono announced his new monetary policy.

(51 VIEWS)

The Zimbabwe African National Union-Patriotic Front faction loyal to the late Solomon Mujuru was so desperate to get rid of President Robert Mugabe before the crucial extra-ordinary congress of 2007 that it sought help from the United States government.

(145 VIEWS)

Zimplats, the country’s largest platinum miner, said six years ago that it intended to list on the Zimbabwe Stock Exchange to widen its ownership base and relieve the pressure of indigenisation.

(121 VIEWS)

A senior, unnamed Lesotho government official, pacified United States embassy officials after President Robert Mugabe described “so-called international leaders” as “hypocritical terrorists” by saying “That’s just Mugabe being Mugabe”.

(86 VIEWS)