Categories: Stories

Mnangagwa in secret pact that could rope in Tsvangirai!

After Mugabe loyalists and inexperienced black farmers took over the land, the economy went into freefall.

Before 2000, farming accounted for 40 percent of all exports; a decade later the figure was just 3 percent.

GDP almost halved from 1998 to 2008.

The central bank began printing money to compensate and hyperinflation took hold.

At its height Zimbabweans were buying loaves of bread with Z$100 trillion notes.

Mugabe was forced to cede some control in 2009 to a unity government that scrapped the worthless Zimbabwe dollar in favor of the U.S. dollar.

Economic growth resumed.

But since Mugabe regained outright control in a 2013 election, growth has faded and the central bank has begun issuing “bond notes,” a domestic quasi-currency that is already depreciating.

It was against this dismal economic backdrop that potential successors to Mugabe began planning for his departure.

According to the intelligence files, Mnangagwa’s overtures to Tsvangirai and white farmers became apparent in early 2015 amid bitter strife within the ZANU-PF party.

On one side is Mnangagwa’s faction – dubbed “Team Lacoste” after the crocodile-branded French fashion chain.

On the other is G40, a group of young ZANU-PF members who have coalesced around Mugabe’s 52-year-old wife, Grace.

In March 2015, the intelligence documents make the first mention of Mnangagwa meeting white farmers, including Charles Taffs, a former president of the Commercial Farmers Union (CFU), the farmers’ professional association.

Some of the gatherings were boozy affairs, according to the intelligence reports.

“Mnangagwa had a slip of the tongue this week that angered Mugabe and Grace, when he told people who were around that ZANU-PF rigged the elections in 2013, this being said while under the influence of liquor,” a March 19, 2015 report reads.

Continued next page

(2257 VIEWS)

This post was last modified on September 5, 2017 11:31 am

Page: 1 2 3 4 5 6 7 8

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG relatively extinct and largely irrelevant

Zimbabwe’s local currency the Zimbabwe Gold (ZiG) has become relatively extinct and largely irrelevant because…

October 14, 2025

What sleeping for less than 6 hours can do to you

Sleep is a vital restorative process with measurable effects on health and overall wellbeing but…

October 12, 2025

Zimbabwe among the 10 least innovative countries in Africa and the world

Zimbabwe has been ranked 129 out of the 139 most innovative countries in 2025, according…

October 9, 2025

IMF calls for more clarity on transitional plan to make ZiG sole currency by 2030

The International Monetary Fund has called on Zimbabwe to provide more clarity on its transitional…

October 8, 2025

Which is the most innovative country in the world – The answer

Switzerland is the most innovative country in the world according to the 2025 Global Innovative…

October 7, 2025

Which is the most innovative country in the world?

Take a guess. You will not believe it when you see the answer.

October 7, 2025