The Insider

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.

(144 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”.

(85 VIEWS)

Former Midlands Provincial Governor Cephas Msipa told United States ambassador to Zimbabwe Christopher Dell that though he felt that it was time for President Robert Mugabe to go, Mugabe would still prevail in any power struggle with former army commander General Solomon Mujuru.

(101 VIEWS)

Idasa analyst Sydney Masamvu told United States embassy officials soon after the Zimbabwe African National Union-Patriotic Front conference at Goromonzi in 2006 that Solomon Mujuru was on a war path to get President Robert Mugabe out of office.

(82 VIEWS)

Old Mutual managing director Zomunoda Chizura said the Reserve Bank was inflating the amount of money it had seized during the 2006 currency changeover saying the confiscation figure was impossible due to the sheer volume of currency supposedly involved.

(103 VIEWS)