The Insider

Central bank governor Gideon Gono went to President Robert Mugabe for approval on the smallest of issues, the head of a visiting International Monetary Fund team Sharmini Coorey said.

(103 VIEWS)

President Robert Mugabe travels large. When he went to attend the United Nations general assembly in September 2005, he was accompanied by a delegation of 40 plus five journalists. The list probably gives the United States government an insight of who is who in the president’s inner circle.

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A Bulawayo Indian businessman told a United States embassy official that Indians were now leaving the country but they were not going to South Africa because they saw too many parallels between the South African of today and the Zimbabwe of 10 years ago.

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Former army commander Solomon Mujuru told Zimplats chief executive Greg Sebborn way back in 2005 that he was running the country on a day-to-day basis.

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China had embarked on a focused economic campaign to expand ties and secure natural resources throughout Africa but it had little interest in providing meaningful investment. It just wanted to secure resources and get out.

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Operation Murambatsvina in which thousands of Zimbabweans were left homeless had clearly demonstrated that the leadership of the Zimbabwe African National Union- Patriotic Front would do whatever it needed to to stay in power.

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Zimbabwe’s business leaders pleaded with the United States not to let the International Monetary Fund expel Zimbabwe from the organisation saying this would be disastrous and would induce greater capital flight and accelerate the exodus of Zimbabwe’s best and brightest.

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Zimplats, Zimbabwe’s largest platinum miner, was prepared to invest as much as US$2 billion but it was worried about the coming of Chinese investors as they seemed to be getting better concessions from the government.

(69 VIEWS)

Central bank governor Gideon Gono lashed out at greedy “economic saboteurs” and indisciplined elements on whom he vowed the government would clamp down as it became apparent he had run out of options to turn around the economy.

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Movement for Democratic Change legislator David Coltart said the breakup of the MDC was fuelling strains in the Zimbabwe African National Union-Patriotic Front because with the threat from the MDC reduced there was less reason for ZANU-PF insiders to bury their differences.

(52 VIEWS)