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#Zimbabwe anti-corruption agency probes Grace Mugabe ally Saviour Kasukuwere

Harare – Anti-corruption investigators in Zimbabwe are probing how an ally of former first lady, Grace Mugabe, acquired large areas of prime land in the east of the country. Saviour Kasukuwere fled the country last month following a military crackdown against alleged “criminals” surrounding the former presidentRobert Mugabe. The state-run Manica Post reports in …

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Emmerson Mnangagwa vows to open Zimbabwe to investors

Zimbabwe‘s new President Emmerson Mnangagwa has vowed to introduce new policies to re-engage with the world community and attract foreign investment after decades of isolation under Robert Mugabe. In his first state of the nation address on Wednesday, Mnangagwa said his priorities were to revive the southern African nation’s ailing economy and …

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Rand Tumbles As South Africa Decides To Confiscate Land from White Farmers Without Compensation

ZeroHedge South Africa Rand Tumbles As South Africa Decides Confiscate Land from White Farmers Without Compensation Amid “near collapse,” South Africa’s ruling African National Congress gushed a double whammy of capital-flight-creating rulings this afternoon. The Rand is tumbling after the ANC agreed that land should be expropriated (from whites) without compensation, and perhaps …

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Zimbabwe Private Equity company Brainworks Capital founders George Manyere and Walter Kambwanji exit group

Brainworks founders George Manyere and Walter Kambwanji exit group Brainworks Capital founders George Manyere and Walter Kambwanji have sold their shareholding in the Johannesburg Stock Exchange listed company and have now acquired the company’s investment in Getbucks. According to an announcement from Brainworks, the company together with GetSure Life Assurance …

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Zimbabwe Government Meets Evicted White Farmers Who Left Country

Deputy Minister says growers should be given opportunities White farmers can particpate in specialized crops: Mukupe By Godfrey Marawanyika and Brian Latham (Bloomberg) —  Zimbabwean Deputy Finance Minister Terence Mukupe has met with white farmers who moved elsewhere after being evicted during the country’s often-violent land seizures. Mukupe, who was appointed to the role in new President Emmerson Mnangagwa’s government, …

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Zimbabwe citizens stash US$1 billion offshore

Locals stash US$1 billion offshore By Shame Makoshori, Senior Business Reporter FUNDS held by Zimbabweans in offshore banks rose to US$1 billion last year, having declined to US$300 million four years ago, following escalating political risk and uncertainty at home, Reserve Bank of Zimbabwe (RBZ) deputy governor, Kupukile Mlambo, has …

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