By Christopher Mutsvangwa
The whole gold hullabaloo about illicit gold is plain codswallop and balderdash. The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearly miffed and terribly disappointed that Zimbabwe has reverted to and resurrected gold as the reference anchor of the United States Dollar.
For years, hyperinflation has been the bane and bugbear of the besieged Zimbabwe economy. The Ango-Saxon world and its European kith and kin launched a concerted economic attack. The goal being to force Zimbabwe to its heel so it could cry ‘Uncle‘. The fiat US dollar as the infant global currency of new baby America was deployed to mercilessly decimate the Zimdollar fiat money inherited from colonial Rhodesia. The desperate currency scenario called for creative innovation.
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Political analyst Dr Phillan Zamchiya says Zimbabweans should be told the realities shaping debate on Constitutional Amendment Bill No. 3, while reminding CCC MPs that a court order still blocks further Tshabangu recalls.
The sudden departures of CEOs at NRZ and Mutapa Gold Resources have drawn attention to governance, executive tenure and shareholder influence within companies overseen by the Mutapa Investment Fund.
Debate on Zimbabwe's Constitutional Amendment Bill No. 3 was cut short after legislators cited security concerns and reports of threats against MPs. The development came as Parliament received a report claiming overwhelming public backing for the controversial reforms.
Ukraine launched a major drone strike on St Petersburg hours before Russia's flagship economic forum opened, targeting oil and naval facilities near the city. The Kremlin has vowed a response.
