{"id":14365,"date":"2019-10-02T20:59:58","date_gmt":"2019-10-02T18:59:58","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=14365"},"modified":"2019-10-02T20:59:58","modified_gmt":"2019-10-02T18:59:58","slug":"ed-rails-against-economic-saboteurs","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/ed-rails-against-economic-saboteurs","title":{"rendered":"ED rails against \u2018economic saboteurs\u2019"},"content":{"rendered":"

PRESIDENT Emmerson Mnangagwa<\/a> yesterday described reports of alleged exchange rate manipulation, which also involved his top ally Kudakwashe Tagwireyi, as acts of economic sabotage, which must not be tolerated in the country.<\/span><\/p>\n

Mnangagwa said this in Parliament to Zanu PF legislators after their MDC counterparts had walked out on him, and during his delivery of the State of the Nation Address, which coincided with the official opening of the Second Session of the Ninth Parliament.<\/p>\n

The central bank recently froze accounts belonging to Tagwireyi\u2019s Sakunda Holdings and its sister companies, Access Finance as well as Spartan Security and Croco Motors, among others to allow for investigations by RBZ\u2019s Financial Intelligence Unit over allegations of illicit financial deals.<\/p>\n

\u201cI am encouraged by the nation\u2019s positive response to the currency reforms which we have embarked on, and government is equally-pleased with the relative stability of the exchange rate over the past eight weeks,\u201d Mnangagwa said.<\/p>\n

\u201cHowever, last week\u2019s events of exchange rate manipulation, amounts to economic sabotage and should not be tolerated. We all need to adhere to the rule of law and foster discipline at all levels.\u201d<\/p>\n

Mnangagwa said he was aware that Zimbabweans were suffering due to the economic problems bedevilling the country and those caused by the government\u2019s austerity measures.<\/p>\n

But he claimed that the suffering will come to pass as he had inherited an already bleeding economy which was going to take time to sort out.<\/p>\n

\u201cGovernment is fully aware of the challenges faced by the public in accessing<\/p>\n","protected":false},"excerpt":{"rendered":"

PRESIDENT Emmerson Mnangagwa yesterday described reports of alleged exchange rate manipulation, which also involved his top ally Kudakwashe Tagwireyi, as acts of economic sabotage, which must not be tolerated in the country. Mnangagwa said this in Parliament to Zanu PF legislators after their MDC counterparts had walked out on him, and during his delivery of […]<\/p>\n","protected":false},"author":84,"featured_media":8605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[38,34,653],"class_list":{"0":"post-14365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-zanu-pf","10":"tag-emmerson-mnangagwa","11":"tag-rbz"},"yoast_head":"\nED rails against \u2018economic saboteurs\u2019 - zimbabwe<\/title>\n<meta name=\"description\" content=\"PRESIDENT Emmerson Mnangagwa yesterday described reports of alleged exchange rate manipulation, which also involved his top ally Kudakwashe Tagwireyi\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/ed-rails-against-economic-saboteurs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ED rails against \u2018economic saboteurs\u2019\" \/>\n<meta property=\"og:description\" content=\"PRESIDENT Emmerson Mnangagwa yesterday described reports of alleged exchange rate manipulation, which also involved his top ally Kudakwashe Tagwireyi\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/ed-rails-against-economic-saboteurs\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-02T18:59:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/2019\/05\/Mnangagwa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/ed-rails-against-economic-saboteurs\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/ed-rails-against-economic-saboteurs\",\"name\":\"ED rails against \u2018economic saboteurs\u2019 - 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