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Al Jazeera bombshell: RBZ denies links to ‘gold mafia’, money laundering cartel

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HARARE – The Reserve Bank of Zimbabwe says it is concerned and disturbed by “sensationally wild, false and malicious’ media reports”, carried in snippets of an unscreened Al Jazeera documentary, produced by the network’s Investigative Unit.

In a statement, the RBZ said snippets of the documentary that were already circulating online were “purveying the impression that the bank is southern Africa’s laundromat or southern Africa’s laundry service for an alleged African gold mafia involved in illicit gold dealings, corruption and money laundering.”

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RBZ governor John Mangudya said the snippets cited a few boastful and name-dropping individuals, who neither work for nor represent the bank in any capacity, as sources of the allegations.

“The outrageous reports quote one of the cited individuals as boasting that he has diplomatic cover to ‘fly dirty cash into Zimbabwe where it can be laundered through gold and other investments,” Mangudya said.

“Another individual is reported to have asserted that ‘there is an opportunity, a hell of a big opportunity to wash money here [in Zimbabwe]’.”

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Mandudya said, yet another “self-serving” claim is that one individual bragged that his phone “is on speed dial” with the Bank’s Governor.

“These are all false and malicious allegations. It is unbelievable that such bizarre claims, allegedly made by private individuals who have no relationship with the Bank whatsoever, have been elevated to gospel truths and published with reckless abandon,” he charged,

“ It is particularly strange that the reports claim that ‘through the bank, government is using illicit ways as a scheme to bust international sanctions placed on political leaders and government entities.

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“The bank is not a sanctioned entity, and the cited individuals are not sanctioned persons either.

“There are no sanctions on Zimbabwean exports and imports, including trade in gold, to warrant Zimbabwe to ‘circumvent international sanctions’ through illicit trade in gold.

“As such, the claim that there is ‘a scheme to bust international sanctions using illicit ways’ shows beyond doubt that the peddlers of this narrative have a sinister agenda with nefarious objectives of tarnishing both the Bank and the Republic of Zimbabwe.”

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Mangudya said it is also disturbing that the “scurrilous allegations have largely been widely and recklessly reported by a well-known and outspoken social media activist, elements of the local media and Zimbabwean-linked digital media platforms, who are closer to home to take responsibility by independently verifying the damaging and unproven allegations before publishing or peddling them.”

He said it is disappointing and deplorable that Zimbabweans are at the forefront of spreading malicious falsehoods about the Bank and the country.

“Curiously, the leaked snippets of the unscreened documentary omit the bank’s responses to 32 questions Al Jazeera Investigative Unit posed to the bank in connection with the allegations,” Mangudya added.

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“In the spirit of transparency and social responsibility, the bank responded to all the 32 questions in detail on 27 February 2023 and the responses clearly show that the narrative, so far purveyed, is nothing but false.

“The bank is disappointed that either Al Jazeera Investigative Unit has not included the bank’s responses in the information they have leaked to or shared with their selected media houses and journalists, or the concerned journalists have elected to ignore the bank’s responses and only published the fake allegations in a malicious pursuit of a hidden agenda, unknown to the bank or Al Jazeera.

“ The bank reserves its rights to take appropriate legal action or initiate necessary sanctions against the interviewees and purveyors of the fake news to protect its fiduciary responsibilities in the national interests.”

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He said the public should dismiss the “false allegations with the contempt they deserve.

The bank remains confident that the truth cannot be hidden, and that the truth shall prevail.”

Al Jazeera has not yet responded to the RBZ governor’s remarks. – VOA

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National

Ranger killed by elephant in Kariba

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BY NOKUTHABA DLAMINI 

A 62-year-old ranger, Josphat Mandishara, was tragically killed by an elephant in Kariba yesterday.

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Mandishara, who worked for the Zimbabwe Parks and Wildlife Management Authority (ZimParks), was on patrol in the Gatche-gatche area with fellow rangers and police officers.

At around 10 pm, Mandishara returned to the harbor where their boat was docked, and that’s when he encountered the elephant. The elephant charged at him, causing fatal injuries. His colleagues were nearby, resupplying at the Gatche-gatche Irrigation Scheme.

Mandishara’s body was taken to Kariba District Hospital for a post-mortem, and the incident was reported to the police.

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ZimParks has sent a team to manage the problem elephant and prevent similar incidents in the future.

The Director General of ZimParks, Prof. Edson Gandiwa, and his team have sent condolences to Mandishara’s family, friends, and colleagues. Mandishara will be remembered for his dedication to wildlife conservation in Zimbabwe.

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ZIMRA customs officer appears in court for criminal abuse of office

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BY STAFF REPORTER 

A Zimbabwe Revenue Authority (ZIMRA) customs officer, Phillip Kuvenga, has been accused of criminal abuse of office for allegedly assisting in the importation of banned motor vehicles.

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Kuvenga, 28, who is stationed at Victoria Falls, allegedly received documents from clients, completed valuation sheets, and carried out the valuation process. However, he is accused of endorsing different chassis numbers to deceive his supervisors during the validation and approval process.

After obtaining approval, Kuvenga would capture the correct chassis numbers in the ASYCUDA World System. He would then alter or replace the documents submitted earlier to his supervisors.

The offense came to light when a motor vehicle that had not yet arrived in Zimbabwe was found to have been already registered. A thorough check by ZIMRA led to Kuvenga’s arrest.

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Kuvenga appeared in court on February 1, where he was denied bail by Magistrate Gift Manyka. He is expected to appear in court again today for another bail hearing.

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Retailers send Mnangagwa SOS as shops continue shutting down over operational woes

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BY ZIMLIVE

The Confederation of Zimbabwe Retailers (CZR) has implored President Emmerson Mnangagwa to intervene and save the sector which has seen various formal retail and wholesale businesses closing shop countrywide due to operational challenges.

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In a statement on Sunday, CZR president Denford Mutashu said the continued closure of formal retail and wholesale businesses is a direct consequence of the tough economic environment that has consistently failed to support formalised sector players who face stiff competition from informal businesses and vendors the majority of whom have no tax obligations to deal with.

Mutashu said his association was concerned that authorities continue to downplay the crisis.

“The recent closure of several outlets under the N. Richards Group, coupled with Spar Zimbabwe’s painful decision to shut down Queensdale Spar, Choppies Zimbabwe’s exit from the market, and Mahommed Mussa’s significant reduction of shop space by 60%, highlights the growing crisis.

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“As the representative association for these and other brands, CZR is alarmed that while formal businesses face enormous challenges, the authorities continue to present a different picture of the operating environment,” he said.

Given the situation, Mutashu said, only President Mnangagwa can rescue the troubled sector.

“CZR therefore calls for urgent intervention from His Excellency, President Emmerson Dambudzo Mnangagwa, to rescue what remains of the formalized retail and wholesale sector,” said Mutashu.

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He said the sector was in urgent need of rescue.

“While CZR acknowledges the continued support from the Ministry of Industry and Commerce, it is clear that the root causes of these challenges are fiscal and monetary in nature. These require urgent and decisive action to ensure the survival of formal businesses.

“CZR therefore appeals to the Presidium to prioritize interventions aimed at saving jobs and mitigating the ongoing wave of shop closures and retrenchments,” he said.

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