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Zimbabwe Economic Empowerment and Indeginization policy Blueprint & the middle class 2 of 5

Permanent sovereignty over natural resources from an empowerment context.
At the centre of the Zimbabwe Economic Empowerment and Indeginization policy Blueprint & the middle class is the need to ensure an equitable distribution of wealth and natural resources.
This is generally a very tense and at times very controversial topic and area.Whilst the concept maybe noble it [...]

Zimbabwe Economic Empowerment and Indeginization policy Blueprint & the middle class 1 of 5

Since gaining political Independence in April 1980 Zimbabwe has struggled for local ownership of capital plus financial and economic Independence with several Government programs and initiatives hitting various challenges which have left no clear Blueprint on what and how has to be done to achieve broad based empowerment that will also help the country [...]

Fraud by Raymond Njanike,Farai Rwodzi & Interfin Bank against ENG Capital cant go undocumented – 3 of 5

Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation actions on Century/CFX Bank leaves a lot to be desired especially given how they have tried to conceal Interfin’s illegal and corrupt take over of Century/CFX Bank.In any business it is normal to make a mistake in terms of judgement [...]

Fraud by Raymond Njanike,Farai Rwodzi & Interfin Bank against ENG Capital cant go undocumented – 2 of 5

According to recent press reports Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation had managed to to mislead regulatory Authorities such as the Reserve Bank and Ministry of Finance to approve their fraudulent take over of Century/CFX Bank.This fraudulent transaction is still being challenged in court under high [...]

Fraud by Raymond Njanike,Farai Rwodzi & Interfin Bank against ENG Capital cant go undocumented - 1 of 5

The Herald Newspaper this week reported that Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation had managed to to mislead regulatory Authorities such as the Reserve Bank and Ministry of Finance to approve their fraudulent take over of Century/CFX Bank.This fraudulent transaction is still being challenged in court [...]

The Zimbabwe Privatization program must be in line with the Empowerment Vision

The Zimbabwe government introduced a law early this year saying 51% of firms worth over $500 000 should be owned by black Zimbabweans but accepted that most sectors, especially the capital-intensive mining industry, will take time to get there.
On the other hand its reported that Zimbabwe has sold 54% or 60 % maybe 64% of [...]

Zimbabwe Diamonds -the Lessons of Jerusalem

On 5 November I spoke to BBC WORLD SERVICE AFRICA about Zimbabwe’s effort to have the Diamonds certified by the Kimberly Process. Zimbabwe’s main challenge is to prove that the diamonds are properly mined and the proceeds are not being used to fund repression or being stashed in Swiss Bank accounts. Whilst the Minister of [...]

Zimbabwe Diamonds - The AAG on the right path

After carefully studying the AAG position paper at KP conference it is clear that the Affirmative Action Group has some extremely valid points about the on going debate on Zimbabwe’s diamonds.
Whilst the AGG is known to be radical and extremist in this case one can not simply ignore the facts they raise about the need [...]

ENG Capital v Interfin Bank & Farai Rwodzi – case study of things to avoid 1of 5

When Interfin Bank Zimbabwe completed its illegal, irregular ,fraudulent and corrupt take over of ENG Capital’s subsidiary Century/CFX Bank it is clear Farai Rwodzi was aware of the implications when he said “We saw potential where everyone else saw risk,” Farai Rwodzi, Interfin chairman, said just before trades opened. “Today the deal is done. [...]

ENG Capital vs Farai Rwodzi & Interfin Bank Zimbabwe Dispute unpacked (Part 10 of 10)

Interfin Bank and its Directors led by Farai Rwodzi are guilty of cozening customers and investing public into buying worthless Interfin Holdings shares .Interfin owes me and ENG Capital US 15.4 million for the 309 million shares fraudulently converted from Century Bank into CFX Bank then Interfin Banking Corporation. And interfin is failing to pay [...]

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