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Managing change in Zimbabwe
Zimbabwe needs fresh leadership for the Zimbabwe Economy to recover. Zimbabwe can be likened to a very poorly performing Company. And its CEO is non other than President Mugabe, and if the company is to have any chance of recovery its imperative that the CEO who led the company to its ruin must be “retired”. I have already written extensively about Zimbabwe’s Economic problems. In this article I seek to suggest ways to resolve the Economic decay. Even if Zimbabwe was to get a Finance Minister from planet Jupiter and RBZ Governor from the Outer Space Zimbabwe’s Economy would never recover as long as President Mugabe remains the CEO of Zimbabwe Inc.
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Interfin Bank to inherit CFX Bank ownership dispute PDF Print E-mail
Sunday, 29 November 2009

It is being widely reported that Interfin Bank have decided to go ahead and invest in the disputed CFX Bank Limited. In a recent article entitled "How Interfin got into bed with CFX" which appears at http://www.thestandard.co.zw/business/22311-how-interfin-got-into-bed-with-cfx.html it is clear CFX is suffering effects of being a disputed asset.In generall the market accepts my claim that CFX Bank was illegally and irreularly snatched from me.As result the market is trading cautiously with CFX Bank which has resulted in poor operational perfomance and poor share price performance.

 

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Gono owes Zimbabwe an explanation and apology PDF Print E-mail
Tuesday, 17 November 2009

Late last week it was widely reported that Reserve Bank of Zimbabwe Governor Gideon Gono has ordered the return of some of the confiscated banks to their original owners. This was both shocking and surprising given that no credible explanation was given for such a dramatic policy suamersault.

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Letter to Interfin Bank Directors on CFX Bank PDF Print E-mail
Wednesday, 04 November 2009

15th Floor, NSSA Building

Cnr Sam Nujoma St/Julius Nyerere Way

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Muponda in bid to Block CFX Bank Zimbabwe Takeover PDF Print E-mail
Friday, 23 October 2009

THE wrangle over the ownership of CFX Financial Services Ltd has taken a new twist with exiled businessman Gilbert Muponda seeking to block an extraordinary general meeting that can seal the takeover of the troubled financial institution by a Zambian bank. Muponda, through his lawyers Gutu & Chikowero Attorneys-at-law on Monday wrote to CFX company secretary Patricia Ndoro threatening to take legal action against the company if it proceeds with the shareholders meeting on November 12.

 

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KMAL Drama exposes ZSE double standards PDF Print E-mail
Thursday, 22 October 2009
ECONET Wireless was reported to have sold its shareholding in suspended and partially specified Kingdom Meikles Africa Limited (KMAL). In a statement , the company said it had sold its 24,537,480 shares in KMAL at $0,71 per share. The shares were sold to Loakcape Investments (PVT) Ltd a consortium of business people with diverse backgrounds. These are types of deals why the Zimbabwe Stock Exchange (ZSE) is variously described as a lawless jungle.
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