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Vol 67 No 3

Published 6th February 2026


Zimbabwe

Newsmakers: Zimbabwe’s rival oligarchs

A new split has emerged within President Emmerson Mnangagwa’s cabal, as his Presidential Investment Advisor, Paul Tungwarara, has openly clashed with ‘Queen Bee’ Kudakwashe Tagwirei. Tungwarara and Tagwirei are both exceptionally wealthy businessmen in the President’s inner circle. Tagwirei, believed to be one of the ruling party’s main benefactors, made millions through fraudulent energy deals and has interests across the economy, including in mining, agriculture and commerce. He recently joined the Zimbabwe African National Union – Patriotic Front (ZANU-PF) Central Committee, and it is widely speculated that he hopes to take over the top job from Mnangagwa.

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