And Mangudya Reserve Bank governor since 2014 is accused of running it as a black box allocating foreign exchange at favourable rates to regime-linked businessmen such as Kudakwashe Tagwirei...
Africa Confidential here reveals how Chipango and another financial proxy for Zimbabwe African National Union-Patriotic Front (ZANU-PF) leaders Kudakwashe Tagwirei keep popping up in multi-million dollar mining deals involving the military...
The scheme was run by Sakunda Holdings owned by Kudakwashe Tagwirei reportedly a former business partner of Simba's brother Derrick Chikore in the Dema diesel plant project (AC Vol 58 No 4 ZANU-PF digs for votes)...
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The state shares are held by a number of parastatals and government companies among them Datvest Nominees an asset management division of the Commercial Bank of Zimbabwe (CBZ) which is allegedly owned by the economic kingpin of Zimbabwe's dodgy deals Kudakwashe Tagwirei (AC Vol 63 No 7 Sanctioned mogul adds steel to portfolio)...
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But there is no sign yet of moves against the big fish in the world of cartels including the most controversial of all: Kudakwashe Tagwirei whose political connections have allowed him to gain control of a vast business empire encompassing major stakes in fuel imports banking and mining (AC Vol 62 No 3 Tagwirei's hold on gold)...
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This reflected wider concerns about the opacity of the Mnangagwa government and its commercial associates such as Kudakwashe Tagwirei...
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It's an apt name for a shell company used by sanctioned tycoon Kudakwashe Tagwirei to hide a 35% shareholding in Kuvimba Mining House the public-private partnership snapping up many of Zimbabwe's most important mining concessions...
Inside Kuda's circle Kudakwashe Tagwirei (54%) and his wife Sandra Mpunga (46%) are the co-owners of Sakunda Holdings and co-directors of Pfimbi Resources in Zimbabwe...
The majority stake in CBZ is owned by Kudakwashe Tagwirei ZANU-PF's favourite business mogul who has extensive interests in fuel mining and transport and is known as 'Queen Bee' for his cosy links to the ruling party (AC Vol 62 No 3 Tagwirei's hold on gold)...
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Behind the opaque corporate structures set up by local mogul Kudakwashe Tagwirei there is evidence that officials have used state resources to sponsor his network of over 40 companies in oil mining banking logistics transport and trade...
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Zimbabwe's most controversial businessman Kudakwashe Tagwirei has shut down his fuel company Sakunda Holdings which was put under United States sanctions in August last year for having 'harmed the Zimbabwean people through corruption'...
If seen through the arrangement would end the long-standing control of the fuel market by Kudakwashe Tagwirei a businessman long close to major commodities trader Trafigura and under United States sanctions for alleged corruption since last year (AC Vol 62 No 3 Tagwirei's hold on gold)...
