These include the ‘fraudulent issuance of Treasury Bills' to Tagwirei which caused the collapse of the local currency; the privatisation of the People's Own Savings Bank with Virginia Mabhiza; and the ‘illegal and fraudulent sale of shares in Kuvimba Mining House' by Tagwirei in collusion with Finance Minister Mthuli Ncube Finance Permanent Secretary George Guvamatanga and former RBZ Governor and Mutapa Investment Fund CEO John Mangudya (AC Vol 65 No 15 Concerns multiply over Mnangagwa's secretive wealth fund)...
One source reported that President Emmerson Mnangagwa had fired the Permanent Secretary in the Ministry of Finance George Guvamatanga...
Permanent Secretary in this ministry is George Guvamatanga a business associate of Mnangagwa's twin sons Collins and Sean Mnangagwa who appears to have been living in some opulence since his 2018 appointment (AC Vol 64 No 19 Mnangagwa keeps it in the family)...
This helped cut the inflation rate not long after finance and economic development secretary George Guvamatanga accused Zimbabwe's businesses of 'greedflation' and imposing unjustified 'forward pricing' measures...
Ncube opened talks about the plan at the IMF's Spring meetings in Washington DC last month accompanied by his deputy Clemence Chiduwa central bank governor John Mangudya Debt Office director Andrew Bvumbe and Treasury secretary George Guvamatanga...
A team of technocrats led by the permanent secretary of finance George Guvamatanga is reviewing the transaction with Coven following the agreement with NOIC chaired by Mnangagwa acolyte Daniel Mackenzie-Ncube chairman for the ruling Zimbabwe African National Union-Patriotic Front (ZANU-PF) in Midlands province...
Finance Secretary George Guvamatanga told companies last month that the government was totally committed to the Zimbabwe dollar and wouldn't revert to using the US dollar or the South African rand as default currencies again...