WATCH LIVE as Gambakwe looks at the declaration by war veterans that they want Chiwenga to take over from Mnangagwa. War Veteran leader, Ethan Mathibela said those who want to extend Mnangagwa’s tenure through de-harmonisation or postponement of the elections are doing so for their selfish reasons.
War veterans have rejected calla for Mnangagwa to extend his term and said they are now looking for the next person to take over from Mnangagwa.
Please watch the video above this post for more details.
Key events for today
– Grace Mugabe has taken the Mazowe Rural District Council to court to stop the building of Mzowe land on her Smithfield farm. Gateway Construction is building the Mazowe mall on behalf of Eagle Fun. The mall is financed by ZIMRE Capital.
– SADC industrialisation week starts today. SADC has failed to advertise any of the events taking place at the SADC industrialisation week.
– Caxton Mangezi has retired from Blanket Mine after over 55 years of service. mangezi worked at Blanket Mine since 1969 and was appointed General Manager for Zimbabwe operations in 1993. Blanket Mine is a Gold producer employing over 2000 people. Mangezi will continue as a consultant.
Zimbabwe Attorney General Virginia Mabhiza issues shocking statement on the arrested baby. The statement is riddled with errors and appears to have been hurriedly prepared and not checked.
Freedom Murechu says Mnangagwa should continue to 2030.
Topics
ABSA top 200 leadership vote of no confidence in CEO Arrie Rautenbach
Absa top 250 leadership meeting at Houghton hotel was held on the 25th of July.
The meeting was called by the CEO Arrie Rautenbach who wanted to get support from the bank’s top executives.
The meeting of the ABSA leadership is reported to have passed a vote of no confidence in RautenBach over lack of transformation, Poor Governance and HR blunders.
The Leaders demanded a new CEO, while other demanded a Black African CEO.
The crisis comes over the payment of US Citizen: Cowyk Fox (CEO -Everyday Banking whose unit’s profits declined by 17%) for work done while he was resident in the US, which violates US tax laws when he became a US Citizen in June 2022. ABSA is not a registered employer with the US IRS. Rautenbach and Fox are close friends.
– The latest saga comes after failed attempts by Rautebach’s failed attempt to demote CEO: Africa Operations Saviour Chibiya whose unit’s operations increased by 27%.
Entertainment headlines
Yung Gemini slams Noluntu J and Natasha Muz as irrelevant and lacking any value in Zimbabwe music industry.
Yung Gemini will be featuring at the Shoko Festival in September
Pfadzani Exodus has accused Londie London ( Londiwe Zulu) of making off with thousands worth of designer clothes without paying. Of the R17 000 worth of clothes, Londie sent her an ewallet of R3000. Pfadzani also says Londi lost a package worth R8500.
Pfadzani sayd Londie, who also owns a designer label called Fly Girl, came to her botique in Randburg and asked her to give her three clothing items to see to her own clients.
Conclusions
1. Mnangagwa removal is imminent
2. War veterans to play a key role in Mnangagwa’s removal
