Mnangagwa’s time as SADC Chairman has came to an end after an eventful year in which over 300 young Zimbabweans were locked up without trial.
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Key Events
SADC Day is commemorated on August 17 each year. It marks the day in 1992 when the Southern African Development Coordination Conference (SADCC) was officially transformed into the Southern African Development Community (SADC) through the signing of the SADC Declaration and Treaty by the Heads of State and Government in Windhoek, Namibia. This transformation gave the organization a legal character and expanded its mandate to promote economic integration, development, and cooperation among Southern African countries. SADC Day celebrates the regional cooperation and development goals of the community.
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1. CBZ Branch Manager Panganayi Muza was dismmed for stealing $100. The amunt was stolen from the ecocash system and he would at times take the money and leave IOU notes.
2. Majority of Zimbabweans prefer an NTA according to the NTA steering committee.
3. 75% have a negative view of where the country is going. 41.7 % prefer a 3 to five year NTA.
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BancABC says 82% of local transactions are in USD. The bank has $1.9 Billion in its loan book.
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Notes
According to a court document from May 16, 2024, Panganayi Muza was an appellant in a case against CBZ Bank LTD. The document states that the appeal was against a decision that had upheld his dismissal after he was found guilty of acts of misconduct.
A subsequent court filing from September 17, 2024, shows that Panganayi Muza continued to challenge his dismissal, making an application for condonation for the late noting of an appeal. The document notes that he had been before the court on “numerous occasions” to challenge his dismissal.
These court records indicate that Panganayi Muza, a manager at CBZ Bank, was indeed dismissed due to misconduct allegations, and that he has been involved in a legal battle to challenge that dismissal.
