Tuesday, June 16, 2026
Home Politics BREAKING: Mnangagwa To Extend His Term By 7 Years

BREAKING: Mnangagwa To Extend His Term By 7 Years

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WATCH LIVE: Gambakwe breaks down Saviour Kasukuwere’s latest interview with Dhara B.

Kasukuwere’s key points:

  • Constitution Amendment Bill No. 3 undermines the law and the 2013 Constitution.

  • Changing presidential term limits requires a national referendum and cannot apply to the current president.

  • The push to extend term limits is driven by a desire to protect corruption and stolen wealth.

  • It’s meant to block other leaders and concentrate power in a costly dictatorship.

  • Current leaders care more about political survival than jobs or infrastructure.

  • ZANU-PF’s internal democracy is being used for personal, not party, interests.

  • Letting Parliament elect the president would encourage bribery and take away citizens’ voting rights.

  • These moves are creating dangerous splits among war veterans and within the ruling party.

Denials & clarifications:

  • Kasukuwere denies pointing out activists to Zvigananda (Knox Chivero).

  • Knox must prove he’s actually talking to ED.

  • Geza spoke clearly about national issues.


Key events today:

  • US unemployment claims report

  • Zimbabwe International Trade Fair (ZITF) 2026, Bulawayo (April 20–25). Theme: “Connected Economies, Competitive Industries.”

    • Business days: April 20–22

    • Public days: April 24–25

    • Official opening: April 23, with President Duma Gideon Boko of Botswana as Guest of Honour.


Top trending news:

  • Chief Charumbira clarified that Chief Mapungwana died naturally after a short illness—no foul play. He received proper medical care. Charumbira asks the public to stop false rumors and respect the deceased.

  • New Zimbabwe leaders will build systems and unite Zimbabweans, says Nyengeterai Fungulani. (Watch at 33:20)


Business:

1. Cross-border remittances & Capitec growth:

  • Capitec expanded remittance service from 7 to 26 markets in under a year, now reaching Bangladesh, Pakistan, UK, Zimbabwe, Malawi, Lesotho, Botswana, and East Africa.

  • Targeting SA’s township informal economy and immigrant small business owners.

  • Business banking customers up 71% (over 450,000); advances up 30% to R30.4bn.

  • Record profit: R16.8bn (up 23%), 31% return on equity. Now SA’s largest retail and digital bank with 26 million clients (15 million on app).

  • Insurance covers 16 million lives (sum assured >R500bn); contributes 27% of earnings.

  • Earnings breakdown: Personal banking 41%, Insurance 27%, Fintech 26%, Business banking 5%, Avafin 1%.

2. Jetour T2 (600k–700k) takes on big-name SUVs.


Africa:

  • Ramaphosa opens Senqu Bridge in Lesotho. Construction started 2022, employed over 1,200 people. Part of the Lesotho Highlands Water project.

  • Colleen Zamba refuses to appear before Malawi’s parliamentary committee investigating the Armylis Hotel purchase.

    • Arrested Dec 2025 at Kamuzu International Airport trying to fly to Switzerland.

    • Arrested again Feb 2026, charged with former ministers over K200bn “East Bridge” fertiliser and produce scandal.

    • Granted bail Feb 2024 (K2 million cash bond, surrendered travel documents).

    • Currently outside Malawi, left for medical treatment abroad.

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