A powerful group of politically connected oligarchs involved in illicit financial activities is currently targeting Zimbabwe’s Finance Permanent Secretary, Mr. George Guvamatanga.
These individuals, who thrived under the previous Robert Mugabe administration, are now facing heightened scrutiny due to Guvamatanga’s fiscal reforms.
Guvamatanga’s efforts to address corruption and financial mismanagement have made him a target for those wishing to maintain their lucrative but illegal operations. Under Mugabe’s regime, influential businessmen were known to misappropriate government funds without delivering services. Guvamatanga has been working to eradicate these corrupt practices in the new administration.
An anonymous cabinet minister, concerned about potential repercussions, revealed that prominent corporate leaders oppose Guvamatanga’s efforts to close financial loopholes. The minister highlighted that since Guvamatanga’s appointment, civil servants have received their salaries on time, and payments to contractors have been prompt, accelerating infrastructure projects nationwide.
Guvamatanga’s “crime,” according to the minister, is his prevention of money being siphoned from the national treasury. The minister also noted Guvamatanga’s success as a farmer and businessman, who started a dairy farm in Chivhu with just four cows a decade ago. His farm now has 2,800 cows, producing 27,000 liters of milk daily, worth $1.5 per liter, generating a monthly income of $40,500, or about $1.2 million.
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A Zanu PF Politburo member dismissed allegations that Guvamatanga owns property abroad, calling them unfounded. The Politburo member noted that the era of accumulating wealth without contributing to the economy is over and that dissatisfaction among top figures stems from the allocation of funds to those who produce results. The Presidium is pleased with Guvamatanga’s performance, which is why he remains in office.
The Politburo also mentioned that there is a coordinated effort to discredit Guvamatanga in the media. A report detailing the unscrupulous syndicate behind these attacks is being prepared for presentation to the Politburo.
Under Guvamatanga’s leadership, Zimbabwe has seen substantial progress over the past 44 years, including improved roads, new buildings, innovation hubs at state universities, air ambulances, high-end vehicles, solar boreholes, operational village business units, and new dams.
