ED clips Mthuli’s wings

PRESIDENT Emmerson Mnangagwa has clipped Finance minister Mthuli Ncube’s wings by removing the Zimbabwe Investment Development Agency  (ZIDA) Act from his ministry.

This comes amid fears that Mnangagwa is planning to move ZIDA to his office as part of efforts to consolidate power and ensure he has total control of the country’s key economic pillars. The President, using his special Presidential powers, recently created the controversial Mutapa Investment Fund which houses over 20 State enterprises and insulated it against public scrutiny.

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