Index Investing News
Friday, June 5, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Factbox-Who is Emmerson Mnangagwa, Zimbabwe’s ‘Crocodile’ president? By Reuters

by Index Investing News
August 27, 2023
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: President of Zimbabwe Emmerson Dambudzo Mnangagwa addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 22, 2022. REUTERS/Mike Segar

HARARE (Reuters) – Zimbabwe’s elections commission late on Saturday declared incumbent Emmerson Mnangagwa the winner of this week’s presidential election, saying he had secured roughly 53% of the vote versus his main challenger’s 44% share.

Mnangagwa was expected to secure re-election for a second term as analysts said the contest was heavily skewed in favour of the ruling ZANU-PF party, in power for more than four decades.

Many Zimbabweans voting at this election were desperate for change after two decades of relentless economic chaos but sceptical that ZANU-PF would allow any loosening of its stranglehold on power.

HOW DID MNANGAGWA COME TO POWER?

80-year-old Mnangagwa took charge after a 2017 military coup toppled Zimbabwe’s longtime leader Robert Mugabe, who had been in power since independence in 1980.

Until their fall-out in the months leading up to the coup, Mnangagwa was one of Mugabe’s closest lieutenants and served in top government positions including vice president and minister of state security.

WHAT IS HE KNOWN FOR?

Mnangagwa is nicknamed “The Crocodile”, an animal famed in Zimbabwean lore for its stealth and ruthlessness.

He has been accused by opponents of being Mugabe’s political enforcer as the late ruler cracked down on dissent.

He was in charge of internal security in the mid-1980s when Mugabe deployed a North Korean-trained brigade against rebels loyal to his rival Joshua Nkomo.

Rights groups say 20,000 civilians, mostly from the Ndebele tribe, were killed in what has become known as the massacres of Gukurahundi, meaning “the early rain which washes away the chaff before the spring rains”.

Mnangagwa denies responsibility but as president engaged traditional leaders of communities affected by the massacres on matters including compensation, reconciliation and healing.

WHAT ARE HIS ECONOMIC VIEWS AND HAVE THEY WORKED?

Mnangagwa fashions himself as pro-business and, within months of coming to power, scrapped a local business ownership law championed by Mugabe.

The law, which required foreign-owned businesses including mines to sell majority stakes to locals, unsettled investors who held back investment.

However, the economic turnaround Mnangagwa promised when he took over has not materialised.

Zimbabweans still suffer from rampant inflation and sky-high unemployment as they did at the end of the Mugabe era, with many people dependent on dollar remittances from relatives abroad to make ends meet.



Source link

Tags: CrocodileEmmersonFactboxWhoMnangagwaPresidentReutersZimbabwes
ShareTweetShareShare
Previous Post

BTC Price To Hit Local Bottom Above This Key Support Area?

Next Post

Bob Barker’s Girlfriend Nancy Burnet Mourns Him: Tribute – Hollywood Life

Related Posts

Hot IPO or Hype?

Hot IPO or Hype?

by Index Investing News
June 4, 2026
0

Patterns play out in the stock market. All. The. Time. It’s something you have to know when considering whether the...

Old Dominion Freight Line (ODFL) Still Has a Service-and-Yield Story Beyond Freight Cycles

Old Dominion Freight Line (ODFL) Still Has a Service-and-Yield Story Beyond Freight Cycles

by Index Investing News
May 31, 2026
0

Why Old Dominion is more than a freight-cycle story Old Dominion Freight Line (ODFL) often gets treated like a simple...

New bull market in software stocks hinges on this report

New bull market in software stocks hinges on this report

by Index Investing News
May 27, 2026
0

Options traders are convinced the "SaaS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to Salesforce...

Three signs from APEC that the U.S., China remain far apart on trade

Three signs from APEC that the U.S., China remain far apart on trade

by Index Investing News
May 23, 2026
0

China's Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the APEC trade...

When Giant Companies Triple, You Need THIS Perspective

When Giant Companies Triple, You Need THIS Perspective

by Index Investing News
May 15, 2026
0

I know everybody is excited about the PDT rule change coming in June. It’s going to unshackle millions of accounts. That could...

Next Post
FIFA suspends Spain soccer president following World Cup kiss

FIFA suspends Spain soccer president following World Cup kiss

Angry oil industry sues U.S. over new Gulf auction rules meant to protect whale

Angry oil industry sues U.S. over new Gulf auction rules meant to protect whale

RECOMMENDED

Limoverse Gaining momentum: $LIMO Listing on Poloniex and Limoverse hosts World Biohack Summit | by The Capital Platform | The Capital Platform | May, 2023

Limoverse Gaining momentum: $LIMO Listing on Poloniex and Limoverse hosts World Biohack Summit | by The Capital Platform | The Capital Platform | May, 2023

May 18, 2023
Allegri: Juventus´ Scudetto dream is over

Allegri: Juventus´ Scudetto dream is over

April 4, 2022
What’s on TV This Week: ‘Dolly Parton’s Pet Gala’ and ‘Crime Nation’

What’s on TV This Week: ‘Dolly Parton’s Pet Gala’ and ‘Crime Nation’

February 19, 2024
Jake Sullivan assures Beijing that Kamala Harris would ‘responsibly handle’ relations

Jake Sullivan assures Beijing that Kamala Harris would ‘responsibly handle’ relations

August 30, 2024
Will Nvidia’s CEO Eat His Phrases?

Will Nvidia’s CEO Eat His Phrases?

March 17, 2025
Sherry Chris, A Real Estate Icon In ‘Pantone Pink,’ Broke The Mold

Sherry Chris, A Real Estate Icon In ‘Pantone Pink,’ Broke The Mold

April 27, 2023
Coinbase Named Official Companion of Canadian Soccer League

Coinbase Named Official Companion of Canadian Soccer League

October 24, 2024
Watch: Acclaimed Horror Short ‘Cruise’ – A Telemarketing Dark Satire

Watch: Acclaimed Horror Short ‘Cruise’ – A Telemarketing Dark Satire

February 17, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In