US-sanctioned Zimbabwean billionaire Kudakwashe Tagwirei has been sworn in as a senator
Sakunda founder Kudakwashe Tagwirei took his oath on Tuesday, appointed by a president who sits alongside him on the same US sanctions list.
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Sakunda founder Kudakwashe Tagwirei took his oath on Tuesday, appointed by a president who sits alongside him on the same US sanctions list.
Emmerson Mnangagwa has appointed Kudakwashe Tagwirei, a tycoon under US and UK sanctions, to Zimbabwe's Senate under a constitutional amendment.
Kudakwashe Tagwirei gifted his son $17.5 million in cash and prime land at a $20 million wedding attended by Zimbabwe's president, exposing the architecture of elite wealth accumulation in one of Africa's most impoverished economies.
Kudakwashe Tagwirei and his wife Sandra have pledged $1 million through their Bridging Gaps Foundation to fund emergency repatriation of 20,000 Zimbabweans from South Africa.
Retired Zimbabwean generals have warned President Mnangagwa against a third term bid and named billionaire Kudakwashe Tagwirei as the alleged source of a $31 million fund to bribe MPs.
Leaked financial records partially support claims that Zanu PF held a hidden 45 percent stake in Kudakwashe Tagwirei's Sakunda Holdings.
Kudakwashe Tagwirei pledged $350,000 to rehabilitate Zimbabwe's main psychiatric hospital at a Bulawayo fundraising drive that raised over $2 million.
Sanctioned tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old car at a Harare auction, then donated it back.
Zimbabwean businessman Kudakwashe Tagwirei adds a $100,000 donation for former players after committing $2.5 million to Dynamos FC.
Zimbabwean billionaire Kudakwashe Tagwirei invests $2.5 million in Dynamos FC, supporting player salaries, operations, and CAF Cup ambitions.
A leaked dossier naming Wicknell Chivayo and Kudakwashe Tagwirei has ignited calls for a forensic audit into alleged $3.2 billion state looting.
Kudakwashe Tagwirei, a sanctioned Zimbabwean tycoon and ZANU-PF benefactor, reportedly spent US$2 million on President Mnangagwa’s birthday festivities.
GDI is 50-percent owned by Landela Mining Venture, a subsidiary of Sotic International Ltd., linked to Kudakwashe Tagwireyi.
In August 2020, Tagwirei was sanctioned by the U.S. for harming the Zimbabwean people through extraordinary corruption.
CBZ Bank had earlier bagged a deal that would see it pocket $20 for every e-passport application in Zimbabwe.
The post-merger entity to be created through the acquisition will rival Old Mutual Zimbabwe.