President Emmerson Mnangagwa is making big changes in Zimbabwe’s money system. He has been putting people he trusts into important jobs that control the country’s finances. This is making it easier for him to control the country’s economy. One of the key people he has put in place is John Muyashavanhu, who is now the governor of the Reserve Bank of Zimbabwe (RBZ). He is also working closely with George Guvamatanga, who is the permanent secretary of Finance, and his own son, David Kudakwashe, who is now the deputy minister of Finance. These appointments show how Mnangagwa is tightening his grip on the country’s money system.

Mnangagwa is not just putting people into important jobs. He is also making big moves with state companies and public assets. One of the most talked-about moves is how he is putting state companies and public assets into something called the Mutapa Investment Fund (MIF). Many people are not happy with this because Mnangagwa did not follow the law or the constitution to make it happen. This move gives him even more control over public money, and people are worried about whether the government is still being run fairly.

Mnangagwa is also making changes in the banking system. One big change involves CBZ Holdings, which is the biggest bank in Zimbabwe. He wants to merge CBZ with other big companies like ZB Financial Holdings and First Mutual Holdings Limited. This is a plan to create a very strong bank that can be important even in other countries. The person helping Mnangagwa with this is an American banker named Marc Holtzman, who used to be the chairperson of CBZ. Many people think this move could change Zimbabwe’s financial system in a big way. But it also shows how much Mnangagwa is involved in controlling the country’s money.

Not everyone is happy with these changes. Some people are worried that Mnangagwa is giving these important jobs to people because they are loyal to him, not because they are the best for the job. They say this is just like what the former president, Robert Mugabe, used to do. Mugabe also gave jobs to people who were loyal to him to keep his power. People fear that Mnangagwa is bringing back the same kind of government where only certain people get important jobs, and this can lead to problems between different ethnic groups. Some even think that Mnangagwa’s moves could make these problems worse, instead of helping the country move forward together.

Another example of Mnangagwa’s control is how he has been choosing who gets to be in his cabinet and in other government jobs. Many of the people he has chosen are from his own ethnic group or from his own region. This has made some people worried that the government is becoming too focused on one group, instead of being diverse and representing all Zimbabweans. People are now talking about “villagisation,” a term that means the government is being run in a way that focuses too much on one ethnic group. This is bad for the country because it can stop people from different backgrounds from working together.

In conclusion, Mnangagwa is making very careful moves to control Zimbabwe’s money and power. He has put people he trusts into key positions in the money system and has made big changes to how the country’s financial institutions work. While some of these changes could help the economy run better, many people are worried about what this means for Zimbabwe’s future. They are concerned about whether the government is being fair and whether it represents all the people of Zimbabwe, not just a few. Only time will tell what these changes will mean for the country, but it is clear that Mnangagwa is not afraid to take control of Zimbabwe’s finances to keep his power.