ZIMBABWE – HARARE – An sms from Gideon Gono to Phillip Chiyangwa has revealed that the one-time high flying central bank governor has hit hard times.
The sms from Gono appeals for US$20000 from the flamboyant business tycoon. The sms has been leaked to the press from Chiyangwa, a loud-mouthed business mogul, who seems to be celebrating the fall of his erstwhile colleague.
Chiyangwa loves flaunting himself as one of the few remaining businessmen in Harare who still has his wealth intact.
The sms says: “Fidza, can you help with 20 000, payable in two weeks. Gideon.”
The sms reveal the dramatic fall of Gono, who used to print money, lots and lots of money that was worth next to nothing. He would then go to the black market to buy forex.
Now all those priviledges are gone after the new Finance minister Tendai Biti ring fenced him to monetary policy issues and dollarised the economy, stopping the reckless minting of cash.
The sms appeal reveal the dire state of the central bank governor’s finances.
Depending on whom you talk to, the architect of Zimbabwe’s hyperinflation is a megalomaniac, a workaholic, or a thief.
He makes no apologies for his furious money-printing, as the country, mired in disease and hunger, inflation beyond calculation and political crisis, kept on spiraling downward. Extraordinary situations call for extraordinary measures, he used to say.
“Apera, apera,” Chiyangwa, said as he showed a reporter the sms. “Avakukumbira cash can you imagine,” he added.
The 49-year-old former tea boy, target of Western economic sanctions and confidant of President Robert Mugabe has made more enemies in Zanu-PF party than any other senior member. And some people think he may be its weak link.
But for now, he has been trimmed to size and the attempt to borrow cash from Chiyangwa is revelation that the governor has hit rock bottom.
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This is another stunt. This must be investigated as a possible bribe. Quid pro quo. We just need to find the favours of which this is the return. Chiyangwa is not a registered usuer or moneylender. We are not fooled.
Comment by chris — September 8, 2009 @ 3:13 am
but why cant he go to his bro ‘gono liner’
Comment by wenceslous — September 8, 2009 @ 7:29 am
Just because one borrows 20 00 USD does not suggest they are broke. Where can a broke man find money to repay 20 000 USD in one week? How did you confirm that the sms was from Gideon? Gideon is richer than Chiyangwa and that is a fact. He may have got his money through fraud and corruption but he surely knows how to invest his money.
Comment by Manyepo — September 8, 2009 @ 8:32 am
ko iwe chiyangwa hauna here vacancy yehu teaboy, chikomana gono chinogona kukubikira hobvu chaiyo asi chenjera kubirwa masamba ne sugar imbavha iyo…………chikwereti ngaatange adzosa first
Comment by mannox — September 8, 2009 @ 9:11 am
GONO APERA
Comment by SHANTY — September 8, 2009 @ 11:18 am
Shiri yakangwara inovaka dendere rayo neminhenga ye dzimwe shiri my friend. I think the economists may summarise it as being mismatch of liquid assets and liabilities only. This is short term ( Iam not an economist or a banker) How can you say munhu ane many good assets apera.
Comment by Mkandla — September 8, 2009 @ 11:27 am
NGAADZOKERE KUNOBIKA TEA MUMAHOFISI. FINANCE MINISTER, TENDAI BITI AND PRIME MINISTER TSANGIRAI (SHUMBA YEMUZIMBABWE)NEED AN EXPERIENCED TEA BOY TO SERVE THEM AS THEY INTELLIGENTLY BRING ZIMBABWE BACK TO SANITY!
Comment by GURUVA — September 8, 2009 @ 12:43 pm
The text is clear, the money was to be paid back in two weeks- it was not free cash. This may suggest that the borrower might have been experiancing some cash flow problems at that time. This happens to all of us and some bnesses too and it does not imply that the borrower nolonger has any wealth. So to those who are already celebrating the imaginary down fall of the so called" Mr Money", I suggest you wait for the next 100 years.
Comment by Elder — September 8, 2009 @ 9:37 pm
Only a dumb character would believe Gono is broke. That is how you are taken for a ride by ZanuPF chefs coz some of you reporters are idiots. The SMS is mere STUNT to fool some of you.Gono is richer than the Zim economy. He has been milking the RBZ and CBZ for a long long time.
Comment by Zuze — September 9, 2009 @ 6:08 am
Hey come on. He could easily borrow this from CBZ which is offering up to USD25,000 loans to individuals. He wouldn’t be that stupid and silly to borrow from Philip. In any case Gono is far much more worth above that amount anyway.
Comment by Richie — September 9, 2009 @ 8:16 am
Ikowo kukwereta mari kunana Fidza chiona manje waakufumurwa kuti wapera wapera.
Comment by mai Tee — September 9, 2009 @ 8:48 am
Gentlemen GONO is not broke i personally have seen his townhouses in santon at least 12 of them.He sales flowers overseas that are grown at his house in boorowdale brooke that falls into a farm with a Dam that he goes fishing after dealing with biti.his children have expensive cars and are staying in there fathers property overseas.You now tell me is that being broke?or he was just trying to cash for one of his girlfriends..
Comment by gee — September 9, 2009 @ 9:32 am
Gono is rich, don,t fool us yu reporters. if know him closer u wouldn,t say a word. he is richer than the zimeconomy i agree. mari yaakalooter from the crises is too much. the economy haina kukaruka yavapoor, the wealth’s direction, only gono knows
Comment by Frank — September 9, 2009 @ 4:16 pm
ZITSOTSI. WHO IS HE TRYING TO FOOL? SO PHILLIP WANTS US TO BELIEVE KUTI GIDHIYONI AKANGA ASINA EVEN AIRTIME YEKUFONESA? WHY WOULD HE SEND A TEXT MESSAGE ASINGAFONE? ASI AIVE NE HURE? IT’S A COOKED UP STORY.
Comment by COOL DEE — September 9, 2009 @ 4:36 pm
Aiwaba pasimbi Fidza mufana kuna Gono. Gono anetwunhu twake. Fidza arikudakusimudza profile yake. Possibly they clashed on a girl in Chitungwiza. Fidza is loosing grip on the Chi-town girl to Gono
Comment by Tawa — September 9, 2009 @ 8:08 pm
Makuhwa ake Firipi. It’s
Fidza whose broke and can’t meet his own 2010 targets!
Comment by diesel chireyi — September 10, 2009 @ 5:40 am
haa publicity stunt,this text could be a haux as well. Neva trust these Zanu guys even one tym!
Comment by tinapat — September 10, 2009 @ 8:43 am
Ngaatengese purazi one anoita bho. babe rake rakamutiza wani rikaenda kuna Chombo!
Comment by cmakowe — September 10, 2009 @ 9:17 am
The issue is Gono is burst,hes the Central Bank Governor and should know about liquidity management principles.
Let Phil laugh and those who hate keep hating thats just the way it is.
Let people not compare the moguls net worths becuase ,most of you do not even know 20% of their assets and investment portfolios
Comment by xxxxxxx — September 12, 2009 @ 5:18 pm
Guys please don’t waste your time thinking Chiyangwa is richer than Gono. Who on this earth hasn’t borrowed money. Kana Fidza waita tomari twako wakufunga kuti wakapenga. Even sekuru vako nehubharanzi havasvike pana Gono wacho. Iwe how can you compare a person who prints the money to a person who waits for is uncle. Uncle wake vanomupa mari vanotopihwawo naGono wacho. Asatambe naGono wangu.
Comment by Anonymous — December 24, 2009 @ 2:39 pm
Guys so you think Chiyangwa has more money than Gono. Don’t fool yourselfs guys, raChiyangwa idzungu chete ndekuda kuzikanwa kuti ndine mari. Madhara ane mari chaiyo havatodi kuti yavo izikanwe. Bob anopa Chiyangwa mari wacho, anotomirira Gono wacho.
Comment by munhu — December 24, 2009 @ 2:43 pm