Wednesday, June 25, 2025
No Result
View All Result
News Report  Zimbabwe
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News
No Result
View All Result
News Report  Zimbabwe
No Result
View All Result
Home News

“He’s just a nasty, corrupt businessman playing games”, Eddie Cross blasts Wicknell Chivayo

March 23, 2024
0
“He’s just a nasty, corrupt businessman playing games”, Eddie Cross blasts Wicknell Chivayo

Former Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee member Eddie Cross has slammed at Wicknell Chivayo, saying he’s corrupt.

The economist said this in an interview with Heart and Soul TV that premiered on 21 March.

Cross was part of the RBZ Monetary Policy Committee until 2021, when he “resigned.” The central bank’s Monetary Policy Committee (MPC) ensures stability in the exchange rate and general price levels.

The interviewer asked Cross what he makes of controversial businessman Wicknell Chivayo, who has been on a roll dishing out luxury cars. Chivayo has been gifting Mercedes-Benz vehicles to musicians who have shown support or performed at ZANU-PF rallies and events. He has also thrown a few Toyota Aquas to comedians and bloggers pushing the ruling party on social media.

Doesn’t Employ Anyone”

Cross was scathingly critical of Chivayo’s public antics:

“Wicknell…Wicknell is just a nasty, corrupt businessman playing games. I don’t know where he makes his money. There is no visible sign.”

The economist then explained that there are many rich people in Zimbabwe who have no traceable wealth. He dug into how they make their wealth:

“There are lots of people in Zimbabwe with no visible signs of business activity, who don’t employ anybody but they are rich. Lots of them. And one of the big things is money trading.

“My daughter went to a dinner party the other day. Three or four luxury cars in the garage, swimming pool, lovely house, garden. They asked the owner of the house, the host, ‘What do you do?’ [He responded] a money changer. I’m a money dealer. Doesn’t employ anybody, doesn’t create anything, doesn’t make anything, but he’s a multi-millionaire.”

As part of the RBZ Monetary Policy Committee, Cross acknowledged that he could have contributed to plugging the rot. However, he admitted that he was fired because he was too outspoken.

Source iHarare

Tags: Eddie CrossRBZ Monetary Policy CommitteeWicknell Chivayo

Related Posts

Beitbridge Councillors Give Mayor the Boot Over Incompetence

Beitbridge Councillors Give Mayor the Boot Over Incompetence

by Nyathi
June 24, 2025
0

In a shocking turn of events, Beitbridge Councillors have suspended Mayor Peter Pirato Mafuta over allegations of incompetence, dereliction of...

Polyandrous Pandemonium: Woman Drags Husband to Court Over Lack of Financial Support

Polyandrous Pandemonium: Woman Drags Husband to Court Over Lack of Financial Support

by Nyathi
June 24, 2025
0

In a shocking turn of events, a Harare woman, Ms. Sekai Makanya, has taken one of her three husbands, Mr....

Iran Vows Retaliation After US Strikes on Nuclear Sites, Tensions Escalate

Iran Vows Retaliation After US Strikes on Nuclear Sites, Tensions Escalate

by Nyathi
June 23, 2025
0

Iran has strongly condemned the US-led airstrikes  on its nuclear facilities, vowing to take revenge for the attacks. The country's...

Romeo Rusare’s Fashion Faux Pas Lands Him in Jail

Romeo Rusare’s Fashion Faux Pas Lands Him in Jail

by Nyathi
June 23, 2025
0

  In a shocking turn of events, 28-year-old Romeo Rusare found himself on the wrong side of the law after...

Fire Destroys XGX Mall in Harare CBD

Fire Destroys XGX Mall in Harare CBD

by Nyathi
June 23, 2025
0

A devastating fire ripped through a busy shopping complex in Harare's CBD, gutting around 20 shops and causing significant losses....

Father Accidentally Runs Over and Kills 2-Year-Old Daughter in Bulawayo

Father Accidentally Runs Over and Kills 2-Year-Old Daughter in Bulawayo

by Nyathi
June 21, 2025
0

A heart-wrenching incident unfolded in Bulawayo's Kensington suburb when a father accidentally ran over his 2-year-old daughter while reversing his...

Please login to join discussion

Trending News Today

  • 77-Year Marriage Ends Over 60-Year-Old Secret

    77-Year Marriage Ends Over 60-Year-Old Secret

    83 shares
    Share 33 Tweet 21
  • Courtroom Exchange: Mai Jeremiah Questioned by Defense Lawyer

    292 shares
    Share 117 Tweet 73
  • ZRP Investigates “Vuzu” Party, Cracks Down on Car Thief

    68 shares
    Share 27 Tweet 17
  • Polyandrous Pandemonium: Woman Drags Husband to Court Over Lack of Financial Support

    65 shares
    Share 26 Tweet 16
  • Beitbridge Councillors Give Mayor the Boot Over Incompetence

    40 shares
    Share 16 Tweet 10
  • Pastor Dumi’s Holy Debt Drama

    96 shares
    Share 38 Tweet 24
  • Fire Destroys XGX Mall in Harare CBD

    124 shares
    Share 50 Tweet 31
  • Pit Bull Owner Denied Bail.

    22 shares
    Share 9 Tweet 6
  • Murder in Mvurwi: A Deadly Sadza Spat

    49 shares
    Share 20 Tweet 12
  • “Sekuru Malawi” Scams in Mbare

    212 shares
    Share 85 Tweet 53

Popular This Week

  • Courtroom Exchange: Mai Jeremiah Questioned by Defense Lawyer

    Courtroom Exchange: Mai Jeremiah Questioned by Defense Lawyer

    292 shares
    Share 117 Tweet 73
  • “Sekuru Malawi” Scams in Mbare

    212 shares
    Share 85 Tweet 53
  • Mnangagwa’s Track Record: A Warning to G40 Exiles

    172 shares
    Share 69 Tweet 43
  • Airtime Vendor’s Epic Lawsuit: US$40,000 for Unlawful Arrest (and Missing Daughter)

    127 shares
    Share 51 Tweet 32
  • Heartbreaking Taunts: Zimbabwean Mother and Babies Chased Away

    125 shares
    Share 50 Tweet 31
  • Prophet’s Defamation Dreams Dashed: Court Rules Against “Man of God”

    124 shares
    Share 50 Tweet 31
  • Fire Destroys XGX Mall in Harare CBD

    124 shares
    Share 50 Tweet 31
  • Pastor Dumi’s Holy Debt Drama

    96 shares
    Share 38 Tweet 24
  • The Billionaire Chronicles: Wicknell Chivayo’s Holiday from Drama

    153 shares
    Share 61 Tweet 38
  • 77-Year Marriage Ends Over 60-Year-Old Secret

    83 shares
    Share 33 Tweet 21

Popular This Month

  • How to Legally Avoid Paying the US$92 ZBC Radio Licence Fee in Zimbabwe

    How to Legally Avoid Paying the US$92 ZBC Radio Licence Fee in Zimbabwe

    631 shares
    Share 252 Tweet 158
  • Susan Mutami’s Desperate Plea To Temba Mliswa

    427 shares
    Share 171 Tweet 107
  • Bulawayo Police Bust Vuzu Party, Arrest 13 Youths

    335 shares
    Share 134 Tweet 84
  • Fatal Dog Attack Exposes Mike Mupinga’s Troubling Past

    293 shares
    Share 117 Tweet 73
  • Courtroom Exchange: Mai Jeremiah Questioned by Defense Lawyer

    292 shares
    Share 117 Tweet 73
  • Widow Caught in Bed With Lover a Week After Burying Husband

    269 shares
    Share 108 Tweet 67
  • Street Preacher’s Double Life Exposed

    261 shares
    Share 104 Tweet 65
  • Man Narrowly Escapes Becoming a Lion Snack

    249 shares
    Share 100 Tweet 62
  • The Whipping Girls of Limpopo

    246 shares
    Share 98 Tweet 62
  • The Pilot Who Flew Under the Radar for 20 Years

    235 shares
    Share 94 Tweet 59

Most Read Stories

  • “Zimbabwe Is Discrediting SADC”

    ZANU PF Accused Of Bribing SADC Elders To Retain From Losing Power

    5248 shares
    Share 2099 Tweet 1312
  • Madzibaba gets Toyota Aqua after explaining new currency ZiG to church

    4540 shares
    Share 1816 Tweet 1135
  • Breaking News: Zimbabwe launches New Currency (Zig)

    4281 shares
    Share 1712 Tweet 1070
  • Guide : How to access 2023 Zimsec Ordinary O Level results online

    3976 shares
    Share 1590 Tweet 994
  • Uganda Police Officer Shoots Wife Dead After Mocking Him Over Man-U Loss

    3900 shares
    Share 1560 Tweet 975
  • Floods hit Gweru

    3595 shares
    Share 1438 Tweet 899
  • Mashura pa Gokwe musi wa 12.02.24

    3546 shares
    Share 1418 Tweet 887
  • Secret message for ED after his inauguration

    3485 shares
    Share 1394 Tweet 871
  • Heatwave Warning:Expect Extremely hot temp ranging from 36° to 41° until 12 March

    3394 shares
    Share 1358 Tweet 849
  • Here is the reckless Kombi Driver!!!!!!!!!!! See pics here

    3222 shares
    Share 1289 Tweet 806

  • About Us
  • Contact Us
  • Privacy Policy
  • FAQ
  • Terms of Service
  • Home

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
No Result
View All Result
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News