Chinamasa lashes out after his son was accused of smuggling $7 million


FINANCE minister, Patrick Chinamasa has dismissed social media reports that his son, Tino was arrested while trying to smuggle $7 million through Beitbridge Border Post on Sunday.

Chinamasa said the rumours and claims were “false, evil, malicious and highly mischievous.”

“This onslaught on my character and reputation will not deter or intimidate us from pursuing economic reforms within the context of ZimAsset,” he said in a statement.

“I am actually emboldened to accelerate implementation of our reform agenda in order to turnaround the fortunes of our economy.”

Chinamasa said government supported measures by the Reserve Bank of Zimbabwe aimed at stimulating production, generating exports, reducing the import bill and containing externalisation of foreign currency.

He said government was consulting Afreximbank, International Monetary Fund, AfDB and the World Bank to explore mechanisms that could be put in place to ensure there was no abuse in the issuance of bond notes and that they were issued relative to the quantum of exports generated in the economy.


P-Chinamasa“The RBZ governor is available to engage any group to fully explain the measures and how they will help address the cash crisis and stimulate economic activities for the benefit of Zimbabwe and its people,” Chinamasa said.

“I urge journalists and other users of social media to report responsibly and avoid peddling falsehoods

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