by Staff Reporter
Shingi Munyeza, one of President Emmerson Mnangagwa’s advisors in the Presidential Advisory Committee (PAC), and former head of the Zimbabwean hotel chain, African Sun Limited, has hit hard times as he struggles to service huge debts.
Sources close to the Marketplace Apostle say Munyeza has been struggling to service his debt with, among others, Stanbic bank. The debt, according to sources, has resulted in him forfeiting his Borrowdale house to the bank.
“Dr Munyeza lost his Borrowdale house to Stanbic bank after he failed to service a loan he got from the financial institution. However, the bank was a bit lenient to him as it allowed him to continue staying in as a tenant. Imagine, he is now paying rent to the bank for a house he once owned.
“His business ventures have not been doing well lately. Creditors are haunting him daily. He is even struggling to raise the rent that the bank stipulated. He is in a kind of depression which explains why he is at almost everybody’s throat,” said the contact.
Another contact within PAC said that a meeting was convened by some PAC members with Munyeza to understand his sudden anti-government stance.
“Yes we sat down with him because we are equally shocked by his behaviour which is not expected of a Presidential advisor. He didn’t say much save to mention some financial problems he is currently facing. He believes the new administration has caused his misery. We will continue to talk to him, he is our brother and an asset in the PAC,” said the advisor who seem to be sympathetic to the former hotelier.
Ironically, PAC is Munyeza’s brainchild. Sources say this is the reason why he is not very keen to resign despite numerous calls for him to do so. Citizens are questioning why Munyeza is still serving a system that he views as evil.
“Munyeza did not initiate the idea of PAC in good faith. He thought he was going to financially benefit from it. When that failed, he became ballistic. It’s just frustration nothing else. He is making all that noise so that (President) Mnangagwa can silence him with a few dollars, which has not happened ,” said Andrew Mombe, a political analyst.
Munyeza has of late become a fierce critic of President Emmerson Mnangagwa’s administration. He has also turned his church pulpit into a platform to attack Government.
An MDC insider said his party denied Munyeza accommodation in that party, as there is consensus that he is not a convincing believer of the movement. Munyeza has, however, got so excited by Saviour Kasukuwere’s hint of coming back to Zimbabwe to further his presidential bid.
“Dear @Hon Kasukuwere, l’m intrigued by your damascene moment. Situation back home has gone from bad to worse…,” tweeted Munyeza in response to Kasukuwere’s tweet in which he indicated that he would come “to join hands with fellow countrymen to develop Zimbabwe.”
Time will tell, if Munyeza will join hands with Kasukuwere, in their purported plans to transform Zimbabwe.