{"id":19254,"date":"2026-01-12T17:47:13","date_gmt":"2026-01-12T17:47:13","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/19254\/"},"modified":"2026-01-12T17:47:13","modified_gmt":"2026-01-12T17:47:13","slug":"i-have-seen-the-light-says-economist-mugano-as-he-dumps-opposition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/19254\/","title":{"rendered":"I have seen the light – says economist Mugano as he dumps opposition\u00a0"},"content":{"rendered":"

ECONOMIST, Gift Mugano, has ditched the opposition in support of the government in what he has described as a Damascene moment for him.<\/p>\n

Once a government critic and its policies, Mugano has in recent times been showering praises on Minister of Finance, Mthuli Ncube and the Mutapa Investment Fund Chief Executive Officer John Mangudya.<\/p>\n

His sudden turn of stance had prompted criticism from opposition figures questioning Mugano\u2019s sudden praise of \u201ceconomic progress\u201d.<\/p>\n

<\/a><\/p>\n

Quoting biblical figures, Mugano said he is lending the government support after witnessing the success of its economic policies.<\/p>\n

\u201cThis statement is motivated by incessant questions raised by the public in recent weeks regarding my recent remarks towards economic progress made by the Government of Zimbabwe. I thought that I must set the record straight on where I stand by penning this statement.<\/p>\n

\u201cI know that more questions and attacks will come. I will not pen any statement on the same in the future. My actions will speak louder than words,\u201d said Mugano.<\/p>\n

He added: \u201cI am not anyway near Daniel and Joseph from spiritual perspective but my actions are inspired and modelled around how these great men of God worked with their respective governments.<\/p>\n

\u201cForget about what I said during my Saul moment. I had my Damascus moment \u2013 a point of reflection and soul searching. I am new. I am now Paul. I will never revert back to the old Saul!\u201d<\/p>\n

<\/a><\/p>\n

Mugano was in 2023 dismissed from the ZimTrade board after lending his support to the then leader of the Citizens Coalition for Change (CCC) Nelson Chamisa.<\/p>\n

Mugano said the country is witnessing stability as a result of the Reserve Bank of Zimbabwe.<\/p>\n

\u201cReserve Bank of Zimbabwe has done exceptionally well in managing policy instruments under its purview to foster price stability;<\/p>\n

\u201cMining \u2013 mining revolution is taking place with gold hitting record output of 46.7 tonnes with lithium and base metals standing out as our flagship exports;<\/p>\n

\u201cConstruction \u2013 everywhere you go, you see massive housing construction, shopping malls and off course road rehabilitation which has become a hallmark of the Second Republic is one of the positive things taking place in this country.<\/p>\n

\u201cAgriculture \u2013 agricultural revolution is taking place quietly and steadily with dairy, cereals and tobacco recording massive growth and the growth trajectory is anticipated to remain positive,\u201d he said.<\/p>\n

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