African Markets – Factors to watch on July 31
Mnangagwa’s suitcase raises Zimbabwean eyebrows
10:48 CAT | 15 May 2018
Zimbabwe’s President Emmerson Mnangagwa has promised to turn his country’s financial fortunes around.
But it seems it is his “fortune” – or how he spends it – which has got people talking after his branded briefcase was spotted in a photo:
Mnangagwa’s briefcase is worth $8 600.
While the majority are surviving on less than a $1 A day, this is a clear case of life of extravagance and greediness.
ZANU doesn’t care about the poor. pic.twitter.com/1GVCX6lWWZ
— Zandile (@maDube_) May 13, 2018
Now, others have questioned exactly how much the briefcase really cost – suggesting the price may be far lower, or could be a gift.
However, the fact a Louis Vuitton briefcase is dominating the social media chat in an election year may be bad news for Mr Mnangagwa.
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