Once again, Zimbabweans are watching their future being sold off in secret. A new scandal is shaking the country, this time involving President Emmerson Mnangagwa and Attorney-General Virginia Mabiza. The issue? The attempted sale of the People’s Own Savings Bank (POSB) to a mysterious group known as Hebrew Investment Group (HIG). This deal, shrouded in secrecy and red flags, threatens not just one bank, but the very foundation of public trust in Zimbabwe.

Leaked documents reveal that Mnangagwa and Mabiza are pushing ahead with a plan to sell POSB without proper legal or public processes. They want to hand over this critical state-owned bank to HIG — a group with no known address, no website, and no proof of doing real business. One of HIG’s frontmen is a controversial figure, cleric Morris Brown Gwedegwe, whose name alone raises more questions than answers. Yet the President is pushing forward, ignoring every warning sign.

HIG claims it will inject $70 million into POSB and loan Zimbabwe $6 billion. At first glance, that sounds like a good deal. But any thinking person would ask — why would an unknown company with no proven background suddenly hand over billions to a country with a broken economy and a terrible credit rating? The deal smells of fraud, money laundering, or worse.

Even more disturbing is how the deal is being handled. The government did not allow a public bidding process. No other companies were invited to compete. There was no transparency. Instead, Mnangagwa handpicked HIG, and Mabiza gave the order for the sale to go ahead. This is not how a country should manage public property. It is not how a responsible leader protects the money of ordinary citizens.

POSB is not just any bank. It plays a vital role in Zimbabwe’s economy. It helps civil servants get their salaries. It gives loans to workers. It helps pensioners access their money. For many Zimbabweans, POSB is the only bank they trust. Yet this deal could give HIG — a shady foreign-linked group — access to the bank’s vaults without proper checks. That means people’s savings could be at risk. The entire country’s financial security could be compromised.

The $6 billion loan that HIG offers is also suspicious. The terms — a 30-year repayment plan at 0.3% interest — are not only unrealistic but ridiculous. Zimbabwe has been in debt for years. No serious investor offers money on those terms. This looks like a scam, and it raises serious fears that Mnangagwa’s government is using the deal to steal from the people under the disguise of investment.

To make matters worse, Kenias Mafukidze, the POSB board chairman, is caught in the middle. He also leads a media company, yet instead of using that platform to expose this corrupt deal, he is silent. His role makes it hard to trust the bank’s leadership. It’s another sign that the system is rotten from top to bottom.

This is not just about a bank. It is about how Zimbabwe is being run. A vital public institution is being handed over in darkness, without public debate, without transparency, and without care for the people it serves. This scandal proves again that under ZANU PF, corruption is not an accident — it is the system.

Zimbabweans must speak up. The country cannot afford to lose POSB to a group of unknown, unaccountable people. The people’s savings are not for sale. The country’s future is not for sale. And if leaders continue to betray the people, then the people must hold them accountable.

This is a moment of truth. Will Zimbabwe continue down this dark road of secrecy and betrayal? Or will the people stand up and demand better? The fight for integrity and justice starts now. And it starts with saying no to the POSB heist.