Zimbabwe President Robert Mugabe Resigns | Zero Hedge
Description: "My decision to resign was voluntary on my part..."
Keywords: Zero Hedge,Zerohedge,Finance,Economics,Markets,Politics,Analysis,Reuters
Date: 2013-01-07T00:00:00Z

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# Zimbabwe President Robert Mugabe Resigns

by Tyler Durden
Nov 21, 2017 10:54 AM
0
SHARES

Zimbabwe’s Speaker of Parliament Jacob Mudenda had barely finished reading the rules and regulations of how impeachment proceedings would proceed against President Robert Mugabe when the 93-year-old leader and former revolutionary surprised his colleagues by officially resigning the presidency – something he had been reluctant to do even after the military placed him under house arrest last week.

Both Reuters and the Associated Press confirmed that Mugabe had resigned, citing an announcement made by Mudenda.

> BREAKING: President Robert Mugabe has resigned, Speaker of Parliament confirms

> — Zim Media Review (@ZimMediaReview) November 21, 2017

"I Robert Gabriel Mugabe in terms of section 96 of the constitution of Zimbabwe hereby formally tender my resignation... with immediate effect," said speaker Mudenda, reading Mugabe's letter.

"My decision to resign was voluntary on my part."

Zimbabwe's Parliament has erupted in cheers as the speaker announces the resignation of President Robert Mugabe. The speaker stopped impeachment proceedings to say they had received a letter from Mugabe with the resignation "with immediate effect." It is an extraordinary end for the world's oldest head of state after 37 years in power.

Mugabe’s resignation came days after the Zimbabwe African National Union-Patriotic Front party fired him as its leader and ordered him to step down. In his place, Emmerson Mnangagwa, 75, who Mugabe dismissed as vice president earlier this month, will take over as interim leader and the leader of ZANU-PF, the country's ruling party. Mnangawa will also be ZANU's candidate in presidential elections next year, the party said.

> Drama! Drama!

> As The Speaker was presiding over the impeachment, Justice Minister Bonyongwe interrupted him, carrying a letter. Speaker Mudenda then asked MPs to excuse him. They grumbled.

> But this was it. He announced the letter had come. Mugabe has resigned!

> — Zim Media Review (@ZimMediaReview) November 21, 2017

Mugabe came to power in 1980 after Zimbabwe gained its independence from the UK. He was ousted earlier this month after he fired Mnangagwa and appointed his much-younger wife, Grace, 52, in his stead. Mugabe, it was widely believed, was positioning Grace to succeed him as ruler of Zimbabwe.

Once an shining example of economic progress, Zimbabwe's economy began crumbling in the early 2000s as Mugabe seized land from white farmers and turned it over to friends of his government. The country's currency experienced a hyperinflationary spiral that rendered the savings of millions of Zimbabweans worthless. The recent unrest has sent many Zimbabweans scrambling to buy bitcoin, which recently traded at $13,000 on Golix, the country's primary bitcoin exchange. That's a more than 50% premium over its global price. Bitcoin's global price of around $8,000.

Mugabe baffled many of his countrymen on Monday when he refused to resign during a widely watched public address, insisting instead that he would lead the next Congress. In response, both opposition and Zanu-PF lawmakers said they would immediately begin impeachment proceedings.

The president furnished his resignation after only three cabinet ministers showed up for a cabinet meeting he called for Tuesday.

> @ZimMediaReview
> Me: How many ministers attended today's cabinet meeting?
> Zim "journalists" : ????
> Me: hmm...#Zimbabwe pic.twitter.com/wUTdPjmpnG

> — Thandekile Moyo (@Mamoxn) November 21, 2017

The BBC tweeted footage of Mudenda reading Mugabe's resignation letter aloud:

- Reuters

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## Comment viewing options

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Gap Admirer Nov 21, 2017 10:56 AM

Will Dear Leader Obama be taking his place?

At last, home again!...

WTFRLY Gap Admirer Nov 21, 2017 10:58 AM

Behold, t3h power of j00

Ghost of Porky WTFRLY Nov 21, 2017 11:06 AM

What happened? Did he grope a female staffer?

IH8OBAMA Ghost of Porky Nov 21, 2017 11:09 AM

No kidding! I'll rush out and book my Zimbabwe vacation right away now. /NOT

That and news that fish are in the sea were at the top of my wish list.

Supafly IH8OBAMA Nov 21, 2017 11:13 AM

Kind of like voluntarily taking a shit after drinking a jug of magnesium citrate.

TBT or not TBT Supafly Nov 21, 2017 11:19 AM

Paraphrasing our own reverse Midas touch embarassment, at some point you've made enough bodies.

Two-bits Gap Admirer Nov 21, 2017 11:03 AM

If only wishing made it so.

Endgame Napoleon Gap Admirer Nov 21, 2017 11:07 AM

Obama has been a little more willing than Hillary and Bill to cede power, stepping down from elected leadership in the system of voluntary ceding of power designed by the Founders. Obama might regard a life of 1-hour speeches @ $3.2 million a pop and yachting trips with the Crony Elite as a more leisurely way to make a living than 24/7 SS scrutiny and harsh MSM critiques. Oh, that’s right...President Obama was exempt from the media carping, even on that shady-cubed uranium deal.

IH8OBAMA Endgame Napoleon Nov 21, 2017 11:10 AM

Obama could go size up a grave for all I care about that asshole America hater.

TBT or not TBT Endgame Napoleon Nov 21, 2017 11:20 AM

Ah, but are we done with his wookie?

Budnacho Nov 21, 2017 10:56 AM

If by voluntary then you mean jumper cables attached to my testicles...then yes!....voluntary

aliens is here Nov 21, 2017 10:58 AM

No bullet waiting for him? I say he got off cheap.

TeethVillage88s aliens is here Nov 21, 2017 11:12 AM

Queensberry rules

lol

Political Prisoner given European Protections... perhaps backed by the English somehow?

Mena Arkansas Nov 21, 2017 11:00 AM

Now they need to get back the money he stole. They can start with his kid's diamond watch.

E.F. Mutton Nov 21, 2017 11:00 AM

They stuck a gun up his ass and told him either his brains or his signature would be on the resignation.

Bay of Pigs Nov 21, 2017 11:01 AM

More importantly, how many Bitcoins did he buy and take with him after looting the country?

Endgame Napoleon Bay of Pigs Nov 21, 2017 11:10 AM

Maybe, he is a gold-bug dictator. Check the detachable fixtures.

koan Nov 21, 2017 11:02 AM

Voluntary? Then what is that 9mm circular indentation on his forehead?

Dave5150 Nov 21, 2017 11:03 AM

What's the over/under on the number of days he survives post-resignation?

ParkAveFlasher Dave5150 Nov 21, 2017 11:09 AM

He'll be fine. Job well done.

The Proletariat Nov 21, 2017 11:04 AM

God dammit Robert!!!! You could've made it a little longer. We love you!! Signed, Mr. Yellen and Edward Quince

#milliondollarbubblegum

TeethVillage88s Nov 21, 2017 11:08 AM

Who cares.

Where are the Awan Brothers, what about Clinton Hard Drives, Cell Phones, Awan Cell Phones, Awan installing a Trojan into US Congressional computers for spying on Blackberrys... what about US Congress or DNC using Foreign Agents to analyze Hard Drives, Computers, Cell Phones?

WTF?

What about the Rumor that Mosad or Ex-Mosad set up LA Police Dept surveillance, then apparently had access to Drug Dealer Pagers and may or may not have had the ability to notify criminals of Police Raids or Police presence.

What about Foreign Industrial Espionage in the USA, French, Israeli, Chinese, Russian, Ukrainian, M.E., SWA?

What about Foreign Agents Lobbying & Spying & conducting operations in the USA.

What about Transfer of US Technology to Foreign Agents.

What about US Subsidies to Foreign Corporations in order to sell on Ebay or Amazon.

adr TeethVillage88s Nov 21, 2017 11:10 AM

Joos control the media and they are the ones behind the entire list, so no you won't hear any of it ever.

Endgame Napoleon TeethVillage88s Nov 21, 2017 11:12 AM

The heavily lobbied morph into Zimbabwe’s.

adr Nov 21, 2017 11:09 AM

He didn't want to become a severed head on a pike after being Gadaffied.

https://www.youtube.com/watch?v=5FiYo0JU8jo

Ink Pusher Nov 21, 2017 11:10 AM

LMFAO , "voluntary" and I thought my ego was massive.

PantherCityPooPoo Nov 21, 2017 11:12 AM

more proof slavery in the US is the best thing that ever happened to tha bleks.

Manipuflation Nov 21, 2017 11:14 AM

It must be the white opression that caused this right?. We NEED to have the Clinton Foundation step in, tax free, so that we can pay MOAR to have MOAR niggers in Africa. The world needs more of these assholes.

Fucking brilliant.

UselessEater Nov 21, 2017 11:14 AM

It is a game just more ruthlessly played in Zim than SA.

http://historyreviewed.com/

I discuss many aspects of this weird coup. I also read Dr Peter Hammond’s letter to me regarding the events in Zimbabwe. I point out black hypocrisy in Africa and the African Union and how the blacks have now created problems of their own where they break their own rules.

Is this coup real or a hoax or a trick? I discussed this with various Rhodesians as well as with blacks from Zimbabwe and I mention a number of facts that the Mass Media are not actually mentioning.

Also, will this result in improvements to Zimbawe? Should we whites care? My own view is that its good to watch our enemies fighting each other. This could lead to many problems for the blacks – whom I have no sympathy with.

UselessEater UselessEater Nov 21, 2017 11:23 AM

It's about black "commie" factions fighting over who gets to loot Zimbabwe for the next 30 years... same same but more savage each time.

Citizen G Nov 21, 2017 11:14 AM

More importantly, what’s up with that hitler stache?

FORD_FIESTA Nov 21, 2017 11:15 AM

If every Human disappeared from the Continent of Africa, would we miss them?

CaptainObvious Nov 21, 2017 11:16 AM

"My decision to resign was voluntary on my part."

Uh, no it wasn't. You were staring down the gun barrels of the entire Zimbabwean army. That's not "voluntary" unless you're using The Official Clinton Dictionary™. Speaking of which, check out page 342...we finally have the definition of "is"!

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