Every economic performance indicator shows that the Zimbabwe economic is in total economic meltdown and yet Mnangagwa continue to claim otherwise.
“My government continues to take bold and decisive steps to open up and grow the economy for the benefit of all our people. The road map articulated in our Vision 2030, with the TSP as the key building block is being systematically pursued. We are reforming our economy, we are reforming political space, and the very fabric of our society,” he maintains.
There are a number of points one can raise in the above statement but I will just confine myself to three points:
- The claim that he has taken “bold and decisive steps to open up and grown the economy” is a blatant lie. He promised “zero tolerance on corruption”, without doubt Zimbabwe’s number one economic cancer killing the economy, and yet has done very little. In 2016, then President Mugabe admitted the country was being “swindled out of US$ 15 billion in diamond revenue alone. Mnangagwa has not arrested even one diamond swindler or recovered one dollar of the swindled loot.
Indeed, we know the wholesale looting has continued unabated since Mnangagwa took over. Last year US$ 3 billion of Command Agriculture funds were swindled; no one has accounted for it and no one has been arrested.
- There is growing evidence that the economic growth to middle income level promised in Vision 2030 is another Zanu PF mirage as the economic growth and stability, the milestone marker to show the country was heading in the right directions have all been missed. Zimbabwe’s Minister of Finance, Professor Mthuli Ncube, the chief designer of the Vision 2030 and TSP promised to sell the program to IMF and WB and have them on board bankrolling the recover, for example. He has clearly failed to impress the two Brentwood Financial Institutions, they have pointedly refused to grant Zimbabwe even one dollar in financial assistance.
Professor Ncube is trying to hide his failing policies by banning the publication of such economic indicators as rate of inflation. Last Thursday, 26 September, the IMF head of delegation Gene Leon reveal that the country’s hyperinflation had surged to 300% adding that the country “was experiencing severe economic difficulties” and revealed inflation had soared 300%.
- The root cause of Zimbabwe’s economic meltdown is the country’s pariah state status. Zimbabwe is a pariah state ruled by corrupt, incompetent, vote rigging and murderous thugs. It is near impossible to do business in a country where chaos rules supreme and there is no law and order.
After the November 2017 coup Mnangagwa promised the “new dispensation” as the antidote to end the pariah state. Sadly he failed to keep his promise as he blatantly rigged last year’s elections.
“We are reforming the political space!” No, you have already missed the boat! After 39 years of rigging elections, do you serious believe anyone would be impressed by yet another promise to reform and hold free, fair and credible elections.
Zanu PF rigged last year’s elections, the party has no mandate to govern and must step down.
39 years of Zanu PF misrule has dragged the nation to the very edge of the precipice, the party must step down now to allow the nation to step back. The economic situation in the country is intolerable and getting worse; the nation’s stability and survival is at stake, there is no time to waste. Zanu PF must step down now, that is not negotiable.
MDC MPs walk out on Mnangagwa!
ReplyDeleteThis is just a political gimmick to get Mnangagwa to share the spoils of power with MDC. The party participated in last year's elections knowing fully well that Zanu PF would rig the elections; the participated because they also knew Zanu PF would be giving away a few gravy train seats. This is just a tactic to push Mnangagwa to give up a few more gravy train seats by appointing Chamisa and a few other MDC leaders into cabinet.
If MDC were serious about wanting free, fair and credible elections then they should have refused to take part in the flawed elections. ZEC failed to produce something as basic as a verified voters' roll and still MDC participated.
Chamisa and company know the power sharing arrangement they are demanding will be a watered down version of the 2008 GNU. The GNU failed to implement even one reform in five years it is naive to expect the enfeeble version to do any better.
Zanu PF rigged last year’s elections the party must step down to allow the nation to appoint a new body competent to implement the reforms. Zimbabweans must denounce MDC’s continued political machination and selling out!
Mobile service provider, Econet Zimbabwe, has threatened to completely shutdown its Ecocash platform following the directive by the Reserve Bank of Zimbabwe (RBZ) to ban cash in and cash out facilities.
ReplyDeleteGovernment is micro-managing the economy to make up for the government's failure to come up with workable policies. There are many reasons why the black market trade in foreign currency continue to boom such as the shortage of foreign currency because the country uses more foreign currency for imports than it earns. Government has failed to revive the economy and now it is blaming ordinary people for its own failures.
The tragedy here is that Mnangagwa has no clue what and who killed the economy but has the reckless arrogance imputance of an ignorant tyrant to claim that he knows to revive the economy and impose his will. We need to implement the democratic reforms designed to end Zanu PF's carte blanche dictatorial powers to rig elections.
ReplyDeleteIt is bad enough that Mnangagwa is greedy and ignorant but by allowing his and his thugs to enjoy absolute power we created a ruthless monster that has caused heart breaking suffering and death and destruction to us all. We must now team the monster by restoring democratic accountability!
Zanu PF must step down so we can implement the democratic reforms!
@ Sibanda
ReplyDelete“The ZANU PF government should accept defeat. This is evident in fuel queues, price hikes and 18-hr power cuts. No running clean water and there's ED Mnangagwa flying in private jets. It's mind boggling,” you said.
“Some have a complete aversion to the hard truth. Some of us covet the truth after 4 decades of lies rammed down our throats. There was a time when chemicals were supplied locally and maintenance was programmed responsible. With this illegitimate government, everything is falling apart rapidly while they line up their pockets. It might help if we did not send a huge delegation on a Minister's trip.”
You are 100% correct, it does not matter how much evidence is already out there that the Zimbabwe economy is in total economic meltdown; this Zanu PF regime will never ever admit responsibility for the mess. Worse still, as long as the party continue to enjoy its carte blanche dictatorial powers to rig elections it will remain in power ad infinitum dragging the nation deeper and deeper into the crashing abyss.
Zimbabweans have to wake up to the reality there will be no meaningful economic debate much less recovery as long as Zimbabwe remains a pariah state governed by corrupt, incompetent, vote rigging and murderous thugs. It is only by stopping the vote rigging that we can finally boot out these Zanu PF thugs and have a competent and accountable government. it has failed. There is no other way out!