The report that StanChart, a British multinational and financial
services group, is extending a US$100 million loan facility to Zimbabwean
private sector; will be seen as the British are down-playing, at the very best,
President Mnangagwa’s apparent failure to keep his promise to hold free and
fair elections. At worst, it will be seen as the British meddling in Zimbabwe’s
political affairs, to extend Zanu PF’s corrupt and undemocratic rule in total
disregard of the long-suffering masses desperate for meaningful political
change and economic recovery.
President Mnangagwa and his junta’s dawn chorus of “Zimbabwe is
open for business!”; all dress up in their colourful scarfs – a rendition of
southern ground hornbill dawn and sunset calls; had failed to impress. The
would-be investors have continued to shy away from Zimbabwe because they do not
believed Zimbabwe is, indeed, open for business, after being closed for decades.
Zimbabwe closed her doors to investors in the late 1990s when IMF,
WB and other financial institutions stopped lending the country all financial assistance
because Harare was failing to repay its debts. The situation was made worse by
Zanu PF’s total disregard of property rights, exemplified by the wholesale farm
seizure; the country was considered a pariah state ruled by thugs. No investor wants
to do business in a pariah state.
When President Mnangagwa seize power in last November’s military
coup, his dawn chorus was meant to assure the investors that Zimbabwe was no
longer a pariah state. Investors are a shrewd lot, they are not so easily
fooled.
President Mnangagwa scrapped some of Mugabe’s obnoxious laws,
stopped using Mugabe’s in-your-face anti-Western rhetoric, etc. A good start but
still not enough to end the country’s pariah status. Investors wanted to see
Zanu PF give up its dictatorial powers.
President Mnangagwa promised to hold free, fair and credible
elections. Sadly, this was the one promise the regime has made and, it was
clear even in the first few weeks after the coup, had no intention of
honouring. The regime has pointedly refused to implement any democratic reforms
without which it is impossible to have free and fair elections; proof that Zanu
PF is still a party of lawless thugs.
The genesis of Zimbabwe’s economic meltdown and political chaos
which have seen unemployment soar to 90% and the ruling party implode with no
political alternative respectively is the country’s failure to hold free and
fair elections. For the last 38 years Zimbabwe has been stuck with a corrupt
and tyrannical regime that rigged election to stay in power. It is therefore
not surprising that the nation’s number one priority for the last two decades
has been to implement the democratic reforms, hold free, fair and credible
elections and thus finally break Zanu PF’s political strangle hold.
Until we end this rotten political culture of rigged elections;
nothing of any substance can ever accomplished being it on the economic or
political front. Nothing!
President Mnangagwa and his coup junta promised to hold free,
fair and credible elections. The regime has been reminded on countless occasions
it must implement the democratic reforms, so it knows what is expected of it. What
is required now is for the investors, ordinary Zimbabweans, international
elections observers and all those genuinely interested in seeing Zimbabwe end
the economic meltdown and the political chaos to all be united and resolute in
their demand for free, fair and credible elections.
President Mnangagwa and his coup junta have promised to hold free,
fair and credible elections; they must now honour their promise and there must
be no negotiation or compromise on the matter. By extending this financial assistance,
at this point, the British are certainly breaking rank.
The message they are sending is that the British will do
business with Zanu PF regardless of whether the regime hold free and fair
elections or not! We already know that the regime had no intention of holding
free and fair elections and will only see this as encouragement rig the
elections.
Some people have argued that Zimbabwe should just concentrate on
economic recovery for now and put free and fair elections on hold. What these
people assume is that the other nations and investors will follow the British’s
lead and do business with the vote-rigging and corrupt Zanu PF dictatorship.
This is just a fallacious argument that must be dismissed with the contempt it
rightly deserves.
To start with, no one can guarantee that Zanu PF would ever
implement any reforms and risk losing power in free and fair elections. It is
no secret that after the November coup it was agreed that President Mnangagwa
will succeeded by VP Chiwenga; the ordinary people have no say in that.
There are also no guarantees that other nations and investors
will follow the British’s example and invest in Zimbabwe, particularly when it
is clear the country is still a pariah state ruled by thugs who have no
intention of ever holding free and fair elections. None! The next regime change
will have to be another military coup or violent street protests.
After being denied their basic freedoms and human rights all their
lives and paying dearly for the decades of ruinous Zanu PF misrule, it is
inhuman that anyone should be asking of the long-suffering masses of Zimbabwe
to accept yet another rigged election. The sheer duplicity and hypocrisy of the
British in seeking impose this Zanu PF autocracy on the people of Zimbabwe is sicken
particularly given Britain’s checked past.
It is sickening enough that the Chinese are propping this vote-rigging
Zanu PF dictatorship, with their mega deals worth millions to hide their
looting worth billions; without the British joining in as the Chinese’s acolyte!
If these elections are not free and fair then the process must
be declared null and void and a new administration appointed to implement the
reforms and hold the country’s first free, fair and credible elections. President
Mnangagwa promised to hold free and fair elections, if he cannot do so then he
must ship out! There will be no negotiation and no compromise on this, not this
time or ever!
There is no doubt that investors are watching with interest to see whether Zimbabwe is now a politically stable nation and holding free, fair and credible elections is a must in this regard. There is is no doubt that the loan facility the British are providing is meant to encourage investors to return to Zimbabwe just as the Chinese mega deals are supposed to. The message in this case is clear; Zimbabwe is stable regardless of whether the nation holds free and fair elections or not!
ReplyDeleteThis is a gamble by the British but they only stand to lose the US$100 million. It is the long suffering Zimbabweans who will lose a hell lot more as they will be stuck with the corrupt and vote-rigging Zanu PF regime for yet another five years or more with all the usual consequences of economic meltdown and political chaos.
The people of Zimbabwe must bite their lower lip and focus on ending the Zanu PF dictatorship and replacing it with a competent and accountable government.
If these elections are not free and fair then the process must be declared null and void, we, the people of Zimbabwe, must not allow the British have their wish and have the process rubber stamped as acceptable! It is us who will pay dearly for the mistake and not the British!
If is not for ED and Zanu PF to decide who should rule Zimbabwe that decision should be the democratic wish of the people of Zimbabwe in a free, fair and credible election. Zanu PF has never held free and fair elections and clearly has no intention of doing so this year. These elections are going to be declared null and void and we will be back to where we were in 2008. This time all the reforms will be implemented.
ReplyDeleteI know this is very hard for you to accept but that is irrelevant because it is happening regardless!
"Britain is not going to demand that the Zimbabwe government do anything apart from conducting free, fair and credible elections, the MDC Alliance was informed. They were further informed that the current president has said this is what he will do and so far, he has not done anything that says he is lying," wrote Magora.
ReplyDelete"Britain, therefore, is not going to treat him and his government like liars when there is no evidence that this is fact."
This is nonsense. You cannot have free, fair and credible elections without a free public media, no verified voters' roll, not transparent party funding system, etc. One does not need to wait until election day to see these glaring irregularities. ED had the opportunity to implement the democratic reforms, he chose to ignore the calls to implement the reforms and therefore he is lying that he will hold free and fair elections when it is clear that is impossible!