"FINANCE minister Mthuli Ncube has set timelines for the disposal and partial privatisation of a number of state-owned enterprises, as part of a raft of measures to revitalise Zimbabwe's fragile economy," reported the Zimbabwe Independent.
"A new audit report by Auditor-General (AG) Mildred Chiri has revealed that 23 insolvent parastatals are teetering on the brink of collapse, saddled with massive debts running into hundreds of millions of dollars.
"According to Chiri's audit, the identified parastatals which are on the brink of collapse have been weighed down by corruption and maladministration."
Many of us will remember the dirty arm-twisting Zanu PF employed to force the owners of the forerunner of Zimbabwe United Passenger Company (Zupco) (one of the insolvent parasols on for sell) bus company to sell. As soon as government took over the quality of bus service dropped and never recovered.
Now this Zanu PF government has finally admitted that it should have never bought Zupco and all these other companies. Ordinarily one would be pleased that the government has finally admitted its failure given we are still dealing with the same corrupt and incompetent regime, there is nothing to suggest the disposal of these companies will be done efficiently and to the best interest of the nation!
Zanu PF landed the nation into this economic mess and it is naive to believe that the same regime, or be it with a new tyrant as leader, will get us out of the mess. Instead of digging us out of the mess, the regime is dragging us even deeper into the hell-hole!
President Mugabe was just as confident of delivering mass prosperity, “gutsa ruzhinji”, when he nationalised these companies; President Mnangagwa is displaying the same arrogance in being certain to revive the country’s economic fortunes.
When President Mnangagwa came into power last November, following the military coup, he promised to end corruption, for example, and yet has done nothing. According to Mugabe the nation was swindled out of $15 billion dollars in diamond revenue in the period 2009 to 2016. After a year in office, Mnangagwa has yet to arrested one swindler and to recover one red cent of the looted revenue. Not one red cent!
Worse still, the looting in Marange is continuing to this day! The diamond mining activities are still taking place, the same players and under the same veil of secrecy. In 2012 the late Edward Takaruza Chindori-Chininga said in a parliamentary report that no one knew the quantity, quality, value, etc. of the diamonds coming out of Marange; such was the level of secrecy in the industry. The same veil of secrecy is still there today.
There is yet a final chapter to be written in the disposal of Zimbabwe's parastatals. The nation will inherit all their mountain of debt and the companies are then sold for a song to individuals who will stripe the companies of all their assets, selling them for huge profits and walk away.
Zanu PF has dragged the nation into this economic and political hell-on-earth of serious economic meltdown and the political chaos, murders and paralysis! Yes, dragged the nation because the party has rigged elections to stay in power against the democratic wishes of the people.
President Mnangagwa and his Zanu PF junta rigged the recent elections and thus continue to impose their tyrannical rule on the nation. Zanu PF does not have the people’s mandate to rule Zimbabwe and to impose its destructive economic policies on this nation now that it had at any time in the last 38 years. Whilst there is nothing we can do to turn back the clock and reverse the corruption and tyranny of the past; we can do something to stop the regime selling the little the nation has left and to end the regime's reign of terror.
It is a well established fact that President Mnangagwa and his Zanu PF junta rigged the 30 July 2018 elections, the regime is therefore illegitimate, and thus has no mandate to govern nor dispose of any of the nation's assets and resources! Zanu PF must be pressured to step down now, that is not negotiable!
ZRP Commissioner General Godwin Matanga speaking to the commission of inquiry on the 1-August military massacre during the week said “I still feel today that the President’s doors are open and (so) I cannot arrest Chamisa, but all the same I can say crime does not rot like meat and anytime he can be arrested,” effectively declaring to Nelson Chamisa – ndokudonhedza mangwana chaiye.
ReplyDeleteIt is hearten to hear Police Commissioner Matanga knows that “crime does not rot like meat” because we have a nation that has been abused and traumatised by the very people entrusted to uphold the law and to protect us. Commissioner Matanga knows only too well the role the ZRP has played in the last 38 years in the establishment of the de facto one-party Zanu PF dictatorship. He knows the Police has often turned a blind eye to Zanu PF abuse of power and, sometimes, the Police has even played an active role in the denial of the people’s freedoms and rights. Commissioner General you and many of your fellow Police Officers have a lot to answer for, your crimes have not rotted away!
Another road accident, along Masvingo Road this time!
ReplyDeleteHow many more of these tragic stories will it take to wake up the basking crocodile! Mnangagwa rigged the elections so he can bask in the sun at state house whilst the country goes to the dogs! No one voted for this regime and yet it continues to ruin our lives!
One of the most regrettable realities is that the late President of SA Nelson Mandela ruled that country for only one term 1994 to 1999. He step down much too so when there was so much for him to do in SA and the whole region. Madiba was the only SA leader who understood the serious trouble Zimbabwe was in under Robert Mugabe and now under Mnangagwa.
ReplyDeleteMnangagwa has just blatantly rigged the elections and thus confirming the country is still a pariah state ruled by corrupt and vote rigging thugs just as it was under Mugabe's rule. Investors and lenders have continued to shy away from the country.
Zimbabwe is right now in the middle of economic chaos caused by shortages in foreign currency, fuel, food, medicine, etc. With the door to the much needed direct foreign investment slammed shut, to is clear there is not going to be an economic recovery any time soon.
“Zimbabwe is on a path of great reforms. This needs to be supported, as Zimbabwe has turned a corner,” said SA’s President Ramaphosa.
Zimbabwe has just had rigged elections and the country’s economy is in serious trouble; how anyone, anyone at all much less a national leader can still see this as “path of great reforms” defies all logic!
With good leadership in SA, it is possible that Zimbabwe could have ended the nightmare of the Zanu PF peaceful by now. Sadly, it was not to be, ever since Madiba retire the door for change was slammed shut as one mediocre leader has followed another!
“Path of greed reforms!” Yeah right! Cannot even name one reform Mnangagwa has implemented after one year in office!
The Zimbabwe Association of Doctors for Human Rights (ZADHR) wishes to alert members of the public, the Mothlante led commission and all Zimbabweans that there are concerted efforts by the state media to dismiss the recently launched report by ZADHR on post election violence.
ReplyDeleteZADHR is in possession of communication of a state media journalist who has been enquiring all day about the sources of funding for ZADHR and whether or not ZADHR is linked to political parties.
Shame on Zanu PF and its acolytes!