Business / Economy
Zanu-PF rejects the Zim dollar
16 Jun 2013 at 10:37hrs | Views
Zanu-PF intends to consolidate the economic stability brought by the multi-currency system through pro-people policies anchored on the Indigenisation and Economic Empowerment Programme if it wins the forthcoming harmonised elections.
The party says it would not rush to reintroduce the Zimbabwe dollar, but work towards growing the economy further.
This is contained in a draft of the 100-page Zanu-PF manifesto, which will be launched soon after the party's June 24 primary elections.
The manifesto is titled "The People's Manifesto, Team Zanu-PF, Bhora Mugedhi/Ibhola Egedini" and will herald the theme, "Indigenise, Empower, Create Employment and Development".
It also covers goals of unity, economic security, respect for the values of the liberation struggle, gender equality, freedom, non-violence, housing for all, freedom of worship and respect for people living with disabilities, among other key issues.
Party information and publicity secretary Rugare Gumbo said the manifesto was a comprehensive blueprint that outlines party strategy to make Zimbabwe an exemplary economic giant in Africa.
"We are now tying the loose ends to our manifesto. It is a very comprehensive document, which we are likely to launch soon after the primary elections," he said.
"The manifesto is very clear on economic development. It emphasises that the Zimbabwean dollar will be introduced at a certain time, but this will wait until the economy has fully stabilised.
"Even when we introduce the local currency, we will make sure that it operates with the multi-currency system first. It looks at our past, the present and the future. The country achieved political independence in 1980 but didn't have control of its resources.
"We believe the best way to achieve our objective is to indigenise, empower and create employment and development. That is the theme."
Gumbo said Zimbabwe - through Zanu-PF - had made history by becoming the first African country to advance self-help developmental programmes for the masses without foreign support.
He added that the title of the manifesto captured the thrust to unite the party.
"We are saying we are a team and we need to score goals. We need to work together as a team so that we do not score own goals but score for the team to win," he said.
The party says it would not rush to reintroduce the Zimbabwe dollar, but work towards growing the economy further.
This is contained in a draft of the 100-page Zanu-PF manifesto, which will be launched soon after the party's June 24 primary elections.
The manifesto is titled "The People's Manifesto, Team Zanu-PF, Bhora Mugedhi/Ibhola Egedini" and will herald the theme, "Indigenise, Empower, Create Employment and Development".
It also covers goals of unity, economic security, respect for the values of the liberation struggle, gender equality, freedom, non-violence, housing for all, freedom of worship and respect for people living with disabilities, among other key issues.
Party information and publicity secretary Rugare Gumbo said the manifesto was a comprehensive blueprint that outlines party strategy to make Zimbabwe an exemplary economic giant in Africa.
"The manifesto is very clear on economic development. It emphasises that the Zimbabwean dollar will be introduced at a certain time, but this will wait until the economy has fully stabilised.
"Even when we introduce the local currency, we will make sure that it operates with the multi-currency system first. It looks at our past, the present and the future. The country achieved political independence in 1980 but didn't have control of its resources.
"We believe the best way to achieve our objective is to indigenise, empower and create employment and development. That is the theme."
Gumbo said Zimbabwe - through Zanu-PF - had made history by becoming the first African country to advance self-help developmental programmes for the masses without foreign support.
He added that the title of the manifesto captured the thrust to unite the party.
"We are saying we are a team and we need to score goals. We need to work together as a team so that we do not score own goals but score for the team to win," he said.
Source - Sunday Mail