News / National
Mugabe must admit failure - MDC
12 Jun 2016 at 07:43hrs | Views
The MDC led by Welshman Ncube has said the introduction of bond notes as a strategy to arrest the ravaging cash crisis is a confirmation of dismal failure on the part of the Robert Mugabe regime in Zimbabwe hence the need for him to step down now.
In a statement the MDC said it is shocked by Mugabe's insistence to introduce Bond notes as a solution for the worsening economic crisis currently strangulating and suffocating the ordinary poor people in Zimbabwe.
"President Robert Mugabe has lost grip on the economy and has resorted to meaningless strategies and measures that may create an acute shortage of products on the domestic market," said the party's spokesperson Kurauone Chihwayi.
"We view the introduction of bond notes as an act of arrogance,cruelty and a criminal strategy to create looting opportunities for Zanu PF sharks in Zimbabwe after failing to account for the $15 billion dollars that disappeared in their offices and diamond mine shafts."
He said the MDC is raising the red flag to draw attention of both local and the International community to the man made crisis in Zimbabwe.
"The people have loudly spoken about the bond notes and expressed their dissatisfaction and anger over their introduction but the Mugabe regime has vowed to proceed," he said.
In a statement the MDC said it is shocked by Mugabe's insistence to introduce Bond notes as a solution for the worsening economic crisis currently strangulating and suffocating the ordinary poor people in Zimbabwe.
"President Robert Mugabe has lost grip on the economy and has resorted to meaningless strategies and measures that may create an acute shortage of products on the domestic market," said the party's spokesperson Kurauone Chihwayi.
"We view the introduction of bond notes as an act of arrogance,cruelty and a criminal strategy to create looting opportunities for Zanu PF sharks in Zimbabwe after failing to account for the $15 billion dollars that disappeared in their offices and diamond mine shafts."
He said the MDC is raising the red flag to draw attention of both local and the International community to the man made crisis in Zimbabwe.
"The people have loudly spoken about the bond notes and expressed their dissatisfaction and anger over their introduction but the Mugabe regime has vowed to proceed," he said.
Source - Byo24News
