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'We were sleeping for 40 years' says Mnangagwa on Zim's Economy

by Mzingaye Nxumalo
17 Dec 2022 at 22:44hrs | Views
President Emmerson Mnangagwa has described the Zimbabwean government as "sleeping" for the past 40 years.

In one of the rarest instances, the President has actually found blame on the government for the flopped economy. It was in an interview this week during the opening ceremony of the Madokero Mall and Sanganai Gated Complex units in Harare West.

The project cost $7.4 million USD and was funded by the Public Service Commission Pension Fund.

Mnangagwa stated that the fund has always been there yet underutilized, which is why he accused the government of sleeping as far as the country's economy is concerned.

"This is what we should have begun 40 years ago, but we were all sleeping but the Fund was there," said Mnangagwa.

However, the pension fund also invested in other major projects. a hotel in Victoria Falls and is also working on a mini hydro-electricity plant in Masvingo expected to add five megawatts to the national grid.

The president went on to highlight that all these resources are domestic and not from anywhere else.

Phase 1 of the Sanganai Gated Complex has 150 housing units which have already been occupied while phase two which is to be completed in the first quarter of year 2023 will deliver 200 more units.

Lastly the opening ceremony where the President made his accusing statement was attended to by big names like the Vice President Constantino Chiwenga and the Defence Minister Oppah Muchinguri-Kashiri.

Source - Byo24News