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Zanu PF hold Zimbabwe hostage
04 Jul 2015 at 07:43hrs | Views
Zanu PF has been accused of holding Zimbabwe hostage prompting the country to be in serious economic and political turmoil.
Revesayi Mudete posted on Facebook a story that 76% of the families in Zimbabwe survives on less than $200 well below poverty datum line of $500.
"Zimbabwe is facing an imminent economic implosion due to chronic mismanagement by President Robert Mugabe's ruling Zanu PF, that is being exacerbated by the former liberation movement's seemingly unstoppable factional and succession wars," reads the post.
"Life is getting harder for most Zimbabweans, and as the country's economy gets more and more informalised, to the point where critics now derisively describe Zimbabwe as "a country of degreed street vendors".
The post state that Zanu PF is holding the country hostage while its bigwigs continued to savage each other with reckless abandon and without forging a progressive path forward for the long-suffering country.
"There are major shrinkages in all sectors of the economy, from mining to agriculture and manufacturing. Businesses are going bankrupt. We cannot be a country where we are consuming more than we produce," reads the post.
"Zimbabwe is headed in an unknown direction, a situation that has been caused by Zanu PF's dodgy policies."
The post also states that there is a clear lack of leadership in Zimbabwe and the country is in a generally disastrous direction and we need to shift the focus to transforming the economy through creating a conducive environment for foreign direct investment.
Revesayi Mudete posted on Facebook a story that 76% of the families in Zimbabwe survives on less than $200 well below poverty datum line of $500.
"Zimbabwe is facing an imminent economic implosion due to chronic mismanagement by President Robert Mugabe's ruling Zanu PF, that is being exacerbated by the former liberation movement's seemingly unstoppable factional and succession wars," reads the post.
"Life is getting harder for most Zimbabweans, and as the country's economy gets more and more informalised, to the point where critics now derisively describe Zimbabwe as "a country of degreed street vendors".
"There are major shrinkages in all sectors of the economy, from mining to agriculture and manufacturing. Businesses are going bankrupt. We cannot be a country where we are consuming more than we produce," reads the post.
"Zimbabwe is headed in an unknown direction, a situation that has been caused by Zanu PF's dodgy policies."
The post also states that there is a clear lack of leadership in Zimbabwe and the country is in a generally disastrous direction and we need to shift the focus to transforming the economy through creating a conducive environment for foreign direct investment.
Source - Byo24News
