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Zanu PF factions prompted tremendous negative economic impact
20 Mar 2016 at 05:31hrs | Views
A political commentator Dominic Muntanga has said the factions in Zanu PF have such a tremendous negative economic impact that stems from Ministers not collaborating to achieve shared goals.
"Instead of partnering, there is unnecessary and wasteful competition, which is leading us to waste so much time and resources. It is said there is over $500-million now available through the National Financial Inclusion Strategy launch by the RBZ," he said. "Why are the responsible ministers not seating down together to figure out how they can leverage those resources to advance the development agenda in an effective, efficient and profitable manner. I mean, agricultural colleges have churned out thousands of serious and very qualified young farmers, who have no capital to start up."
Muntanga said the Zimbabwe Farmers Union Young Farmers Clubs has thousands of young people who need financing and yet you hear someone announcing funds.
"Ministry of SME has thousands of young people who are actually producing a lot of products that could be export quality if someone bothered to provide capital and just a bit of money and support to get them to reach the tipping point. It is so sad to see the disconnect between our Ministries," he said.
"Instead of partnering, there is unnecessary and wasteful competition, which is leading us to waste so much time and resources. It is said there is over $500-million now available through the National Financial Inclusion Strategy launch by the RBZ," he said. "Why are the responsible ministers not seating down together to figure out how they can leverage those resources to advance the development agenda in an effective, efficient and profitable manner. I mean, agricultural colleges have churned out thousands of serious and very qualified young farmers, who have no capital to start up."
"Ministry of SME has thousands of young people who are actually producing a lot of products that could be export quality if someone bothered to provide capital and just a bit of money and support to get them to reach the tipping point. It is so sad to see the disconnect between our Ministries," he said.
Source - Byo24News