Latest News Editor's Choice


Opinion / Columnist

Which way Zimbabwe economy?

26 Oct 2018 at 07:11hrs | Views
Zimbabwe's economy now resembles a dog's breakfast. There's panic, uncertainty and speculation. Prices of basic commodities are rising and nobody seems to care. Fuel is in a fictitious short supply. Millers are rationing flour so that bread is prioritised ahead of luxuries like biscuits for the limited supplies. There is a serious medical drugs shortage, with pharmaceutical wholesalers reported to have suspended operations. A cash shortage which has been a problem for few years has worsened. No cash in the bank but plenty liquid on the streets of Harare under the nose of law enforcers. Fuel black markets have spruced up and no statement on shoddy deals. Every morning Zimbabweans are on the streets like mad men chasing wind.  
 
All these shortages are largely because Zimbabwe has run out of foreign currency. Zimbabwe is open for business, but there are senior civil servants playing politics. There are bankers business people and those in oil industry who are benefiting from the blood of the populace.  Zimbabwe deserves better and action must be taken against sabotages.    Despite the efforts of the government signs indicate that the country is under siege. There is a consented fight against the economy. There are so many people who are so keen to see Zimbabwe fail. They are attacking the head and we all seem to be blind to that fact.

For a country fresh from an election, these are odious circumstances.  Zimbabweans expected an economical right turn in a democratic environment. However the country has tolerated even those who are thrusting daggers in its chest.  

It is becoming plain then, that those in government are yelling for the same to fail. The actions of some Zimbabweans is demon possessed. There are gluttons who are actively making the economy bleed.

Some have been in the office for this long.  They want to show that Mugabe was better off than ED. So they do everything within their power to frustrate any effort to progress.
How can a country run out of flour. It is not like you woke up in the morning and find the silos empty. There was always a sign which shows that flour is finishing. Why was that ignored. The whole nation to wake up in the morning and find the silos dry is pure inefficiency and needs to be investigated. There is no official statement from the minister. The powers are Silent for how long.

The black market can be stopped but no serious sufficient action is being taken.
A very simple way to arrest these saboteurs is to arrest the cash pusher on the street. Check the serial number on the currency he is selling. Then ask reserve bank to follow the trail until the perpetrator is arrested. Many culprits are walking with their chests out. They are untouchables.  Why. Why are we so soft.  How long can we as a nation sit and watch this rot and decay consuming our nation.

Fuel shortages are man made and can be man stopped. At every Service Station there is a black market in fuel flourishing.  In all cases. I mean all cases the petrol attendant is the one who directs you to the black market. The logical suspicion is that the fuel stations withold the fuel   And keep it for black market. There is no government official condemning it. Why?????   

 the national mood after the elections is sombre. They had seen it all before. And just like after previous elections, they have to carry the cost of corruption. We  might refuse to accept it but Zimbabwe's primary problem is political. We have people with misplaced allegiance who are pulling all government efforts down.

The seeds were sown well before the arrival of the current political dynamics, whose effect has been to worsen it. We have a problem of bad politics and atrocious opposition which is excited to see the country suffer. We have a government which is not listerning. We are cursed as a nation. Are we???!   The current set of problems and the current economic strife is the tip of the ice bag.

It is only the latest manifestation of bad politics and bad governance.    
The new administration should at the very least name and shame beneficiaries of the Black market And money horders who are protected. More importantly, the government should demand repayment from those thugs and those puting the government in a bad shape. They are still alive and they should take responsibility for their deeds. The industries which we are protecting is the very one which is punishing us. Protecting the industry is feeding the criminals and the industry is not worthy the sacrifice. They are the criminals themselves.
 
The problem at the heart of Zimbabwe's economic crisis is that political elites are greedy and irresponsible. This has landed Zimbabwe in the lurch and yet they expect everyone else to carry the cross on their behalf. It is immoral and despicable.
 
The government must be serious about expanding the tax base, to achieve this it must lead by example and declare tax returns. The irony is that the public officers are exempted from paying taxes like toll-gate fees on the roads that ordinary citizens are required to pay. Many don't pay duty at the country's gateways. The "shefu" mentality means they get away with it and junior officers won't even challenge them.
 
This is why the political elites lack the moral authority to demand payment from ordinary citizens when they themselves don't even pay taxes. It's a culture that must change but it requires leaders who are prepared to take responsibility.     
 
This is the reason why there is a flourishing black market in which traders are doing brisk business buying and selling currency. Now, as in 2008, there is a lot of corruption, with rent-seekers among the politically connected running large networks in the black market while getting foreign currency on the cheap from the official sources. Even then, the government continues with its vacuous gospel against corruption, which only is speech we will not get out of this problem until we see real action. Until somebody starts acting.

Vazet2000@yahoo.co.uk

Join Bulawayo24 Online Community
Source - Dr Masimba Mavaza
All articles and letters published on Bulawayo24 have been independently written by members of Bulawayo24's community. The views of users published on Bulawayo24 are therefore their own and do not necessarily represent the views of Bulawayo24. Bulawayo24 editors also reserve the right to edit or delete any and all comments received.

Subscribe

Email: