Opinion / Columnist
We need new leaders, not new notes
08 Apr 2022 at 08:59hrs | Views
THE country's inflation continues spiralling under President Emmerson Mnangagwa's government and the introduction of a $100 note by the central bank will see the local currency plunging into economic abyss.
The centre is not holding. If we really had the strongest currency, surely we wouldn't be introducing a higher denomination annually.
The country's economy is again spiralling downwards without any hope of recovery. Finance minister Mthuli Ncube is always blowing hot and cold and does not even have an iota of idea on how to fix the problem.
The biggest scam of our generation was to believe that Ncube was the best candidate for the Finance portfolio. The so-called strongest currency has become a curse to the nation. The appetite for looting the country's resources is out of this world.
All these economic challenges we are facing today were authored by this bogus government that is masquerading as the Second Republic. It's unfortunate that we are slowly being thrown to the deep end of former Reserve Bank of Zimbabwe Gideon Gono's hit and run economic policies. There are no signs of life in the economy. There are not even plans to set aside money to refurbish or modernise our dilapidated infrastructure and hospitals around the country. Some of our hospitals were built during the Ian Smith era and are in a sorry state.
The economic crisis does not listen to party sloganeering, neither is it moved by party regalia, it needs a leadership which puts all the hands on the deck and confront the challenges. It does not need political hallucination from the likes of Obert Mpofu, who say Zanu PF would never surrender power, and would rule forever. It is not about introducing new notes, but about introducing new inclusive policies through em-bracing other people's ideas and building a strong democracy that instils confidence on the market.
The Zanu PF government has no capacity to steer the country out of the abyss and make it an economic powerhouse. This government is averse to stability. Zimbabwe has a lot of emerging vibrant leaders fit for global hegemony, but the country is be-ing dragged backwards by political leaders who think they hold the right to the title deeds to this nation.
The centre is not holding. If we really had the strongest currency, surely we wouldn't be introducing a higher denomination annually.
The country's economy is again spiralling downwards without any hope of recovery. Finance minister Mthuli Ncube is always blowing hot and cold and does not even have an iota of idea on how to fix the problem.
The biggest scam of our generation was to believe that Ncube was the best candidate for the Finance portfolio. The so-called strongest currency has become a curse to the nation. The appetite for looting the country's resources is out of this world.
All these economic challenges we are facing today were authored by this bogus government that is masquerading as the Second Republic. It's unfortunate that we are slowly being thrown to the deep end of former Reserve Bank of Zimbabwe Gideon Gono's hit and run economic policies. There are no signs of life in the economy. There are not even plans to set aside money to refurbish or modernise our dilapidated infrastructure and hospitals around the country. Some of our hospitals were built during the Ian Smith era and are in a sorry state.
The economic crisis does not listen to party sloganeering, neither is it moved by party regalia, it needs a leadership which puts all the hands on the deck and confront the challenges. It does not need political hallucination from the likes of Obert Mpofu, who say Zanu PF would never surrender power, and would rule forever. It is not about introducing new notes, but about introducing new inclusive policies through em-bracing other people's ideas and building a strong democracy that instils confidence on the market.
The Zanu PF government has no capacity to steer the country out of the abyss and make it an economic powerhouse. This government is averse to stability. Zimbabwe has a lot of emerging vibrant leaders fit for global hegemony, but the country is be-ing dragged backwards by political leaders who think they hold the right to the title deeds to this nation.
Source - Leonard Koni
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