Opinion / Columnist
A sad Christmas present from clueless Mthuli Ncube
02 Dec 2023 at 05:39hrs | Views
The just presented 2024 budget by Prof Mthuli Ncube has left Zimbabweans in shock. This is the worst budget ever produced by minister of Finance since independence and the colonial era.
It has shown that the country currently does not have sound leadership but a well organised and oiled looting syndicate which is always pouncing on the vulnerable and marginalised people in the society.
According to Economics, there is no country which has developed through heavily taxing its own people.
It is very important for the country to strike a balance between taxation and economic growth.
We all know that one of the primary causes of the first Chimurenga was the introduction of this Hut Tax- a tax imposed by colonial authorities on dwellings or households. Today in Mthuli Ncube's budget we are witnessing the same modus operandi. The 'Mansion Tax' must fall and be resisted and rejected. This is daylight robbery.
This budget leaves a lot of already burdened consumers scrounging for the little left overs. It actually pushes the majority who are swimming in deep poverty and plunging them into the deep end of economic quagmire. This 2024 budget is a scam.
A lot of people in Zimbabwe are already choked by poor economic performance and to add salt to an injury the government sees it fit to punish the same economically bruised citizens.
Mnangagwa's government is no different to Malawian Chakwera's. The young people are not employed and cannot get jobs. The only option which is there is to run away. Mthuli and his accomplices saw an opportunity to raise the passport fee from $120-$US200 which is so ridiculous. They want to capitalise on massive exodus of the people who are leaving the country in their droves by charging them such an exorbitant fee.
The increase in toll gate charges, passport fees, duty on soft drinks, vehicle registration, fuel levy are just insane and unnecessary. In other words the government has failed to create economic zones to boost its own economic purse.
Like what the Governor of Zimbabwe's central bank, Dr John Mangudya has said publicly that Zimbabwe has totally failed to attract Foreign Direct Investment and now focusing on shifting the burden on poor Zimbabweans.
In the next five years most Zimbabweans will be poorer than before. People have been squeezed like the little toothpaste left in the tube when one wants to brush their teeth. It is really criminal to celebrate on this budget.
The mistake Zimbabweans did in November 2017 was to allow inexperienced Mamvura to drive the bus. Next time do not allow Mamvura to drive the bus again because all the passengers will die through speeding and poor driving skills.
Email - konileonard606@gmail.com
Twitter - @Leokoni
It has shown that the country currently does not have sound leadership but a well organised and oiled looting syndicate which is always pouncing on the vulnerable and marginalised people in the society.
According to Economics, there is no country which has developed through heavily taxing its own people.
It is very important for the country to strike a balance between taxation and economic growth.
We all know that one of the primary causes of the first Chimurenga was the introduction of this Hut Tax- a tax imposed by colonial authorities on dwellings or households. Today in Mthuli Ncube's budget we are witnessing the same modus operandi. The 'Mansion Tax' must fall and be resisted and rejected. This is daylight robbery.
This budget leaves a lot of already burdened consumers scrounging for the little left overs. It actually pushes the majority who are swimming in deep poverty and plunging them into the deep end of economic quagmire. This 2024 budget is a scam.
Mnangagwa's government is no different to Malawian Chakwera's. The young people are not employed and cannot get jobs. The only option which is there is to run away. Mthuli and his accomplices saw an opportunity to raise the passport fee from $120-$US200 which is so ridiculous. They want to capitalise on massive exodus of the people who are leaving the country in their droves by charging them such an exorbitant fee.
The increase in toll gate charges, passport fees, duty on soft drinks, vehicle registration, fuel levy are just insane and unnecessary. In other words the government has failed to create economic zones to boost its own economic purse.
Like what the Governor of Zimbabwe's central bank, Dr John Mangudya has said publicly that Zimbabwe has totally failed to attract Foreign Direct Investment and now focusing on shifting the burden on poor Zimbabweans.
In the next five years most Zimbabweans will be poorer than before. People have been squeezed like the little toothpaste left in the tube when one wants to brush their teeth. It is really criminal to celebrate on this budget.
The mistake Zimbabweans did in November 2017 was to allow inexperienced Mamvura to drive the bus. Next time do not allow Mamvura to drive the bus again because all the passengers will die through speeding and poor driving skills.
Email - konileonard606@gmail.com
Twitter - @Leokoni
Source - Leonard Koni
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