Opinion / Letters
Open Letter - My 2c advice to H.E E.D and Hon. M. Ncube
14 Oct 2018 at 20:06hrs | Views
Dear comrades
Well i trust you will find time to read and consider my sincere advice to you.
I'm not an economist or a financial guru but i think my 2c advise will wipe out the prevailing black market aka siphatheleni. First there is need to identify the root or source of the hard currency and make sure that whoever gets it irrespective of source must have a bank account into which the hard currency must be religiously deposited and withdrawn as and when it is needed for purposes of doing business not hording or speculation. The banks, RBZ included must stop trading in foreign currency.
The miners including the artisanal miners must have their money deposited into their accounts. The artisanal miners are the major source of foreign currency trading followed by those who receive money from the diaspora. These people must have bank accounts and must have access to their money as and when needed but for purposes of legal trade.
Finally our industries must be competitive, highly productive and loyal. Needless to say the government must adopt strictly zero tolerance to corruption and perpetrators must be face the full wrath of the law irrespective of political affiliation. Infact in this regard zanu pf cadres must lead by example.
Patriot
Munya Shumba
Well i trust you will find time to read and consider my sincere advice to you.
I'm not an economist or a financial guru but i think my 2c advise will wipe out the prevailing black market aka siphatheleni. First there is need to identify the root or source of the hard currency and make sure that whoever gets it irrespective of source must have a bank account into which the hard currency must be religiously deposited and withdrawn as and when it is needed for purposes of doing business not hording or speculation. The banks, RBZ included must stop trading in foreign currency.
The miners including the artisanal miners must have their money deposited into their accounts. The artisanal miners are the major source of foreign currency trading followed by those who receive money from the diaspora. These people must have bank accounts and must have access to their money as and when needed but for purposes of legal trade.
Finally our industries must be competitive, highly productive and loyal. Needless to say the government must adopt strictly zero tolerance to corruption and perpetrators must be face the full wrath of the law irrespective of political affiliation. Infact in this regard zanu pf cadres must lead by example.
Patriot
Munya Shumba
Source - Isaac Nkomah
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