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The concoction of reckless measures applied in Zimbabwe only serve to worsen it further. A financial system in hyper-inflation badly needs shock therapy. How do you achieve economic turnaround when even the supply side is hardly active?
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It never ceases to amaze when bad policies are created to promote black market arbitrage then all of a sudden the shortage of fuel, household goods and other vital commodities is blamed on economic saboteurs.’
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I don’t see any wisdom in fanning hatred for international donors and investors, which rabid Zanu (PF) pit bulls continue at their own careless volition. Zimbabwe frantically needs to be a magnet for foreign financiers for it to recapture its former status of being the bread basket of the region and stand proud on the world arena of interconnected economies
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Our monetary authority too strangely believes in playing poker with the financial system. One would not be wrong to think that Gono is actually the linchpin in this whole circus about our paltry foreign reserves being unscrupulously carted away and stashed in Swiss banks.
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We have enough resources. What we lack though is a responsible and accountable administration. – JUSTICE, Johannesburg