Why are we poor?

poorWith an unemployment rate of about 90%, Zimbabwe is a sad story within the SADC region and indeed, in Africa as a whole. We are poor but our nation is blessed with incredible natural resources and riches.

Why then are we poor? Ask Zanu (PF) and they will tell you that we are in this pathetic state because of so-called illegal sanctions imposed by Britain and her Western allies in response to the ”land reform programme”. What errant nonsense! We are in this state of poverty and socio-economic trepidation wholly because of Zanu (PF)s poor governance – a system of government that rewards mediocrity and incompetence. A system of government where looting of public resources is celebrated as the hallmark of indigenisation and black economic ”empowerment”.

Zimbabwe became a pariah state wholly because of unprecedented misgovernance and massive looting of state resources by Zanu (PF) functionaries. These are people who perfected the ”art” of looting public assets from ZUPCO, the GMB, the NRZ and now the diamond fields of Chiadzwa.

All state-owned companies were mercilessly stripped of their assets to such an extent that a parastatal like ZUPCO, which was very organised and as efficient as any other public transport operator in the developed world at independence in 1980; is now just a shell with a few ramshackle buses operated by a thoroughly demotivated staff.

Post published in: Opinions

Leave a Reply

Your email address will not be published. Required fields are marked *