President Robert Mugabe
As PDP we have continually warned that ZANU (PF) has no solution to this disaster which they have manufactured over the last 36 years. What they have been successful at, is to continually lie to Zimbabweans and create false hope that the economy is on the mend while diverting our attention to their endless internal succession battles which benefit nobody but Mugabe.
Zimbabweans from all walks of life can no longer be duped by ZANU (PF) and are saying enough is enough. We at PDP fully support them in their quest for substantive change. We stand ready to reinvent Zimbabwe and offer sustainable and well informed solutions to attract investments and create jobs because that is the only way out of this quagmire.
Zimbabwe is now at the bottom of the rung in Africa when it comes to GDP growth and we expect negative growth to continue for the rest of 2016 due to continuing cash shortages and the corruption which is now being exposed daily. The country risk perception continues to increase each day as long as Mugabe holds onto power and this is creating negative perceptions to potential investors and/or traders.
Zimbabwe has become the poorest country in Africa, thanks to Mugabe who has become the modern Vasco Da Gama but with nothing to offer anyone whether in Zimbabwe or in Africa. He has blown $80 million travelling like a man who has no home and that money could have been put to better use to alleviate the suffering of ordinary Zimbabweans.
As he travels all over the world proffering moribund ideas to international problems, he appears oblivious to the fact that his Ministers are busy looting, as recently admitted by Samuel Undenge, who actually sees looting as normal by defending his profligacy and saying that all of them ministers are doing it anyway. That is now their core business because they know their time is up.
The pending introduction of worthless bond notes by the RBZ is a foolish attempt to address the symptoms of a cancer which has spread and has become terminal. As we continually stress at PDP, you cannot address productivity and structural issues through monetary policy and you cannot build confidence overnight. You cannot build castles in the sand and expect them to last.
It was easy for ZANU (PF) and Mugabe to destroy our economy but it is never easy to re-build it, especially when you still leave the very culprits who destroyed it in power.
The RBZ has done enough damage already by announcing the idea of bond notes prematurely before doing their homework. Speculation of all sorts is now rife as those who have US$ are now “selling†them at a premium, while shops have already re-priced their goods in anticipation of shortages due to a clamp down on imports.
In addition those with money outside the country are holding back and will not bring it back into the country any time soon. On the other hand, businesses are now banking as little as possible locally to avoid being limited by the RBZ on how much, where and on what they can spend their money. That is a normal reaction by the market place to exchange controls.
As PDP, we are saying that the de facto foreign exchange controls suggested by the RBZ are the wrong policy measures at the wrong time for the wrong reasons. Exchange controls never work well alone to increase liquidity but always work in the opposite direction.
The message is clear-Zimbabweans do not want Mugabe’s bond notes they want him to go. Our youths are clearly fed up, and they have every right to be. We all want fresh brains at State house and a new approach to both politics and economics if we are to re-invent Zimbabwe.
We once again insist on the establishment of a National Technical Transitional Council (NTTC) now to arrest the situation and get Zimbabweans out of the streets and pubs and back to work. We also insist that Mugabe resigns immediately as he has nothing more to offer Zimbabweans.
Another Zimbabwe is possible!
Vince Musewe
Secretary for Finance and Economic Affairs
Post published in: Featured
“As PDP we have continually warned that Zanu-PF has no solution to this disaster which they have manufactured over the last 36 years,†Vince said.
Well he is lying because until recently he is the one who has argued that we should give up the demand for democratic change leading to free and fair elections because Mugabe and his Zanu PF cronies will never concede to those demands because they know they will never win free and fair elections. The right to a meaningful say on who rules Zimbabwe is not a privilege or a favour that can be granted to some and denied to other at the political whim of a corrupt, incompetent, vote rigging and murderous tyrant.
To give in to such whimsical diktats of a mentally deranged thug is downright stupid and a betrayal of the common people and the millions people who have suffered and hundreds of thousands who lost their very lives fighting for freedom, human rights and human dignity.
Whilst it is true that Mr Musewe was not a member of the MDC who sold-out on implementing the democratic reforms during the GNU he has since forcing forces with these corrupt and incompetent sell-outs. He has pointedly refused to condemn the MDC leaders for betraying the nation but, worse still, has argued the nation to embrace these sell-outs as the nation’s saviours.
Musewe has misled the people of Zimbabwe by joining Tendai Biti, Morgan Tsvangirai and all those who have deliberately informed the people, especially those not able to see the wood from the trees for themselves, that the nation can get out of the hell-hole Mugabe has dragged the nation into by forming a coalition, implementing wishy-washy electoral reforms, staging street demonstrations, etc., just to avoid the difficult task of demanding and implementing the 2008 GPA democratic reforms. People like Musewe have become the purveyors of false hope and deceit!
Mr Musewe has joined the bandwagon of the typical Zimbabwean politician who will lie, cheat, sell their own mothers and be proud they had a mother to sell, absolutely anything just to secure a seat on the public office gravy train! He is using his intellect to impress the naïve and gullible public just as other intellectuals like Professor Jonathan Moyo have done in his UZ days but only to cast off his sheep skin coat to show the heartless and mean turn-coat wolf we now know him to be.
Zimbabwe has certainly more than her fair share of intellectual sell-out preying on their own people like a wolf in sheep clothing. Mark my words; Vince Musewe is one such wolf in sheep clothing!