“FINANCE and Economic Development minister
Patrick Chinamasa has been invited to the Arab Bank for Economic Development
(BADEA) headquarters in Khartoum, Sudan, to tie loose ends on a possible
funding arrangement for infrastructure,” reported Newsday Zimbabwe.
The report also said the Saudi and Kuwaiti were
also interested in funding Zimbabwe.
The report did not say how much money any of
these institutions and nations were going to put in the ZimAsset begging bowl.
The present economic melt-down has for the
first time in his 34 years in power forced Mugabe to reconsider his life time
believe that there was a mountain of money and wealth and his challenge was to
see how much he could spend. When you have a mountain of money to spend the
waste through such things as mismanagement and corruption regardless how
significant they become compared to what was in the pot are ignored because you
get an even bigger pot.
Mugabe has no problem borrowing $27 billion for
his ZimAsset project and thus increases the national debt nearly four-fold from
$10 billion to $37 billion it is part of his bigger pot philosophy.
Whilst most people are worried about the $10
billion debt already, Mugabe is not even bothered because his challenge is how
much he can spend; he has no intention of ever paying back.
Whilst Mugabe's challenged is a mountain of
money to spend what he is leaving for future generation is a mountain of debt
to pay back and means to pay back the debts with since most of the borrowed
money is being wasted through mismanagement and corruption.
1 comment:
@ Galante1
So since "the baboon in State house has" flaws same as everyone else are you saying he too should be allowed to stay there and continue in his corrupt and murderous ways?
Tsvangirai was elected to bring democratic change to Zimbabwe he had every opportunity to do so but failed because he is breathtakingly incompetent. The man should not be entrusted with the heavy responsibility to define the destiny of the nation; he is simply incompetent to carry out such a task. We made a big mistake to entrust him once and look what a fcuk up he made.
It is sheer folly to give him yet another chance particularly when it is clear he still does not have the foggiest idea what he is doing.
The man is good at herding goats or something equally simple; let him go back to Buhera and herd goats!
People like you are used to follow leaders like sheep. For the last 15 years you have followed someone who has turned out to be hopelessly incompetent but even with a mountain of evidence of this you cannot see it. How can you; you are sheep!
Zimbabwe is in this hell-hole because we have millions of sheep out there. They followed blindly Mugabe for decades before they would see him for the corrupt and murderous tyrant he is. To-day the sheep are following Tsvangirai and will not see him for the breathtakingly incompetent leader he is!
Years of schooling and some up to university level and yet you still lack the common sense to admit that Tsvangirai failed and that he cannot deliver the change.
Common sense, I have learnt is not a subject they teach at school or university. So it is either you have common sense or you do not. You my friend have no common sense! Your brain is a black box the light of reason no matter how bright it shines will never penetrate.
We are looking for a man or woman who will best lead the nation out of this mess. Your “let him that has no flaws cast the first stone” argument is one of the most stupid one I have ever heard to justify keeping Tsvangirai. When Jesus made that statement He did not mean to say the adulterous woman was therefore a saint since everyone is capable of sin. He told her to “Go and sin no more” to emphasise that very point that she was not a saint. But to use your stupid logic then we will have to declare her a saint for committing adultery since we are all sinners!
Yes, let us all once again entrust Tsvangirai with the important task of ending the Zanu PF dictatorship even though he has already proven to be breathtakingly incompetent to do it already because we all have flaws! How stupid is that!
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