Thursday, 12 November 2015

Khaya-Moyo blame opposition for Zimbabwe's economic woes

In an exclusive interview with Voice of America, Moyo attacked the opposition for not adding value to national development. "What are they doing themselves, are they not Zimbabweans, they should bring better polices forward."

The problem is not that the opposition is clueless and they have failed to come up with alternative economic policies. The problem is we are stuck with a regime that:

  1. believes that it alone knows what is good for the country and therefore will not listen to anyone else be they from the opposition like MDC, from industry like CZI, from the academia like Economist John Robertson, from outside like IMF, etc. Countless people have said Zanu PF’s indigenisation law is unworkable and should be scraped, for example, and the regime has completely ignored them all. 
  2. believes it is NOT accountable to the people or anyone for its failed policies. The ultimate expression of accountability is that the electorate should be able to remove a regime in a  free, fair and credible election. This is something Mugabe has expressly forbidden with his “no regime change” mantra.

So the nation has been stuck with Mugabe and his unworkable economic policies for 35 years; unable to influence their formulation much less change the regime. For 35 years the nation has suffered the ill effects of gross mismanagement and rampant corruption. The decades of gross mismanagement and rampant corruption have taken a heavy toll on the national economy and the chickens have finally come home to roost in their millions.

When Mugabe rigged the July 2013 national elections, in pursuance of his no regime change mantra; he was confident he will rig economic recovery with his ZimAsset plan. He failed to get anyone to bankroll the $27 billion plan, not even his “all weather friends” the Chinese and Russians were prepared to back the hare-brain scheme.

ZimAsset is dead in the water; Mugabe, Minister Khaya-Moyo and the rest in the regime can pretend the plan is working that will not change the reality on the ground.

The Zimbabwe economy is in total meltdown, companies have continued to close with no new ones opening to take their place; unemployment has soared to 90% plus; millions are now live in abject poverty, they cannot afford one decent meal a day; basic services like health and educations have all but collapsed; there is no clean running water and power cuts are a daily occurrence; etc.

Zimbabwe’s economic meltdown will get worse as long as Zanu PF remains in power. The present economic situation of 90% plus unemployed, millions living in abject poverty, etc. is socially and politically unsustainable. We need economic reform but for it to happen we must have political reform and end this culture of exercising absolute power with no responsibility and accountability.
There is going to be regime change in Zimbabwe and it is long overdue!!

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