Monday 3 June 2019

"Must reintroduce a real market economy" to solve Zim's problems - but even more so in politics. W Mukori



"Over the past 39 years of Independence we have created a network of corrupt individuals and organisations that has involved the decision makers in Government and in many parts of the private sector and which has been able to syphon off from our economy perhaps as much as US$120 billion," admitted Eddie Cross.

"How do we deal with the malady – I would like to follow Jerry Rawlings example; when he took over in Ghana, he had the Police arrest 15 major and well known corrupt people, took them down to the beach and had them executed in front of a crowd of 15 000 people."


So Eddie Cross now admit that corruption is a serious problem in Zimbabwe and that it has sucked the life blood out of the nation’s economy. He even admits on the need to have free, fair and credible elections as one way of  removing the corrupt and incompetent leaders.

“Firstly, there has to be a commitment to eliminating the worst forms of corruption in our society from the very top. If the President and his Cabinet do not exhibit such a commitment in lifestyle and in practice, then little can be done except vote in the next election, if that means anything,” he said.

What he has conveniently refused to acknowledge is that Mnangagwa and Zanu PF rigged last year’s elections. Mr Cross and all the opposition parties and candidates who participated in last year's elections have all to the man and woman accepted the elections as having been free, fair and credible and the ZEC declared results as correct and legitimate. All candidate that is except Nelson Chamisa.

Chamisa accepted the election process as free, fair and credible and results of the parliamentary race but not the presidential race. Everyone else condemned the elections because the process was full of flaws and illegalities.

"The electoral commission lacked full independence and appeared to not always act in an impartial manner. The final results as announced by the Electoral Commission contained numerous errors and lacked adequate traceability, transparency and verifiability. Finally, the restrictions on political freedoms, the excessive use of force by security forces and abuses of human rights in the post-election period undermined the corresponding positive aspects during the pre-election campaign. As such, many aspects of the 2018 elections in Zimbabwe failed to meet international standards," said the EU Election Observer Mission in its final report. 

What Chamisa is doing is cherry picking; he is refusing to accept Mnangagwa as legitimate but only to force the later to concede a gravy train seat for himself!

"But the real answer, which would be fast and efficient with immediate benefits would be just reintroduce a real market economy – across the board," argued Cross.
"For example, if we introduced a few simple rules to the Interbank Market for foreign currency and created a real, transparent, open market operated by the Banks under supervision and insisted that all foreign currency transactions in the formal sector go through that process, I can assure you that the market would establish itself as the determinant of the value of local currencies in all other currencies – just as it does in every other economy in the World."

How naive! You cannot trust corrupt and incompetent tyrants to implement free market rules when they believe they are special and above the law. After 39 years of trying and failing to make a free market economy work regardless of the reality of country being ruled by a corrupt and tyrannical dictatorship. How many more years are you going to let this madness continue?

As long as Zimbabwe remains a pariah state ruled by corrupt and vote rigging thugs the country will never attract investors and lenders.


Free market forces work in the economy but the same concept works in politics too, it is called democracy. We need to dismantle the Zanu PF dictatorship by implementing the raft of democratic reforms Mr Cross and his MDC friends failed to implement during the 2008 to 2013 GNU and thus guarantee free, fair and credible elections.


The trouble with people like Eddie Cross and Professor Mthuli Ncube is that they KNOW Zimbabwe is a pariah state but rather than deal with that reality, they pretend that it is healthy and functioning democracy. So the nation is going through this hell of austerities but will gain nothing because these measures will only work in a healthy and functioning democracy!

4 comments:

Zimbabwe Light said...

@ Mapamba

“Don’t you get fed up of peddling this bull ...i m really beginning to enjoy the part were you say "as long as we remain a pariah state ruled by vote rigging thugs ". This line is overused by these paddlers of conspiracy theorists acting as agents of the enemy.”

Even you cannot deny that Mnangagwa’s “Zimbabwe is open for business!” has failed to attract new investors. Zimbabwe’s economic meltdown is getting worse and not better. Zimbabwe’s economic situation is serious and is not sustainable; the Zanu PF regime knows that and hence the reason the regime has deployed the Police, Army and its party thugs.

Events in far away countries like Sudan are making Mnangagwa et al as nervous as a cat walking on hot ground!

Zanu PF rigged last year’s elections and the only way out is for the regime to step down. The political dialogue both Chamisa and Mnangagwa keep wittering about are a waste of time because as long as Zanu PF remains in power the country will still be a pariah state.

Change is coming and there is nothing you or Mnangagwa can do to stop it! I am here to proclaim the coming change and enjoy making you sweat worried sick of the coming change and where it will leave you!

Zimbabwe Light said...

The ZRP is on a mission to raise awareness on the dangers of participating in Nelson Chamisa's planned mass protests.

A sleek Ford Focus was blurting out messages from a loud hailer while leading an armoured police convoy comprising two water cannon carriers and an armoured police truck, packed with police squads.

Mnangagwa’s “Zimbabwe is open for business!” is dead in the water; no investors and lenders were ever fooled into believing any of the regime’s lies. Zimbabwe is still a pariah state ruled by corrupt, incompetent and vote rigging thugs and investors have voted with their feet, they have stayed away.

Zimbabwe’s economic meltdown has left 90% out of work and millions now live in abject poverty. The situation is socially, morally and politically unsustainable. If the regime thinks the threat of brute force will be enough to force the people to suffer and die in silence like sheep then the regime is mistaken. Human beings are not sheep! It is just a matter of time before the dammed anger of the people of Zimbabwe finally burst out and sweep the regime and its thugs away.

Change is in the air, Mnangagwa has every reason to worry about what is happening in Sudan - Omar Al Bashir never thought he would ever be forced out of office, until he was forced out. Deep down, Mnangagwa knows that the day is coming when he too will be booted out of office.

Patrick said...

I agree, anyone who thinks that this Zanu PF regime will get us out of the mess we are in is naive. It is a great pity that we have wasted the many chances we had to implement the democratic reforms and end the Zanu PF dictatorship. If the truth must be said, it is naive to think that Tendai Biti and his fellow MDC friends will ever get us out of the mess - they are the ones who wasted many of the golden chances!

Patrick said...

Gene told Reuters that implementing fiscal and monetary policy reforms, including the removal of exchange restrictions to stabilise the exchange rate and inflation, would be hard without external funding and after a severe drought.

At 75.86% in April, Zimbabwe’s inflation is still nowhere near the 500 billion% reached during the hyperinflation era of 2008. But the consumer price index is at its highest in a decade and eroding incomes and savings.

Zimbabwe increased the price of fuel by nearly half last month, the second increase since January, angering citizens battling with soaring prices of basic goods.

As inflation soars, the new RTGS dollar that was introduced in February continues to weaken. The currency was trading at 8 to the dollar on the black market compared with 5.52 on the official interbank market.

The local currency has now depreciated by 91% on the black market and 121% on the official market since its introduction.

Well Finance Minister Professor Mthuli Ncube believes this is all possible. He is saying inflation will be below 10% by the end of this year. The Minister has made so many claims only to be proven wrong I have lost confidence in him and so has many other people. The man talks too much and most of it is rubbish!