Tuesday, 25 September 2018

"Economy will grow by 6%" says Minister Ncube (Tsvangirai mark 2) - not until there is political change P Guramatunhu

"Zimbabwe will be joining the group of six countries which have the fastest growing economies with a growth rate of six percent per annum which comprise Rwanda, Ghana, Tanzania and Ivory Coast," said Prof Ncube.

"We have a policy direction in terms of our visions. President Emmerson Mnangagwa has launched vision 2030 which will drive the country to a middle-income economy with an income per capita of $3,500 by year 2030 through the pillars of stronger governance transparency, macro stability, inclusive growth infrastructure investment and social development."

Only 6%? Given how far down the country has sunk already, 6% economic growth rate is nothing. The GNU managed to achieve 12% growth rate in 2009 just by abolishing the Z$ and scrapping the ill-advised price controls.

The GNU failed to achieve sustained economic recovery because government failed to address the other key issues such as ending corruption and all the issues relating to bad governance. The GNU failed to get even one democratic reform implemented and thus confirming that Zimbabwe was still a pariah state and so no investors came into the country and so the companies continued to close down.

By rigging the recent elections, Zanu PF has once again send out the message that Zimbabwe is still a pariah state ruled by vote rigging thugs. It is shocking that Minister Ncube still cannot get his head round this key political reality.

Power can be as intoxicating as alcohol or cocaine and many, many individual have complete lost their heads the minute they get a taste of holding high public office.

The late Morgan Tsvangirai had his head in the clouds ever since the day he was sworn in as Prime Minister in February 2009. He was not one to listen to anyone as the USA ambassador to Zimbabwe, Chris Dell, noted in 2004. Tsvangirai “was a flawed and indecisive character and not given to listening to good advice” said the ambassador then. Prime Minister Tsvangirai listened to no one!

In June 2009 Tsvangirai visited western countries like UK, Germany and USA, he was the first African leader to meet America’s new President, Barack Obama. His mission was to persuade the West not only to lift the targeted sanctions against Zanu PF leaders but had nation-size begging bowl to collect the large donations needed to bankroll Zimbabwe’s economic recovery.

The western leaders send Tsvangirai back home with an empty begging bowl; they told him Zimbabwe was still a corrupt pariah state. They ignored Tsvangirai’s assertion that Mugabe had changed. “He is a democrat, I know because I have tea with him every Tuesday!” he insisted.

Indeed, whilst Tsvangirai was visiting there were reports of fresh white-owned farm invasions by Zanu PF thugs; just to prove Tsvangirai was talking nonsense!

In Minister of Finance, Mthuli Ncube, it is clear we have yet another Morgan Tsvangirai. Like Tsvangirai, Ncube has his head in the clouds he is not listening to anyone else. He is simply not listen to the simple reality that by rigging the elections President Mnangagwa has just confirmed that Zimbabwe is still a pariah state. The flood of investors will never happen because investors do not do business with vote rigging thugs!

It is not enough to say “Zimbabwe is open for business!” when the country remains a pariah state whose next regime change is either another military coup or violent street protests. Zimbabwe must embrace genuine political change designed to dismantle the de facto one-party dictatorship and replacing it with a healthy and functional democratic system of government. Only then will Zimbabwe be truly open for business and only then will it achieve 12% plus economic growth rates. 

7 comments:

Patrick said...

One of the conditions for lifting the sanctions was for Zimbabwe to hold free and fair and that did not happen. The sanctions must surely remain in place until there are free and fair elections.

By failing to hold free and fair elections this regime is, per se, illegitimate and it must be pressured to step down. If Zanu PF remain in power until 2023 the party will rig those elections too!

When we say we want free and fair election we must show we mean it by punishing those who rig elections. Zanu PF must not be allowed to get away with rigging this year's elections!

Zimbabwe Light said...

Does Minister Ncube really believe investors would want to invest in a pariah state just because he, Mthuli Ncube, is Minister of Finance and nothing else matters! This is the big headed naivety that leads to the creation of tyrannical regime!

Zimbabwe Light said...

You are the one who rigged the elections for Mugabe so you do not need "to imitate Mugabe" in that area; you only need to carry on which is exactly what you did!

The people of Zimbabwe are desperate for a competent and accountable government after 38 years of corrupt and vote rigging tyrannical regimes! You are illegitimate and the biggest mistake the nation can make is allow you to get away with this!

Zimbabwe Light said...

"Zim s per capital income is $890 ,UN country statistics. The AfDB puts same at $840 and the World Bank using the Atlas method places our GNI at @$840.Those who rig elections have now jigged this figure to $1500.It's one thing rigging an election , it's another rigging an economy," Biti tweeted.

That is very true Tendai Biti but we must never ever forget that if you and your fellow MDC member had implemented the democratic reform during the GNU you would have stopped Zanu PF rigging elections for all time. You had five years to do this and failed to get even one reform in place. We are in this mess because you sold-out!

Zimbabwe Light said...

I am one of the many people who was pleased with the appointment of Professor Mthuli Ncube, I expected him to be the star to light up the many brain-dead members in the Zanu PF government. It is now clear that he is just one big mouth with lots of book knowledge but very little common sense.

Now I can see why his bank project flopped, he did not have the common sense to realise that his bank would never succeed in a country where every other business is failing.

I agree, in Minister Ncube we have Tsvangirai mark 2, the nation is going to be dragged into making many sacrifices only to be disappointed after two three years. There foundation for meaningful economic recovery has not been laid and instead of listening and making sure that is done the village idiot thinks he knows best and is ploughing on ignoring the warning.

He is building a two or three storey building on a foundation that is not even good enough for a single storey building. The building will start cracking before it is even complete and Minister Ncube will paper over the cracks and carry on. It is just a matter of time before the whole building collapses and all the sweat, time and treasure would have been wasted!

Zimbabwe Light said...

The vote rigging hero!!!! Nonsense! How can the UN considers some one who has made a career of denying millions of his fellow Zimbabweans a meaningful say in the governance of the country a hero. This is fundamental right in the UN Declaration of Human Rights. Someone at the UN should make it a point of giving Mnangagwa a copy of the declaration!

"ED receives hero's welcome at UNGA!" Yeah right!

Zimbabwe Light said...

@ View Matopo

Biti himself has also taken every opportunity to exult himself as the best Finance Minister, Zimbabwe has ever had since independence. This view has been left unchallenged for some time now.

The recently announced per capita income rise of 60 per cent has rattled Biti.

Biti a lawyer by profession took to twitter dismissing revelations by President Emmerson Mnangagwa that the per capita income in the country had increased in the last eight months since he first assumed office from US$900 to US$1500.

Wars make heroes my friend. The greater the war, often measured in terms of the number of people died and value of property destroyed, the greater the heroes!

Tendai Biti was appointed Minister of Finance at the time when the Zimbabwe economy had sunk to new frightening depths; inflation had soared right up into the stratosphere at 500 billion percent, shop shelves were empty and those who had any money were doing all their shopping outside Zimbabwe, local companies were closing and unemployment soar to 90% and never recovered during the GNU and to this day, etc.

The Z$ was scrapped and the ill-advised price controls were scrapped to and these two policy changes alone brought some sanity and stability in the Zimbabwe economy. People had faith in the money and trading resumed. The Zimbabwe economy grew 12% in 2009 compared to - 6% the previous year!

So thanks to Zanu PF's decades gross mismanagement and rampant corruption that forced the total economic meltdown to world record levels even the most modest common sense measures were bound to make spectacular difference and they did. Tendai Biti was the Minister of Finance at the time and will receive the accolades! He has and has never gloating about his achievements ever since!

The irony is that the MDC's main task in the GNU was to implement the democratic reforms designed to stop Zanu PF rigging future elections. They failed to get even one reform implemented in five years. Not one!

Why? The answer is there; they sold-out. Mugabe entrapped them with the gravy train lifestyles and they kicked reforms into the prickle pear thicket! "MDC leaders were busy enjoying themselves during the GNU, they forgot why they were there!" remarked one SADC leader in disgust!

Whilst Tendai Biti, Eddie Cross, David Coltart and many other MDC leaders have gloated at every opportunity about their own individual and MDC achievements during the GNU they have been as silent as the grave when it comes to implementing the reforms. Of course, they know the sold-out!

The only reason why MDC leaders are still blundering on the political stage is because the MDC supporters have no clue what GNU was really about and how Tendai Biti et al sold-out. There was no food in the shops before the GNU there was food after the GNU; that is good enough for the wildebeest MDC supporters! More than enough!

If Zimbabwe is ever going to get out of this hell-hole Zanu PF has dragged us into, the electorate will have to snap out of this wildebeest mentality and start thinking like rational human beings!