'Zanu PF victory not detrimental to economy'

BULAWAYO - President Robert Mugabe’s Zanu PF has been rattled by the panic gripping the nation triggered by its contested victory in the just-ended harmonised elections.

The party’s Bulawayo provincial chairperson Callistus Ndlovu said growing fears which have led to some people trying to pull out of this economy are “alarmist, uncalled for and are completely subversive and anti-African.”

Speaking during a conference on Wednesday in Bulawayo where Reserve Bank Governor Gideon Gono met the Bankers Association of Zimbabwe (Baz) and the business community, Ndlovu sought to defend his party policies in reaction to Baz concern over the uncertainty of the economy in the wake of a possible return of the worthless local currency.

“I would like to say that on behalf of Zanu PF we are not stupid as to fail to see what has to be done in order to keep this economy growing,” Ndlovu told the bankers and business-people.

He said people must learn to separate election rhetoric and actual reality on the ground.

“By this I don’t mean that when people speak during election campaigns they have time to tell lies but what I mean is they sometimes try and exaggerate things,” Ndlovu said.

He added that people who believed that the victory of Zanu PF was detrimental to the future of the Zimbabwean economy were having a serious colonial hangover.

“What we have determined to assess is the fact that this country will never be a colony again and because of that certain things we do may be construed by those who believe that Africans have an incorrigible sense of slavery and therefore we always take a very dependent approach on all things depending of course on what our interests are,” he explained.

Ndlovu said the re-introduction of local currency was imminent but “there are certain fundamentals that should be made before we reach that point.”

Despite the fears caused by those he termed alarmists Ndlovu said there were some rational people who were reasonably aware of the challenges the country is facing.

He further said one way of measuring a country’s sovereignty was its ability to have its own currency.

Comments (14)

Trust ZANU PF at your won peril

Murenga Wa Marange - 9 August 2013

Trust ZANU PF at your own peril

Murenga Wa Marange - 9 August 2013

Damage has already been done trying to correct the election language is not going to help .The policies from ZANU were written in black & white also the PRESIDENT assured us that all promises will be fullfilled,The business people that came there to that meeting were mirely there to be counted for the sake of their operations in the city,On the ground they are banking in their mattresses .The major problem here is this introduction of the ZIM dollar they know that it is coming soon .So they are bracing for hard times to come in business

CASHTALK - 9 August 2013

So the zimdollar is coming very very soon, Hugh.... Mr. Ndlovu? Please tell us.Aaaaah vakomana, aikhona mhani.

theresa - 9 August 2013

Ndlovu said the re-introduction of local currency was imminent but “there are certain fundamentals that should be made before we reach that point.” This is a quote from the Zanu PF Bulawayo chairman, i just checked the meaning of IMMINENT , and this is shocking. So these sellouts are correct by running on their deposits. Can i get a comment from His Excellency regarding this statement from the BYO Zanu PF Chair.

chama - 9 August 2013

Callistus Ndlovu is right. The Zanoid victory is not detrimentsl to the economy. It is a CATASTROPHY?

Khalid Sheikh Mohamed - 9 August 2013

You would like us to believe that the people vote for you "free and fair" because they are happy with your policies & your delivery on promisses in the last 33yrs. But news of your winning triggers them to withdraw their money and plan for the worst & the stock market takes a nose dive. That should tell you something about the freeness and fairness of those elections & how untrusted you are. How did Abe put it.."You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."

Lt Gen - 9 August 2013

When a ZIMBABWEAN politician addresses a campaingn rally - all he is doing is FOOLING the electorate. For me thats the last of my vote. I really feel sorry for myself for having trusted one of my own for the past 33 years But whose agenda and intention was to impoverish me for his own personal gains. And in comes the media talking and reminding the very same people about the very same issues they have been reminding them for the past 6 elections. Both of you dont care about this nation as long as you make your buck by fooling the poor masses. Did you know the people in power and the MEDIA tend to make more money when the nation is bleeding poverty.

vaChiwaz - 9 August 2013

Next time we vote we should put a close in the constitution which says someone should have five o-levels to be able to vote .So that we have people who vote and understand the policies they are voting for.It would be interesting.

Keeprich - 9 August 2013

iam surprised by the bulawayo provincial chairperson of zanu pf who says “By this I don't mean that when people speak during election campaigns they have time to tell lies but what I mean is they sometimes try and exaggerate things,” Ndlovu said. i quote had clearly showed us how zanu lies to people giving empty promises

MUZIMBA - 9 August 2013

Next time we vote we should put a close in the constitution which says someone should have five o-levels to be able to vote .So that we have people who vote and understand the policies they are voting for.It would be interesting.

Keeprich - 9 August 2013

Even MDC can not be trusted to bring any meaningful change to zimbabwe considering the attitude of its backers. what beneficial change has been brought to iraq, afghanistan, libya and many others after the dethroning of their leaders by the so-called democratic western nations? i urge zimbabweans to take their time to reflect on past events. period

ichokwadi - 9 August 2013

ibvai pano ma c.i.o. paid to rig nekuzadza macomments pano while tichitambura. tinozviziva tinadzowo hama ma c.i.o.

Sithole Jonso - 10 August 2013

Love him or hate him. Ndhlovu represents the rational element in ZAN U PF. The rest would not even acknowledge this exagaration. We are in for a tough time ahead.

Ndaneta - 12 August 2013

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