Brace for tough 2014

HARARE - Zimbabweans will have to brace up for tough times next year if the prevailing economic conditions are anything to go by.

With the economy almost on its knees owing to mismanagement by the Zanu PF government, key among them, the lack of investor confidence, and the liquidity crunch which has seen hundreds of companies close down, Zimbabweans need a miracle to survive the year ahead.

This is because we find ourselves getting into the new year at a time when some banks are failing to remit depositors’ funds on demand.

Delivery of social services has taken a turn for the worse with service providers like Zesa Holdings, predicting the situation will get worse.

Several manufacturing companies which closed down this year cited erratic power supply and the liquidity crunch as some of the reasons they closed shop.

Zanu PF which received a fresh mandate to form a new government after claiming a landslide victory in the disputed July 31 elections, has promised to turn around the situation through their economic blue print, the Zimbabwe Agenda for Sustainable Socio-economic Transformation(Zim Asset).

Zim Asset, borrowed from the Zanu PF election manifesto and has since been adopted by government and will run until 2018, will focus on food security, social services, poverty eradication, infrastructure development and mineral extraction among others.

But economists say its chances of success are very slim as it neither has a time frame nor budget.
We wonder how Mugabe and his Zanu PF party will be able to make good on their promises of growing the economy, creating jobs and ensuring real economic empowerment for the 13 million inhabitants.

What baffles the mind the most is how so-called visionary leaders who are likened to the proverbial messiah as we report elsewhere in this publication, can afford to go on holiday when the country is hit by hard times.

Our earnest prayer has always been for God to grant us a leadership which truly understands what it means to be a servant of the people.

If we had such a leadership, President Robert Mugabe, would consider cutting short his holiday to attend to the problems which are threatening to bring the economy on its knees.

Mugabe has so far shown that he has no interest at all in tackling the country’s economic problems judging by his speeches at the Zanu PF conference early this month where he decided to dwell on trivialities instead of real issues affecting the people.

Comments (4)

its not only the interest that lacks from mugabe but capacity and mandate

hapson - 30 December 2013

its not only the interest that lacks from mugabe but capacity and mandate

hapson - 30 December 2013

I agree with you Hapson. Mugabe has an interest [morsels of it] but the man and his cronies have NO clue. Actually, they have discovered it is easier to PLUNDER whiteman's farms, diamonds and parastatals than it is to BUILD an economy. We are ruled by fools.

Rejoice Ngwenya - 30 December 2013

what do you expect from old, retired minds. mugabe and his cronies have no iota of interest of addressing the socio-economic problems bedevelling the country. imagine one going on holiday before solving the problems at home. Indeed we are being ruled by foooooooooooooooools

tk - 30 December 2013

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