Mugabe's Zanu PF must go: Economists

HARARE - With Zimbabwe's political and economic decline accelerating by the day, and President Robert Mugabe’s broke government continuing to battle to meet its obligations — including salaries for civil servants — economists say only the departure of the “financially illiterate” Zanu PF government from power can save the country from imploding completely.

In saying so, economists have now also joined growing calls for Mugabe and his party to step down from power in the interest of the country, following recent such pleas by opposition political parties, church leaders and ordinary Zimbabweans.

Veteran economist John Robertson was among those who told the Daily News on Sunday yesterday that there was now only one “sure-fire solution” left for the country to come right again, and this was “a new political administration” in power.

“Clearly, they (Zanu PF) have absolutely no idea what they are doing. They now need to step down, as not much can be done or achieved in this country as long as they are in power.

“Even children will tell you that once an organisation fails to pay workers and its overhead expenses, it goes under. But as a country, we cannot afford to go under, so they need to go,” he said.

“We all know that this government is corrupt and broke. This is why the minister of Finance has been raiding Reserve Bank of Zimbabwe accounts because Mugabe has no financial discipline, which is why he made promises regarding bonuses that now can’t be kept,” another prominent economist Vincent Musewe said.

He said if the country had been a company, Mugabe would have long been booted out both for poor management and corporate governance.

“They have manufactured this crisis and must now resign, including Mugabe who must take full responsibility as the CEO of a broke Zimbabwe.

“Our government cannot honour any of its financial obligations,” Musewe said, adding that “the only solution to the country’s plight was immediate resignation on the part of government”.

Among the latest litany of embarrassments to befall Zimbabwe’s cash-strapped government are irregular pay dates for civil servants.

In addition, one of the most crucial branches of the State, the National Prosecuting Authority, is facing eviction from its offices over outstanding rentals to the tune of $434 000.

Over and above this, Finance minister Patrick Chinamasa announced last week that outstanding bonus payments to some civil servants had been moved again, from June 3 to June 10 — with employees not receiving their 13th cheque at the close of business on Friday.

Chinamasa almost lost his job last year after he announced that the government was planning to suspend bonus disbursements until 2017 — utterances that saw a raging Mugabe humiliating his minister in public.

However, economic experts warn that Zimbabwe’s woes are set to worsen for the rest of this year, as more companies that pay badly-needed taxes to the government continue to close.

“I do not even see why we have to keep talking about this. They (Zanu PF) have failed. Because of their poor policies the banks are not giving people money and everyone is uneasy.

“We have more vendors on the streets than we have enough streets to accommodate all of them. Over 50 percent of companies have closed since 2013 and the few that are operational are operating on the brink of closure, so really, they need to go,” analyst Issis Mwale said.

According to the United Nations, the average Zimbabwean is living on about half a dollar a day — well below the poverty datum line — with many people in some cases going for days without food.

Zimbabwe has also been experiencing cash shortages in the past few months — reminiscent of the 2008 economic and political crisis — with depositors queuing for days at banks to get their little hard-earned money.

Church leaders have also recently added their voices to calls for Mugabe and Zanu PF to step down, to give the country an opportunity to revive its fortunes.

In unexpected statements that marked a radical ?departure from their quiet diplomacy towards local politics, the county’s churches also said Zimbabwe deserved leaders who had the interests of the people at heart.

Zimbabwe Heads of Christian Denominations (ZHCD) said leadership renewal was crucial for the future of the country.

“We recommend that there be a leadership renewal across the board and for increased political accountability, as well as for the executive to adhere to the rule of law for the removal of political patronage and factionalism.

“The current political landscape in Zimbabwe is characterised by polarisation, intolerance to opposing political views and ideologies, intra and inter-party fighting and succession issues, further weakening the political discourse.

“Immediate steps need to be taken by the Executive to improve the economy, reduce poverty, improve international relations, reduce, repay and restructure debt, increase the capacity to borrow, support the informal sector and create genuine wealth,” ZHCD said.

Comments (14)

Our country has an intelligence organisation that does not have intelligent people.

Sekuru Ndoronga - 12 June 2016

The simple problem about ZANUPF is that "It doesn't know, that it doesn't know"

nelson moyo - 13 June 2016

Economy is not scared of anyone,if yu step on its toes.Political shananigans dnt work in economics.Pple like Robertson should be listerned to ,not demonised.I perfectly remember one professor saying Robertson has wrinkled ideas on economy.This same professor wth his friends came up wth Zimasset,which they seem not keen on anymore.Voices of reason in zanu ,have been advocating to rootout corruption n get zanu back into line wth other liberation movements,passon the baton stick.These fellows G40 ,corrupt characters try by all means to shift focus,frm economy .They are pulling strings on the president.Its not him talking.Becoz gwara remusangano is not evident in his speaches .Bt like they say,every dog has its day, bt G40 s days are numbered.yu cannot let a goodman down.Good interntions allways succeed over evil.Is it wrong to plan for the future of our party n country?Its an offence bt not a sin?Is it a crime to love a leader,a chosen one.?or is it a crime or sin to be loved by pple.The women league love 1st lady,nothing wrong bt warvets cannot have the same love for anyother?Apa gwara remusangano rarasika or rakabiwa kare.

viola gwena - 13 June 2016

Its high time the ruling party takes advice. The stage where we are now is so pathetic and does not need people wasting their time " THANKING THOSE WHO TOOK PART IN THE MILLION MAN MARCH". I say so because it seems they are still pre-occupied with giving thanks to million men marchers when they should now be putting more effort towards stamping out corruption, sniffing out ghost workers in civil and public services, promoting conditions good for foreign direct investment through palatable policies, supporting local manufacturing companies, stopping the externalisation of cash mainly by Chinese , Nigerian, and of late Indian nationals, supporting SMEs, promoting viable and sustainable youth and women empowering projects, promoting of locally manufactured goods, reducing unnecessary imports, increasing exports of excess goods within the region, re-vamping agriculture, improving infrastructure such as road net work, evaluating performance of ministers and firing those who are lazy, stopping political violence, stopping political intimidation and harassment of any sort, loving one another, uniting, and working together as ZIMBABWEANS.

Viona Ngwena - 13 June 2016

Sick and tired of the tiring economy,action must be taken now.

military bomb - 13 June 2016

@viona ngwena,dont forget plagiarising other peoples monikers,if we all follow the way yu copy @viola maybe we could kickstart the economy kkkkkkkkkk

truth - 13 June 2016

everyone knows that zanu must go; including zanu itself!

SaManyika Chaiye - 13 June 2016

Hapana kunyeperana. Mugabe and Zanu-PF must go. We don't want to be ruled by this corrupt kleptocracy. In fact - they should go hang. And swing from a tree.

Ngavaende - 13 June 2016

This succesion isue is not such a bad thing to discus bt it shuld not take all the govenment time n energy ,especialy now.we need to focus on economy,all of us.Start wth corrupt fellows.Energy sector wth all those tenders is supposed to create 300 000 jobs,even tho those that "won " the tenders ,which r suspiciously silent on job creation.The diamond mines supposed to create around 250 000 jobs.add the 2 n yu have 500 000 workers earning an average $500,per month. Thats a lot of cash to circulate in our yu have that youngster actualy getting paid 5m n sit on the project,doing nothing.This is treasn.In other countries yu get shot for that.A whole minister gets paid for a tender?only in zim.In US life in prison.

viola gwena - 13 June 2016

clap hands for @viola ,she has seen the light go away mgabe go now .

safa ngendlala - 13 June 2016

I can't agree more that Mugabe must go now for the sake of the country. However, I don't think that we can paint the whole ZANU PF with one brush. There are those in ZANU PF who can make thinks better if Mugabe goes. Ngwena has the wisdom and pragmatism to get the country back on tract. This is why I support the call for the Oldman to go now and not wait for him to die.

Ingram Washanda - 13 June 2016

Ko iwo masoja ari kuitei muchigovt chembavha. Gudo rinonzi mugabe rakabata muzukuru at 92 rinoda kufadza kahure,kastripper zvako. nxaaaaaaaaaaaaaaaaaaaaaa

kkkkkkkkkkkkk - 13 June 2016

With an economy which is significantly informal, it is too naïve for Mugabe and his ZANU PF thugs to pronounce any economic policy, as if they are still in charge. With their illusion and obsession with illegitimate power, they think they still control the economy, when in fact they only has control over themselves and the ZANU PF army. They should be prepared for a rude awakening. Gone is the pre 2009 era. Thanks to the multi currency era, which left the ZANU PF thugs merely clinging to their illegitimate power. The economy is on auto pilot. They will see from now to the time they will start distributing the bond notes, that they are too foolish to rule in modern times.

Zvichapera - 13 June 2016

Cash crisis -----> Economic crisis --------> Rigged election

Ethan - 13 June 2016

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