Vice-President Emmerson Mnangagwa’s admission that Zimbabwe’s economy has fallen 20 years behind the rest of Africa is significant, but has come too late, opposition MDC-T said yesterday.
Mnangagwa last week told Chinese State television, CCTV, the Zimbabwean government had to swallow its pride and reverse its hardline stance if the country’s economy was to be rehabilitated.
MDC-T spokesperson Obert Gutu said the VP’s statements were an indication that the ruling party had failed.
“It’s an admission that the political leadership of the country has completely lost the plot over the past 20 years or so,” Gutu said.
‘While other countries within the Sadc region have progressed very well by embracing democratic credentials and working very hard to develop their economies, Zimbabwe has remained stuck in stagnation.”
He accused President Robert Mugabe of “hanging onto power despite glaring failure on the economic side”, adding that Zimbabwe had built a “strong man” instead of “strong institutions”.
Zimbabwe is now regarded as one of the poorest countries in the world, while her southern African neighbours, Botswana, South Africa, Zambia and Mozambique, were now better off.
The country has been in an “election mode” for the last 15 years, characterised by vicious political fights pitting Zanu PF against the MDC-T. Political analyst Blessing Vava said while the admission was significant, there was little Zanu PF could do to change the situation.
“It’s actually good to hear him (Mnangagwa) admitting that they have failed,” he said.
“However, they have been corrupted by power such that they are not willing to step down.
“What’s sad though is that Zimbabwe is backward, something the Zanu PF government caused due to bad economic policies and corruption.” newsday
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12 comments:
Zimbabwe is now ranked number 2 poorest country in the world, do we really deserve this considering our wealth in the ground, good climate, learned populace, no natural disasters -ONLY MAN MADE DISASTERS, YES.
http://www.bulawayo24.com/index-id-news-sc-national-byo-70943.html
During those 20 years Mnangagwa was a senior minister in Bob's govt. What did he do to correct the backward slide? Nothing !
The admission might have come too late, but we welcome it, big up Ngwena.
We need an a transition government made up of 40% politicians from all parties, 20% Civil society, 20% local technocrats and 20% from technocrats from the Diaspora. Only then can the outside world (investors) take Zimbabwe seriously. Mnagagwa is the wrong person to talk to potential investors. He knows nothing abut investing and all its attendants. Lets first put our house in order. Not everything requires a political solution and not every problem is a political. We cant use politicians for everything, especially the ones we currently have in Zimbabwe.
Look East policy has failed. If Zanu PF was to be honest, they inherited a vibrant economy from Ian Smith who had been under sanctions for 15 years. Smith under 15 years of sanctions produced amazing results. Zimbabwe under 15 years of "sanctions" has produced corrupt institutions and people.
This regime may seem smart in using unorthodox means to cling on to power but cclearly the proof is in the pudding, they are reallydaft when it comes to the economy. The fact is in the real world a lot of things are interconnected, the political resonates closely with the economy. It is by no mistake that politically stable countries tend to be characterised by economic stability. Our leaders channel all their negative energies towards the political landscape and they miraculously expect to receive a positive yield from the economy, not in this world. Mr Munangagwa s' admission of failure by the government is a good starting point but only if they swallow their pride and reverse their unsound economic policies. That said they should also revisit the political which if corrected will simply mean this bunch's exit from office.
ZANU PF the beast incarnate
But his personal bank balance has grown fatter n fatter over the years whereas the govt coffers have slimmed down to a size 0. He isn't a clever dick is he?? Who is he patronising, he must grab his wrinkled bum boss and subordinates and sprint away from govt choppas!!!!!!
Everybody in ZANU-PF is seeing what Mnangagwa is seeing except Mugabe. And as long as he is in charge there won't be any change.
Tsvangirayi had the Iconic phrase; You can rig elections but you can't rig the economy. It has come to pass. On this page, Obert Gutu hit the nail on the head, we have created a strong man instead of strong institutions. Power is in the hands of an absentee 91 year old who now lives in a parallel universe.
It will take decades and tonnes of money to repair not only the economy but psychological pain people have suffered under this government.
It took more than 10 years to build the WTC in NY but took a mere 35 minutes to destroy.
At least one of the culprits has admitted the obvious. What we need is the big man to man up and step down to save the country from collapse.
We wait for comments from Sir Cool, Rovambira the 1st and of course Thatbrotherfromwherever.
I do appreciate all efforts by the honourable VP to lure investment but I recommend that profuse focus and effort should be deployed towards the renovation of our dilapidated legal business environment. There is absolutely nowhere we can ever attract any investment when our own business, tax and other regulatory laws remain a formidable menace to potential business ventures. Let us liberate our economy and business environment from these draconian laws first. I believe luring investment is largely a matter of creating a favourable trading environment for them than engaging them in endless and fruitless meetings and negotiations. we are now fast becoming fed up of deals that never get to materialise.
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