- Details
- Written by: Michael Sibangilizwe Nkomo
- Hits: 346
The precursor of our economic ruin.
The recent devaluation of our new currency by the Reserve Bank of Zimbabwe sent shock waves across the country and confirmed our fears that Zimbabwe’s inept government is effectively flying us on auto-pilot.
Under the sleepy eye of President Mnangagwa, RBZ Governor John Mushayavanhu is free to dice with the fate of Zimbabweans, eroding confidence in a new currency that was hardly trusted from the outset.
At a time when global gold prices are firming, the devaluation of the ZiG clearly exposes the lie that the currency is backed by our country’s gold reserves in a vault somewhere.
The truth of the matter is that we have no national gold reserves, as the mineral has been looted into private hands by the Gold Mafia, which we all saw in the exposé aired by Al-Jazeera in June 2023.
For civil servants and other workers earning their wages in the ill-fated ZiG, buying power has been halved in the blink of an eye with no warning or immediate cushioning.
Ironically, some of the workers affected by the kneejerk devaluation are ordinary staff at the RBZ itself, showing that the institution like the rest of the ZANU PF-led government, does not care about anyone, not even the labourers propping up the regime.
Needless to say the devaluation has spawned a succession of calamities.
- Retailers have hiked their prices in local currency to hedge themselves from further uncertainty and possible losses.
- Whatever little trust there was between the citizenry and the monetary authority has evaporated due to the RBZ Governor’s clueless manoeuvre.
- It would have been tragic enough if that was all we had to bemoan today but the madness at Munhumutapa Building knows no bounds.
While the nation was still coming to terms with the impulsive ZiG devaluation, the cabinet was busy brewing another shocker.
The government through utterances made by Information, Publicity and Broadcasting Minister Jenfan Muswere, announced that landholders who benefited from the agrarian reforms that began in 2000, could now transfer or sell their land to indigenous Zimbabweans.
Nothing could be more criminally motivated than that.
Just harboring such thoughts could be considered deviant and criminal in a normal society.
- Details
- Written by: Michael Sibangilizwe Nkomo
- Hits: 1282
8 Rudd Road, Northend, Bulawayo, Zimbabwe.
Independence 2024: Zimbabwe's broken social contract
Fellow Zimbabweans, we once again commemorate the 44th anniversary of our hard-won independence. It has been 44 arduous years since the Union Jack was lowered and handed to the current King of England back in 1980, when he was a young prince.
The flag of Zimbabwe flew on April 18, 1980, marking the end of colonialism and paving the way for black majority rule. That was the plan but as fate would have it, shadowy men harbored different blueprints for a one-party state they would wantonly step on more than 20,000 bodies to establish.
The dust of our first Independence celebrations had hardly settled when the ZANU government led by Robert Gabriel Mugabe embarked on a genocidal, quasi-military operation that became known as Gukurahundi. From 1982 to 1987, hapless citizens were subjected to state sponsored violence that can only be compared to Pol Pot’s Cambodia in the 1970s. Our people suffered instead of enjoying the fruits of independence. Matabeleland and Midlands Provinces were cordoned off and turned into killing fields by the North Korean-trained 5th Brigade.
- Details
- Written by: President S M Nkomo
- Hits: 1531
PRESIDENT NKOMO CALLS FOR ZAPU'S GENERIC BASE TO RETURN
IT IS TIME TO COME HOME
A lot has been said and done. I am the first to admit this. The premise of the founding principles of our movement were based on the fundamentals of FAMILY. Total trust, total love, total dedication and total devotion to each other as the children of Zimbabwe. In ZAPU we are a family, first and foremost. We had family unity before any constitution was drafted. We were a family of comrades who shared a camaraderie that enabled those ideas of revolution and freedom to sprout into the formidable force that brought colonialism to its knees. That said. Show me a family that claims to be perfect and I'll show you a family of liars. No family is perfect. No one is perfect. That is a cardinal reality.
