Is democracy really the best?
To them, sanctions on Zimbabwe are a good political tool. Verita’s observations are within tradition, whose economy is across the Limpopo.
My point is, against these massive odds, we have positive developments set, unfortunately, against a political sentiment that will not tolerate anything positive happening under “the Mugabe administration”.
It must all be gloom and despondency to make for a fertile campaign ground for the next elections.
Otherwise who would juxtapose these two headlines in the same issue and still fail to choose the better course except the average voter in a democracy: “Goods import ban unconstitutional: Veritas”, “Influx of cheap imports hurt Zim firms”?
So we would rather follow the constitution against what makes economic sense?
Yet we can see that the “ban” on imports is succeeding in cutting the trade deficit, by as much as 13 percent. But that is not the end. The falling trade deficit and falling imports, both positive developments, are what SI 64 is about.
More importantly, SI 64 is being supported by increased funding for Dimaf. The aim being not to just protect local industry but to raise productivity and create jobs.
Can that kind of co-ordinated thinking be the stuff of Mr Average Voter? A wild one for industry: how do we reconcile support for SI 64 and calls for Zimbabwe to adopt the rand as the anchor currency?
Presumably South Africa has no say either way! And rumour circulating is that most retailers are rejecting the rand! They don’t want bond notes. And producers say the American dollar is too expensive for exports, and therefore bad for the economy.
Say it again Mr Churchill: “The best argument against democracy is a five-minute conversation with the average voter.”
That conversation for me this week was scanning through the business headlines in all the daily papers. Reading the lead stories on the front pages, one would think VP Mnangagwa had been arrested rather than protected by President Mugabe who openly declared; “We shall keep together at the top”.
It’s wishful political thinking versus a slow, painful but stubborn economic turnaround against mighty odds.