Is democ­racy re­ally the best?

Chronicle (Zimbabwe) - - Na­tional News -

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.

Newspapers in English

Newspapers from Zimbabwe

© PressReader. All rights reserved.