ConCourt rul­ing on bond notes welcome

Chronicle (Zimbabwe) - - National News -

ED­I­TOR — The Con­sti­tu­tional Court`s rul­ing on bond notes, throw­ing out Joice Mu­juru`s attention seek­ing chal­lenge, is welcome to the pub­lic.

The Re­serve Bank of Zim­babwe Gov­er­nor Dr John Man­gudya prior to the court case had made it clear that the bond notes are a pro­posed in­terim re­solve to ease the cur­rent cash crunch.

In­stead what does Mu­juru do? She goes on to place a chal­lenge at the ConCourt spec­u­lat­ing that the bond notes are a back­door rein­tro­duc­tion of the Zim­bab­wean dol­lar.

Rightly, the chal­lenge was thrown out as pre­ma­ture and spec­u­la­tive. Claims by Mu­juru and her camp that the Re­serve Bank Act was breached were in­ac­cu­rate as the Con­sti­tu­tional Court has ruled.

It seems Mu­juru does not put peo­ple first as she claims be­cause if she did, she would welcome the bond notes as peo­ple are queue­ing out­side banks try­ing to with­draw their money.

If their plight doesn’t move her then her Peo­ple First claims are mere pol­i­tick­ing, putting her in the same cat­e­gory as char­la­tans like Mk­wananzi and Mawarire who make un­nec­es­sary noise by fight­ing lost bat­tles with a sit­ting Govern­ment.

We do not re­quire such clowns dis­turb­ing our ef­forts to rec­tify an eco­nomic prob­lem cre­ated by their col­league Mor­gan Ts­van­gi­rai who begged for sanc­tions from his Western back­ers.

As ex­pected, op­po­si­tion par­ties and pseudo-ac­tivists who have noth­ing to of­fer to the na­tional de­vel­op­ment agenda, will try and de­rail any in­no­va­tion to that end.

Their big­gest fear is that as soon as things are flow­ing in this coun­try they will be ir­rel­e­vant in the pub­lic do­main.

Such de­struc­tive be­hav­iour needs to be plucked out and I am happy that the ConCourt has man­aged to si­lence Mu­juru and her lawyers who were try­ing to bank on a tech­ni­cal­ity. Farai Denhe

Dr John Man­gudya

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