VP Mnangagwa efforts on economy plausible
EDITOR — I would like to applaud Vice President Emmerson Mnangagwa for enlightening people on the forthcoming bond notes as an interim measure to curb the cash crisis.
Prophets of doom have long cast a shadow of doubt on the bond notes trying to cause unnecessary tension and panic in the run up to their introduction.
The facility is well backed by a $200 million Afreximbank facility which ensures that it is operating within agreed parameters.
The Vice President asked for Zimbabweans to trust each other’s intentions and his calls were grounded in logic.
It is going to be very difficult for our national rebuilding exercise if we treat each other with suspicious minds all the time.
This delays the decision-making process and consequently the country lags behind in this dynamic economic terrain.
Armchair analysts also do not aid the situation when they try to come up with shrewd explanations aimed at explaining what will befall the country should the bond notes come.
These alarmists take their half backed narratives to the ordinary citizens to try and cause despondency from the insufficiently informed base.
I think it is time the Reserve Bank of Zimbabwe embarks on a nationwide outreach programme explaining how the Bond notes will work to dispel all the negative rumours spread on the Bond notes.
It seems that the Vice President has good intentions for this economy, if his continued conversations shunning corruption are anything to go by.
This is also the same man who has been spearheading the command agriculture initiative which is meant to ensure that the country does not have food shortages in the wake of the El Nino induced drought.
Truth is Zimbabweans need to be pragmatic in formulating solutions to some of the challenges they are facing and the Vice President has been on the forefront of setting a precedent.
He is proving to be a worthy appointment and we thank President Mugabe for selecting him. He has not disappointed so far. Cde Mabvunga MY sincerest condolences to the Msipa family and the nation of Zimbabwe following the passing on of Cde Cephas Msipa. He was a true gallant son of the soil who served his country in various capacities before and after independence. May his soul rest in eternal peace. — C Moyo, Gweru
I THINK a huge part of why the public is sceptical about bond notes is because for starters they have not hit the market and secondly people still remember the bearer cheque days. I am sure that bond notes will do good to alleviate the cash crisis but people need assurance that these bond notes will not replace their hard earned US dollars. — Tapiwa Kureba.
CONGRATULATIONS to Charles Manyuchi for knocking out his opponent in the first round. That was an amazing feat. Manyuchi is certainly the real deal and it was great to see him doing justice on home ground. I hope this match will bring more sponsors into boxing in Zimbabwe so we get to see more international fights at home. — Eddy Wazara.
DYNAMOS Football Club have never disappointed me like this before. How do you lose a three goal lead in such a manner? Did the players just switch off or were they paid? Surely when you are three-nil up at half time you should come out in the second half and play possession football to make sure that the opponents do not get a sniff at goal. Well done to Caps for the comeback but DeMbare has let me down. — Charles MaDembare