Chronicle (Zimbabwe)

Govt needs public support on bond notes

-

EDITOR — The nation is waiting for the overdue bond notes to come and alleviate the situation. No amount of spirited and foolish politicall­y motivated opposition to bond notes will stop the issuing.

Government policy cannot and should not be informed by forces hell bent on seeing our economic situation continue to deteriorat­e.

Few political lunatics as represente­d by those jumping and puffing about feeding on sinister donors’ funds will soon prove defeated by the majority people’s resolve to fight the evil effects of sanctions on our economy.

The economy in Zimbabwe temporaril­y improved because of dollarisat­ion, which was introduced by Minister Patrick Chinamasa before Biti came into the inclusive Government. Every sane economist will tell you even without the inclusive Government the temporary improvemen­t of the economy was going to happen.

Now we are in a situation brought on by the fact that when Biti was Finance Minister he did not put restrictio­ns on the USD. He meant to make it hard for people to externalis­e currency but he allowed the situation to grow from the time he held the purse.

During his tenure Biti once mentioned that 55 percent of bank income was earned through bank charges. He did nothing to put regulation­s on the banking sector to lower the charges.

What the Government is doing now is trying to correct a problem that was created a long time ago. It is also a problem that is impacted by sanctions on Zimbabwe. The Zanu-PF Government is looking for ways that will alleviate the cash crisis but also work for the ordinary man on the ground and this is why they should be supported.

Zanu-PF has not failed this nation by being principled on the land issue. In fact, the Party has indigenous Zimbabwean­s best interests at heart and for this they should be commended. Cde Mzvinavhu. THE Reserve Bank Governor Dr John Mangudya should not look at retailers only, but should also blast the police who demand cash only on fines. Everyone knows cash is scarce, but police demand cash from drivers, they refuse to accept plastic money, why? — Johns.

PEOPLE should heed the calls by the Meteorolog­ical Office on the possibilit­y of floods. It is better to be safe than sorry, those in low lying areas should look for alternativ­e accommodat­ion in the interim just in case the worst happens. The Civil Protection Unit should also be ready to act. — Concerned, Gweru

THE bond note appeal whose judgment was reserved by Justice Chiweshe is another futile attempt by Joice Teurai Ropa Mujuru this time wearing Matanda’s mask. Another serial litigant who needs to be banned for his very silly interdicts. — C Ndiweni, Kwekwe.

All the political contestati­ons going on the internet will be solved in 2018, not by few activists jumping and puffing stinking political hot air in our streets. Why do people think few demonstrat­ors in Harare are the majority of Zimbabwean­s? They should stop saying they are acting for the people, when the supposed people even boycotted their recent demo. — Cde Wasu

 ??  ?? Dr John Mangudya
Dr John Mangudya
 ??  ?? Minister Patrick Chinamasa
Minister Patrick Chinamasa

Newspapers in English

Newspapers from Zimbabwe