Categories: Stories

6 things Zimbabwe has to do to revive its economy- Mnangagwa

The recent World Economic Forum, WEF, held in Davos, Switzerland, was held against an overbearing backdrop of:

  • Global climate change Crisis;
  • Global Covid-19 pandemic;
  • Conflict in Eastern Europe of clear global proportions;
  • Global supply chain disruptions.

These adverse developments have made the global and the local more intertwined as never before.

No country, no region, no hemisphere, is spared from this enmeshing spectre. This means limited autonomy for the local, more say for the global. Above all, it means crafting local responses within limiting global givens. Under such global conditions, economists’ notion of ceteris paribus — all things being equal — looks anachronistic. Nothing is equal anymore.

Davos confirmed many things that clearly worry. It confirmed a shrinking global order set against ever-enlarging global challenges. The response to the four aforementioned global challenges suggests a world retreating from global multilateralism in which challenges are faced and tackled collectively through cooperation and collaborative global action. Even as we caucused in Davos, it was clear to us from Africa that some in our midst had come to sell their war and to foist their viewpoint on the rest of us, rather than to engage in the spirit of greater peace and multilateral approach to challenges facing our planet.

There is a disturbing streak of selfishness and coercive diplomacy which is exemplified by Washington’s latest overreaching legislative gamble called Countering Malign Russian Activities in Africa Act.

Through this Act, United States of America coercively seeks to legislate for a whole continent, in line with its own whims and interests. The illegal Act flattens a whole continent to reduce it to a mere appendage of America!

In the eyes of USA, our nations are not independent and have no right to relate to other nations of the world as they see fit or in pursuit of their national interests.

The last time America tried this was in 1901 when it passed the Platt Amendment on Cuba by which the Government of Cuba then was enjoined “never to enter into any treaty or other compact with any foreign power or powers”; and was also required to “consent that the United States may exercise the right to intervene” in Cuba for “the maintenance of a government adequate for the protection of life, property, and individual liberty…”

To imagine that the United States Government, through its legislature, plans another Platt Amendment for a whole Continent of Africa simply beggars belief.

Whether in the Pacific Region, the Americas or in Asia, we are seeing a race towards militarisation through adversarial and confrontational blocs which undermine global peace guaranteed by observance of international tenets enshrined in the United Nations Charter.

In all this, there is a clear attempt to threaten and objectify Africa, the only continent with abundant resources, and still sworn to multilateralism under the recent Africa Continental Free Trade Area, AfCFTA. Given America’s iniquitous ZDERA, Zimbabwe is best qualified to warn the world against this insidious encroachment on national and continental sovereignties by powerful States seeking to overreach under flimsy guises.

Continued next page

(395 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

Page: 1 2 3 4 5 6

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Africans-including Zimbabweans- must now tell their own stories- ADB president

Africans must now tell their own stories because if they continue to denigrate themselves they…

May 11, 2024

Zimbabwe quarterly taxes to force businesses to sell products in ZiG

Quarterly taxes, which are due next month, will force businesses to sell a quota of…

May 11, 2024

Zimbabweans may soon be able to change ZiG to US dollars and vice-versa on their phones

Zimbabweans will soon be able to change their ZiG to United States dollars and vice-versa…

May 10, 2024

Tshabangu says it will take 67 years to complete the Bulawayo-Nkayi Road at the current pace

Senator Sengezo Tshabangu yesterday expressed dismay at the pace at which the government is constructing…

May 10, 2024

Zimbabwe to fine those breaching official exchange rate US$15 000 or more

Zimbabwe has ordered providers of goods and services to use the official exchange rate or…

May 10, 2024

Zimbabwe to introduce legislation to ensure official exchange rate is used for pricing

Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate…

May 8, 2024