Are we too poor or too stupid? – A nation that cannot feed itself is not a great nation

For a nation with the highest literacy rate in Africa, it is disturbing that the success of Zimbabwe’s land reform programme is measured by how much the new farmers are making, the posh cars they are driving, the mansions that they have built,  and not on the nation’s ability to feed itself. It is even more disturbing when one considers that agriculture provides livelihoods to 80 percent of the country’s population, according to the Ministry of Agriculture.

(590 VIEWS)

Capital City of corruption

Finance Minister has described the State Procurement Board, which is responsible for awarding all major government tenders, as the “capital city of corruption” which was even awarding tenders to briefcase…

SA Home Affairs Minister’s full statement on Zimbabweans

South Africa’s Home Affairs Minister Malusi Gigaba today said special permits for Zimbabweans will be extended by another three years. Permits that expire before 31 December will be extended to the end of the year while those that expire after 31 December will be brought forward to that date. New applications open 1 October. Below is his full statement: 

(87 VIEWS)

Top stories for August 1-5

Biti says we can even use firewood as currency- Former Finance Minister Tendai Biti, one of those who fought against the return of the Zimbabwe dollar while in office, says the country must ditch the United States dollar and adopt the South African rand instead. Biti said there was no way the country’s economy could recover with the United States dollar as the main currency.  “We can actually use firewood as a medium of exchange, it can work. Money is just an infrastructure of facilitating the base which is production. The challenge is that this economy is collapsing because it is not okay. We are not producing; the capital account is not okay, the current account is in deficit these are the things that you need to fix. These are the structural things that you need to fix.  But the debate on currency is relevant because the US dollar has become overvalued. We don’t have an economy to sustain that. We don’t have the current account to sustain that, which is the export and the imports.  What we need to do is to devalue the US dollar but you can’t do that because you don’t print it. Now there are calls for the return of the Zimdollar and this will be a disaster. We propose that the US dollar should be devalued by bringing in the rand as the official currency and joining the Rand Monetary Union. However the tragedy is that these guys in ZANU-PF cannot afford to meet the requirements of the central bank of South Africa, they just can’t do that,” he said.

(85 VIEWS)

Oppah’s war continues

Oppah Muchinguri’s war of words over control of the Zimbabwe African National Union-Patriotic Front Women’s League continues. The women’s leader, who last week said she was stepping down from her…