Categories: Stories

The 2016 Zimbabwe cabinet score card-There seemed to be some competition about who could ruin the economy most

 

Patrick Chinamasa, Minister of Finance
Rating: C

Grading Chinamasa is tough, just as his job was in 2016. He just can’t win, whatever he does.

His effort to reengage with international capital was resisted by an unlikely alliance of interests; opposition activists and Zanu PF hardliners.

When he tried to cut the wage bill, he was shot down in public. Mushohwe was sent to release a statement denying government had approved Chinamasa’s measures, which would have saved the taxpayer $232 million per month.

His often frank assessments of the state of the economy must have isolated him from his colleagues, who prefer self-delusion. Perhaps this is why, at the Zanu PF conference, he made a comical attempt to join the gang by claiming that “the economy is on the right track”.

For at least being honest, most of the time, even when he clearly was out of ideas and up against everyone, he ranks lowly on the ruin-the-economy rankings.

Continued next page with the rest

(419 VIEWS)

This post was last modified on %s = human-readable time difference 3:12 pm

Page: 1 2 3 4 5 6 7

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

Romantic breakups can spark severe trauma in young people – new study

What should I study? What do I want to be? How will I pay for…

June 30, 2024

Mushayavanhu caught offside as ZiG ends June at its lowest since inception

The Zimbabwe Gold (ZiG), today hit its lowest rate against the United States dollar since…

June 28, 2024

No, Zimbabwe court hasn’t threatened ‘newly married gay couple’ with death penalty if they don’t get pregnant

Researched by Mary Alexander IN SHORT: No law in Zimbabwe imposes the death penalty for…

June 28, 2024

Zimbabwe economy expected to grow by only 2% this year but shoot to 6% next year-IMF

Zimbabwe’s economy is expected to grow by only 2% this year because of the devastating…

June 28, 2024

Reserve Bank of Zimbabwe to maintain tight monetary policy

The Reserve Bank of Zimbabwe is to maintain its current tight monetary policy to ensure…

June 27, 2024

Why ZANU-PF really wants a two-thirds majority

The recent elections in South Africa, where the ruling African National Congress lost its majority,…

June 10, 2024