Why are Zimbabweans with free funds looking for Zimdollars when they need US dollars to import, Minister asks?

The other issues have been touched on but I want to emphasize the point that as a Ministry, do you have the capacity to detect who is fueling the black market in this country?  All these security institutions cannot detect who is fueling the black market.  Are we really serious? What efforts are you doing and if you are failing, what are you doing about it?  Why are you not learning from other countries?  It goes down to the issue of enforcement again.  I thank you.

*HON. NYABANI: Thank you Mr. Speaker Sir, I saw a list of the beneficiaries, do you know that some of the people that you are giving money are not selling in RTGS yet you are giving them US dollars?  Do you make a follow up to see that the funds are used appropriately?  This Statutory Instrument has brought about changes. Cement was going for US$8 dollars and now it is US$11 – what has changed?  You introduced a Statutory Instrument today and prices have since shot up to US$11, who is this affecting?

Secondly, the Ministry must take the money and give it to manufacturing industries.  Some of the people that you are giving money are channeling it to the black market and some are importing goods into the country.  The country does not benefit from importing goods into the country. The economy grows when we revive our own industries; take that money and give it to Lever Brothers so that they can revamp their business. I thank you.

HON. HAMAUSWA:  I would want to know from the Deputy Minister if he is aware that banks are failing to pay their clients the foreign currency they would have gotten through the auction system.  This is a crisis which the Hon. Minister and his Ministry should address because you said there are people who are getting forex through the auction and abusing it, but in fact clients specifically and I will single out Stanbic; it is failing to pay its clients on time. What are they going to do?  I thank you Mr. Speaker Sir.

HON. KASHIRI: Thank you Mr. Speaker Sir.

THE HON. SPEAKER:  Hon. Kashiri, you are badly connected, change position.

HON. KASHIRI:  Welcome back from South Africa Mr. Speaker Sir.  Hallo Mr. Speaker, now can you hear me?  Am I audible now Mr. Speaker Sir?

THE HON. SPEAKER:  Now you are clearer, yes.

HON. KASHIRI:  Thank you Mr. Speaker…

THE HON. SPEAKER:  Your internet connectivity is poor Hon. Kashiri.  Can you give way to Hon. Molokela?

HON. MOLOKELA-TSIYE:  Thank you Mr., Speaker Sir.  Thank you also to the Minister for the Ministerial Statement.  My question to the Hon. Minister is, is the Ministry willing to open its doors for those who have responded to the SI.  The Confederation of Zimbabwe Industries is one of the associations that are in the media today saying they are seeking audience with the Ministry.  Is the Ministry going to open its doors to everyone who is concerned about this Statutory Instrument and how it is going to affect their business?

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