Economy on rebound: Mugabe

Economy on rebound: Mugabe

Source: Economy on rebound: Mugabe – NewsDay Zimbabwe April 19, 2016

PRESIDENT Robert Mugabe yesterday stunned even his most ardent supporters, when he declared that the economy was on a rebound, with several firms reopening for business, in spite of evidence to the contrary.

by Everson Mushava/Obey Manayiti

In a speech to mark Zimbabwe’s 36th Independence Day anniversary, Mugabe claimed his government had managed to turn around the economy and create jobs for the impoverished citizens, remarks, which exposed him for being out of touch.

“My government is determined to translate political independence into meaningfulness, by attending to the socio-economic needs of our people,” he said.

The resuscitation and formation of companies, Mugabe said, had created employment, savings in foreign currency and exchange, and enhanced fiscal space. He also claimed that several financially-troubled parastatals such as Air Zimbabwe and National Railways of Zimbabwe (NRZ) had come out of the woods.

His remarks came as NRZ employees have embarked on a strike demanding payment of their outstanding 18 months’ salaries, while tens of thousands of workers have been retrenched. Zimbabwe’s trade deficit widened in the first three months of the year, indications of a contracting economy.

The veteran leader said his government was re-organising the mining sector, including consolidation of State ownership of the diamond mines and the strategic management of gold and gold products.

“This has started showing improved results, with gold output now 20,2 tonnes, rising expectedly to 25,5 tonnes by the year end,” Mugabe said.

He said his government, which has been struggling to pay civil servants, was determined to improve the well-being of government workers so they could earn salaries above the poverty datum line.

“Progress has been made in the development of social infrastructure in health, education and housing,” Mugabe claimed.

“Today, as we celebrate our 36th Independence Day anniversary, let us re-dedicate ourselves to serve Zimbabwe at all times, always striving for peace, respect, tolerance and goodwill towards others, and to tirelessly work for unity and development of our beloved country, Zimbabwe.

“One of the greatest tributes we can pay to Zimbabwe is to shun corruption, regionalism and nepotism. We should always remember that we are one people, united by the bond of Independence.”

COMMENTS

WORDPRESS: 12
  • comment-avatar
    Piankhi 4 years ago

    Listen let the President have his thoughts. It is his right. We all have our opinions but it doesn’t stop anybody from knowing the reality. That time is almost at an end. Though I still have respect for the President’s vision 36 years ago. Things change and things will move on. Nature will see to that. Zimbabwe native people have everything. We just have to get up and make it work for ourselves. Not depending on our former oppressers and current sellouts of our people. When the Most High put African people on this continent he loved us. And still do. Africans are on the riches land on the planet. So do not say God does not love you. Just think, we could have been put in Europe where there is nothing. That is why every race of people come to our continent to survive. Because we have everything. Forget their religions, their culture, their belief, and start listening to the call of our ancestors. No more time to be tricked and decieved by our oppressers who will do anything to stay in our homeland to keep prospering. It is our time again to prosper, the Most high gave us that and we must use these blessings we walk on to become the Empire we once were and will be again. Love to all my People good or bad.

    • comment-avatar
      Doris 4 years ago

      And surely…..how many of your amazing Black Africans are flooding into Europe and financing the Black Africans who can’t get out? So how about you move back into your mud hut, hunt with spears, breed daughters for lobula, and prosper how?
      How far back does your heritage go? As far as 1900? Because we can trace ours that far back.

      • comment-avatar
        Tinomunamataishe 3 years ago

        @Piankhi, @Doris, seriously? No need to waste energy on some of these unnecessary diversionary issues

    • comment-avatar
      psalms 58 3 years ago

      Planki? Notice how many of “your”people agree with your bullsh!t?

    • comment-avatar
      Tiger Shona 3 years ago

      Piankhi, since we have all the resources here, and you praise Mugabe so much, why are we in this terrible economic situation? And as for the European countries; What does it say for them to have nothing in mineral resources and to have created economies like they did?
      Look what you guys did with land taken from whites. A disaster!
      You better shut up. You sound like a thief.

  • comment-avatar
    vote rigging 2018 4 years ago

    at piarkhi that is day dreaming. Wrong advisors at work. We should always be in touch with reality.

  • comment-avatar

    You wont build anything by praying

  • comment-avatar
    gonzo 4 years ago

    what a nice letter from piankhi for a nut case.

  • comment-avatar
    IsheZimuto 4 years ago

    MUGABE HAS BECOME TOO GOOD AT DAYDREAMING. WHAT REBOUND IS HE TALKING ABOUT WHEN THERE IS VIRTUALLY NO PRIVATE SECTOR BUSINESS IN ZIMBABWE? MUGABE HAS BECOME VERY IRRESPONSIBLE OF LATE BECAUSE HE BELIEVES THAT ZIMBABWEANS CAN NOT DO ANYTHING TO HIM BUT THAT IS A LIE. IF HE WANTS TO LLIE TO US TILL HE DIES THEN HE HAS TO DIE WITH HIS FAMILY

  • comment-avatar
    Joe Cool 4 years ago

    I think it is Newsday that is out of touch for suggesting that Mugabe is out of touch. Mugabe is simply lying.

  • comment-avatar
    IAN SMITH 4 years ago

    When you lie about your very name spare us the bull sh-t just stop yapping.

    Robert Matibili from Malawi???

    Degrees from Chikurubi, Masters in Coruption and Lawlessness

  • comment-avatar
    C Frizell 4 years ago

    BALLS. This is his senility speaking, shuwa