thanks for your comments

Natasha

‘Harare is broke as revenues declined by almost 35%. RBZ clearly state that the country cannot meet its own financial needs as revenue collection fell from US$350 to US$150 million a month.’ (IMF)

So to speak the government has no money set aside to pay off part of the country’s external debt, but guess what we claim to have bloody diamonds. Failing to attract foreign investors we are doomed to failure. In steady they are grabbing foreign companies in the name of empowerment. Modifications of economic policies radically, turn empowerment laws into constructive once is exceedingly needed at the minute.

Autonomously, the government should aim to reduce investment costs in target economic sectors by addressing investment exertion and obstacles, which are the tacit costs shouldered by the private sector, by embryonic human resource and indispensable infrastructure to accommodate the expansion of those target sectors, and by creating a conducive environment for eminence investment. Efforts should also be made to magnetize pro-active investment by designating target industries and countries, as well as developing and fostering investment networks. All should be achieved by not promoting cartel.

Hard work to attract Foreign Direct Investment (FDI) must dovetail with the country’s unambiguous situations and needs at particular times. Attracting quality investment would not be successful if superficial investment promotion incentives are used, but only through compelling factors that lead the investors to believe that they will be rewarded with lasting benefits. One cannot get back on track by taking majority stake in share to local investors from foreign companies. This is madness and disastrous. Zimbabwe is overdue for fresh mind thinking. (Chimurenga chatiuraira nyika)

The situation at the moment is shambolic. Even if you teach Chimpanzee to communicate and ask it what is indispensable in Zimbabwe it will ascertain what is misplaced and sort out the acrimonious straight away. For some reasons people things Zimbabwe necessitates back own currency, not possible for now. Natasha, you are forgetting Zim$ (poor management) failed the country to cross the suspension bridge of deprivation and US$ break the strong hold.
The US$ actually acted and still acting as an imperative channel/ conduit to our destiny.

Stopping US$ now it will be a biggest gaffe ever. Natasha, it will be diabolic to reinstate Zim for US$. For us to have food in shops and provisions, I believe it is due to US$. In my opinion it is of paramount importance for the two government to put their heads together to educate people the difference between US$ and Zim$. This can be achieved by better price on commodities and put benchmarks on salaries for Civil Servants, who are poorly paid and are suffering martyrdom. Ordinary Zimbabweans and business people will be so cantankerous on the philosophy of yours.

Ostensibly, people are doing well with the US$. For few years to come, I would welcome your dogma of our own currency. We cannot pioneer our own currency due to one person having hard times with coins that’s your own baby. I would like to egg on you to pay heed to the business community and pin your ears back their views on the question of reintroduce Zim$. On the face of it, in point of fact you need to snoop and hope you will get the point. Me sorry, but that’s the truth of the matter.
Response by

Petros Rambwawsvika (Activist & Economist)