Zim economy on the mend: Moyo

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INFORMATION, Media and Broadcasting Services minister Jonathan Moyo on Friday shocked members of the Institute of Chartered Secretaries and Administrators attending a meeting in Nyanga when he said it was a myth that the country was facing serious economic problems.

INFORMATION, Media and Broadcasting Services minister Jonathan Moyo on Friday shocked members of the Institute of Chartered Secretaries and Administrators (ICSA) attending a meeting in Nyanga when he said it was a myth that the country was facing serious economic problems.

By OBEY MANAYITI 

Moyo said contrary to belief, the economic situation in the country has remarkably improved since the dissolution of the inclusive government last year.

ICSA Zimbabwe president Richard Summers had noted that the country was facing serious economic challenges.

Over the past months the country has been grappling with a serious liquidity crunch while thousands of workers have lost their jobs as several companies either closed shop or downsized as the economy continued on a free fall.

However, in his keynote address in Nyanga at an ICSA meeting, Moyo said it was not true that Zimbabwe is in serious economic trouble.

He said what was only needed was harnessing the intellectual capacity of Zimbabweans and turn it into positive thinking that can turn around the economy.

“Let’s tell each other ruthless truths, brutal truths,” he said. “Mr Summers announcing that we are in dire strains and me saying we are not,” Moyo said.

“We have shared responsibilities that we have not exercised or dealt with by working together. One of the things that we have not been doing as a country in the past is engaging each other through meaningful dialogue about real things and coming up with a shared solution.”

He said people have to understand that Zimbabwe was deeply polarised.

“Divided not just in political terms but basically in terms of how we see ourselves in relation to each other as Zimbabweans and accept that sharing one destiny is not just a political matter but a pre-requisite,” Moyo said.

He said Zimbabwe had been misunderstood as a country in dire constraints and as such, it had been viewed as unstable and that had also affected some international investors.

Moyo challenged the country to transform its intellectual excellence by producing tangible results.

“I believe what is not clear is the extent to which as a country we are able to deploy our technical and professional skills. Zimbabweans have the highest literacy rate in Africa but there has been nothing to show for it if you look at our practices,” he said.

Moyo however lashed out at news Zimbabwe Broadcasting Corporation (ZBC) anchors, saying there was nothing to prove that they passed even Ordinary Level from the way they conducted their work.

He said there was clear evidence that Zimbabwe is building a new economy as evidenced by recent deals signed between the country and China and Russia.

Moyo said there has been serious hardwork by the Zanu PF government since it took over from the inclusive government and election promises would be fulfilled in due course.

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