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Zim economy on the mend: Moyo

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.


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.

10 Responses to Zim economy on the mend: Moyo

  1. trymore September 28, 2014 at 11:02 am #

    Jonathan Moyo must tell the nation the situation on the ground not to say things which does not or will never exist . tell him we love our country no matter what so he must stop telling lies we are also educated up to the extent of understanding economic situation without being told by anyone

  2. Pitamber September 28, 2014 at 11:53 am #

    Just wonder why, of all Govt Ministers, the Institute decided to invite Jonso, a modern day reincarnation of Joseph Goebels.

    • Johnathan Mwoyondizvo October 5, 2014 at 8:16 am #

      I am not sure even Goebels can become a distant second to this guy. I finally see why Mugabe likes this guy. He lied to the old man that everyone in Tcholocho like Bob.

  3. chiremba wemberengwa September 28, 2014 at 1:28 pm #

    Jonso must not play with peoples’ lives, what does he think someone retrenched last or this month or this year will think when Jonso is spewing this crap ? The economy does not respond to the most dexterously put together spin/propaganda, this Goebels of our time needs to undestand……Musoro damba shit yemunhu ……………………Nxaaa!!!

  4. Musona September 28, 2014 at 3:42 pm #

    I do not see the connection between a highest literacy rate and a thriving economy? Singing sweetly for his supper.
    An insult to people’s intelligence. As things stand the country with the highest literacy rate in Africa masterminded the world’s highest rate of inflation! The fact that Zimbabwe dollar is now legacy currency is a clear indication of the country’s incompetence on the economic front. Jonathan Moyo is trying to talk the country up hoping for a miracle. This sort of spin is pointless and unhelpful – the ordinary people can feel the pain on a daily basis. Few members of the public are experts in the finer matters of economics – though most have a shrewd sense when promises don’t add up. If the agreements signed between Zimbabwe and China are of any substance why is Chinamasa imploring S Africa for favourable cheap loan rates? “Don’t take advantage of your neighbour’s problems or desperation,” said headless chicken-like Chinamasa two days ago.
    The economy is definitely not on the mend. In fact, things are going to get worse. Take off those rose-tinted glas*es Jonathan.

  5. Dzoraivhoti September 28, 2014 at 7:44 pm #

    Jonso dnt ever thnk as a professor u must detect how we breath on ths earth. Just to let my fellow ignorant citizinery wat is meant by ths so called high literacy rate. Its not attaining degrees no no its only the number of children reaching GRADE 4 only kkkkkkkkk I wnder a lot of pple wl be suprised. Also bear ths fact our quality of education has gone down bcoz we are not moving with technology infact we have nt upgraded our system for a long time now. Kkkkkkkkkkkkkkk

  6. Jongwe Rachembera September 29, 2014 at 1:02 am #

    Once again the prof has proved getting a higher education and gaining a title of “professor” doesn’t mean much, as you can still be a certified idiot! Besides UZ is now handing out degrees like crystal sweets at a kids party.

  7. Tawanda September 29, 2014 at 1:32 am #

    At this stage the likes of Jonathan Moyo…Emmerson Mnangagwa and Bob
    …they only represent the failed past not a hopeful future. Zimbabwe I’m sure can do without the lectures from POSA masterminds!

  8. Garikai October 1, 2014 at 10:36 am #

    Driver available to drive on your behalf from Dar-es-salaam, Plumtree and Beitbridge at negotiable prices. Please call 0712 547 716

  9. Johnathan Mwoyondizvo October 5, 2014 at 8:13 am #

    What kind of drimks were served at this venue? Could it be mudzepete, kachasu, tachila, muswa? Also was mbanje, cocaine, pcp amd heroin available? I am thinking Johnathan (Jonathan) may have accidentaly take s sip, smoke ot shot?

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