‘Mugabe a threat to economic recovery’

PRESIDENT Robert Mugabe’s incumbency is a threat to reform and development and Zimbabwe will remain cocooned in an economic logjam until there is a clear succession plan in Zanu PF, an international think-tank has observed.

by Everson Mushava

Robert-Mugabe-worried
In its latest report, the International Crisis Group observed that Zimbabweans desperate for economic revival would have to wait a little bit longer until Mugabe’s departure.

The report said the waning economic fortunes in the country would persist as long as Mugabe remained in control and unable to resolve the raging succession wars in his party and embrace policy changes on the country’s controversial indigenisation laws and land reform.

A leadership vacuum, the report dated February 29 observed, factional infighting in Zanu PF and across the political spectrum and policy inconsistencies, had complicated and further blunted Zimbabwe’s chances of economic revival.

“Efforts to develop and support reforms are tampered with by the nonagenarian President’s incumbency,” the report read.
Zimbabwe is facing a serious economic crisis that has resulted in the closure of companies, with only 700 000 of the 13 million people in formal jobs, while the rest have resorted to informal trading such as vending.

With the current El Nino-induced drought, many Zimbabweans are in dire need of food aid, as the economy continues to underperform with very limited positive trends to ignite a ray of hope in the impoverished citizens, the report noted.

“The few positive trends do little to improve the lot of most citizens or provide confidence in processes to build a constitutionally-rooted social contract,” the International Crisis Group report observed.

Zanu PF is currently locked in bitter succession fights pitting Vice-President Emmerson Mnangagwa against G40, a faction that reportedly has the backing of First Lady Grace Mugabe among its ranks.

At 92, Mugabe’s advanced age has sparked serious infighting in the ruling Zanu PF, which he has struggled to contain for the past three years, as party hawks try to manoeuvre their way to strategic positions in the post-Mugabe era.

“Upbeat economic projections by international institutions are predicated on government rhetoric about new policy commitments and belief in the country’s potential, but there are growing doubts that Zanu PF can ‘walk the talk’ of reform. Conditions are likely to deteriorate further due to insolvency, drought and growing food insecurity.”

The report added Zanu PF was its own biggest threat.

“Its constitution is unclear about how to select a new party leader and, by extension, president if Mugabe becomes incapacitated or dies in office. That the party will not countenance open debate on this has led to incessant backroom political jockeying and unprecedented turmoil,” it said.

According to the report, Mnangagwa was looked at by the international community as the only pragmatic person to revive the country’s economy, but he faces a serious internal revolt and the rise of Grace has weakened him drastically.

12 Responses to ‘Mugabe a threat to economic recovery’

  1. Samson March 4, 2016 at 7:59 am #

    ITC Group is spot on. With Mugabe at the helm nothing will change in Zimbabwe. There is no way Mugabe at 92yrs can turn around the Zimbabwe economy which he destroyed 16 years ago. There is no way those who destroy economies can rebuild them. U need a new pragmatic political leadership to move the country forward. Mugabe is blocking the inevitable change for now but the economic free fall will continue until Mugabe departs. Tough times ahead of Zimbabwe.

    • Abbie March 4, 2016 at 11:41 am #

      You are so right. The man responsible for de-industrialising Zimbabwe isn’t capable of putting it back together again for the simple reason that he doesn’t understand economics.

      Point of correction though – Mugabe actually started destroying the economy not just 15 years ago but way back in the eighties. Our inflation hit double digits even before 1990 and that pointed to economic mismanagement and our budget deficit indicated a government that lived beyond it’s means even in its early years. The unbudgeted payout to war vets happened in 1997; we also got involved in the DRC at a cost of an unbudgeted $1 million a day. In fact, 1997 was the year we fell into arrears with regard to IMF and World Bank debts.

  2. cadafi March 4, 2016 at 8:51 am #

    well said

  3. viola gwena March 4, 2016 at 9:14 am #

    This is the tyme zanu needs real men ,amadhodha sibili.nt cowards.the country is on tail spin,zanu is in confusion,the worst crisis it ever was in.its for the country now,nt personal.zanu now needs men of honour,the type of men that wedged an armed struggle on empty stomach n no pay bt for a better future for zimbabweans.Men who dared smith.the economy is a seriouse threat to peace here.wthout jobs men lie idle n idleness breeds dangerouse men.men scared of nothing coz theris nothing to protect.people must nt be forced into this and the powers tht be must be very resonable in their quest for power.

  4. Plebeian March 4, 2016 at 9:17 am #

    “Beware the ides of March”

  5. Colonel March 4, 2016 at 9:42 am #

    VaMugabe chete chete which economy is doing bad every Zimbawean from limpopo to Zambezi has American dollar in their pocket viva Robert

  6. butchwa bonda mtuvi belingwe March 4, 2016 at 10:47 am #

    @viola welcome tetes i hope u a nt hurt by this step taken by this old bhobho mafia. I am a zanu pf sapota & child to the bone but im now no we. what can we do to save our part. Anyway where are the TEAM LACOSTE T-SHIRTS & CARDS. I can buy evn @ 2 000. per t-shirt.

    TO ED JUST KEEP MWIRO TIME WILL COME.

  7. james March 4, 2016 at 11:24 am #

    Nhai butchwa hauna kumbodzidziswa sentence construction ku high school. Noone can follow what you are saying.

  8. butchwa bonda mtuvi belingwe March 4, 2016 at 12:09 pm #

    HAPANA ANGAISIRAVO THIS BOB NDURU YE GARWE GWANA GWEZHIRA GUMBOTONGAVO VEDUWHE ISU MAKARANGA TATAMBURA. APA MVURA HAINA KUMBONAYA

  9. jahoracreh March 4, 2016 at 4:14 pm #

    I e­a­r­n 56 bu­ck­s pe­r ho­ur f­or w­or­­­ki­­ng on­­lin­­e. SB I n­ev­­er th­o­ug­ht I’­d be­ ab­­le t­o do i­­t bu­t m­­­y fri­en­d pr­of­­­i­­­ts $­­6k /m­­on­­th b­­­y d­­oi­­ng thi­­s jo­­­b a­­nd sh­­­e r­­ec­­­o­­mm­­en­­ded ­­m­­e t­­o c­­hec­­k it out. T­ry i­­t o­­ut on f­­ol­­lo­wi­­ng we­­bsi­­te, y­­­­­ou ha­­ve no­­th­in­­g t­o lo­­se………

    ——> A­l­p­h­a-C­a­r­e­e­r­s.C­­O­­M

  10. Abraham Lincoln March 4, 2016 at 5:06 pm #

    Quote from Abraham Lincoln. Former US president
    ” This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right to amend it, or exercise their their revolutionary right to overthrow it.”

  11. chatungahuku March 5, 2016 at 3:03 am #

    no problem, god will act soon or later pharaoh anosarenda ari kurwa namwari zpf 1 and zpf 2 in’anga dzaPharaoh. chinokotama chose chinokura chigozova chikorobho

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