Be patient with us: Mthuli Ncube

BY OBEY MANAYITI

FINANCE minister Mthuli Ncube yesterday pleaded with Zimbabweans to be patient with the government’s reform programme in the face of the rising cost of living, saying the mess will be sorted in time.

A wave of price increases for basic commodities hit consumers in the past two weeks, and in an interview yesterday, during the 39th Independence Day celebrations at the National Sports Stadium in Harare, Ncube said the cause of the sharp price increases was a puzzle for government.

“To those who are raising prices, I say that it is unjustified. This kind of profiteering is unnecessary. It is not obvious to us on what prompted it. So really, they must back off, especially the price of bread, meat and maize which are staple foods for our people,” Ncube said.

“The price hikes are unjustified. To the citizens, I say be patient, Rome was not built in one day. We don’t expect positive changes tomorrow or next week or next month, it takes time and they must be patient with the Transitional Stabilisation Programme (TSP),” he added.

The TSP was launched in October last year. Ncube said government was counting on several sectors, among them mining and tourism, to ease the economic pressure.

“We have to make sure that investors put more money into our mining sector, with different policies for different sectors such as the diamond, platinum and so forth. So we expect this sector to generate jobs and investment of over $8 billion.

“The tourism sector that has been highlighted by His Excellency today will go a long way to create jobs, both in terms of local visitors and international visitors. We are ranked highly in the world because of the quality of our sustainable tourism,” he said.

Ncube said there were various infrastructural projects that are expected to drive the economic growth, going forward.

He said Zimbabwe was engaging all stakeholders over compensating white farmers, but said the government had a plan to raise the money for the programme.

Ncube said the farmers and government would negotiate to come up with an agreement that is palatable to all parties.

6 Comments

  1. YOU ARE A USELESS AND STUP!D FINANCE MINISTER. YOU FAILED TO MANAGE YOUR BARBICAN FINANCE AND HOW CAN YOU SUCCESSFULLY LEAD THE FINANCE MINISTRY? WE CHASED MUGABE TO SEE RAPID CHANGES BUT THE ADMINSTRATION THAT SUCCEDED THE NONAGENARIAN IS WORSE THAN THE PREVIOUS GOVT. THIS IS NOT TIME FOR EXPERIMENTS. PLIZ LEAVE AND LET THOSE CAPABLE DO THE TASK. NXA!!!

  2. Who is capable?

    1. Economy though not good, was better off under Chinamasa. We had fuel and affordable bread. He has failed, he must just accept and leave, people are suffering because of his policies. Patient for how long. He promised afordable good by April, where are they ? ??

  3. He needs to be reminded that citizenry have been patient for more than 39yrs

  4. THIS SHEAR LUNACY BY THE FINANCE MINISTER. HOW LONG SHOULD BE THE PATIENCE, ANOTHER 39 YEARS? HOW CAN SOMEONE SAY THAT TO PEOPLE WHO ARE IN DIRE STATE, NO FOOD ON THE TABLE AND CHILDREN”S LIVES HAVE BEEN SHATTERED. HE MUTUVI KUVE IS LIVING LARGE AND HIS COMPANY, EVERYDAY THEY HAVE FULL COURSE MEAL WHILE THE MAJORITY CAN HARDLY APPORD A MEAL.
    THERE IS A SAYING IN WEST AFRICA THAT SAY; DRY DOG MEAT IS SWEET , BUT WHAT WILL I BE EATING WHILE THE MEAT IS DRYING.

    TO EXIBIT INSENSITIVITY OF THESE POLITICIANS ONE CALLED BHURU TPM WAS TWITTER WITH HIS CHILDREN SHOWING OFF HIS ABILITY TO FEED HIS FAMILY OVER THE INDEPENDANCE DAY. ONE WONDERS IF HE THOUGHT OF HIS CONTITUENCY WHERE POVARTY IS RUNNING HAVOC

  5. A lot of basic fundamentals are not in place for a better economy Mr Ncube. Excessive and luxurious spending is sill the norm for government, Civil service is still bloated with useless and ghost workers (ED recently made executive appointments), mismanagement nepotism and corruption still punctuate the government story. On FDI reforms requested by the international community for engagement have not been implemented, the few Russians and Chinese who are risking are treading very carefully and cautiously as trust and policy consistence are still non existent. In conclusion its naive and outright insult to ask citizenry to be patient forever. My humble advice to you is that loot quietly.

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