🟣But @nickmangwana, can you not see that the real joke is that this lying, sponsored headline is sharply contradicted by the displayed price of that very newspaper which is USD4. This tells us that the newspaper itself doesn’t believe its own headline. They don’t trust the ZiG enough to price in it. How can they expect us to believe a headline that props up a currency they refuse to use? It’s a mess.
We need new leaders.🇿🇼
@nickmangwana Propaganda by the governor, ask him if ZUVA is selling in ZiG.
Everything else is just crude propaganda!
Until the ZiG is accepted by government for passports, number plates, customs duty and until it can buy international airline tickets and pay for fuel, it will fail.
🟣Dear @nickmangwana,
Is the Governor of the @ReserveBankZIM aware that his purported extension of the ZWL is illegal?
Does the Governor know that SI 60 of 2024 says the Zimbabwe Dollar expired on 30 April 2024? On what basis then does the Governor think he can change the law through a radio interview on @StarfmZimbabwe?
Does the @ReserveBankZIM have a legal department? Does the Governor seek legal advice from the Attorney General before opening his mouth? If he does, why would he break the very law that created his problematic experiment?
For the avoidance of doubt, the ZiG was introduced by SI 60 of 2024. Section 6(2) of this statutory instrument says that Zimbabwe dollars can only be swapped for 21 days after the introduction of the statutory instrument. The 21 days expired on 30 April. The provision specifically says “for the avoidance of doubt, it is declared that Zimbabwe dollar notes and coins in circulation will not be swapped after the expiry of the 21 day period.”
Of all the gaffes he’s made so far, breaking the very law that created the ZiG is perhaps the most outrageous, clumsy and laughable. How can we have confidence in something pushed by someone who doesn’t under the basics of the applicable legal framework?
It’s a mess.
We need new leaders.🇿🇼
People woke up this morning in America and asked, 'You mean it will soon be a crime to criticize Israel in the United States of America, and there is now a bill for it?" Unfortunately, yes, and many are mad. You mean, you can say 'fuck Joe Biden,' but you're forbidden to say 'fuck Benjamin Netanyahu,' a corrupt Prime Minister of Israel? Unfortunately, yes. What about the First Amendment? Does it still protect Americans? Yes, but not for hate speech. But who defines hate speech? Hate speech is antisemitism and antisemitism, according to the bill, is criticism of Israel. Are we now a dictatorship? Not yet, but very close. That's the level of insanity that often leads to blowback. A corrupt and extremely incompetent PM who should have resigned following the October 7 attack is still pretending to be a great leader. People buy his nonsense, and criticism of his response to the attack is now described as antisemitism.
ZiG succumbing to the same fate as its bond note cousin.
If it can't buy fuel & spares, why should kombi operators accept it?
If it can't pay kombi fares, why should commuters accept it?
If it has no stable market value, why should retailers who rely on SAn imports accept it?
The Zimbabwean Finance Minister holds a PhD in Economics, yet his statement on South African television resembles that of an illiterate person.
He boasts to South Africans that houses and cars are fully paid for in Zimbabwe, but he fails to provide an explanation why that is the case.
The reason behind this is the broken banking system, cars and houses are sold in US Dollars, yet banks lack US Dollars to lend to Zimbabweans.
As a result, ordinary Zimbabweans drive old cars because there are no car finance schemes available.
The absence of credit lines leads to reduced consumption and investment. Without access to credit, individuals struggle to make large purchases such as homes or cars, and businesses cannot invest in growth opportunities.
This situation also contributes to economic stagnation, as evidenced in Zimbabwe, where the lack of credit has led to decreased economic activity.
Additionally, it results in increased reliance on savings, which stifles economic growth.
Car companies and real estate cannot expand without credit lines available to citizens, thus exacerbating inequality in society.
Therefore, it is astonishing that a man with a PhD in Economics could appear on national television in South Africa and make such an outrageous statement, instead of being ashamed of the reality.
5,5 years ago Zimbabwe's finance minister was spinning this currency yarn.... how did that end up?
Now Zimbabweans have a new currency since early April that has already lost significant value.
Who remembers when VP Chiwenga in 2019 said others are saying RTGS will not work, but gov will make sure it will work & that you will not work, simple?
Well, the RTGS didn't work.
But gov assures citizens ZiG will work & those saying that it will not work will not work, simple!
“Zanu PF space barons protest against Coltart” @NewsDayZimbabwe . As appears from the @CityofBulawayo Town Clerk’s statement we are trying to restore order in the central business district on a completely non partisan basis.
It is important for everyone, irrespective of their political views, that we act to balance the interests of informal sector vendors and the formal business sector.
The chaos which has prevailed until recently in the center of the City cannot be allowed to continue.
We are systematically working on expanding further markets for vendors across the City which will provide attractive and safe environments for both vendors and their customers.
Madzibaba eShanduko: A @CCCZimbabwe Councillor candidate for Guruve has been sprayed with an unknown substance by @PoliceZimbabwe staff, and he cannot see anymore.
Disturbing images of a heavily polluted Lake Chivero, we need to act faster to prevent an environmental catastrophe.
This matter has to be addressed with urgency by all stakeholders, govt,@cohsunshinecity, @EMAeep, and companies.
@BarbaraRwodzi@JMafume
Stanley Kakubo, the Zambian Foreign Affairs Minister who is reported to have received $200 000 from Chinese Nationals in a video shared today has this evening resigned from his position as minister. For the sake of our country, noble men step aside from government when wrong !!!
When I relocated back to Zimbabwe in 2003, the ZANUPF Government refused to allow me to practise journalism in Zim because I was working with the BBC.
Stuck in Harare, I had two options, to go back to England where I had spent the last 9 years studying and working, or staying put in Harare.
I chose to stay, but without a journalism job, I had to make a plan.
I became one of the biggest mobile phone suppliers in Zimbabwe, importing mobile phones from London and supplying mobile phone shops and even networks like Econet and NetOne.
I used to fly to London three or four times every month, I was loyal to Air Zimbabwe which flew 3 or 4 times a week to London.
The route was very productive and financially viable for Air Zimbabwe, but as usual, ZANUPF destroyed not only the airline’s London route’s productivity, it also hired incompetent managers to run the airline.
Sometimes Robert Mugabe would just take the plane for his own use and a flight would be cancelled, or a direct flight from Harare to London would be diverted to another destination that he was going to, and we would be downgraded from Business Class to Economy to accommodate the old git.
My mobile phone operations required me to be in Manchester or London by appointment because the mobile phone suppliers there were failing to meet demand, so it was a first come first served basis but by appointment.
If you missed your slot, you would have to wait in London with screaming customers in Harare waiting.
Unlike in other countries where I have done this business, Zimbabwe didn’t have a working banking system which I could use to wire money and get the product send to me without having to fly there.
I literally lived on the Air Zimbabwe Boeing 767 planes, the flight crew were now my second family.
Today it hurts me to see this airline dead, many families who relied on it for work are starving and our national pride gone.
Unlike my path where I relied on adaptability and resourcefulness navigating challenges thrown at me by the ZANUPF regime, not many could manage the complexities of the airline’s disruptions.
Many businesses that relied on the existence of the airline folded.
I was able to develop a successful mobile phone business in the absence of a stable banking system with the assistance of the airline.
My professional path evolved in unexpected ways, but I wouldn’t have made it without Air Zimbabwe.
I won a British Government Chevening Scholarship in 2006 which took me back to London to read documentary filmmaking and with that, my journalism career moved from radio to television joining Britain’s ITV News.
But not many entrepreneurs had the luxury of winning scholarships and going back to their traditional careers like I did, many collapsed without the services of the airline.
I was lucky to be one of the pioneers of this “cross border” mobile phone bulky supplier trade.
Econet and other big mobile phone suppliers needed phones to put in their shops, but they were selling in Zim Dollars as mandated by the law, and the central bank couldn’t give them foreign exchange.
So people like myself became the middlemen taking the burden of looking for foreign exchange on the streets, selling the product to the big companies in Zim Dollars and going back on the streets again for more forex.
We kept Zimbabweans talking thanks to the availability of Air Zimbabwe, sadly that route died years ago.
This story is not just about Air Zimbabwe, it is also a message to the youths about a testament to resilience and resourcefulness and overcoming challenges in a complex environment.
The intertwining of my business success with the rise and fall of Air Zimbabwe and how crucial the airline was for facilitating my mobile phone business and supporting other entrepreneurs is the reason why we continue calling for change.
We have traveled many paths and we know that with the right environment, many will prosper.
But meanwhile, keep looking for opportunities created by the mess!
Where on earth do you see an election where a polling station is on a General's farm and the results from that farm is ZANU 654, CCC - 2. Yet at the shops that are 1km away, ZANU 350, CCC 332. I can't let you guys keep doing this!😭
@Jesmunga@unityfreedom That was horrible from the state. Instead of protecting you as per their constitutional responsibility, they decided to endanger you through abduction, torture and inhuman treatment