Home World News Zimbabwe News Temba Mliswa: ED and his administration should admit, the Zim dollar experiment...

Temba Mliswa: ED and his administration should admit, the Zim dollar experiment has failed

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Temba Mliswa

Temba Mliswa: ED and his administration should admit, the Zim dollar experiment has failed. Temba Mliswa urged authorities to accept that the lockdown is no longer in force and come up with a response that acknowledges that the novel coronavirus is among us and allow people to resume economic activities.

Norton Member of Parliament (MP) Temba Mliswa (Independent) has said the government is burying its head in the sand by insisting on the use of the Zimbabwe dollar and pretending that the country is still under lockdown.

The outspoken former ZANU PF top official also called on the government to admit failure in its Zimbabwe dollar project and fully dollarize the economy. Said Mliswa: We are wasting time lying to ourselves that we have a lockdown just as we are refusing to face the truth that the bond note has failed and we need to dollarise. It doesn’t make sense.

Let’s face reality and respond accordingly instead of putting heads in the sand. The lockdown is no longer being followed, people are all over in the locations moving and trading and doing business.

It’s time we accepted that fact and implemented a response that accepts the presence of both #Covid19 and the need for people to get back to earning a living. Mliswa added that dollarisation, and not political whims or propaganda, will stabilise the economy. He said:

The same with the bond notes. They have failed to achieve their objective. The economy is in a tailspin, inflation over 700%. The nearest solution to stabilise it is dollarisation.  Economics is a science and will not bend to political whims, propaganda or unscientific conjecture.

Source – Pindula News

In other news – Kapfupi announces sad news

Kapfupi announces sad news. Freddy Manjalima better known as Kapfupi had some bad news to share on his Facebook account in the late hours of the afternoon today. He has worked with a lot of artists that is actors and mainly comedians in the country and this was one both the people we came to know through working with the legendary comedian.

KapfupiIt was with pain that Kapfupi announced the sad news of the passing of his fellow comedian. Check his post he posted on Facebook below…continue reading.