
Anyone knows whether the Reserve Bank governor is still at work? It’s been a long time since we have heard from him. The Zimbabwean dollar has been on free fall against major currencies. Now trading at about one British pound to 230 million Zimbabwean dollars. The economy is in free fall, there doesn’t seem to be a solution to the cash problems in the banks. Inflation is estimated to be over 150 000 percent, which some say is a more conservative figure. Is there anyone in charge of the monetary system in Zimbabwe?
He used to appear everywhere, even spearheading the government’s Operation Maguta Scheme, meant to provide more food to the people after the food shortages caused by the land invasions. I used wonder what the governor was doing spending time in the farms as if he was an agricultural officer. He used to involve himself in events in nearly every other ministry, so what has happened now? Has he finally realised that Zimbabwe is a bigger problem that he can not probably solve?
First there was Sunrise 1 and then there was sunrise 2, all in an effort to solve the Zimbabwean crisis. Did he achieve his objectives? Big NO! Zimbabwe is even worse of. He even rewarded the people of Zimbabwe with a new $50 million bank note. Now you can note even calculators when dealing with these Zimbabwean notes. There are just too many zeros on the notes. He even tried removing those zeros, and again that did not help. Oh! Mr Gono, what happened to the much talked about saviour of the Zimbabwean economy?
Do you remember him and his homelink project? We new that was never going to succeed it was another ploy to get the all important foreign currency from Zimbabweans in the diaspora.
“Dr Gono is a celebrated patriot who has done all he can to assist the government to keep our ship on course amid holes punctured by MDC and it’s Western allies through economic sabotage and heinous sanctions” said Adv Martin Dinha in an address to Zanu PF mayors.
Hopefully Mr Gono is working on better plans to pull Zimbabwe out of this economic mess.
Related posts: