By Dr Tapiwa Mashakada
Zimbabwe’s economy can be transformed through sustainable development based on the religious implementation of the 17 SDGs.
However the first order of business is maintaining macro-economic stability which is presently harmstrung by exchange rate volatility and currency depreciation on the back of hyperinflation.
The Trinity of domestic currrency, foreign currency and the resultant exchange rates have become the elephants in the living room together with rent seeking and asset stripping.
What is the solution?
In my view a Transitional Mechanism would have to initiate economic reforms and electoral reforms to prepare for a free and fair election that will usher in a new administration which is legitimate and ready to engage the international community and embrace democracy, good governance, rule of law, economic policy reforms and ensure peace and security of citizens. Without a legitimate government born out of free and fair elections we must keep goodbye to a prosperous Zimbabwe.
The problem in Zimbabwe is political not economic. The IMF was recently alarmed by the rate of decline in GDP to an estimated 0.8 percent drop.
This free fall is worrisome as it will spell poverty and continuous suffering of Zimbabweans.
This is the reason why Zimbabweans must find each other.
We must behave like a truly educated people with sharp brains.
