
By Antony Taruvinga
For those of us who have a deeper understanding Zanu PF mentality, there is absolutely nothing to celebrate about the return of US dollar.
Of course, they took the advice from the MDC but we did not say just bring the US$ alone and every will start working.
The economy is not a currency, a currency only reflects the state of the economy. Without addressing the macro economic fundamentals and the legitimacy question, forget about the economy.
The people must never trust this government with foreign currency deposits. They are actually looking for the US$ to finance their lavish lifestyles.
They will let you do deposits, allow you to withdraw some, it will come a time – mostly when foreign currency deposits are enough for themselves – to raid all foreign currency accounts and replace balances with useless ZW$.
As COVID-19 wreaks havoc, it’s time for Zanu PF to make money.
It’s no coincidence that they lifted the ban on the US$- at the same time refurbishing a COVID 19 facility for the rich.
They are ready to loot all COVID-19 donations…