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Monday 21 June 2010

Bring back Zimdollar: Zanu PF zealot wails

The worthless currency that Zanu PF zealots were availed by Reserve Bank Governor Gideon Gono and they in turn used to buy fortune and fame is now yearned for as the zealots find that money does not grow on trees.
By: Matthias Kufandirimbwa,



To show how fearful Zanu PF is at the prospect of impending elections to wind up the coalition government the Herald has been publishing letters from Zanu PF supporters like Matthias Kufandirimbwa who is infamous for his vicious campaigns for the party in Kuwadzana but whom the Herald would like to sell as a property market analyst.

We reproduce the masterpiece he wrote to the Herald on Saturday 19 June 2010 to Party President Robert Mugabe pleading for postponement of the elections and reintroduction of the invalidated Zimdollar that brought him fame and wealth he is now dreaming of as loopholes for black marketing have been closed by the multicurrency fiscal regime currently obtaining in the country.


EDITOR — This is an Open Letter to President Mugabe.

First, I would like to congratulate you on attending the official opening of the first Soccer World Cup hosted in Africa, for if you were not there it would have lacked the one person who represents African ideals supported silently by millions of Africans who cannot speak openly in support of your stance on total independence, because of the backlash they would get from neo-colonialists using the so-called independent media.

But there are urgent matters that have forced me to dedicate my time to my one and only hero.

I have never doubted your leadership capabilities because you continue to lead with the zeal and energy you displayed when you took the helm in 1980.

I also believe that anyone who listens to your advice on Government business will one day enjoy his/her place in the sun.

Reports that more than 110 000 pupils will not sit for the November examinations makes very sad reading.

The fact that millions of dollars are spent on the Presidential scholarship programme demonstrates your desire to empower the youths who are the future of this country.

In this regard, I humbly ask your esteemed office to intervene before the future of many bright young men and women is destroyed.

It is possible to extend the deadline or for the Government to underwrite the whole amount because failure to pay demonstrates the impact of foreign currency-induced poverty on the Zimbabwean population.

Many companies are downsizing because of lack of funds to buy new machinery or replace obsolete ones currently in use.

Unemployment, which stood at 80 percent at the inception of the inclusive Government is currently estimated to be more than 90 percent.

In this regard I urge your good office to announce the return of our beloved Zimbabwe dollar. The US dollar must return to its primary function of being a reserve currency (currency reserved to cover for a country’s imports).

It is on record that your office never gazetted the death of our Zimbabwe dollar but it was statements by two "super" ministers responsible for finance and economics that made our currency moribund. Even though the then acting finance minister Patrick Chinamasa had introduced the multi-currency regime, he envisaged the Zimdollar to be part of that system.

Councils and Zesa Holdings are owed millions of dollars by residents. You have heard reports that some unscrupulous council officials are changing ownership of council houses.

The reason why people are not paying is because the little foreign currency remitted from relatives outside the country is overwhelmed by the daily household requirements. If the Zimbabwe dollar returns, councils and the power utility would not need to rely on revenue collection but can get Government guarantees to borrow from the domestic market.

The acquisition of a former white-owned company by the Harare Mayor does not send good signals on indigenisation, not because the mayor comes from your political opponents.

The mere fact that rich people are benefiting means that the person on the street will never benefit from indigenisation.

Unless checked it may just be changing ownership from a white minority to a black minority, meaning sowing seeds for a Fourth Chimurenga.

Until such a time that a majority of our people have disposable incomes can we talk of indigenisation and empowerment?

This means that the current Government must work very hard to reduce unemployment by doing everything in the book to improve the lives of ordinary Zimbabweans instead of preparing for elections that have divided our great country since 2000.

Lastly, bring the hardest working minister since independence into the Cabinet, and there are no prizes for guessing that Professor Jonathan Moyo is missing in the Executive arm of Government.

These suggestions might be on your desk right now because I don’t doubt the competence of your officials. So as I finish this letter I look forward to your good judgment, and salute men with spine like Tafataona Mahoso who wrote about the need to re-introduce the Zimbabwe dollar.

Matthias Kufandirimbwa, via e-mail. : www.Herald.co.zw 19 June 2010

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