Page 66 - Msingi Afrika Magazine Issue 27 Final
P. 66

Food Health



               days, it is this same hoarding   Chimuka, Sandra Mpunga,         empires outside and millions

               of dollars by our so-loved       Divine Ndlakhula, Simon         in tax havens must account for
               foreign investors and white      Rudland, Billy Rautenbach,      how they took that money out
               farmers  in  the late 1990s      Shingi  Mutasa  and  such,      of the country and where they

               and early 2000s, that began      these guys have shown  a        can’t justify, their licenses
               the cycle of depreciating the    huge propensity to reinvest     should be revoked and given
               local dollar when they got       back in the country and use     to more loyal Zimbabweans.
               enraged at the government        its local currency for their    Our own government must
               for compensating our war         business activities.            build  enough  confidence

               vets for their liberation                                        in the local currency by
               contribution.                    With their money they have      demanding and accepting
                                                invested in infrastructure      the ZIG for all their services.

               It    is     through     such    construction, fuel supply,      They must also stop the
               externalization that many        buying            contracting   illogical     multi-currency
               black businessmen who were       machinery,          building    system and simply stick to
               empowered by indigenization,     factories, buying conpanies,    using the gold backed ZIG
               have homes and wealth            building      hotels     and    for all internal transactions to

               outside the country, instead     developing Zimbabwe more        avoid unnecessary arbitrage.
               of reinvesting back in the       than some billionaires who
               country that made them.          after making their money in     Meanwhile banks must offer

                                                Zimbabwe,  bought  dollars      deposit protection insurance
               This  is  one  of the  reasons   on the black market and         that   enables   people    to
               we say, for the ZIG to           laundered it out of the         bank their dollars in local
               survive, the Zimbabwean          country to build empires        commercial banks so that
               government      must    focus    elsewhere.                      they are available for foreign

               on directing its tenders,                                        exchange to government,
               licenses,    and    contracts    The latter love being in        importers  and  travelers,  to
               more to Zimbabweans who          Zimbabwe with its warts         kill the black market.

               prefer living in Zimbabwe,       and all, and our government
               than  foreign  companies  and    must invest more in such        We have to wean ourselves
               Zimbabweans      who     have    people because they will be     from our old selfish habits if
               shown a propensity to prefer     the engine of the economy       we are  going  to strengthen
               using Zimbabwean profits to      by reinvesting in it and by     our ZIG.

               live outside like colonizers.    so doing strengthening the
               No     matter   how     much     value  of  the  ZIG  through
               people may hate people           local production.

               like   Phillip   Chiyangwa,
               Mashwede, Kuda Tagwireyi,
               Scott Sakupwanya, Obey           Those with billion-dollar



              WWW.MSINGIAFRIKAMAGAZINE.COM
       66
               |   we tell the true afrikan story
   61   62   63   64   65   66   67   68   69   70   71