Mugabe’s SONA speech Skirts Cash Crisis, Bond Notes

The generality of Zimbabweans, eagerly waiting for an end to the cash crisis hitting the country since July have been left disappointed after President Robert Mugabe ignored the issue in his state of the nation address in parliament on Tuesday.

The central bank introduced bond notes were expected to bring an end to cash problems, but it appears this has only worsened the situation as queues are now longer than before.

Long queues at banking halls have become a permanent feature in all cities and towns as people scramble to get cash and the expectation has been that the President will address this problem which is likely going to worsen during the festive season as people spend and travel for the Christmas holiday.

More so, civil servants were also eagerly hoping to hear government’s plan on their salaries and bonuses which have not been paid despite commitment to grant them their 13th cheque.

However, President Mugabe rather chose to hail Statutory Instrument 64 of 2016 which banned importation of goods into the country, saying it has brought positive results to the economy.

He also took used his state of the nation address to urge people to keep on praying for the nation and economic freedom. “Let us all continue to pray for the nation, and continue to work hard and pray for the economic freedom,” said Mugabe

President assured the nation that command agriculture will help in feeding the nation, acknowledging the support his government received from development partners to address the critical food situation caused by El Nino induced drought.

 

 

 

 


Bond NotesCash crisisPresident MugabeState of the Nation Address