Zim economy in shambles: CSOs - CNBC Africa

Zim economy in shambles: CSOs

Southern Africa

by Trust Matsilele 0

Zimbabwe's deputy president, Joyce Mujuru is constitutionally Mugabe's legitimate successor says Ibbo Mandaza.

According to the World Food Programme (WFP) the country’s 2.2 million people will require food aid in 2014 and with the near collapse of state capacity, citizens will have to rely on donor aid.

(READ MORE: Post-election outlook for Zimbabwe bleak)

Dewa Mavhinga, the Crisis in Zimbabwe Coalition chairperson addressing a press conference in Johannesburg noted that policy inconsistencies were partly contributing to lack of investor confidence.

“Zimbabwe is again going through an economic decline coupled with endemic corruption in both the public and private sector,” noted Mavhinga.

Political economist, Ibbo Mandaza, director of the Southern Africa Political Economic Series Trust (SAPES Trust) augmented claims made by Mavhinga saying the once breadbasket of southern Africa was in shambles.

“The government is suffering from serious capacity deficit with 50 per cent of the productive skilled manpower now in diaspora,” said Mandaza.

Mandaza added that few countries in the world survive the deficiency Zimbabwe has gone through.

An alleged pro-Mujuru loyalist, Mandaza took the opportunity to dismiss media reports suggesting serious internal factional fights in the ruling ZANU PF.

“Zimbabwe’s constitution is clear when it comes to the issue of succession. Our constitution clearly states that the first vice president takes over in the event of the incumbent being incapacitated or dying in the office,” he said.

He also noted that the political discourse on power struggle within ZANU PF was hurting the economy and investor confidence.

Blessing Gorejena, co-ordinator at the Zimbabwe Human Rights NGO Forum said the government’s failure to make necessary alignments and changes in the new constitution was affecting effectiveness of state delivery on protection of basic rights.

“Our government is failing to usher in a new constitutional dispensation as expressed in the new constitution. Even with new created bodies mandated to address issues like transparency and accountability, corruption was still the order of the day and being committed with impunity,” she said.

The civic leaders urged the government to continue using the multi-currency system until there is some level of stability.

(READ MORE: The return of the Zimbabwean dollar)

They also urged the country to re-engage the international community and promote greater transparency in the extractive sector.

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