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ED’s Economic Turnaround Plan, A Pie in The Sky: Jonathan Moyo


Former cabinet minister Professor Jonathan Moyo has described President Emmerson Mnangagwa’s commitment to economic turnaround as a pie in the sky saying the current administration is trapped in the dark with no vision.

Moyo fled the country last November following a military driven power transition that targeted ‘criminals around the President’ including him, Savior Kasukuwere, Patrick Zhuwao and Mandi Chimene among others.

In response to questions from 263Chat on prospects of economic change under the new administration, Moyo lashed out at the government saying they have no plan in place to change the direction of the country.

“There are no such prospects from a government that has no plan for economic growth, let alone economic development,” he said.

“They are just muddling through, shooting from the hip and groping in the dark, using slogan sand mantras. The vision thing is a huge problem for them!,” added Moyo.

The Mnangagwa government has been on a re-engagement offensive reaching out to countries previously deemed hostile to Zimbabwe during the Robert Mugabe era under the mantra ‘Zimbabwe Is Open for Business’.

The new government has also appointed a technocrat in Professor Mthuli Ncube to head the ministry of finance and economic planning as part of efforts to try to restore confidence.

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Prof Ncube accompanied Mnangagwa to the United Nations General Assembly where he has continued to lure investors to come to Zimbabwe while announcing an ambitious plan to attain a middle income economy by 2030.

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