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Zanu PF Govt Clueless: Professor Moyo

Former cabinet minister, Professor Jonathan Moyo has lashed out at the Zanu PF led government insisting it is clueless.

The economy continue to sink beyond the reach of the new administration with commodity prices skyrocketing,  fuel shortages making own feet while the bond note value depreciates further to sell at more than 100 percent against the US Dollar.

Posting on his micro blogging twitter today, Moyo, a fierce critic of President Emmerson Mnangagwa said Zanu PF has become clueless as pressure mounts from its structures to rescue the country from an economic collapse.

“Veduwe. When you hear news that ZanuPF is probing shortages of basic commodities, you know government has become clueless and the even more clueless ruling party is responding to mounting pressure from its structures that see that the wheels are falling off!,” he said.

President Emmerson Mnangagwa has been on an offensive global re-engagement campaign centered on ‘Zimbabwe Is Open for Business’ mantra in a bid to attract Foreign Direct Investment (FDI) with the incumbent’s party saying foreign investment prospects had clocked at 16 billion on the eve of the July 30 elections.

Moyo fled the country in November during the military inspired protest that ultimately saw former president Mugabe resigning with the latter claiming his resignation was tendered to avoid bloodshed.

President Mnangagwa appointed Professor Mthuli Ncube as new finance minister, who is believed to have expertise in economic matters as the ruling party looks to him to save the nation from entering another 2008 era of hyper inflationary economy.

 

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