IN the last
weeks of November last year a new political party (Transform Zimbabwe) was
formed out of a prayer network and claims to be God’s own project to walk the
country out of its political, economic and social misfortunes.
Zimbabwe is currently in a serious economic crisis
underpinned by 80 percent unemployment rate,
shortage of power, a huge wage bill, an unfunded agriculture season, domestic
debt, sovereign debt, deindustrialisation, lack of FDI, lack of domestic
savings and vulnerabilities in the Banking sector.
The coming onto the scene by Transform Zimbabwe has
however resulted in many people wondering whether this could be the “Moses” set
to guide the country’s exodus from poverty to the good times.
Interim president Jacob Chengedzeni Satiya
Ngarivhume says his party will focus on re-engagement with western countries,
building an inclusive and competitive economy and empowering every Zimbabwean
through access to education, training and health facilities.
“In Prayer Network Zimbabwe, we have created a network
throughout Zimbabwe to pray for the spiritual renewal of the nation and heal
the social and economic fabric of our society.
“Our objective is to nurture in all our members those values of integrity, trust, transparency, accountability and goodwill we would like to see in our leaders
“Our aim is to cultivate leaders from all walks of life whose inner spiritual transformation, both in their private and public life, makes them exemplars and role models for those they lead,” he said in a statement.
“Our objective is to nurture in all our members those values of integrity, trust, transparency, accountability and goodwill we would like to see in our leaders
“Our aim is to cultivate leaders from all walks of life whose inner spiritual transformation, both in their private and public life, makes them exemplars and role models for those they lead,” he said in a statement.
It remains to be seen how the party proposes to tackle the
many challenges being experienced in the economy today which according to
former finance minister Tendai Biti is a result of dearth of leadership with
the craft competence ,the care and the vision to tackle the present challenges.
So dire is the situation in Zimbabwe that in the past few
months there has been massive devaluation of business confidence, activity and
wealth creation, with retrenchments, company closures and capital flight being
the order of the day since elections.
The liquidity crisis is so bad that echoes of 2008 are now
reverberating, there are now limitations on cash withdrawals, telegraphic
transfers are now taking longer and cash at ATMs is scarce for the bigger Banks
and totally extinct for the smaller Banks.
Statistics also indicate that up to August 2013 imports have
been around US$5.6 billion against exports of US$2.3 billion resulting in a
trade deficit of around US$3 billion
Tendai Biti said the problems facing the country
cannot be patched up overnight as they are a structural problem reflecting
collapse of the productive sector, adding that it is a supply side issue
demanding a supply side solution.
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