The Zimbabwe Electricity Authority and Energy Minister, Herbert Ushewokunze, seem to be playing a dangerous game that will ultimately hurt the consumer whom Ushewokunze claims he is trying to protect.
The present monetary measures which resulted in building societies suspending lending money for new projects coupled with the current drought could be a blessing in disguise to the individual home developer who has ready cash.
Illegal gold panners may be causing untold damage to the country’s rivers but illegal buyers are cashing in on these desperate villagers who are now selling the precious metal at ridiculously low prices just to afford a bucket or a packet of mealie meal.
Conflicting signals about investment in Zimbabwe have been flashed by the Confederation of Zimbabwe Industries (CZI), which represents the manufacturing sector of the country, and the International Finance corporation (IFC), the private sector arm of the World Bank, the main architect of the current economic structural adjustment programme.
News that Peugeot and TA Holdings are planning to assemble vehicles here is good news indeed because despite the limitations, cars assembled in Zimbabwe -on a dollar-for-dollar basis- are much cheaper than in Botswana or South Africa.
The local press seems to have a deliberate tendency to make everything regarding senior government officials sound so noble.