What Ziyambi said about the cash crisis in Zimbabwe in full


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Justice Minister Ziyambi Ziyambi, who is also the Leader of the House and can therefore answer any question on any ministry, yesterday insisted that President Emmerson Mnangagwa never promised to end the cash crisis in the country in the first 100 days when he assumed office in November last year.

He had been asked by Glen View North Legislator Fani Munengami why there were still queues at banks and no cash in the country when Mnangagwa promised to end this in his first 100 days in power.

“Speaker Sir. I would like to thank the Hon. Member for the question which he asked pertaining to the programme of Government, the Hundred Day Programme and what he indicated as promises to end queues within hundred days which is not correct,” Ziyambi said.

“When the President came in, he promised to introduce a new culture of working and of accountability. Hence the Government came-up with the hundred day targets to ensure that we turn around the economy and introduce a new culture and work ethic. Among the targets which were set, nobody indicated that the problem of cash is a problem that can be overturned overnight.”

Below is the debate in full:

HON. MUNENGAMI: Thank you Hon. Speaker. My question is directed to the Leader of Government Business. Hon. Minister  Ziyambi, as a nation we have gone more than hundred days now following the coming in of the new dispensation that was ushered in following the military intervention and following the promise by the President, His Excellency Cde E. D. Mnangagwa, that the hundred day period was going to be a trying period that had to make sure that we go forward as a nation; now following the expiry of the hundred day period, we still have queues in the banks and we still do not have cash in the banks. 

What is the Government Policy Hon. Minister with regard to the problem of cash shortages in the banks so that at least, we alleviate the challenges we are experiencing. I remember last time the President himself promised that, he would be in the queues yet we are still to see him there at least receiving his twenty dollar bond note just like everyone else is doing. In fact, it is no longer twenty dollars now. I think it is around five dollars and I hope he will be able to answer adequately. Thank you very much Hon. Speaker.

THE MINISTER OF JUSTICE, LEGAL AND PARLIAMENTARY AFFIARS (HON. ZIYAMBI): Thank you Mr. Speaker Sir. I would like to thank the Hon. Member for the question which he asked pertaining to the programme of Government, the Hundred Day Programme and what he indicated as promises to end queues within hundred days which is not correct. When the President came in, he promised to introduce a new culture of working and of accountability. Hence the Government came-up with the hundred day targets to ensure that we turn around the economy and introduce a new culture and work ethic. Among the targets which were set, nobody indicated that the problem of cash is a problem that can be overturned overnight. I thank you.

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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