For the first time, the state-controlled Herald admitted as much about this headache.
All Mangudya and his principals can do is just patch holes and react the same way Gono did, albeit with less subterfuge. That my friends, is what we are facing. There is no point in sugarcoating reality because there is no Sugarcandy Mountain anywhere near.
Robert Mugabe is the only President with the unique distinction of battering two different currencies in his lifetime and within a space of fifteen years.
He did not just ruin the Zimbabwe dollar, but also tore apart the United States dollar as we knew it 2009 to 2013.
So what needs to be done?
It is beyond the scope of this article. But we must deal with the fundamentals.
We have to make Zimbabwe attract national and international capital, re-kit our industries and produce for export, reopen redeemable parastatals and close the irredeemable ones, trim the public service, invest in infrastructure and transform our work ethic completely for the better.
The present government has proven, not once, but twice that they are clueless and cannot address the fundamentals.
In its current configuration, the government will never change our trajectory.
Serious inflation is coming and so are all the problems we have experienced before.
By Matt E.T Matigari for The Source