Kurauone Chihwayi (MDC National Spokesperson)
Harare, Zimbabwe (News of the South)-MDC is calling for Dr. John Mangudya to resign from the post of Reserve Bank governor as per his promise when he bet his job in the event that the bond notes do not successfully manage to mitigate the liquidity crisis in the country.
We ask Mangudya to honour his promise since the surrogate currency is rapidly losing value within a year of its existence in the market.
The sharp decline in value of bond notes is giving rise to a parallel economy in the illegal black market which has given a hike to prices of basic commodities amongst other goods, a situation similar to the one we witnessed during the 2007-2008 era.
Zimbabweans cannot be subjected to such a nightmare once more hence we demand the immediate resignation of the RBZ governor.
Millions of Zimbabweans continue to suffer under the harsh economic crisis as solutions to those problems remain elusive with the governor seemingly having completely run out of ideas.
Bank queues continue to be the order of the day and people who survive on cross border trading are rapidly forfeiting in their businesses as foreign currency continues to anonymously vanish from the market.
This proves that Mangudya is no more than a born again Gideon Gono whose policies will never revive the economy. It is clear that the longer Dr Mangudya remains in office economic revival will remain a pie in the sky for Zimbabawe.
We know it is in Zanu PF’s DNA to promise big and deliver zero, as did President Robert Mugabe’s promise to create 2 million jobs in 2013, where instead we saw unprecedented job losses.
By remaining as the RBZ chief, Mangudya will not only be proving that he is a disgraceful pathological liar, but that he holds little value of the lives of millions of Zimbabweans who spend several nights queuing for peanuts at banks and those who go to bed on empty stomachs because they can no longer sustain their cross border trade businesses.
He will also be telling us that he is hell-bent on running down the economy. As democrats we will not support or tolerate this.
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