Mnangagwa Blasts Zimbabweans Taking Cash Out of The Country

President Emmerson Mnangagwa has expressed concern at the tendency by Zimbabweans to siphon cash out of the country, saying it is hampering efforts by the government to address the current cash shortages in the economy.

Zimbabwe’s incoming president Emmerson Mnangagwa (L) speaks to supporters flanked by his wife Auxilia at Zimbabwe’s ruling Zanu-PF party headquarters in Harare on November 22, 2017.
Zimbabwe’s former vice president Emmerson Mnangagwa flew home on November 22 to take power after the resignation of Robert Mugabe put an end to 37 years of authoritarian rule. Mnangagwa will be sworn in as president at an inauguration ceremony on November 24, officials said.
/ AFP PHOTO / TONY KARUMBA

Addressing mourners at the burial of the late Consul General John Chimbandi at the National Heroes Acre in Harare today, Cde Mnangagwa said the government is working hard to turn around the economy and address immediate challenges being faced by Zimbabweans.

He however said despite some impediments, such efforts will succeed.

“I am aware that our people continue to face hardships linked to shortages of cash in the economy. My government remains fully seized with the matter. We have, to date, released millions of United States dollars into the market for circulation to ease this problem, however, as soon as the money is injected into the system, it is sponged out,” Cde Mnangagwa said.

He urged Zimbabweans to embrace the use of plastic money in line with global trends, and was quick to cal for stakeholders to ensure that the transacting public is not punished through excessive charges for electronic transactions.

The President reminded Zimbabweans that it is their duty to ensure that the country is indeed in a new mode, and that it becomes a new Zimbabwe on a new development trajectory, with new opportunities and freedoms.

He said he believes in servant leadership.

“I am a servant leader and listening President. My government is fully cognisant of that the power belongs to the people and that they expect the upliftment of their welfare,” he said.

On elections, President Mnangagwa said it is the duty of his government and all stakeholders to ensure that the country delivers an undisputed election.

“Through the 30 July elections, we want to show the world that our democracy has come of age. It is the duty of all of us, including political parties to display the same resolve and commitment to peace and unity both in speech and deeds. I urge the people of Zimbabwe to be hospitable to all visitors to the country, including election observers. Election observers should also acquaint themselves well with the country’s electoral laws,” he said.-ZBC