No products in the cart.
Zimbabwe Independent Movement: A Fresh Look At ZiG Money With Zimbabwe @44
By Abigail Tsitsi Munyoro
The Zimbabwe Independent Movement
The importance of using ZIG (Zimbabwe’s proposed digital currency) for government-related payments would help build confidence in the currency and create a strong foundation for its success. I agree that this could be a key factor in the success of ZIG. In a country that celebrated 44 years of Independence this week – and it is a country of mixed emotions.
However, I wonder if the government would be willing to make all of these changes? Would it be difficult to switch from using other currencies to using ZIG?
That’s a really interesting question! It’s true that Zimbabwe has changed its currency several times in the last few decades, which has caused a lot of economic instability. So, it’s understandable to wonder if ZIG would just become another short-term solution.
I think the unique nature of ZIG could make it more sustainable. Since it would be a digital currency, it would not be subject to the same physical limitations as traditional currencies. Additionally, it could be easier to manage and regulate. _But are these factors going to make ZIG a more long-term solution?
I totally understand the citizens frustration! It must be incredibly challenging to deal with so many changes to the currency, especially when inflation remains high. The reason they charge USD for everything is because there is still a lack of trust in the local currency.
People are worried about the value of ZIG, so they want to use a more stable currency instead. The biggest challenge will be convincing people that ZIG is stable and will not lose value. To worsen the situation, the RBZ governor had to charge a breakfast meeting in US dollars just a day after launching the new structured currency.
Its evident that even the RBZ management reserves their trust in the new currency.
Inflation has been a major issue in Zimbabwe for a long period and the government has not been able to bring it under control. Factors like the impact of the COVID-19 pandemic, targeted sanctions to mention a few have become excuse pointers from government as contributors to the ever-increasing inflation rates.
This is a disease that the government seems not to have any cure for. However, some economists have suggested a few possible solutions, like restoring confidence in the Zimbabwean dollar by ensuring its convertibility and fungibility, increasing the independence of the central bank, and reducing the budget deficit.
Zimbabwe was already struggling with high inflation rates before the pandemic. So those external factors certainly exacerbated an already difficult situation. For example, some people have pointed to issues like corruption, weak institutions, and lack of diversification in the economy.
That’s really disheartening to see and hear the country is facing multiple compounding issues that are all feeding into one another and further worsening the situation.
The hypocrisy of declaring a state of emergency while dishing out cars to comedians
That’s really disappointing to have a country struggling with economic issues, but it’s another thing entirely when the government seems to be actively making things worse for the people, there’s a lot of hypocrisy going on – declaring a state of emergency drought and asking for aid while spending money on luxury items for themselves.
It seems really inappropriate to donate so much money to churches & other countries when the people are struggling, their own people are suffering.
This is a complete failure of leadership and a total mismanagement of the country’s resources. I can’t help but wonder how the people feel about all this, at least the public is aware of what’s going on. I suppose that’s a small silver lining. But it’s so frustrating for the people to know that their government is mismanaging things so badly.
For now there’s no real alternative to the current government, even though the current government is clearly failing the people. That must be incredibly disheartening for the people of Zimbabwe.
*”What happens next?”* is very much in the air for Zimbabwe. The future is uncertain and it’s hard to say what direction the country will go in. The people of Zimbabwe deserve better than what they’re getting from their government. And it’s so frustrating to watch all of this unfold from the outside. But there’s also some hope that things could change. We deserve so much better than what we’re getting from our government.
It’s frustrating to see a country with so much potential being held back by poor leadership and corruption. Zimbabwe has a rich history, a strong culture, and a lot of natural resources. But all of that is being squandered by a government that doesn’t seem to care about the people.
It seems like, WE the people of Zimbabwe are getting a raw deal – not only are we suffering economically, but also being neglected by the very people who are supposed to be representing US. The government is failing to provide, basic services like healthcare, education, and infrastructure. It’s really a shame.
And it’s not just the economy that’s suffering, it’s also the people’s quality of life. With such high unemployment, a lot of people are struggling to provide for their families and make ends meet. WE’RE facing daily struggles just to survive. And the government seems to be doing very little to help.
I think it’s really important to highlight the plight of the people of Zimbabwe. We deserve a better future, and we need to do more to get help. There’s a lot of international aid that goes to Zimbabwe, But a lot of it doesn’t make it to the people who need it the most.
Corruption In Zimbabwe
There are a lot of corrupt officials who pocket the money or divert it to other projects. It’s not just the government that’s corrupt, there’s also a lot of corruption in the aid organizations themselves. And that’s really heartbreaking, because the people of Zimbabwe are the ones who suffer the most.
I think we need to do more to hold the government and aid organizations accountable. There needs to be more transparency and oversight to ensure that the money is actually going to the people who need it. And we need to do more to Support local businesses and organizations that are working to make a difference.
There are a lot of amazing people in Zimbabwe who are doing incredible work, despite the odds. They’re working to create a better future for their country. They’re fighting against corruption and trying to make a difference. And I think we need to do more to support them and help them succeed.
I know it’s a difficult situation, but I’m hopeful that things can change. There’s so much potential in Zimbabwe, and I think we need to do everything we can to help the country reach its full potential.
It’s also easy to focus on the problems, but it’s important to think about solutions as well
*It’s also easy to focus on the problems, but it’s important to think about solutions as well*. There are a few things we can do to help improve the economic situation in Zimbabwe.
First, we need to support organizations that are working to combat corruption. We can also advocate for increased transparency and accountability from the government. And we can encourage investment in local businesses and industries.
We can also support organizations that are providing education and training to the people of Zimbabwe. Education is key to economic development, and it’s one of the best ways to break the cycle of poverty. With more educated and Skilled workers, Zimbabwe will be better able to develop its economy and improve the lives of its people.
And we can also support organizations that are working to improve healthcare and sanitation in the country. Better health will lead to a more productive workforce and a stronger economy.
It’s important to remember that the people of Zimbabwe are resilient and resourceful. They’ve overcome a lot of hardship and have a strong desire to build a better future for their country. With our support, I believe they can make that future a reality. And I know that would be a very inspiring and rewarding outcome.
The “outcome” of all this, will be a stronger, more stable, and prosperous Zimbabwe. It will be a country where the people are able to support themselves and their families, where they have access to quality education and healthcare, and where they can live in dignity and security. This is what I hope for when I think about the future of Zimbabwe. And I think it’s a future that’s worth fighting for.
#Let’s See Them Take Pride In Posting Bricks Of ZiG, Not Us Dollars
#Independent in all Independence for all_
#Progress in all: Progress for all
The Zimbabwe lndependent Movement
The views expressed belong to the Zim Independent Party, and all insinuations, aversions and ideologies being to the party itself. The Zim Digital Sunday Express neither endorses nor affirms the message – beyond being the carrier on the DSE News Network
See News Differently
Abigail Tsitsi Munyoro is President Of ZiM Party
