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Zim economy to shrink 13%: EIU

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BY FIDELITY MHLANGA

At a time Zimbabwe is anticipating a 3% economic growth, the United Kindgdom-domiciled global business intelligence entity, the Economist Intelligence Unit (EIU) has predicted the economy to shrink by a monstrous 13% this year.

Zimbabwe features among the worst performers, coming second to Venezuela whose economy is envisaged to contract by 20,5%. Zimbabwe’s gross domestic product (GDP) growth is expected to contract -12,9%, the EIU said in its latest report.

Labour and Economic Development Research Institute of Zimbabwe economist Prosper Chitambara highlighted that indications on the ground suggest the economy, which is already wallowing in the throes of runway inflation, severe drought and currency devaluation, was slowly contracting.

“Well, I think there is going to be a contraction. The situation on the ground shows there is going to be drought that will affect the GDP growth. Also globally, there are economic headwinds that will also have a bearing on our economy. The economy will contract this year. However it’s too early to come up with an actual percentage,” said Chitambara.

According to the International Monetary Fund, Zimbabwe’s economy contracted 7% in 2019. Treasury, which has predicted a 3% economic growth this year said the 2020 budget was centred on ramping up productivity in the agriculture, manufacturing, mining and services sectors to create jobs and reduce imports.

Zimbabwe is currently experiencing one of its worst economic challenges in a decade with about eight million people facing starvation. June last year, government made a surprise announcement of the return of the Zimbabwe dollar as the sole legal tender, albeit with inadequate foreign currency and mineral backing causing the currency to lose value within a short period of its introduction.

Salaries have not kept pace with the depreciation of the Zimbabwe dollar, civil servants have only be awarded a 100% increase which has left many of them failing to sustain themselves amid rising prices which are estimated to have increased by more than 1 800% compared to 2016.

According to the EIU, Guyana is expected to register the best performance with its GDP expected to grow by a huge 35%. Rwanda is expected to come second with a growth of 8,1%.

De Jongh pledges Champions League glory

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BY TERRY MADYAUTA

NEW FC Platinum gaffer Pieter de Jongh wants to improve the club’s performance in the Caf Champions League where they have been struggling to make a mark.

The Dutchman was unveiled yesterday at Mandava Stadium together with goalkeepers’ coach Tembo Chuma, who replaces Daniel Khumalo who was sacked last week.

Lizwe Sweswe, who has been holding fort at the club since the departure of Norman Mapeza last year, reverts to his post as assistant coach.

The Premier Soccer League champions have been reduced to a punching bag in the continental premier club competition, particularly in the group stages.

In the current campaign, FC Platinum have lost all three matches that they have played in the group stages and face Al Ahly of Egypt this weekend in Bulawayo.

In the previous edition, FC Platinum managed just one point in the group stages under Mapeza.

De Jongh believes the club has enough resources to do better in the club competition.

His first test will be against eight-time club African champions Al Ahly on Saturday at Babourfield
s, where he will be hoping to end their dry spell.

They are the only winless side in Group B, having lost, 2-1 against Al Hilal of Sudan before they were pummelled 3-0 at home by Tunisia’s Etoile du Sahel while in their last match against Al Ahly they lost 2-0 in Egypt.

Addressing a Press conference at his unveiling ceremony yesterday, the former Highlanders gaffer pledged that he would bring more glory to the Zvishavane side.

“I am happy with the welcome here. This club is an emblem of co-operation. I am here to bring more success,” he said.

“I don’t look at short-term goals, I am focusing on long-term goals which is to bring more exciting football, more possession and attacking football to this club.

“The previous coach did a very good job at the club, he was a very good Zimbabwean player.

“So I hope to deliver more for the club and keep the growing history of this club. I hope to use my qualities to help the team move to the next level and with good co-operation, I believe all this can be possible.”

De Jongh, however, refuted claims that he was angling for the Warriors job, saying he is committed to serve FC Platinum.

Despite winning the league title, Sweswe failed the Champions League audition after presiding over three defeats in the competition.

Son in court for invading mother’s privacy

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BY DARLINGTON MWASHITA

A 24-YEAR-OLD man from Thorngrove in Bulawayo has been arrested on charges of invading his mother’s privacy on several occasions.

Algernon Antony was not asked to plead to criminal insult when he appeared before Bulawayo magistrate Lizwe Jamela on Friday.

He was remanded out of custody to tomorrow.

The court was told that on December 16 last year, Algernon’s mother, Tiffany Antony (43) was in her bedroom with her partner.

Algernon allegedly stormed into the room and watched for three minutes while the two lovers were being intimate.

It is the State case that on December 19 when his mother was bathing, the accused also broke into the bathroom and found her undressed.

The court heard that when the mother confronted him over his behaviour, he challenged her by asking what she thought he would do to her.

The complainant reported the matter to the police, leading to her son’s arrest.

Indian tourist arrivals up 79%

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BY MTHANDAZO NYONI

TOURIST arrivals from India increased by 79% to 12 465 last year, prompting the Zimbabwe Tourism Authority (ZTA) to scale up its destination awareness campaigns and visibility on the Asian market.

In 2017, tourist arrivals from that country stood at 6 960.

As part of its effort to grow this emerging tourism market, ZTA — will for the first time — exhibit at the 27th edition of the South Asia Travel and Tourism Exchange (Satte) in New Delhi, India, starting from tomorrow until Friday.

Satte is one of the leading business to business platforms which bring together global travel and tourism players, focused on tourism business exchange.

“As a country bestowed with rich cultural heritage, destination Zimbabwe is strengthening its tourism business and entering emerging markets. The potential is huge and our main thrust is to continue intensifying our marketing efforts in this market in particular,” ZTA acting chief executive, Givemore Chidzidzi said in a statement.

Chidzidzi said this year the organisation was focusing on nurturing and growing new and emerging tourism markets.

“There is need for us to mark our presence in the Indian market. We will have to be actively increasing our marketing activities there. To kickstart this process, we will be participating at the Satte 2020,” he said.

“The fair will provide a platform for the country’s tourism industry players to establish new business partners and strengthen relations with key partners and stakeholders from the Indian market and beyond.”

As part of their plan to solidify their presence in the Indian market, Chidzidzi said they will do follow-up roadshows later in the year.

India is part of the Brazil, Russia, India, China and South Africa (Brics) family, hence it has emerged as one of the fastest-growing economies and dependable tourism markets globally.

Zimbabwe recently upgraded the Asian nation to category B on its visa regime. This means Indian travellers can apply online and obtain visa at ports of entry.

Govt defends ED’s military joke

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BY Richard Muponde

GOVERNMENT yesterday said President Emmerson Mnangagwa would not apologise over the alleged “insensitive and tasteless jokes” he made during a clean-up campaign in Harare’s Kuwadzana high-density suburb on Friday.

Mnangagwa torched a storm last week after he jokingly said he would not hesitate to deploy the army to beat up the suburb’s residents for causing the prolonged dry spell and also dissuaded citizens from eating meat but vegetables which he said were healthy.

Information secretary Ndavaningi Mangwana said people should instead applaud Mnangagwa for his “pro-poor” messages.

But, Mangwana defended the Zanu PF leader, saying: “There’s absolutely nothing the President should apologise for. In fact, the President should be applauded for his core message that government is committed to helping the poor and vulnerable to manage current economic challenges by putting in place social protection schemes which act as safety nests for these groups. He cited seven commodities which government was funding through subsidies.”

“He then said that meat was not a priority and referred to the health risks associated with eating red meat and pointed to the health benefits that came with eating vegetables. Instead of being lampooned for making this statement, this should trigger a health campaign promoting the eating of vegetables and whole grain,” Mangwana said.

However, analysts and opposition politicians, including MDC leader Nelson Chamisa, who for long was the MP for Kuwadzana constituency, challenged Mnangagwa to publicly apologise over his joke.

Information deputy minister Energy Mutodi said instead Chamisa should publicly apologise to Zimbabweans for calling for imposition of sanctions on the country and disputing the outcome of the July 30 2018 presidential election.

“The President is first and foremost a citizen who can communicate anything with fellow citizens, including cracking jokes with Zimbabweans,” Mutodi said.

“Chamisa is the one with a lot to apologise to Zimbabweans for calling for sanctions, disputing election results where he was clearly defeated and even giving false hope to his supporters.”

Breaking: Mary Chiwenga released on ZWL50 000 bail

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High Court judge Justice Pisirai Kwenda has released vice president Constantino Chiwenga’s wife, Mary on a ZWL50 000 bail pending appeal coupled with stringent conditions.

By Charles Laiton

As part of her bail conditions Mary has also been ordered to surrender her diplomatic passport, to reside at her Borrowdale residence, to surrender her father’s title deeds to a Highlands property and to report once a fortnight on Friday.

The year Mugabe died and became an angel – 2019

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By Tapiwa Zivira

Just 14 days into the year 2019, Zimbabweans woke up to what was planned as a national shutdown to protest the 150% fuel price hike announced by President Emmerson Mnangagwa a day earlier.

The hike, the only major of its kind in nearly a decade, came on the back of crippling fuel shortages that had gone on for three months, spurred on by shortages of US dollars and basic commodities, all pointing to a worsening economic crisis.

Initially, the shutdown — meant to run for a week — looked like just another ordinary protest that would die on its first day.

In Harare, the protests escalated during the day, mostly concentrated in low class suburbs, and soon spread into other towns, notably Bulawayo, Gweru, Kwekwe and Mutare.

The security forces comprising the police, soldiers and members of the intelligence launched a response that involved raiding the homes of some residents and indiscriminate beating and shooting of civilians.

The Zimbabwe Association of Doctors for Human Rights (ZADHR) stated that 172 people had been injured, 68 of which were treated for gunshot wounds.

Between 14 and 17 January, 12 people were killed, over 200 injured and over 600 were arrested, and the internet was shut down for two days as the State brutally cracked down on civilians in what was a dark beginning to the year 2019.

This was the year government started off with lofty promises that the economy would stabilise and Zimbabwe would be back on the road to recovery.

With Finance minister Mthuli Ncube in charge of the Treasury, having been installed in October of the previous year, Mnangagwa oozed with confidence, promising a break from the past and an economic paradise.

However, things were not getting any better and shortages of basic goods persisted and prices continued to rise.

In February, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya, let go of the fallacy that the US dollar was equal to bond notes and while presenting a monetary policy, he introduced a new currency, the RTGS dollar, which consists of electronic balances in banks and mobile wallets, bond notes and bond coins.

This meant the greenback could now be sold at the prevailing rate, and prices could be pegged in both US dollar and RTGS$ terms.

This move worked in favour of business, which could now sell goods at market price, but burdened the ordinary people, whose wages were not rising in sync with the exchange rate.

Tension remained, and the fear of the unknown prevailed, with many preferring to change their earnings into hard currency.

Without enough public confidence, the value of the RTGS dollar continued to slide.

In what was a de javu moment for those who lived through the 2007 to 2008 economic collapse, the economy was once again at the centre of Zimbabwean politics, with government continuing to promise stability and the opposition speaking of the need for broad-based political and economic reforms.

March 17, 2019, the government of Zimbabwe was caught unawares when Cyclone Idai hit the eastern parts of Zimbabwe, impacting heavily on Chimanimani and Chipinge districts.

It took three days for the first vehicles to reach the hardest hit areas of Ngangu and Kopa.

Hundreds of lives were lost and the disaster, the biggest of its nature in Zimbabwe, exposed the poor disaster preparedness and poor priorities of government, which immediately started begging for assistance.

Sadly, there were stories of some of the proceeds from the Cyclone disaster being looted by Zanu PF officials and some foodstuffs ended up expiring because of the bureaucracy that was involved in the handing out of donations.

Still, a glimmer of optimism continued, with the hope that things would get better, and by June life was only getting worse, with the value of salaries eroded, the black market — obstensibly fuelled by top officials, continued to thrive.

Mnangagwa did not stop travelling across the globe on a chartered flight that cost taxpayers millions of dollars.

Meanwhile, civil servants were now demanding to be paid in US dollars, or at least to have their salaries pegged at the prevailing US dollar rate.

In June, the Finance ministry made what was seen as panic move and introduced yet another currency, this time it was called the Zimbabwe Dollar (ZWL), and effectively banned the general use of the US dollar, restricting it to selected sectors.

This did not inspire confidence in the market, and the situation was made worse when government, throughout the year, sneaked in the US dollar through the back door by making exceptions on businesses that could trade or pay in US dollar.

By now, fuel shortages and 18-hour power cuts had become an everyday thing.

As business continued to suffer from these shortages, and ordinary people watched as their incomes were eroded, government did not stop to pronounce that Zimbabwe was “open of business” and that things were going to be better.

On August 16, the main opposition MDC attempted to demonstrate in Harare city centre, and the police thwarted it with unmatched brutality, once again putting the country under the spotlight of human rights abuses.

What followed was an effective ban on opposition and pro-human rights public activities.

By the time former President Robert Mugabe died, on September 6, his 37-year legacy of ruin was now looking like paradise.

The political drama throughout his funeral, where government and the Mugabe family and allies fought over how the veteran politician would be mourned and interred played out in the public domain.

What was more prominent though, to the ordinary people, was what they called Mugabe’s benevolence.

In his death, Mugabe looked like an angel.

A true test of the general disaffection with the Mnangagwa government happened in October when Zanu PF, which was now using sanctions as the scapegoat for failure, organised what they called an anti-sanctions march. It was monumental flop.

As they year ground to an end, and it was now apparent that all that was happening was the worsening of the economy. Ncube, who all along had preached confidence of a resurgence, fell short of admitting failure when he blamed “bad luck” for the country’s economic woes.

During the first week of December, weary Zimbabweans woke up to the news of a visit to Zimbabwe by former President of South Africa, Thabo Mbeki.

Mbeki met Mnangagwa and MDC leader Nelson Chamisa and other political actors, heightening speculation that he was in Zimbabwe to ignite political dialogue to rescue the country.

The veteran politician left, promising to return for more interfaces.

On a bleak Christmas, as Zimbabweans grappled with power outages, fuel and cash shortages, an impending drought, Mnangagwa flew to his farm in Kwekwe, escorted by an army helicopter, to meet his Polad partners.

In Kwekwe, Mnangagwa — surrounded by his Polad partners — portrayed the face of a happy and contented man.

Nothing in his face showed that he was leading a country in crisis, neither did he show any worry over the infighting in his own party.

As 2020 comes, Zimbabwe is a ship that is on the verge of sinking, with no rescue in sight, and the only risk anyone can take without getting shot at by security agents, is to hope for the best.

Breaking: Indian embassy gutted in Harare

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Staff Reporter

Fire gutted the Indian embassy in Harare’s leafy suburb of Belgravia, destroying property worth thousands of dollars.

The fire reportedly started at around 9 am and the Harare Fire Brigade quickly responded to douse the flames but the inferno had already caused extensive damage to the two storey building.

Police and the Fire Brigade are currently investigating the cause of the fire

More to follow…

Zim records spike in fish sales

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BY MTHANDAZO NYONI

ZIMBABWE’S fish export volumes increased by 37% to 2 318 tonnes between January and September 2019, driven by fresh water frozen fish and frozen tilapia, according to a Livestock and Meat Advisory Council (Lmac) report.

In value, the exports increased by 12% to US$4,9 million compared to the same period in 2018.

Exports were dominated by fresh water frozen fish and frozen tilapia that contributed 47% and 52%, respectively, of total exports.

“Consumer incomes have not kept pace with increasing costs of fish production, and as a result, fish producers are increasingly exploring regional and international markets to compensate for the local drop in demand,” the report reads in part.

Imports of fish in the period under review were 2 075t, a decline of 86% over the same period in 2018 and the value declined 80% from US$14,7 million to US$3 million.

“Foreign currency shortages appear to have had a severe negative impact upon the import of fish,” it said.

Fish imports were dominated by frozen jack and horse mackerel, both in quantity (58%) and value (54%) at an average price of $782 per tonne. Dried fresh water fish were also imported at $2 098/t.

Zimbabwe Fish Producers Association (ZFPA) believes that fish production would grow significantly, with aquaculture rivalling the chicken, pork and beef industries.

With the right policies and strategies, there is enormous potential to develop fish farming in Zimbabwe, using tilapia — Africa’s own indigenous fish, which achieves good growth rates under intensive production.

Zimbabwe has relatively developed aquaculture and is one of the top 10 fish farming countries in Sub-Saharan Africa.

According to ZFPA, the country’s aquaculture sector can produce 20 000 tonnes of fish, creating 10 000 direct jobs and another 10 000 indirectly.

Currently, Zimbabwe is producing approximately 15 000 tonnes of fish per year in a small number of dams.

If all the dams can be fully utilised the country has a potential to increase fish production to almost 1,5 million tonnes per year, according to experts.

For Zimbabwe to realise the full potential of aquaculture, the private sector and government must work together with financial institutions to establish an Aquaculture Development Fund.

LMAC said as the fish farming industry grew, there was need for accredited and certified trainers to provide expertise and practical training to fish farmers as well as bio-security requirements for fish farming, including effective pest control, regular monitoring of water quality and correct handling of fish to ensure that fish are maintained in a healthy environment for optimum production.

Some of the commercial fish farms in Zimbabwe include Lake Harvest Aquaculture (Kariba), The Bream Farm (Kariba), Mazvikadei Fish Farm, Clairmont Trout Farm, The Trout Farm and Inn on Ruparara, also in Nyanga.

Denis Norman dies

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Zimbabwe’s first minister of Agriculture Dennis Norman died in Oxfordshire in December last year, reports from England have said.

Norman also famed for being part of the initiation of the Beira Corridor and subsequent established of the Féria oil pipeline passed on Friday December 20 after a long battle against cancer of the oesophagus.

Norman was appointed by Zimbabwe’s inaugural Prime Minister Robert Mugabe reportedly at the suggestion of the late Lord Soames.

Reports say Norman’s appointment after a long and bitter racial war that cost in the region of 35 000 lives came as a huge surprise.

At the time, it was seen as a strong and meaningful appointment that underscored Mugabe’s determination to cement racial and political reconciliation in a war-torn country.

Norman was later appointed as Minister of Transport, the post that saw him spearhead the establishment of the Beira Corridor and the oil pipeline still in use today.

After serving Zimbabwe in various portfolios, Denis Norman and his wife, June, returned to England.

His death will be mourned by all those who knew him, worked with him and admired his honesty, integrity and ability to heal old racial wounds by doing so much to bring about the prosperity of thousands of small-scale black farmers while underlining the importance of experienced white commercial farmers and growers, once the backbone of a thriving agricultural sector of the economy.

“One of the great men of the post-Independence era is no longer with us. It is hard to believe we will ever see the likes of him again in Zimbabwe,”Trevor Grundy who reported his death in England said. (Additional reporting by Rex Mphisa)