The launch of the Bond Notes has been hectic and been untrustworthy. Zimbabwe has been hit with economic difficulties, as to the policies and thieving of the state reserves. That is why the inflation and value of the currency dwindles. As well, as the lack of trust of the currency and the central reserves issued notes, are the reason for the troubling issues with the monetary policies. The Zanu-PF government have been more preoccupied with serving themselves, than the people who are spending the notes.
The questions in the beginning of the of the current value of a note issued on a loan through Afrieximbank, this means the state was taking on debt. This is was to issue a new currency, a temporary note that was gaining new debt to the state. Just take a look!
“Chakravarti, a University of Zimbabwe economics professor, said keeping the peg is only depreciating the value of the Real-Time Gross Settlement system (RTGS). He noted that the Confederation of Zimbabwe Industries had revealed that the RTGS premium to real money is now at 30%, meaning if one had US$1 000 in RTGS, they only have US$700 in real money. He added that it was “pointless” to have the Afrieximbank facility, which the central bank said backs the bond notes, if it is not convertible.” Chakravarti said it was unhealthy for the economy to have government crowding out funding for the private sector. He noted that the country has the highest tax-to-GDP in Africa which is 30% against the continental average of 22%, a situation he described as unviable. Chakravarti predicted that by December this year bond notes will constitute 50 to 60% of the currency in circulation which will qualify it as a local currency” (Ndebele & Kuwaza, 2017).
“Dollarisation has two forms, namely, official/de jure and unofficial/de facto. BMI Research found that an increase in bond notes was actually de-dollarising the economy. BMI Research warned last week that increasing money supply would contribute to an accelerated growth of inflation from 1,4% by year-end to 8,5% in 2018 — making the steepest growth since 2009. “The Reserve Bank of Zimbabwe’s (RBZ) decision to more than double the size of its bond-note programme — to $500m from $200m previously — confirms our view that the country is headed towards de jure de-dollarisation,” it said” (Zwinoira, 2017).
“Because Zimbabwe imports more than it exports, the black market is now influencing pricing trends. As such, a transfer now attracts a 48 percent premium, while cash transactions for smaller denominations range between eight and 9,5 percent, depending on the currency involved. For larger notes such as US$50 and $100, it can cost the buyer up to 10 percent. The majority of companies, whose payments fall outside the Reserve Bank of Zimbabwe (RBZ) priority list for accessing the elusive US dollars in banks, rely on bank transfers to get the coveted currency on the parallel market. As a result, prices for all basic consumer goods have gone up by between 20 and 50 percent as companies and retailers pass on the costs to the ordinary consumer” (Bulawayo24, 2017).
We can easily see that the trustworthy levels of Bond-Notes isn’t there, as the businesses not connected with Reserve Bank of Zimbabwe payment system makes the exchange of currency more expensive. The trust was already bad before the issue of the bond-notes before June 2016. It haven’t got better, it is worse as the percentage cost is 10%.
Therefore, the value of the Bond-Notes has made ordinary life harder. The prices on ordinary goods has gone up. This because of the issue of the Bond-Notes and the whole fiscal policy, that is clearly not working. Peace.
Bulawayo24 – ‘Value of Bond Notes Tumbles’ (05.09.2017) link: http://bulawayo24.com/index-id-business-sc-economy-byo-117175.html
Ndebele, Hazel & Kuwaza, Kudzai – ‘Officialise bond notes, govt told’ (01.09.2017) link: https://www.theindependent.co.zw/2017/09/01/officialise-bond-notes-govt-told/
Zwinoira, Tatira – ‘‘Zim heading towards de-dollarisation’ (04.09.2017) link:https://www.newsday.co.zw/2017/09/04/zim-heading-towards-de-dollarisation/
We can now officially say that First Lady of Zimbabwe are now standing above the laws of South Africa, a republic where she doesn’t reside, but because the relationship between Mugabe family and South African government, the RSA laws doesn’t matter to the Princes of ZANU-PF and their Family members. Grace Mugabe can now assault with battery and with intent, and get away it it. Since it was internal family matters, a visit to look after her long-lost kids who lives in luxury, while the Zimbabweans are starving. Such justice there, but the point now, is that Grace Mugabe can assault not only one person, but more with help of her bodyguards. Just take a look, first the ‘Diplomatic Immunity’ and then eyewitness stories from what she is free of charges from, because of her stature and place of life. The law isn’t the same for all kind, especially not when you have powerful friends, it seems.
Government Notice number 850 of 20th August from Minister Maite Nkoana-Mshabane, the Minister of International Relations and Cooperations wrote: “In accordance with the powers vested in me by section 7(2) of the Diplomatic Immunities and Privileges Act, 2001 (Act No. 37 of 2001) and acting in the interest of Republic of South Africa, I hereby recognize the immunities and privileges of the First Lady of Zimbabwe, Dr. Grace Mugabe, in terms of international law and as set out in the attached Notice” (Government Gazette, 20.08.2017 – Government Notice No. 850 of 2017).
Victims of Grace Mugabe’s rage:
“One of the three women, who describes herself as a promotional model, told of her terror as Mugabe lashed out at them. Mugabe was accompanied by about 10 bodyguards and hotel security guards and she was looking for her sons, Robert jnr, 25, and Chatunga Bellarmine, 21. Both men had fled the room when they heard their mother coming. The attack took place in Sandton’s The Capital 20 West hotel. The woman said that at the time she did not know who her assailant was or why she and her friends were being beaten. “I really thought she was going to kill me … From the moment she stormed into the room she was ready to murder someone,” the woman said. “The electrical cord-cable was tightly wrapped around her hands. No one could stop her. The guards and hotel security guards just stood there and watched as she whipped me with the cord and dragged me across the floor by my hair.” Mugabe’s sons have recently been in the news for their behaviour. The brothers were kicked out of a Sandton hotel last month, allegedly for bad behaviour” (…) “When the three friends could not tell her where her sons where, Mugabe lashed out at them with the electrical cord. The woman said the attack carried on for 20 minutes. While she was being assaulted, her friends fled. “She dragged me by my hair and held me tight. She slashed me viciously with the electrical cord. She then dragged me by my hair across the floor and threw me on a couch where she forced me to call our mutual friend and Bellarmine’s best friend, but their phones were off. “She continued beating me with the cord; I was rescued by the hotel manager, who rushed to the room after hearing my screams for help.” Engels’s two friends said they were too frightened of Grace Mugabe to lay criminal complaints, but said they would support Engels in court” (Ndabeni, 2017).
This should be insulting to the victims, the families and to the justice system of South Africa. That a foreign dignitary can carry out assaults and violence on their citizens. Than, run home with immunity from her crimes. The violence done because of the sons wish of partying with models and expensive bottles wine. The sons of Robert Mugabe have already caused trouble on the same hotel in past, but because of their standing and ranks they are allowed back. If someone else did similar acts, they would be banned from the premises.
Still, as that is awful enough – Grace Mugabe put-up the ante and attacked fellow guests of her sons. She violated them and harassed them. Grace Mugabe actually torn them and used violence. The First Lady did not act against her sons in this way, but against strangers who was invited by her sons. She attacked innocent South African girls, who had no ill-intent and was invited to the hotel. This is vicious and insane!
So with this in mind, the RSA and the Minister Maite Nkoana-Mshabane should offer a leaf of faith. This should be investigated and taken to the law. First Lady Mugabe should stand trial and answer for the possible misgivings and assault with battery. This isn’t flattering, this is a clear violation of ordinary and civilian courtesy. The First Lady could have talked ordinary to the woman and asked why they we’re there and why her sons was gone. Instead, she attacked them with the force of 10 bodyguards and left no-one with wounds. The witnesses even fear the woman after this and that is not strange, she attacked them viciously.
What is more insulting, is that the State offers no sympathy for their own citizens and leaves them behind. They are just flesh-wounds and exchangeable, they can be traded with someone else. The next time the Mugabe boys looking for a fling. No big-deal, but the Mugabe family is so unique and special. So they can assault strangers without any consequence or facing justice. They are above the law, not only in Zimbabwe, but also in the proud Republic of South Africa.
This is just proving that the First Lady of Zimbabwe can do whatever she wants, the same for her sons and also the President. Since they are dignitaries and state officials with different passports, but that doesn’t mean they should get away with everything. Also, this shows how accommodating the RSA is the Mugabe family and therefore, accept this sort of behavior. It is okay and nothing wrong, apparently that is the message. Peace.
Ndabeni, Khanyi – ‘ First Lady, Grace Mugabe ‘was ready to murder’ (20.08.2017) link: https://www.timeslive.co.za/sunday-times/news/2017-08-19-first-lady-grace-mugabe-was-ready-to-murder/
You know your an important person or of some influence when you can run from the law and not get into greater trouble. If it was an ordinary person or an ordinary Zimbabwean citizen who did something unjust in South Africa, the person would be questioned, would make an affidavit and been put for trial. Nevertheless, the First Lady Grace Mugabe could access lawyers and even run from the Republic. She was not on official business as a diplomat, but she was there for her sons. Just take a look!
“Gabriella Engels on Monday said she was visiting Mugabe’s two sons Robert and Chatunga at the Capital 20 West Hotel whom she met through a mutual friend on Saturday. Engels said a bodyguard asked her and a friend to wait in a separate room before Mugabe allegedly started beating her. “When Grace entered I had no idea who she was. She walked in with an extension cord and just started beating me with it,” Engels told News24 over the phone. Engels said Mugabe accused her of living with her sons. “She flipped and just kept beating me with the plug. Over and over. I had no idea what was going on. I was surprised… I needed to crawl out of the room before I could run away” (…) “Her ten bodyguards just stood there watching, no one did anything, no one tried to help me.” Engels said hotel staff escorted her out of the hotel. She immediately tried to open a case of assault at the Sandton police station” (De Villiers, 2017).
So when you have these sort of allegations against the First Lady of Zimbabwe, the South African Police Service (SAPS) should take this serious. Instead, they are doing this:
That she wants to use diplomatic immunity for her assault of a 20 year old lady and model at the Hotel in South Africa, shows the proof of using her reach of power to personal gain. This is disrespectful of the person violated by her and her assistance, there is nothing that justifies this and also it should be wrong of the South African state to disband the investigation and not look into the matter.
That means that VIPs and greater persons of power can be over the state and over the law. She should be indicted and put into question over the acts that happen at the hotel. That they can be verified and the assault charges can be put to rest. She was not a diplomat or a part of state convoy with state security ushering her around in South Africa. “Gucci Gucci” was initial a tourist in South Africa visiting family members, not being there to discuss trade and border issues between Zimbabwe and RSA. That was not the issue of the days, she was not at Gauteng or Pretoria trying to discuss important members with officials. Instead, she was there visiting her kids, where she met a model and hurt Engels.
This is really sad, how little the law matter, when VIPs and people of Power breaches the laws in the RSA. That is shown with the Gupta’s and Zuma’s, now also Mugabe’s, surely it must help that Zuma and Mugabe has houses close by in Dubai. So they have surely shared a few moments together there around the pool. This is disgraceful to Zimbabwe and also to South Africa. Both republics are played around by the First Lady Mugabe. This is beneath the State and the Authorities, as they can do as they want.
If the RSA gives “Gucci Gucci” diplomatic immunity in this case, than their true allies of Zimbabwe, but are disgracing their own laws and justice, which is not equal for all, but the VIPs can do as they want. Peace.
De Villiers, James – ‘Grace Mugabe ‘assaulted’ me with an extension cord, model, 20, claims’ (14.08.2017) link: http://m.news24.com/news24/SouthAfrica/News/grace-mugabe-assaulted-me-with-an-extension-cord-model-20-claims-20170814
As President Robert Mugabe are falling asleep on stage and everyone listens to his younger wife “Gucci Gucci” Grace Mugabe. There is something in the air, as civil rights activists and others are detained and harassed for their civil disobedience and acts against state oppression. But there is turn of events, that gives hope. Since the state is becoming more fragile.
Today, there been reported that Soldiers roamed the Harare Central Business District and beat-up Police Officers, they followed the Police officers into shops and gave them a beating. They also gave beating with sticks and whips.
This can be seen as a sign of the deteriorating rule of law and next step into lawlessness, which has been created by the state. The way the Zanu-PF have eaten it all and centered around Mugabe. But now that he is disappearing, the law and the reckless behavior can start. Since his totalitarian authority is losing its grip. Together with weak economy and less stable society. The inner-state and security organization are trying to show who is supreme. Today was a retaliation after Police attacked the military car.
Still, the roots of this comes from Mugabe and Zanu-PF who hasn’t set the standard and hasn’t created a society where this is unacceptable. Where the law hasn’t been followed, but more just for the ones who cannot afford to bribe or pay themselves out. The cronyism and the legislator has been based on the needs of Zanu-PF, and not on the needs of the Republic.
That is why and there are many other reasons, but the lack of institutions and state procedure, is the reasons for acts of this kind. Where the people are taking laws into their own hands, since they cannot trust the provisions and the sanctions of the state to act. That is why the soldiers retaliated and wanted the uniformed Police in Harare CBD to suffer, just for a little moment. So they could feel “justice”. Even if this wasn’t done after any code or statute. They felt this was right.
When you can reason it out this way, you know something is wrong. Some parts of state is missing. The security and law is dwindling, disappearing, becoming extinct, when the army goes after the police. Nothing in a scenario is correct, unless one of the parts where trying to overthrow a government without public will for either military or political gain. To create another military state, instead of the one built around the cult of Mugabe.
This might be sign of the troubles coming, but we would wish of more lawfulness and not anarchy. But when the army attacks the police. It shows a sign of failure of the state and the troubles to come… This might be the only… but who knows at this point right? Peace.
““Some people would want to be president of this country. Some are saying the president is going but I am not going anywhere. Some are saying I’m dying but I am not dying,” said Mugabe. Mugabe, 93, said he feared that at the present time any person who wanted to succeed him would be trounced by Tsvangirai in an election” (Chikowore, 2017).
When it comes to the 37 years long Presidency of Robert Mugabe, it becoming more dire to Zanu-PF and the man himself. Who has not left anyone behind to takeover from him when he leaves. He has been the leader since the liberation from the United Kingdom and the segregated state it was in 1980s. So he is living in the belief that he can just continue like it was yesterday.
His own supporters and closest allies has praised him unto heaven and oblivion. All sorts of praise that doesn’t sound like anything you have heard, but that is the norm among the cronies of the Zanu-PF. So now, that he is planning for yet another term, the 93 year old had a few words himself.
Mugabe said: “Some are saying I’m dying but I am not dying”. Well, that isn’t up to you, that is adjustable age and health-care. Surely Mr. President has already traveled a lot to Singapore for specialized expensive treatment and billed it on the state coffers. That is just how he do and how his Zanu-PF cadres do, lives in hotels, drive expensive cars and get salaries while the others suffers to get enough monies out of the ATM. The cronyism of Mugabe, has really hurt the country.
But one thing, Mr. President cannot control is that he is aging and is getting older. An the older you get, the weaker you become, the youth and the energy is running out your body. The healing time takes longer and bones are not as strong. The intellectual powers and the cognitive base of your mind dwindles. The memory will fade and everyday things will become a struggle. Like walking, like keeping awake at rallies and in general. Because the body is tired after all the years of hard-work and dedication to own wealth and cronies enrichment. Certainly, that is why Mugabe during the rally yesterday fell asleep on the podium while “Gucci Gucci” Grace Mugabe was speaking her heart out.
Mugabe cannot control the inevitable, he is dying like all of us. It is just about gods grace and the possible travels to good health care. That can keep him alive. None can know when the days are ended for Mugabe. But for everyday it is going closer. By the simple reason, it is natural for his age and he could die whenever. He could become 99 or 101. But, that is if he is lucky and God gave him that amount of days. Still, he does not control when he last day is, that kind of power does not Mugabe posses. No of us does. Peace.
Chikowore, Frank – ‘Mugabe: ‘I am going nowhere… My docs have told me my organs are still very strong’ (30.07.2017) link: http://www.news24.com/Africa/Zimbabwe/mugabe-i-am-going-nowhere-my-docs-have-told-me-my-organs-are-still-very-strong-20170730
Just as President Yoweri Kaguta Museveni issued a request to the Scotland Yard on the 26th March 1987 to independently investigate the murder of Dr. Andrew Kayira who was murdered on 9th March 1987. The same could have happen on two other recent occasions in the Republic of Uganda. The National Resistance Movement and the President if they wanted the truth on important matters.
Like the massive scores of dead and innocent lives lost in the hours around the skirmishes in Kasese on the 26th November 2016. When the Buhikira Royal Palace was burned down and the lives lost in the fatal hours. At a time the Royal Guards defending the palace as the Police Forces and Special Forces Command we’re attacking the palace. While the Omubusinga bwa Rwenzururu Charles Wesley Mumbere we’re detained. The same was the different numbers of dead Royal Guards, Police Officers, Soldiers and civilians. This is all shown the capacity of the skirmishes done to one kingdom of late, since then the king has been in exile and the treason-charge has been hanging over him. Still, no report of the call for violence and neither a verified number of deceased. This all prove there was something sinister that happen at the Buhikira Royal Palace and a reason for the Security Organizations to burn down the Palace.
When you know this and if you are in government, you should look for the facts and dig deep so the souls who lost their lives are answered for. All of the innocent lives who suddenly was taken away in Kasese, should be answered for. The monarchy of Rwenzururu deserves answers for the demise of so many of their own. The families of the Police Officers and Soldiers deserves the same. If the President had the honor and cared about lives, he would have gotten an independent inquiry into the skirmishes and gotten an investigation report from an outside authority, just like he did when he started as President. He could have done like he did in 1987, but now 30 years later. He doesn’t care, it doesn’t cost him support and neither makes him weak. Therefore, doesn’t have to like in the past, when he needed to clean his hands. Now the overall power is in his hands and therefore can shuffle it away. Still, the ghosts and the remains will hunt the government. Since these are not really answered for. Unless, he request for the Scotland Yard to do a special investigation into the Kasese Clashes and the skirmish at the Buhikira Royal Palace.
The second incident that would need a look into is the sudden assassination of Assistant Inspector General of Police Andrew Felix Kaweesi. In the morning of 19th March 2017, when the AIGP Kaweesi was killed together with the bodyguard Corporal Kenneth Erau and driver Godfrey Mambewa. There been dozens of suspects and people detained. Even the kids of suspects has been behind bars. Many been interviewed on TV, but none has proven a story or even had a fair trial. As the suspects and killers who drove away on boda-boda’s from Kulambiro, Kampala on the 19th March 2017 is still in the wind. The proof of evidence and the killing of the high ranking officer. Can be put in question. As the sudden death of the AIG Kaweesi. Has to be put in question if the efforts of the Police or the State has been thorough enough. Since there are many leads, but nothing has been cleared. The assassins are walking scotch free. So the political assassination are left in the dark.
If the President had acted in the past on the Dr. Kayira murder, he would have asked for help from Scotland Yard on the investigation of AIGP Kaweesi. To settle the score and find the culprits behind it. Not only creating diversions and trying to deflect the case. Like it has been done by the aggression in Kasese in November 2016.
We could question why he didn’t ask for independent investigation help in both the Kasese Clashes and the AIGP Kaweesi assassination. Clearly, the truth would hurt the President and his leadership. Since that might implicate certain individuals around him and even himself. That can be put in question, because he had the ability in the past to contact and request help from Scotland Yard. Something he doesn’t do now. This wouldn’t be neocolonialism, more getting fresh eyes into the murders and death of civilians and high ranking members of Ugandan leadership. It should be important to reveal the truth and find the facts behind the deaths of all of them. Not hid it and try to silence it. Because that is how it seems with every day going without answers of what happen to these people. These cases are still not cleared or had their proper final findings. As long as it stays like that, the remains of these people are not respected. They have been violated, the same has their families and the state has to always answer for their lack of following their moral duty. The moral duty to find the culprits behind the killings. Peace.