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Monday, May 27, 2024
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Forward marches the 2nd Republic, as naysayers only grovel

By Ambassador Christopher Mutsvangwa

At US$2 billion, the detractors are miffed by the run-away growth of the Zimbabwe gold sector.

Two thirds of it is driven by the SME sector, a fledgling initiative of a mere decade since it was legalised. It now supports over a million strong mining players, their prosperity assured by global parity pricing and hard currency payment of their gold product.

The same gold has pin-pricked the baloon of Zim-dollar inflation. The Mosi-oa-tunya gold coin is now the reference point of the trading of foreign exhange. The hard currency market has since jettisoned the fungible Old Mutual stock derivative of the Zimbabwe Stock Exchange. The duet of the two fiat monetary units of Old Mutual-implied rate of exchange and US dollar of Federal Reserve Bank no longer run rooster in Zimbabwe.

This twin scoresheet is pregnant with geopolitical currency trading implications.

ZANU PF is not unduly perturbed by increasingly shrill mud-slinging from the loony fringe of the desperate detractors who handle local psychophants.

The latter accord theselves vain-glorious self-importance. No self respecting viewers will accord the drivel from Al Jazeera any credence whatsover.

Neither will it impede the turning wheel of engagement and re-engagement with old friends and erstwhile hostility.
Serious-minded diplomacy is seeing Brussels, London and Washington recalibrate to tune in with the glowing progress of the Second Republic since 2017.

As the old adage goes, ‘nothing succeeds like success’.

The Hopewell Chin’onos and David Coltarts of vain and mean national self hate inreasingly feel the pyschosis of being abandoned and marooned by a sense of overwhelming failure of the two decades a desultory regime change agenda.

The legion of inverterated doomsayers are being forced to eat humble pie as the goodwill well-wishers marvel and applaud the new phenomenom of economic revival and growth that herald tantalising prospects of prosperity.

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