“ED’s Departure Will Give Zimbabwe The Chance To Rebuild”

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The Vice President of the opposition MDC Alliance, Tendai Biti has said President Emmerson Mnangagwa was the hurdle blocking the country’s growth.

He said Mnangagwa’s departure from power will usher Zimbabwe on to a growth path. His remarks come when the country is grappling with the economic and humanitarian crisis characterised by shortages of fuel, food, medicines and the soaring inflation as well as high unemployment rates.

This Sunday, Biti proposed the institution of a transitional authority that would lead the country until the next election with the mandate of pulling the country of its economic doldrums and addressing the political crisis that is manifest in the deterioration of the democratic space in the country..

Posting on Twitter, he said:

Today the parallel market rate has traded between 80 & 85. In mid-May 2020 it was 40. An increase of 100% in 3 weeks reflects the black market implosion. The restrictive measures by the Central Bank are corroding the ZWL$ & therefore self-defeating. They have run out of ideas.

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