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RECHARGE

Reactions To Reintroduction Of Zim Dollar

Posted on by Alvine Chaparadza
Old Zimbabwean dollars

With the introduction of Zim dollar this morning many people have said a ton of things about Finance Minister Mthuli Ncube’s latest policy. Here are just a few selected tweets of what some Zimbabweans said:

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24 thoughts on “Reactions To Reintroduction Of Zim Dollar”

  2. We need to study economics guys, most people have no clue how a proper economy should function.

    Blaming Prof Ncube has become a sick song. All he is trying to do is to ensure that the economy of Zimbabwe follows established and successful economic principles.

    Zimbabweans are so used to vodoo Gonomicis and Magabenics that we have totally forgotten that we are part of a global econonic system.

    There is nothing amiss that Mthuli has done, its just that most of us no longer know basic economics. We are spebding valuable time listening to this very delusional day dreamer, one Nelson Chamisa.

    Some people have taken the art and science of blaming anything that this government does to monstrous proportions. Lets give them a chance, this economy was severely barttered over thirty seven years. It was always going to take a lot of pain and time. Insults are never going to helpVla

    1. Munangagwa was part of the government for 37years. Under this government it’s not about knowing economics. The problem is corruption and nepotism.

      1. No my brother. What has destroyed Zimbabwe is a culture of we are the best at everything. We call our neighbours lazy, yet we the Zimbabweans failed to utilise the land we rightly got back from the colonists. We need to look inward. We lived on laughing at Zambians as being lazy… We should swallow our words as that country now produces more maize that South Africa. And don’t fool yourself into thinking that its the White Zimbos who are behind this success of Zambia. 90% of those whites went under within 3 years because up there no one is a sacred cow. 70% of their maize is from their small scale farmers and it is that even us here have survived on

    2. why did the gvt introduce multi currency on the first place ….is it Chamisa ?..Try and find the reasons behind the introduction of the multi currency before playing the blame game…also for a currency to function it has to be backed by functioning industries .as far as i know 3/4 of industries have closed and so introduction of Zim dollar doesnt make sense coz in two weeks time everyone will be a trillionare due to hyper inflation…industries first the Zim dollar follows

      1. If you still believe ‘Industries’ play a major role in the functionality of a currency rather of any economy, then I am sorry to be the bearer of bad news. There is no way these so called industries can be revived and work in the long run. That is a thing of the past, we; not just as Zimbabweans but globally, are well into what is termed as ‘the fourth industrial revolution’
        The industries you speak of, atleast the ones I think you mean can no longer be sustained. Atleast not from a sane man’s perspective.
        But in the end, this is only one humble man’s opinion. Our president is doing a fine job, you only need the eyes to see it. If you can’t then…you better get fit, cause it’s survival of the fittest. Leave the past where it belongs…behind you.

      2. If you still believe ‘Industries’ play a major role in the functionality of a currency rather of any economy, then I am sorry to be the bearer of bad news. There is no way these so called industries can be revived and work in the long run. That is a thing of the past, we; not just as Zimbabweans but globally, are well into what is termed as ‘the fourth industrial revolution’
        The industries you speak of, atleast the ones I think you mean can no longer be sustained. Atleast not from a sane man’s perspective.
        But in the end, this is only one humble man’s opinion. Our president is doing a fine job, you only need the eyes to see it. If you can’t then…you better get fit, cause it’s survival of the fittest. Leave the past where it belongs…behind you.

        1. Nhai Anonymous why act as if the global economy began with Mthuli. We have alwaes been in the global economy even nguva yana Gono. So yu gotta shift your argumebt from that global economy perspective and give us a real tangible argument. Nt everyone is an economics amartuer

          #MyView

    4. Yep…battered by who by the way? You’re free to give them a chance – I’ve lost 39 years of my life and ALL my patience with people who pretend that they know what they don’t….and have much less respect for those cheering them on. idiocy is a choice – don’t spread it.

  3. Let’s bring home all those billions of corruption money…so we can stabilise this currency

  5. When will we praise wht our government bodies for the good . We are very good on blaming we need to support what come in the ground.

    Given the land we blame ,being the best to be educated we blame. Where are we going.
    Chakanaka karumbidza pamabasa veduwee

    What a country withoit mari yayo look at the eye on tht dollar what does it mean?

  6. According to histronomics the government is simply doing a Zobin Hood on Nostro accounts in a last ditch effort to survive on gullible Nostro financers of a dead and broke system

  7. zimbabweana are not americans, they are not british they are not south africans neither are they twnana, nations of the world keep your currencies and we will keep our zim dollar. Mthuli keep it up we will definitely see normalcy in the pricing regime in the short to medium term.Transacting public are happier now than ever before kwete kuti chingwa chotengeswa ne$5 measures should be put in place to punish those defying govt order.

    2. You think prices will come down because the fin minister of a broke nation has banned transacting in USD?

  8. @Vladmir Vilakazi, you sir are the one that is in a dream world. What Prof Ncube has done now is just simply idiotic. The reintroduction of the ZW$ with nothing to back it is just asking for failure. We are a nation that imports more than we export. Simple economics here, we are spending more than we are earning, does not take a rocket scientist to see that and for as long as we are like this, the ZW$ will fail. Government needs to step up and sort the economy. Sort out industry, get this producing again and exporting. Sort out the farming, take the land away from ministers who are doing nothing with it and give it to those that have the ability to produce. Let us become the bread basket of southern Africa again, not the basket case we are now. As a business owner in this country it is very difficult to work here. With all the regulations that are in place the red tape, the inefficiencies of government departments to get things done, the rip off prices, the corruption. All of these thing need to change in order for Zimbabwe as a nation to start moving forward. Every time Prof Ncube opens his mouth we are hit with some crazy tax or some crazy law like the one announced yesterday. Banning the US$ or any of the other currencies is not the answer to the problem, if any thing, its going to make it worse.

  11. It is good to have our own currency true. But I think its too early for us. Lets clean the hse first, All the things that are swept over the carpet lets take them out before taking of ZW$.
    Hatina hedu kunyatso dzidza asi ndomafungirowo angu

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