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President Emmerson Mnangagwa has said the government will create pathways for sustainable economic growth while protecting citizens from economic sabotage and greed-driven actions.
Addressing the 378th Ordinary Session of the ZANU PF Politburo at the party’s headquarters in Harare on Wednesday, 25 September, Mnangagwa condemned what he considers to be attacks on the economy that harm ordinary people and reaffirmed the government’s commitment to safeguarding Zimbabweans from economic disruptions.
Mnangagwa said the country is making significant progress despite challenges like sanctions, climate change, and global economic issues. He added:
<blockquote>
Acts of economic sabotage, and speculative and counter-productive tendencies by those who thrive on greed and profiteering have no place in our country.
Attacks on the economy to make the public suffer are unacceptable and my Government will protect the ordinary people.
</blockquote>
The warning comes in light of soaring prices for essential grocery items, particularly in formal retail outlets, alongside the rapid decline of the local currency, the Zimbabwe Gold (ZiG).
Mnangagwa urged ZANU PF structures to take decisive action against threats to the party’s unity. He said:
<blockquote>
Unruly elements abusing various media platforms to cause alarm and despondency, while also sowing disunity and advancing misguided, nefarious political agendas within the country and Party, stand warned.
I call upon this Politburo Session to once again introspect and give the requisite guidance so that our beloved Party, ZANU PF, and the people of our motherland, Zimbabwe, pick up pace towards building a stronger Party and the realisation of our shared national development agenda.
</blockquote>
Mnangagwa expressed his gratitude to the ZANU PF Youth League leadership from Masvingo Province, along with support from other provinces, for organising the inaugural Munhumutapa Day, which coincided with his 82nd birthday.
Wednesday’s Politburo meeting was also attended by First Lady Auxillia Mnangagwa, Vice Presidents Constantino Chiwenga and Kembo Mohadi, ZANU PF National Chairperson Oppah Muchinguri-Kashiri, and Party Secretary General Obert Mpofu.
More: <a href="https://www.pindula.co.zw/">Pindula News</a>

Pindula News

President Mnangagwa said he will protect people from greedy businesses and help the economy grow. He warned against actions that harm the economy and make prices go up. The government will take action to keep things stable. He thanked the ZANU PF Youth League for organizing an event for his birthday. He also met with other leaders to talk about important issues. Mnangagwa wants unity and progress for the country. He asked everyone to work together for a better future.

Mnangagwa Vows To Protect Citizens From "Greedy" Businesses

President Emmerson Mnangagwa has singled out Indian businessmen and Innscor Africa Limited for allegedly hoarding products resulting in artificial shortages and price increases.
Speaking at a ZANU PF rally at Nyele Primary School in Bulilima, Matabeleland South Province on Saturday, 01 July, Mnangagwa said those “unscrupulous” businesses are enemies of the Government.
He warned that if the allegations are true, the Indians will be deported and their goods will be confiscated and distributed to ZANU PF members. <a href="https://www.sundaynews.co.zw/president-warns-economic-saboteurs/">The Sunday News</a> quoted Mnangagwa as saying:
<blockquote>
We are being attacked, currently, nema price achikwira (through price increases). Why? Just when we announced that we are going for a general election, our enemies decided to cause problems among our people, ma-prices kutanga kukwira kunana Inscor (Inscor started to increase prices).
I have been told today that some Indians in Harare are stocking basic goods in Harare.
Vanonotenga sugar yakawanda kuChiredzi (they buy sugar in bulk from Chiredzi), all the basic goods like flour and so on vo-stocker muma warehouses, vokwidza ma-price (and stock the products in their warehouses and raise their prices).
Let me warn them. I have my people investigating these warehouses and if it is true, we shall confiscate not only the warehouses but also the things inside and give to you to distribute.
If they want to hoard, ngavadzokere vanoita hoard kunyika dzekwavo (they should go back and do that in their countries of origin) not in Zimbabwe.
Our government will never tolerate such activities in independent Zimbabwe.
</blockquote>
In recent weeks, some basic grocery items have disappeared from shop shelves, while some businesses, especially those in the informal sector, are charging products exclusively in foreign currency.
Inflation has also been on the rise and jumped to 175.8% in June, up from 86.5% in May.
More: <a href="https://www.pindula.co.zw/">Pindula News</a>

Indian Businesspeople Under Probe For Hoarding Products, Says ED

President <a href="https://www.pindula.co.zw/Emmerson_Mnangagwa">Emmerson Mnangagwa</a> Wednesday 3 August 2022 said he will win the battle against unnamed “economic saboteurs,” <a href="https://www.newsday.co.zw/2022/08/ill-win-the-economic-battle-ed/">NewsDay Zimbabwe</a> reports.
He made the remarks at the <a href="https://www.pindula.co.zw/Zimbabwe_National_Heroes_Acre">National Heroes Acre</a> where he presided over the burial of the late national hero, Retired Brigadier-General <a href="https://www.pindula.co.zw/Benjamin_Mabenge">Benjamin Mabenge</a> who <a href="https://news.pindula.co.zw/2022/08/01/brigadier-general-benjamin-mabenge-has-died/">died at a local hospital in Harare on Monday the 1st of August 2022.</a>
He was 67.  
  
Addressing mourners, Mnangagwa said the economy would not collapse under his watch. He assured the nation:
<blockquote>
While in the yesteryear the war was fought on the battlefront, the second republic is well aware of the machinations of our detractors who are fighting us on the economic front. Today, there is asymmetrical warfare to make the economy scream and our people suffer.
Under my watch, they will never succeed. We will never surrender. Against all odds, we will win the economic battle and attain a prosperous future for our people.
</blockquote>
His remarks come after <a href="https://news.pindula.co.zw/2022/07/29/zimbabwes-annual-inflation-jumps-to-256-9-in-july/">inflation last week rose to 256.9%</a>, from 191.6% in June.
Prices of basic goods and services have been skyrocketing against stagnant salaries, unsettling labour in both private and public sectors, where workers have for years been <a href="https://news.pindula.co.zw/2022/08/01/govt-invites-workers-unions-to-discuss-salaries-and-conditions-of-service/">pushing for United States dollar salaries</a>.
He called upon Zimbabweans to emulate Benjamin Mabenge who sacrificed his life and gave honest hard work as a service to his country; working with integrity, transparency and accountability.
The president also implored every Zimbabwean to remain peaceful ahead of the 2023 harmonised elections.  
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

"Against All Odds, We Will Win The Economic Battle," - President Mnangagwa

President Emmerson Mnangagwa has accused some big companies of collaborating with a third hand to destabilise the economy.
This follows an astronomical rise in the prices of goods and services, which has further eroded the majority of workers’ purchasing power.
Speaking at the Political Actors Dialogue (POLAD) plenary meeting at State House in Harare on Thursday, Mnangagwa said:
<blockquote>
We have established that some members of the business community were involved in fuelling the parallel market thereby destabilising our local currency.
Our economy has been under attack from unscrupulous and nefarious individuals and syndicates bent on sabotaging our way of life.
The onslaught has created hardships for our citizens due to the inflationary pressures caused by speculation on our local currency.
I believe that these activities have been caused by a third hand whose objective is to interfere and derail our national development trajectory.
</blockquote>
Mnangagwa exhorted companies “not to be collaborators in these selfish and self-serving efforts that are not in the nation’s collective interest”.
<h4>More: <a href="https://www.herald.co.zw/net-closing-in-on-economic-saboteurs/">The Herald</a></h4>

ED Blames Companies, Third Hand For Economic Challenges

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