Breaking News

VP Chiwenga threatens businesses

by Methusi Ncube
24 April 2019 | 10162 Views
Vice President Chiwenga, a known extremist, has threatened businesses that he said were enganging in financial terrorism with unspecified action.

Speaking at the business conference at the 60th edition of the Zimbabwe international Trade Fair (ZITF) in Bulawayo today, VP Chiwenga said government would "react appropriately" and fight firwe with fire.

He accused some corporates of engaging in underground acts sustain black market activity.

"Parallel market continues to overshadow the economy because there are pple feeding it. The spate of price hikes can't be explained by objective push factors but are driven by parallel market distortions," he said in reference to price increases that have pushed most commodities out of reach of a majority of Zimbabweans.

"What kind of an economy is that, we have all been to the same school, let's behave in a way that will build the country. We keep facing forex shortage, as government we are keen to deal with these but we also want your contributions and effort," said the retired soldier.

He said most countries have less forex than Zimbabwe but they don't face the myriad of problems the country was facing due to purported foreign currency shortages.

"We will have to take stern measures because we can't carry on like this as a country. I'm issuing a stern warning to those engaged in activities that undermine the economic growth of the country," he said.




Government's threat to businesses has never worked in the country and the situation often deteriorates further after threats, disadvantaging citizens further.

VP Chiwenga has a track record for being heavy handed and extreme in his approach to problems bedevilling the country.

Last year, he fired the entire establishment of nurses and doctors in the country that were on strike due to unfulfilled government promises and shortage of basic necessities for use in hospitals.

The health delivery system went down on its knees and the government eventually re-engaged the fired workers.



Chiwenga Business ZANU PF

Source: Byo24News

Comments

Latest News

Zimbabwe plunged into darkness again - Zimbabwe has rolled back into d...

by Staff reporter | 21 August 2019 | 1 Views

Political freedoms are not respected in Zimbabwe

by Bigboy Sibanda | 21 August 2019 | 2 Views

Ibutho leNqama press release on Chief Ndiweni issue

by Ibutho leNqama Spokesperson | 21 August 2019 | 3 Views

'Regime change!' is a desirable consequence of free elections and not ...

by Patrick Guramatunhu | 21 August 2019 | 1 Views

Signs of economic resuscitation rattle MDC - Indications of economic s...

by John Sigauke in Namibia | 21 August 2019 | 4 Views

Zanu-PF eyes Zaka by-election triumph - Zanu-PF's Zaka East by-electio...

by Staff reporter | 21 August 2019 | 1 Views

Scotch cart accidents kill 3

by Staff reporter | 21 August 2019 | 4 Views

Man 'kills' cousin, pretends to be an informant - A TOUT from Bulawayo...

by Staff reporter | 21 August 2019 | 6 Views

'Regime change!' is a desirable consequence of free elections and not ...

by Patrick Guramatunhu | 21 August 2019 | 8 Views

Mnangagwa: Reformist, corruption buster chimera - PRESIDENT Emmerson M...

by Paidamoyo Muzulu | 21 August 2019 | 2 Views

Mnangagwa dragged into Mphoko, Zacc fight - FORMER Vice-President Phel...

by Staff reporter | 21 August 2019 | 6 Views

Mphoko, ZACC strike deal

by ZimLive | 21 August 2019 | 9 Views

Mnangagwa denies Majonga 'love rivalry' allegations

by Staff reporter | 21 August 2019 | 18 Views

Allan Gray hopes that courts rule in Trevor Manuel's favour against Pe...

by Staff reporter | 21 August 2019 | 5 Views

ZANU PF youth leader attacks Jonathan Moyo

by Mandla Ndlovu | 21 August 2019 | 6 Views

Latest on MDC Masvingo mass demonstrations

by Mandla Ndlovu | 21 August 2019 | 3 Views

'Phelekezela Mphoko guarded by CIOs'

by Staff Reporter | 21 August 2019 | 9 Views

Chamisa will never dance to Mnangagwa's tune

by Staff Reporter | 21 August 2019 | 7 Views

'Mnangagwa threatened to kill Majonga over High school lover'

by Mandla Ndlovu | 21 August 2019 | 14 Views

Biti takes on Mnangagwa

by Daniel Itai | 21 August 2019 | 5 Views

Andersen Global comes to Zimbabwe

by Staff reporter | 21 August 2019 | 4 Views

Chief Ndiweni's dilemma: A balanced analysis

by L Dube | 21 August 2019 | 10 Views

Never promise anyone something you are never sure to fulfil - The resi...

by Thomas Murisa | 21 August 2019 | 5 Views

Mnangagwa's govt frightened to the core, says Coltart

by Staff reporter | 21 August 2019 | 11 Views

West steps up pressure on Mnangagwa - The government appears to have s...

by Staff reporter | 21 August 2019 | 6 Views

Chamisa's MDC in crisis meeting - THE opposition MDC's top leadership ...

by Staff reporter | 21 August 2019 | 3 Views

Man kills self over daughter's lobola - A CHINHOYI man hanged himself ...

by Staff reporter | 21 August 2019 | 11 Views

Entertainment

Top 5 PS2 ISOS to play with friends you can get right now

by Staff Writer | 21 August 2019 | 1 Views

Rebecca Malope retires

by Mandla Ndlovu | 20 August 2019 | 1841 Views

Famous women in the gambling industry

by Staff Writer | 20 August 2019 | 346 Views

Zimfest delivers another 'phenomenal' festival

by Tidi Kwidini | 07 August 2019 | 636 Views

Should you be betting on reality TV show outcome too?

by Staff Writer | 05 August 2019 | 86 Views

WATCH: Jah Prayzah featuring Iyasa Sadza nemuriwo song

by Mandla Ndlovu | 23 July 2019 | 5680 Views

Muvhango star Marang Phala visits Prophet Sovi's church

by Mandla Ndlovu | 22 July 2019 | 9626 Views
iBlog

Samsung Gear Vr Innovator Edition For S6: The Perfect Vr Intro For Professionals

we're drenched in talk about the impending wave of consumer-facing vr headsets about to hit the market, starting at the end of 2015. by contrast, you can walk into a best buy right now and pick up the samsung gear vr innovator edition for the galax... Read More
Sergey 20 June 2015 ago

Hp Omen 15-5116tx – The Next Generation Gaming Laptop

the hp omen 15-5116tx is being targeted at the performance hungry gamers. it comes in a single variant boasting an eye-catching attractive design. the notebook offers a slim, lightweight chassis and appears like a piece of art than an actual gaming... Read More
Sergey 11 June 2015 ago