MASVINGO – President Emmerson Mnangagwa defiantly addressed a Zanu PF rally in Masvingo on Friday, blaming opponents, western countries, and business operators for the current price surge in Zimbabwe.
Mnangagwa further threatened to withdraw licenses from those he accuses of colluding with the enemy to fuel the crisis.
Speaking at the rally organized by the Young Women 4ED group, Mnangagwa condemned the wave of price increases that have adversely affected wages and caused anxiety among the population.
He attributed the crisis to external forces and vowed to fight against what he perceives as a direct attack on his administration.
“We are aware of those bent on causing havoc in our country by attacking our currency; they will never succeed. They want our minerals, they want to fan anger in the populace so that they can install their puppets while you, the masses, suffer,” Mnangagwa stated, seemingly referring to Western governments.
Expressing his determination to tackle the price surge and foreign exchange manipulation, the President declared, “This morning when I met the Reserve Bank of Zimbabwe governor and the Minister of Finance, I gave them instructions that we shall not tolerate this nonsense.
“Those who are found wanting and commit crimes against the measures we have in place, we shall withdraw their trading licenses because these people are doing heinous acts that cause suffering to our people. I now warn them, warn them three times…”
Mnangagwa criticized the opposition, accusing them of colluding with western governments to destabilize the country’s economy.
“We in Zanu PF are building the country, while some opposition parties supported by their Western handlers are causing suffering to our people through sanctions and attacks on our currency.
“These detractors and their surrogates have never had the people of Zimbabwe at heart; our mass revolutionary party is the only party with a vision for the future,” he affirmed.
Zimbabwe is currently grappling with an economic meltdown, characterized by rampant inflation that has eroded wages.
The country is also heading towards high-stakes elections in August, marred by a power crisis leading to erratic supplies that detrimentally affect businesses and livelihoods.
Critics argue that the state of the economy will play a significant role in citizens’ choices regarding their next leaders.