[LISTEN] Policy unnecessary to return Zimbabwe's money

Zimbabweans are looking to President Emmerson Mnangagwa to see how he will revive the country's economy.

In November long serving president, Robert Mugabe was persuaded to step down following a soft coup.

Africa Melane speaks to Constitutional Lawyer and Governance expert Brian Tamuka Kagoro and Sunday Times Zimbabwe-based journalist Ray Ndlovu, asking what can be done to boost the economy?

The smoke has cleared and now it's much clearer as to where the country is heading to at the moment.

Ray Ndlovu, Sunday Times journalist

Zimbabwe has been in an economic crisis for years and sanctions were imposed on the country during Robert Mugabe's era.

In 2009, the country introduced the controversial bond notes after the Zimbabwean dollar was rendered worthless because of hyperinflation.

People's expectations would be around access to their savings and access to cash and that has not really materialised in the way promises were made.

Ray Ndlovu, Sunday Times Journalist

According to constitutional law expert Brian Tamuka Kagoro, President Mnangagwa should focus on fiscal and monetary policy to change the economy of the country.

The Zimbabwean government previously offered immunity to people who took money out of the country to invest abroad.

You have a lot of Zimbabwe's in the diaspora who have resources that could be vested in the country and they reason they are not invested is there is no faith in the capacity of the government to respect peoples property.

Brian Tamuka Kagoro, Constitutional Lawyer and Governance Expert

It is not Zimbabweans in the diaspora, it is those people in government, the same ones who are making the policy. They should simply return the money. You don't need a policy to do the right thing.

Brian Tamuka Kagoro, Constitutional Lawyer and Governance Expert

Listen to more on the economical issues of Zimbabwe and what callers had to say


This article first appeared on 702 : [LISTEN] Policy unnecessary to return Zimbabwe's money


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