Malema hits back at Mnangagwa

Malema hits back at Mnangagwa
Published: 29 July 2019 (1373 Views)
The souring life of Zimbabweans in Zimbabwe is becoming unbearable as each day progresses. With food inflation hovering just beneath the 200 percent mark urgency is needed to alleviate the pandemonium that Zimbabwe is facing.

Whilst addressing congregates at their 6th birthday bash in Nelspruit at the  KaNyamazane stadium in Mpumalanga on Saturday, the commander in chief of the Economic Freedom Front (EFF) Julius Malema, expressed his empathy for Zimbabwe, "Ramaphosa should intervene in the situation of Zimbabwe, we can't just watch whilst our brothers and sisters are suffering, during Apartheid they offered us assistance and we should also do the same."

The statement by Malema is a clear smack to Zimbabwe's President, Emmerson Mnangagwa's efforts of trying to "rebuild Zimbabwe" which he is seemingly failing to do.

According to Jee-A van der Linde an economist at NKC African Economics, things are not going well for Zimbabwe, "the economy is in bad shape and conditions continue to worsen, there is no doubt that the economy is going to suffer a contraction this year."

According to Zimbabwe Statics Agency (Zimstats) prices of basic goods from sugar, cooking oil, and building materials rose last month to as much as 200 percent.

The new currency which was introduced last month is seemingly not aiding Zimbabweans as most banks give if converted to United States dollars a maximum of $35 a week and the highest tender is a $5 note (Zimbabwean currency)

"If things continue to deteriorate like they have, it is probable that prices can snowball into a hyperinflation scenario," van der Linde said.

- Daniel Itai

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Mnangagwa denies Majonga 'love rivalry' allegations

by Staff reporter | 21 August 2019 | 29 Views

Mphoko, ZACC strike deal

by ZimLive | 21 August 2019 | 16 Views

Mnangagwa dragged into Mphoko, Zacc fight

by Staff reporter | 21 August 2019 | 15 Views

Chamisa's MDC fails to pay salaries

by newzimbabwe | 21 August 2019 | 12 Views

Mnangagwa: Reformist, corruption buster chimera

by Paidamoyo Muzulu | 21 August 2019 | 13 Views

'Mnangagwa threatened to kill Majonga over High school lover'

by Mandla Ndlovu | 21 August 2019 | 35 Views

Chamisa will never dance to Mnangagwa's tune

by Staff Reporter | 21 August 2019 | 38 Views

'Phelekezela Mphoko guarded by CIOs'

by Staff Reporter | 21 August 2019 | 33 Views

Latest on MDC Masvingo mass demonstrations

by Mandla Ndlovu | 21 August 2019 | 33 Views

ZANU PF youth leader attacks Jonathan Moyo

by Mandla Ndlovu | 21 August 2019 | 24 Views

Biti takes on Mnangagwa

by Daniel Itai | 21 August 2019 | 111 Views

Police ban MDC Masvingo mass demonstration

by Mandla Ndlovu | 21 August 2019 | 91 Views

WATCH: Latest on Phelekezela Mphoko

by Mandla Ndlovu | 21 August 2019 | 100 Views

Chamisa's supporters jailed over dangerous weapons

by Staff reporter | 21 August 2019 | 82 Views

Mnangagwa's govt defends police position on MDC Chamisa's demos

by Staff reporter | 21 August 2019 | 62 Views

Mthuli Ncube to issue new coins, notes

by Bloomberg | 21 August 2019 | 82 Views

Chief Ndiweni fights conviction & sentence

by Staff reporter | 21 August 2019 | 55 Views

Mnangagwa's govt slams EU's 'intrusive attitude'

by Staff reporter | 21 August 2019 | 86 Views

US regime change in Zimbabwe getting brazenly silly

by Isdore Guvamombe | 21 August 2019 | 57 Views

Bulawayo bomb scare: Army called in

by Staff reporter | 21 August 2019 | 54 Views

Poison fearing Mphoko now a wanted man

by Staff reporter | 21 August 2019 | 70 Views

Police in 5-day cybercrime training

by Staff reporter | 21 August 2019 | 58 Views

War veterans recommend anti-sanctions holiday

by Staff reporter | 21 August 2019 | 56 Views

Zimbabwe is a country of laws

by Tino Chinyoka | 21 August 2019 | 57 Views

Mnangaga appoints five new judges

by Staff reporter | 21 August 2019 | 43 Views

FC Platinum shift base to Bulawayo

by Staff reporter | 21 August 2019 | 54 Views

Mtukudzi's daughter engages Steve Dyer

by Staff reporter | 21 August 2019 | 66 Views

Caps Utd elevates Darling Dodo

by Staff reporter | 21 August 2019 | 46 Views

Stanbic Bank recruits more student interns

by Staff reporter | 21 August 2019 | 42 Views

Zimbabwe democratic space has shrunk

by Learnmore Zuze | 21 August 2019 | 43 Views

Teachers threaten chalks down

by Staff reporter | 21 August 2019 | 34 Views

13-year-old girl married off for $80 in Zimbabwe

by Staff reporter | 21 August 2019 | 38 Views

Fuel situation in Zimbabwe improves

by Mandla Ndlovu | 21 August 2019 | 48 Views

Zec pushes for transparency

by Staff reporter | 21 August 2019 | 37 Views

Chamisa party's ex-workers eye MDC's govt grant

by Staff reporter | 21 August 2019 | 31 Views