1/7
ED Mnangagwa’s vision is to be a middle income country by 2030.
What does that actually mean? How does that vision translate to strategic intent and objectives.
GOZ has an empty promise therefore the empty rhetoric & consequentially violation of economic principles.
ED Mnangagwa’s vision is to be a middle income country by 2030.
What does that actually mean? How does that vision translate to strategic intent and objectives.
GOZ has an empty promise therefore the empty rhetoric & consequentially violation of economic principles.
2/7
Peter Drucker notes leaders are not in control of the universe. Hesiod the Greek poet in 7BC discovered scarcity.
If a leader can’t control & he has very little, in Economics all his decisions have a trade off. An opportunity lost/cost. By hunting you forgo farming harvest.
Peter Drucker notes leaders are not in control of the universe. Hesiod the Greek poet in 7BC discovered scarcity.
If a leader can’t control & he has very little, in Economics all his decisions have a trade off. An opportunity lost/cost. By hunting you forgo farming harvest.
3/7
More guns less bread. So the price of a gun is the many loaves of bread that could have fed the nation.
You can’t have it both ways. When you consume you don’t invest. When you invest, you forgo consumption.
More guns less bread. So the price of a gun is the many loaves of bread that could have fed the nation.
You can’t have it both ways. When you consume you don’t invest. When you invest, you forgo consumption.
4/7
Coming back to leadership.
The FX auction is a trade off. Subsidize consumption vs allowing production through capital investment.
The cost of FX in Zim is the lost investment in capital goods. The endeavor to prop up consumption comes at a cost of loss of capital goods.
Coming back to leadership.
The FX auction is a trade off. Subsidize consumption vs allowing production through capital investment.
The cost of FX in Zim is the lost investment in capital goods. The endeavor to prop up consumption comes at a cost of loss of capital goods.
5/7
Do the authorities know this?
Part yes & part ignorance.
It goes back to that vacuous political ED vision of 2030. Middle income status is about consumption.
Contrast the SE tigers’ vision which was to industrialise. They too faced scarcity of FX
Do the authorities know this?
Part yes & part ignorance.
It goes back to that vacuous political ED vision of 2030. Middle income status is about consumption.
Contrast the SE tigers’ vision which was to industrialise. They too faced scarcity of FX
6/7
To industrialize they forgo consumption. They saved more. They invited savings from abroad. Multinationals from abroad. Invested in capital goods & exported more. Exporters were given preference to importers. EZ with tax incentives for exports into 1st world.
To industrialize they forgo consumption. They saved more. They invited savings from abroad. Multinationals from abroad. Invested in capital goods & exported more. Exporters were given preference to importers. EZ with tax incentives for exports into 1st world.
7/7
This resulted in rapid industrialization.
Think about it for a moment. If GOZ wanted to develop the nation would our laws & governance not speak to this? A small country’s salvation is exports. Not imports. Especially not importing cheese🤷🏻♀️ nor cheese ingredients😢
This resulted in rapid industrialization.
Think about it for a moment. If GOZ wanted to develop the nation would our laws & governance not speak to this? A small country’s salvation is exports. Not imports. Especially not importing cheese🤷🏻♀️ nor cheese ingredients😢
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