Mthuli Ncube Best In Africa Award Leaves Zimbabweans Shocked

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Many Zimbabweans have reacted with astonishment after Mthuli Ncube was named โ€œBest African Finance Minister of the Yearโ€ despite the countryโ€™s economic turmoil.

One user on X, formerly known as Twitter, said the award was โ€œakin to applauding a captain for steering a ship straight into an icebergโ€.

Another user called it โ€œthe greatest joke of the decadeโ€.

Zimbabweโ€™s unemployment rate is as high as 85%, economists say.

Up to 80% of transactions are carried out in US dollars because of a lack of confidence in the local currency, according to the Reuters news agency.

Reputation Poll International โ€“ an organisation that says it โ€œmanages reputationsโ€ โ€“ gave Mr Ncube the award on Sunday.

The minister, who was appointed by President Emmerson Mnangagwa in 2018, told the state-controlled Herald newspaper that he was delighted to receive the honour.

He said it was recognition of the work he and the Treasury team had done that has โ€œspearheaded the transformation of the economyโ€.

However, activist Hopewell Chinโ€™ono said on X that the award was an โ€œinsultโ€ to Zimbabweans.

He expressed incredulity especially after Mr Ncubeโ€™s recent budget, that Mr Chinโ€™ono dubbed โ€œthe most anti-people national budget that Zimbabwe has ever hadโ€.

This will see an increase in taxes, and hike passport fees to $200 (ยฃ160), up from $120, making it the most expensive in the region.

Mr Chinโ€™ono added that Mr Ncube was โ€œpresiding over the worst economy in the worldโ€ brought about by his โ€œmisguided and corrupt policiesโ€.

Zimbabweโ€™s economy has been struggling for decades. The Zimbabwe dollar was withdrawn in 2009 after inflation reached a staggering 231 million per cent, meaning prices were changing by the hour.

Critics blame mismanagement by the ruling Zanu-PF party, first under Robert Mugabe and then Mr Mnangagwa. They have in turn blamed sanctions imposed by Western countries.

Over the weekend Zimbabwe held controversial by-elections after MPs from the main opposition party, Citizens Coalition for Change (CCC), were recalled.

Zanu-PF candidates won seven of the nine by-elections but remains three seats short of the two-thirds parliamentary majority required to change the constitution. *BBC*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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