Corruption More Ruinous Than Sanctions – Economist

A chief economist said that the major issue affecting Zimbabwe’s economy is corruption and not the economic restrictions and travel embargoes imposed on certain individuals by Western governments.

Speaking to NewZimbabwe.com over the weekend, Zimbabwe National Chamber of Commerce chief executive officer Christopher Mugaga said:

The biggest sanctions we are imposing on the nation is corruption. Sadc is not needed because we as a nation have the solutions.

We are aware of people who have been exposed by the Auditor General’s Reports over being corrupt, people like (former Cabinet Minister) Prisca Mupfumira. We need to improve on tackling corruption to avoid embarrassing ourselves.

Meanwhile, the Southern African Development Community (SADC) has been lobbying for the removal of the sanctions imposed on Zimbabwe by Western countries, arguing that the embargo negatively affects the whole sub-region.

To that end, SADC has designated the 25th of October this year as a day for calling for the sanctions’ removal in solidarity with Zimbabwe.

More: NewZimbabwe.com


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2 comments on “Corruption More Ruinous Than Sanctions – Economist

  1. If i was to become president of zimbabwe today i will ban sadc from my country forever. How can this body be used to persue a propanganda campaign to divert people’s attention from the real causes of the plight of zimbabweans? Why dont they Act like the caring uncle sam who tells the nephew you are squashing your own children. Why dont they tell uncle sam the rot is in his own house before he seeks to look out of his window for a fault. I fully agree our biggest enermy is lying with its legs up right in our own house. Corruption, corruption, corruption. Lets start here.. named and shamed externalisers (zii), nassa gate all others implicated (zii), zinara gate open challenge to investigate me by obert (zii), mutare diamond $15billion saga (zii), rbz gate trading forex in the streets (zii), minister of finance dealing govt funds direct to pvt company sakunda, no tender on top of that (zii), command agric 3 birrion (zii). Ahh even if sunctions were lifted today all the money will disappear in a flash before our eyes

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