Mthuli Ncube Did Not Consult Us On Fiscal, Monetary Policies: Zanu-PF Distances Itself

The ruling Zanu-PF party has distanced itself from the fiscal and monetary policy statement which were recently announced by Finance Minister Mthuli Ncube and Reserve Bank of Zimbabwe governor John Mangudya. The policy statements resulted in an increase in food prices and a shortage of basic commodities as the exchange rates for foreign currency started skyrocketing. Zanu-PF’s Secretary for Administration, Obert Mpofu who of late has been preaching that the party is superior to government distanced the party from the new policies saying that the party had not been consulted on the new measures. Appearing on national television, Mpofu said,

The so-called the new financial reforms which have caused price hikes and the response you have seen from business were done without consultations and Zanu PF will not allow that.

However, Mpofu’s assertions seem to contradict President Emmerson Mnangagwa who was unapologetic about the 2 per cent tax on money transfers recently announced by Ncube.  Mnangagwa insisted that the government is looking at pleasing the economy and not the taxpayer. Said Mnangagwa,