Zimbabwe has said it does not need the services of Ghana’s Vice President, Dr Mahamudu Bawumia in its effort to rebuild the country’s challenged economy following President Emerson Mnangagwa swearing into office last week.
Ex President Robert Mugabe tasked Dr. Mahamudu Bawumia in 2011 to assist his country on its re-engagement with the international community. Dr. Bawumia, an economist and former Deputy Governor of Ghana’s central bank went to Zimbabwe as the African Development Bank’s Resident Representative to Zimbabwe. He succeeded in making the southern African country’s economy stronger and had substantial growth.
His appointment follows the request by Mugabe’s government, with the backing of Southern African Development Community (SADC), for the African Development Bank, as the premier African multilateral development institution, to take a lead role in assisting Zimbabwe revamp its ailing economy.
Zimbabwe, whose economy shrank significantly after 2000, had major hyperinflation problems from 2003 to 2009 and suspended its own currency. The economy deteriorated from one of Africa’s strongest to the world’s worst.
As a result, the country witnessed widespread poverty and a whopping 94% unemployment rate.
Zimbabwe’s new President Emmerson Mnangagwa has pledged to re-engage the country with the world, following the dramatic departure of Robert Mugabe. In his inauguration speech, Mr Mnangagwa sought to reassure foreign investors to attract badly needed funds to revive Zimbabwe’s failing economy.
Some economists have said Zimbabwe, may take another ten years to marginally reverse the deteriorated economic fortunes that once anchored the Southern African country among the world’s emerging markets.
Speaking to Kasapa FM’s Akwasi Nsiah on a wide range on issues, Lawyer Farai Mafunga, counsel for President Emmerson Mnangagwa said, though Zimbabwe acknowledges the contribution of Dr Bawumia in reshaping their economy in the past, his services are not needed now.
“Zimbabwe has got competent people to turn things around, I think we need to engage the international community and get some investment into the country. I think the people in the country are very capable of doing a great job. Obviously, any help we can get from elsewhere is welcome but I think we’re good to go and so we don’t need Dr Bawumia’s support now.”
Source: kasapafmonline.com
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The lying showboat has been reject as a know-nothing who failed to help Zimbabwe.
SOMEONE TELL THE LAWYER DR. BAWUMIAH WAS LOANED TO THEM ON A PART TIME BASIS. TODAY HE IS OUR FULL TIME HONOURED VICE PRESIDENT. SO IT IS NOT AN ISSUE OF YOU DON'T NEED HIM. HE IS SIMPLY UNAVAILABLE. I AM SURE THAT WITHIN TWO YEARS, THE SAME LAWYER WILL COME OUT TO SAY 'WE WISH WE HAD HAD BAWUMIAH IN OUR COUNTRY'. BAWUMIAHNOMICS IS ALREADY WORKING FOR US HERE IN GHANA.
The irony of it all. Has he finished fixing Ghana's economy?
The man was not clear in his mind what he was saying ,Bawumia is bus in Ghana ,is not that you do not need his services he can nt be there for you .Simple
Improper Headline. Am happy the Lawyer accepted that the Vice President of Ghana did well during his time in Zimbabwe. Ghana and Zimbabwe have some good ties because of former Prez, Uncle Bob's wife Sally. We rather need to deepen it to assist Zimbabwe instead of talking like our head is not properly screwed on the neck. Zimbabweans virtually worship Ghanaians because of Madam Sally Mugabe. Let's be careful of what we say and not be blinded by party politics. Have a good day.
BAWUMIA HAVE NO TIME TO BE IN ZIMBABWE, AS HE IS FULLY ENGAGED IN GHANA'S ECONOMY.