Zimbabwean President Robert Mugabe should admit failure regarding the proposed bond notes and step down immediately, the Movement for Democratic Change said on Saturday.
“The introduction of bond notes as a strategy to arrest the ravaging cash crisis is a confirmation of dismal failure on the part of the Robert Mugabe regime in Zimbabwe, hence the need for him to step down now,” MDC national spokesman Kurauone Chihwayi said in a statement.
The MDC was shocked by Mugabe’s insistence to introduce bond notes as a solution for the worsening economic crisis currently affecting the ordinary poor people in Zimbabwe, he said.
“President Robert Mugabe has lost [his] grip on the economy and has resorted to meaningless strategies and measures that may create an acute shortage of products on the domestic market.
“We view the introduction of bond notes as an act of arrogance, cruelty, and a criminal strategy to create looting opportunities for Zanu-PF sharks in Zimbabwe after failing to account for the US15 billion that disappeared in their offices and diamond mine shafts.”
The MDC was raising the red flag to draw the attention of both locals and the international community to the man-made crisis in Zimbabwe.The people had loudly spoken about the bond notes and expressed their dissatisfaction and anger over their introduction but the Mugabe regime had vowed to proceed, Chihwayi said.