Step down: Finance Minister Professor Mthuli Ncube told

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MDC Treasurer General David Coltart has urged Finance and Economic Development Minister Mthuli Ncube to resign from his post before he dents his credibility by implanting policies that he does not believe in.

Coltart was responding to Dr Alex Magaisa who had said, “One day Finance Minister says government was pushed to hastily introduce the ZimDollar. Next he says everything was according to plan. Week later they are flip-flopping, re-dollarising parts of the economy. These chaps don’t have a plan. They are all over the place.”

MDC Treasurer General David Coltart

Responded Coltart, “Finance Minister Mthuli Ncube Ncube and all the sycophants and acolytes backing his policies are truly all over the place. His statement that this was planned is patently false. This was thrust on him and he was too weak to resist. My advice – resign before every last shred of credibility is gone.”

On Tuesday cabinet passed a resolution that Victoria Falls hotels should begin paying their power utility in foreign currency.

Other mining companies were also instructed to start paying in foreign currency also.

Last month Mthuli Ncube passed a statutory instrument banning the use of foreign currency in the country as legal tender.

Professor Jonathan Moyo said the SI 142/2019 was forced on Ncube.

— Byo24


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