Harare – United Family International Church (UFIC) leader Prophet Emmanuel Makandiwa, has urged the Government to adopt the rand.
At a Sunday service, the man of cloth become the latest voice to wade into the monetary debate as he advised authorities to urgently address the currency distortions that have become an burden for both business and consumers.
Different solutions have been proffered on how government can deal with the current fiscal challenges, including the wider usage of the rand as the functional currency given the already strong connection between Zimbabwe and South Africa in terms of trade and FDI.
Confederation of Zimbabwe Industries (CZI) and the Bankers Association of Zimbabwe are on record pushing fiscal authorities to adopt the rand as a currency of reference which would ease the pressure on the country as it had become an easy target to access the green buck.
Economists aver that the rand link presents a strong option for Zimbabwe considering the already strong relationship between the two countries.
The government is currently implementing a number of reforms to revive the economy implemented through a raft of cost cutting measures, but has approached the currency crisis issue with saliency leaving room for arbitrage opportunities.
Despite the growing calls, treasury maintains a lot of issues need to be considered before taking such a route.
The debate on the use of the rand ahead of the US dollar to resolve the country’s currency challenges escalated last year, with arguments centered on the trade statistics where the country’s economic activity is already quoted at 95 percent with Pretoria.
Here is what the Man of cloth said….
I came here because there’s just one more prayer that I want us to do. But before that let me explain something to you.
I have noticed that many times when people are asked to pray for their nation and their leadership, rarely are they told what exactly to pray for. I’m saying this because it’s coming from the deepest part of my heart. It has been done before, that people pray for their nation, but areas that need to be discussed are not discussed. What exactly about your nation are you praying for. So I’ll point for you areas that we want to target as we pray today. Understand me, this is not a prophecy. I’m saying this so that you don’t misquote me. It’s better you call it an advise not prophecy.
Our situation requires an immediate correction because something is not right. You have a disadvantage when you’re dealing with a devil that doesn’t sleep and you have to sleep, you have a disadvantage. You go to bed but your enemy doesn’t go to bed. He has a very huge leverage because already time is on his side and time is not on your side. When it’s during the day you’re working against him and he’s working against you and during the night he’s working against you and you’re sleeping. So he’s beating you with time. He has got all the time and you don’t have all the time.
I believe that our leaders are facing two creatures that they need to contend with and these creatures are very fierce and they don’t get tired. These are creatures that you kill today but they keep on resurfacing. It doesn’t matter which leader you are, you’ll still face those creatures. Those creatures are not going to fight you based on where you are coming from, based on your level of education but these are creatures that live in every economy. So these creatures do not thrive because of the one leading the nation. Even if we make you the leader you’ll still have to destroy these two creatures before you start leading. These creatures require the wisdom of God; physical, natural intelligence cannot address these two creatures. Get what I’m saying first before you pray. Failure to understand what I’m saying then don’t even pray when we get to the time of praying.
I have also done that so many times, were I get into prayer and what I’m praying for is not clearly defined; an undefined prayer cannot attract a defined answer. Be clear about what you’re praying for so that the answer can also be clear.
I think I have said this for 3 consecutive Sundays that we need cash (real money) in this country, and the money I referred to was not even our local money, I said that we need forex. I’m not trying to get into some of the prophecies I gave previously given because this is an advice not prophecy. If prophecy is difficult to embrace then we have to try Advice because ‘Advice’ is not a spiritual term it doesn’t confuse many people. We used to have US Dollars in our pockets, our bank accounts and in our homes. I said as a prophet that God is saying keep as much gold as you can because there’s an attack on the currency that is coming. Within the prophecy was a solution and I kept on coming back and saying the gold that’s supposed to be kept I see it leaving the country through many other ways and yet this is our redemption and our solution. What we could be doing now is simply creating our own local currency backed by our gold reserves. To attempt to do that now we create something else which is not money and we give it another name (bond). Anything that can be done now it is never going to help in changing this economy. At this point foreign currency is needed. Please follow me and follow me closely. Unless something is done then nothing is going to happen. There’s an amount of pride that we have to break, there’s a measure of pride that we need to confront for us to be liberated from this state that we are in now. An attempt to maintain ourself as a sovereign state can also contribute to the problems that we are facing and I believe that any country especially Zimbabwe, yes indeed we are an independent state and we are entitled to our own currency, yes we have to have our own Zimbabwean dollar, that is what we celebrate as freedom but we don’t have that then we are not really a sovereign nation. I believe colonization is not only when we have the colonizer coming to inhabit within the colony. Colonization can also be done remotely, you can send your money into a community that is not your community and control the affairs of that community, that is also colonization. When you want to colonize a place especially in this modern day then the colonization has to be modern also, you can send your money there and determine the value of that place based on your money. So they cannot say they’re independent if they cannot have their currency. Sovereignty as a state means we can manage our own affairs without having to depend on another state or another country. Here’s the problem, that can only happen when you have your own money, when you’re also producing, but if you’re not producing and you don’t have your own money then don’t hesitate to sacrifice your sovereignty because you are not sovereign after all. We need another nation’s money and it has to be made official.
We are supposed to officially declare that there’s nothing as one is to one. What we have to say is reality because we require answers that are real and real answers are triggered by answers that are real. To say that, it calls for a lot of things to be in place before that can be declared and I’m aware also of what happens when that is said abruptly. When today you say that we no longer have the bond as a currency, the major creature there number 1 is I have got money, bond in the bank, I have got my bond under the pillow and what does that bond become? So if I’ve got 3 Bond and I’m told that the USD or the Rand has arrived I need to know what my bond is going to become, so if it’s 1 is to 1 then I need to get my $3 USD because you said so, but if you had told me in the beginning that 1 is to 3 then I’ll know that of the 3 bond I have is $1 USD. You fear repeating what happened before. So if we have 6 Billion in bond in circulation, before we can announce that we now have US Dollars and Rands, know that you have 6 billion already in circulation. So by waiting to have enough US Dollars to cover the 6 billion bond in circulation, we are only going to delay our solution. The environment will keep on getting tougher and tougher and people will end up protesting and then they’ll have no choice but to officially say 1 is to 3. They fear that you’ll erupt when you’re told that your bond money is now 1 is to 3.
I’m also aware of what can happen if that announcement is done, the market will be out of control. What causes that to happen is when you remain with something that is not money in circulation. The announcement must be followed immediately by the disappearance of what is not money (Bond Note). On this aspect I say that if you want to borrow money then go and borrow 2 billion US Dollars to counter the 6 billion bond that is in circulation. So if you say it as it is to the people then you only need 2 billion forex but if you say what it is not then you need 6 billion in forex. That’s number 1 creature. Toitasei nemari dzevanhu, chatakavapa takachiti imari, saka munhu haadi nemari yake.
After this, here comes the other creature, how then do we create more money, toitasei kuti maRands aya nema US Dollars zvitange kuwanda. I spoke about the secretary bird a long time ago (2010). Zvinonyadzisei nhai kushandisa mari yavo yemaRands, inga tinongopfeka hembe dzavo tichidya mafuta ekwavo. At this point, real currency is what will deliver us from this situation. Apa hapanzvengeke, hazvina basa kuti ndiani atonga, whether maita unity government, asi munhu anongoda mari yake, these two creatures are supposed to be faced. Kubvunza vanhu vanoda izvezvi kuti zvinzi 3 bond yako yava $1 USD, vanhu havadi kuzvinzwa but ndozviripo on the ground. Zvinongoda kuti zvichingodomwa officially yobva yaita disappear zvachose immediately from the economy. If you cannot hear me well you may think I’m against the system, this message decides whether you pump out US$6 billion or 2 billion. Ndozvazviri, it’s now 1 is to 3.
They are so afraid of the reactions of the people because the reactions of the people cannot be ignored. Now we are going to pray that the news will be accepted with both hands by the people when it is announced. Right now in their attempt to revive the economy they look at the reaction of the people and they think twice. Kana taita izvozvo imwe toiwana kupi, that’s the second creature? Imwe forex inodaidza dzimwe, because the bible says, deep calleth unto deep. Meaning, if that which is not money calls money, real money won’t respond. But if US Dollars come they’ll summon more US Dollars. Fuel is something so small that it should not make a grown man to sleep in a queue waiting for fuel and the man’s family is left exposed at home and robbers know that the father of this house is in a fuel queue somewhere and they’ll invade the house and the family’s security is compromised. Nguva yatiri inguva yekuti chero ukatadza kuuya kuchurch handikubvunze, ndinotozvinzwisisa; pandasvika nhasi makazara kudai ndatoshamisika kuti, “aikazve!” makwanisa kuuya sei. (congregation laughs).
Mari ichashandira nyika ino is not the money in circulation already, it’ll never be sufficient. And I said don’t arrest business people because it’ll scare away investors. Investor akaona a local business person not being treated well in his own nation he’ll be scared away from investing in that nation. A foreign investor will investigate on how the local business people are treated in that nation.
What I believe about every government everywhere is this, I believe the job of the government is to create a good environment for businesses to run in that country. I believe the government should cause anyone to flourish if they decide to get into business. They should ensure doing business becomes smooth and easy.
I told you I had a business that I was running and asked one of my Pastors why this business is not going well and he said I need 6 licences from 6 ministries to get this product into this country, it needs 6 signatures, six permissions. That is not the environment that we need. We really want these queues to disappear. Let one currency (forex) be in every person’s pocket, US Dollars ngaave kumunhu wese. So we have to start warming up for the better currency that is coming. My prayer is for people to be ready because some of the changes that may come are for good. I told you months ago that zvichamboti womei. These 2 creatures had to be fought no matter who’s in power leading the nation. But pane nyaya ndepekuti the people in authority how much time do they need to announce it officially.
So we are going to be praying now and presenting our case before the Lord, and we are also going to pray for our people of Zimbabwe so that they accept. Right now people are in a resistant mode, they’re resisting any slight change. So the authorities are afraid of the reactions of the people; so we are delaying our own redemption, there’s something that can be done now zvigochemedza vanhu nhasi but vozofara mangwana, vanhu havasikuda kuchema nhasi asi ivo varikutochema kare. We cannot ignore what is happening. Inini kushumira kwangu handitsvage zvisiri currently relevant, the bible says, give us our daily bread, so I minister what is currently happening, what is affecting people currently. So don’t give up, don’t give up, don’t give up! So we are praying for the people, kuti mhuka mbiri idzi kana dzorwiswa vanhu varegedze kupindira. Ndati mhuka mbiri idzi dzinoda kuuraiwa but vanhu ngavasapindire. The interference of the people simply because they want to protect the little that they have but in doing so they’ll be blocking the much that is coming. After this we want our industries now to open. We have people here, maybe more than a thousand vekuti kana industry dzovhurwa they are not waiting to go there to get a job but they are saying we are the ones who are going to open the industries and create the jobs for others. This message I have delivered in very few minutes, ukaona munhu achivenga zvandareva izvi I wouldn’t want to think that person is a Zimbabwean, because if you are a Zimbabwean you would really want this to stop, such a person is an enemy of progress. Three things, vanhu, hutungamiriri and kuti industry ivhurwe. But pane mhuka mbiri idzi, mhuka yemari dzevanhu and mhuka yekuti towedzera sei forex yacho to sustain the forex.
We are going to do a very short prayer, very very short, kungoti nhai iwe denga vhura ndangariro dzevanhu vaone maguta amangwana, inini handina munda wandakapihwa neZANU, vaunoona vachipihwa minda marombe emaPastor ayo. Handisupporte ZANU kana MDC, nditoriwo kaParty kangu ndega kanenge kachisorter zvinhu munyika yemweya umu. Mhuka idzi dzinoda kurwiswa no matter which party you’re coming from as the leader. Nhamo yemunyika medu inofanira kupera.
Ukaudzwa chekunamatira sezvezvi unobva wajekerwa handiti. Wonyatsoti nemo nemo in prayer. Patanga tasvika apa panga panyanya kuipisisa we don’t just exit nyore nyore, but we need people to create the desired space for the change and for things to change. Every leader requires this space to make things well. Give our leadership space to make the changes. Right now everyone is cursing the leadership and is bitter and angry.
Even after prayer and things turn for the better some people will still deny and say that things are not well. Zvinhu zvakaita sekuti unotomboona panogadzirwa road, hatichatombozvione, takutongotsamwa chete, nezvanaka zvaitika hatichazvione.
Same power inorapa munhu anorwara ndopower rinorapa nyika.