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for dollarisation
ment achieves all the key Sustainable De- vention. Without this right of access to sea,
velopment Goals (SDGs). landlocked countries will be deprived of
In his remarks during the virtual Harare the successful exercise of their right on the
Blue Talks, which were co-hosted by the UN Convention on the law of the sea.
embassies of Portugal and Kenya ahead “This, as you are all aware, will hamper
of the UN Global Ocean Conference, UN their access to international trade through bleeding is to fully dollarize the econ-
Resident and Humanitarian Coordinator maritime routes as well as other rights un- Review & Mail Writers omy. It is in this vein, that the ZCTU is
Edward Kallon said the UN was commit- der the Convention with all the economic calling for the urgent convening of the
ted to collaborate with Zimbabwe and as- and social benefits derived there from.” The recent hikes of service fees Tripartite Negotiating Forum (TNF)
sist the country to meet its national devel- The 2022 UN Ocean Conference, -Kallon by most government departments, whose sole agenda would be to discuss
opment targets by 2030. said-will focus on the 14th sustainable de- pegged in USD, have triggered fresh the issues of rising prices and the ero-
The UN Global Ocean Conference will be velopment goal and bring together differ- calls for dollarisation amid concerns sion of workers’ salaries,” he said.
held in Lisbon, Portugal later this month ent stakeholders. workers’ salaries in local currency Dzimiri said because of chronic high
from the 27th to the 1st of July and it will “The UN Ocean conference comes at a would not match them. inflation, economic agents had lost
run under the theme, “Scaling up ocean critical time. There is no doubt about the The workers also noted the galloping confidence in the Zimbabwean dollar
action based on science and innovation critical importance of the ocean to the prices of basic commodities such as as it no longer effectively fulfilled the
for the implementation of goal 14: stock- survival including to landlocked countries bread, cooking oil, fuel and transport major functions of money.
taking, partnerships and solutions.” like Zimbabwe and others in Southern Af- fares, which they said had gone out of He warned that the current situation
“While the conference spotlights these rica,” added Kallon. reach of ordinary Zimbabweans. had become unsustainable and could
goals, in Zimbabwe the UN is working in “Later this month, it will bring together “Recently, the Zimbabwe Schools Ex- be a catalyst for civil unrest.
collaboration with the government and stakeholders under the theme, “Scaling up amination Council, most government “The economic instability is also
other partners including civil society, Ocean Action based on Science and Inno- departments and public hospitals known to contribute to mental health
business, academia and donor and devel- vation for the implementation of goal 14 of which are used by the poor have hiked challenges at the workplace and this
opment partners towards achieving the the Sustainable Development Goals, Stock their fees pegging them in USD. The will have serious negative repercus-
SDGs through Zimbabwe’s national de- Taking, partnership and solutions. moves are a direct confirmation that sion on both production at the work-
velopment strategy and by extension the “While the conference’s spotlight is Sus- the nation has dollarized but salaries place and the Gross Domestic Product
AU Agenda 2063,” said Kallon. tainable Development goal 14, which is Life remained pegged in RTGS. The gov- (GDP),”.
“This partnership framework defines on the Water, we should not lose focus of ernment and employers must wake up The government is however, adamant
where the UN will support the govern- the interconnectedness of the 17 sustain- to the reality of dollarization and pay that it would not fully dollarize the
ment of Zimbabwe to meet its own devel- able development goals, which were ad- workers living wages in a stable cur- economy and is encouraging the use
opment priorities. At the heart is the mu- opted by member states as the blueprint rency,” ZCTU Acting Secretary Gener- of the local currency.
tual desire of the UN to work towards a for development towards 2030.” al, Runesu Dzimiri said in a statement. Finance and Economic Development
prosperous and empowered upper-mid- The Zimbabwe-UN cooperation frame- Dzimiri said while everything else Minister Mthuli Ncube has on sever-
dle income society by 2030 anchored on work was signed last year as part of efforts was going up and denominated in al occasions insisted that Government
four strategic pillars for this transforma- to catapult the country to successfully land USD, workers’ salaries remained stag- was still pursuing de-dollarisation,
tion. its SDGs and national development agen- nant. saying dollarisation was a bad idea.
“I want to reaffirm on behalf of the UN, our da and it will run until 2026. “In recent months, the cost of living Ncube argued that the improved in-
commitment to the government and peo- It is based on four main pillars which seek has risen to unprecedented levels and dustrial capacity utilisation was a re-
ple of Zimbabwe to support the achieve- to achieve a number of goals which in- we demand that the government take sult of the presence of the domestic
ments of the national development prior- clude a people-centred equitable human a bold step to correct the situation and market.
ities and the 2030 agenda for sustainable development, environmental protection, cushion the consumer,” he said. He insisted the use of the Zimbabwe
development.” climate resilience and natural resource He said workers bore the dispropor- dollar had made the country’s econo-
The UN official applauded Zimbabwe management, economic transformation tionate brunt as wage increases had my competitive.
for adhering and acceding to the 1982 UN and equitable inclusive growth. lagged inflation, with majority being
Convention on the Law of the Sea which Lastly, the framework further aims to relegated into the working poor. "It has made our economy competi-
he said should also help the country to promote transformative, accountable, eq- “The inflationary tax has erod- tive; we cannot use the US dollar as a
benefit economically through access to uitable and inclusive governance. ed workers’ wages. The only stability sole currency. That will be a very bad
maritime routes despite being a land- The cooperation framework translates that can be administered to stop the idea indeed."
13 June 2022 2022
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All roads led to the Aquatic Com-
plex in Chitungwiza at the weekend
where Sungura music maestro, Alick
Macheso, was launching his 12th Al-
bum, after having spent more than
two decades in the music industry.
Macheso was also celebrating his
54th birthday, a sure sign he is slow-