Finance Minister Mthuli Ncube just dropped a bombshell when he banned all foreign currency and brought back the Zimbabwe Dollar as the only legal tender. Understandably most Zimbabweans are not happy with the development.
Professor Jonathan Moyo says the University of Zimbabwe should withdraw the degree it conferred on Professor Mthuli Ncube. Moyo was commenting on the recent gazetted Statutory Instrument by Ncube outlawing the use of Foreign Currency in Zimbabwe.
“Forget the Cambridge University doctorate, University of Zimbabwe’s Economics Dept should recall the undergraduate degree it awarded to Mthuli Ncube,” Moyo said. “As for those who stole the 2018 presidential election in order to do this, that’s up to the people from whom executive authority is derived.”
Recently former MDC Youth leader Shephard Dube announced he is leading a process to petition Oxford University to strip Finance Minister Mthuli Ncube of his Professorship. In an interview with this publication Dube said, “I am working with my organisation Southern Stars Foundation to petition Oxford University in stripping this man Mthuli of Professorship.
Forget the @Cambridge_Uni doctorate, @UniversityOfZim‘s Economics Dept should recall the undergraduate degree it awarded to Mthuli Ncube. As for those who stole the 2018 presidential election in order to do this, that’s up to the people from whom executive authority is derived! https://t.co/fx8O4U6PVC
— Prof Jonathan Moyo (@ProfJNMoyo) June 24, 2019
Will SI142 of 2019 bring in FDI? No.
Will it cure black market rates? No.
Will it bring down prices and inflation? No.
Will it increase forex inflows? No.
Are any we happier? No.
Does Gvt expect to be congratulated for this? Yes!@daddyhope @263Chat @johnmokwetsi @Mathuthu
— VINCENT KAHIYA (@VTKAHIYA) June 24, 2019
— Adv TTG Musarurwa (@tazmus982) June 24, 2019
I think there’s a government committee whose job is just to look for ways to make our lives more miserable and confusing.
— Nqaba Matshazi (@nqabamatshazi) June 24, 2019
The Zimbabwean $ might be back. @nickmangwana @MthuliNcube please confirm that this gazette is legit. That Zim$ is 1:1 to RTGS & that trading in anything other than Zim$ is now illegal. #zimbabwecurrency pic.twitter.com/l8PaoReEoK
— Chipo Dendere (@drDendere) June 24, 2019
Oxford is a very reputable institution and cannot be associated with someone who has destroyed people’s lives. On Monday we are launching an online petition with an aim to gather 1 million signatures. We are sending a delegation to Oxford to make oral presentation about this dream killer.
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