My two recent postings - the first on why I would invest in Zimbabwe and the second titled 'Marvellous Zimbabwe' caused quite a stir in the Diaspora. Many people attacked me for presenting a misleading picture of life in Zimbabwe. They are quite happy to get a steady stream of miserable stories from Zimbabwe, but the small snippets of good news are not that welcome. But I stick to my guns - both are accurate views of Zimbabwe.
We have achieved a great deal since we went into the Transitional Government under the GPA. It was a deliberate decision - we in the MDC felt that even though it was a lousy arrangement and that we had been short changed by both South Africa and the SADC region as a whole, we had to do something to save the country from complete collapse.
Let me just remind everyone of the situation at the end of 2008: inflation was doubling prices every day - our money was worthless, a billion dollars would not buy you a loaf of bread. All State schools were closed and had only functioned for 23 days in the year. All hospitals were just glorified mortuaries - without electricity, drugs, cleaning materials and basic services. Despite good seasons we had a near total crop failure and the majority of the population (eventually over 70 per cent) were in need of food aid.
Revenues to the State had fallen to 4 per cent of GDP - a mere $200 million a year - civil servants were earning less than $20 a month and were unable to get to work or feed themselves. 150 000 people had Cholera which was sweeping through the urban areas where water supplies had failed and sewerage systems were in a dire state. The railways had collapsed, power supplies were down to a few hours a day and most of it was imported. Shops were empty, we were buying bread and milk in South Africa and fuel was in short supply everywhere.
At the same time a small minority with access to foreign exchange through the Reserve Bank was living the life of a multimillionaire - shopping sprees to Dubai and other glamorous destinations were weekly events, luxury cars could be purchased for the price of a packet of cigarettes.
Diamonds at Marange had been discovered and a diamond rush was on with fortunes being made on a daily basis - but only by the criminal and the connected. All savings were wiped out; the total stock of cash in the country's financial system was worth $6 million by the end of the year. A total collapse of the Zimbabwe economy and society as we know it was imminent.