Some time back, Morgan Tsvangirai said that the transitional government in Zimbabwe was like a marriage between a donkey and a horse. I joked that such a union would produce sterile offspring. At a rally in Matabeleland the other day I said that this analogy might also apply to a weird couple tied together in a yoke and trying to pull Zimbabwe out of the deep hole it is in.
If you take that analogy one step further and ask yourself how this crazy set up can actually work, it will become clear to you that such a union will be largely dysfunctional, barely productive and if it is going to pull us out of the hole we are in, it will need help. This is especially so since it is clear that Zanu PF are still digging the hole deeper even while they pretend to help pull on the outside of the hole.
Zanu PF is digging the hole deeper by continuing to destroy what is left of our agriculture, legal and judicial system and is continuing to loot those State institutions they still control. At the edge of the hole, the donkey is barely pulling. It stands there with its head down and makes no effort to help the horse pull the chains that link them to the country in the hole.
How deep that hole is was illustrated for me this week when I had lunch with an investment fund manager from London in Harare. He gave me a report that stated that based on official exchange rates, the GDP in Zimbabwe in 1997 was nearly 10 billion US dollars. Last year their calculation put our GDP at 2 billion dollars. Over the same period little Botswana next door took its real GDP from US$7 billion to US$14 billion. Seven times the GDP of Zimbabwe with only 15 per cent of its population.
This explains the extreme difficulties we are in - can you imagine an entire country living on barely survival income levels? That is where we have come from. This same visitor told me that they were impressed with the progress made since the new government took charge. They showed me the sales of beer by a local manufacturer - clear beer up from 34 to 76 in January - April and opaque beer up from 65 in December rising to 249 in April. I have long believed in the beer index as a measure of relative income, so this is very encouraging.
By the way, two other measures for you - maize deliveries to official markets - 110 per cent in 2000 down to 5 per cent in 2008. Manufacturing output indicators down from 110 per cent in 1998 to 15 per cent in 2008.