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Dream Life in Paris

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Zimbabwe’s luxury economy: why wealth without work is not enough

The Action Democratic Movement calls on Zimbabwe to shift its national conversation from displays of private wealth to the productive investment that creates jobs, industries and lasting opportunity.

By Alice Nyamande

Zimbabwe can generate private wealth. What it cannot yet generate — in sufficient measure — is opportunity. That gap is the defining challenge of our time.

The nation’s entrepreneurial energy and natural resources are real. So is the unemployment. So is the exodus of young Zimbabweans seeking livelihoods that their own country has not provided. Luxury consumption, however spectacular, does not close that gap. Factories do. Export industries do. Commercial agriculture does. Technology and value addition do.

The Action Democratic Movement does not begrudge any individual the legitimate fruits of their enterprise. Private investment and philanthropy have genuine value. But a national economy cannot be built on the circulation of assets among the few. It is built on enterprises that manufacture, innovate and employ — on productive activity that generates income for households, not headlines.

We also note the humanitarian assistance extended to Zimbabweans caught in the migration crisis in South Africa. Compassion is commendable. Yet relief cannot substitute for an economy capable of keeping Zimbabweans home in the first place. Every returning citizen deserves not merely safety, but opportunity.

Strong institutions remain the foundation of all of this. Transparent procurement, consistent payment systems and equal treatment in government expenditure are not bureaucratic niceties — they are the conditions under which investors commit capital and businesses create jobs.

Zimbabwe’s future will not be secured by what the few display. It will be secured by what the many are enabled to build.

Our people do not need handouts. They need the economy that makes handouts unnecessary.

Posh estate entry gateAlice Nyamande President, Action Democratic Movement (ADM)

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