Monday, June 01

Kuita Muchekadzafa I knew Mnangagwa Would Fail Says Nkosana Moyo

OPPOSITION Alliance for the People's Agenda (APA) president Nkosana Moyo said the imploding economic and political situation in the country had confirmed his long-held fears that President Emmerson Mnangagwa would be worse than his late predecessor Robert Mugabe.

Mnangagwa's administration has attracted international condemnation in recent days over an increase in human rights violations following a wave of abductions and arrests of journalists, opposition and civic rights activists.

This has seen the opposition and other stakeholders calling on Sadc to intervene to facilitate dialogue to solve the political and socio-economic crises facing the country.

Mnangagwa, however, denies there is a crisis. Moyo said Zimbabweans should expect nothing but the worst from Mnangagwa who assumed the presidency via a coup in November 2017.

"If I believed he was capable of doing the right things, I would have joined him but as a fact, I contested against him," Moyo said during the "Know Your Right" programme hosted by Bulawayo-based online Centre for Innovation and Technology (CITE).

"I never believed Mnangagwa could run this country as well as I could, but people never listened.

"Mnangagwa knows how Mugabe ran this country, because he was part of that team, that's why we should not be surprised to see what he's doing. My prediction that he would run the country differently was right because he's actually worse, not better, not the same, but worse. We are going backwards very fast."

Moyo, who launched the APA in June 2017, was one of the 23 presidential candidates who contested the disputed 2018 elections and lost to Mnangagwa.

He briefly joined Political Actors Dialogue, a dialogue platform between Mnangagwa and all presidential candidates in the 2018 general elections, but later pulled out.

  • Share:

Info News

Debt Consolidation Loans: Are They Worth It?

Debt can become overwhelming when you are juggling multiple credit cards, personal loans, medical bills, and high-interest payments. A debt consolidation loan may help simplify your finances by combining several debts into one monthly payment.

rnrn

The main goal of debt consolidation is to get a lower interest rate, reduce payment stress, and create a clearer payoff plan. Instead of making several payments to different lenders, you make one payment to one lender.

rnrn

Debt consolidation may be worth it if you qualify for a lower interest rate than what you are currently paying. This is especially helpful for credit card debt, which often has high interest rates.

rnrn

However, debt consolidation is not magic. It does not erase your debt. It only restructures it. If you continue using credit cards after consolidating, you may end up with even more debt.

rnrn

Before applying, check the loan’s interest rate, fees, repayment term, monthly payment, and total cost. A lower monthly payment may sound good, but if the loan term is much longer, you may pay more interest over time.

rnrn

Your credit score affects your options. People with strong credit usually qualify for better rates. If your credit score is low, you may receive high-interest offers that do not actually save money.

rnrn

Debt consolidation can also help your credit if you make payments on time and reduce credit card balances. But missing payments can damage your credit further.

rnrn

Other options may include credit counseling, balance transfer cards, debt management plans, or budgeting changes.

rnrn

A debt consolidation loan is worth considering if it lowers your interest, creates a realistic payoff plan, and helps you stop relying on credit cards.

rnrn

The key is discipline. Consolidation works best when you combine it with better spending habits and a serious plan to become debt-free.

rn

Credit Score Improvement: Building a Strong Financial Profile

    rn
  1. A good credit score is essential for accessing better financial opportunities, including loans, credit cards, and favorable interest rates. Lenders rely on credit reports to assess risk, making it important for individuals to maintain a strong financial profile. Many people actively search for ways to improve their credit standing.
  2. rn
rnrn

Improving credit requires consistent financial habits such as paying bills on time, reducing outstanding debt, and monitoring credit reports. Even small improvements can lead to better financial outcomes over time. A higher credit score opens the door to lower borrowing costs and increased financial flexibility.

rnrn

 

rn