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Economic
decline
Media Monitoring Project Zimbabwe (MMPZ)
Extracted from Weekly Media Update
2008-4
Monday January 28th – Sunday February 3rd 2008
The government media did nothing to enlighten
the nation about the country’s evident plague of economic problems
although they devoted 112 piecemeal stories to the topic: ZBC [24]
and official papers [88]. This was illustrated by their absurdly
reluctant coverage of the Reserve Bank’s monetary
policy statement. The official papers restricted themselves
to reproducing the statement as a supplement rather than interpreting
its contents (The Herald and Chronicle 2/2), while ZBC suppressed
it. For example, ZTV (1/2, 8pm) only reported it in the context
of the Zimbabwe National Chamber of Commerce president, Marah Hativagone,
saying "effective stakeholder participation and
commitment" was key to the "success
of the current turn-around initiatives".
Consequently, there was a blackout on
any analysis of the Bank’s plans to tackle Zimbabwe’s myriad economic
problems, among them hyperinflation, dwindling production and decaying
infrastructure.
The official media did not even query
the secrecy surrounding the announcement of the statement, with
The Herald and Chronicle (2/2) passively quoting
RBZ governor Gideon Gono vaguely arguing that his statement was
issued without the usual fanfare "for strategic
reasons while we prepare for a comprehensive post-election policy
programme". No effort was made to investigate
why such an urgent issue should be sidelined by an election – or
indeed, why it shouldn’t have been used as a campaign platform for
the ruling party. In fact, The Herald (1/2) only reported
that the cheque limit had been raised to $10 billion but did not,
for example, query where government had "mobilised"
US$142 million for food imports nor notice the backdoor
devaluation of the Zimbabwe dollar by increasing the gold support
price at $6m to US$1. The same passive coverage characterised the
government media’s coverage of other indicators of decline.
The failure by the official media to
provide analysis of the economic crisis mainly stemmed from its
over-reliance on official statements as exemplified by the government
papers’ sourcing pattern. (See Fig 1).
Fig 1: Voice distribution in the government
Press
| Govt |
Business |
Alternative |
Local
Govt |
Ordinary
People |
Foreign |
Unnamed |
| 39 |
5 |
5 |
2 |
2 |
2 |
4 |
The private
papers provided a better insight of the economic decline, highlighting
Gono’s salient points on the economy. For example, The Zimbabwe
Independent (1/2) highlighted Gono’s revelation that the economy
had contracted by a further six percent and interpreted his criticism
of the Central Statistics Office’s failure to release inflation
figures, saying this had resulted in "distorted guesses"
in the market, as an indirect attack on Finance Minister Samuel
Mumbengegwi, who has prohibited the CSO from releasing the figures
since last September. The paper also made a comparative analysis
of Mumbengegwi’s positive forecasts for the economy and Gono’s statistics
revealing a decline in production across all sectors. All the private
media updated their readers on the latest national power outage,
deepening labour discontent, the continued banking crisis, water
cuts and the deteriorating services in hospitals among others. The
critical manner in which the private Press handled the topic is
mirrored by their wide use of alternative opinion to question government
policies (Fig 2 and 3).
Fig 2: Voice
distribution in the private electronic media
| Govt |
Business |
Alternative |
Ordinary
People |
Foreign |
| 10 |
6 |
5 |
5 |
3 |
Fig 6: Voice distribution in the private
papers
| Govt |
Business |
Alternative |
MDC |
Ordinary
people |
Unamed
|
| 20 |
4 |
16 |
1 |
3 |
4 |
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