Lifting of ZC suspension on the 8th

Participate in discussion with your fellow Zimbabwe cricket fans!
Post Reply
Googly
Posts: 14197
Joined: Thu Feb 07, 2013 5:48 pm

Lifting of ZC suspension on the 8th

Post by Googly »

Where are we with this? Have we been cleared?

chesterton
Posts: 104
Joined: Sun Sep 08, 2019 8:40 pm

Re: Lifting of ZC suspension on the 8th

Post by chesterton »

Some of the ZC agents on this board could surely fill us in?

sloandog
Posts: 9843
Joined: Wed Aug 26, 2009 11:28 am
Supports: MidWest Rhinos
Location: Manchester UK

Re: Lifting of ZC suspension on the 8th

Post by sloandog »

Had a meeting with Givemore the other day, looks to be going along nicely.
Nick Singo sends his regards

chesterton
Posts: 104
Joined: Sun Sep 08, 2019 8:40 pm

Re: Lifting of ZC suspension on the 8th

Post by chesterton »

sloandog wrote:
Wed Oct 09, 2019 3:25 pm
Had a meeting with Givemore the other day, looks to be going along nicely.
Nick Singo sends his regards
shakeee.jpg
shakeee.jpg (107.08 KiB) Viewed 2810 times

User avatar
zimbos_05
Posts: 3057
Joined: Wed Feb 08, 2012 6:00 am

Re: Lifting of ZC suspension on the 8th

Post by zimbos_05 »

sloandog wrote:
Wed Oct 09, 2019 3:25 pm
Had a meeting with Givemore the other day, looks to be going along nicely.
Nick Singo sends his regards
Can i give the bank clearance to move the funds or do you want me to hold off a bit?

Mr Twig
Posts: 1657
Joined: Fri Jun 19, 2015 2:43 pm

Re: Lifting of ZC suspension on the 8th

Post by Mr Twig »

8th was the deadline

ICC meeting is on the 14th so we'll find out after Monday

Googly
Posts: 14197
Joined: Thu Feb 07, 2013 5:48 pm

Re: Lifting of ZC suspension on the 8th

Post by Googly »

Do you think it’s a foregone conclusion that the suspension will be lifted?
I’m fairly certain that there must have been ongoing discussions between ZC and SRC which are now not being leaked. Unless I’ve missed something SRC made ZC agree to that oversight committee which they will have fought against tooth and nail.
Our outstanding debt to Metbank of plus minus $20m legally must be repaid in local currency. The rate is 20:1 give or take. $1m squashes it and frees up $19 million usd over the next 4 years. It’s a no brainer.
Why does the current ZC not use those tactics if it was “legacy” debt?
We’re about to get a new currency and God knows what rate these zanu thieves are going to attempt to peg it at.
The time to act is now if of course ZC are acting in our interests and not Metbank’s :lol:

Googly
Posts: 14197
Joined: Thu Feb 07, 2013 5:48 pm

Re: Lifting of ZC suspension on the 8th

Post by Googly »

SRC should be making noise about this. Their silence is ominously like they have capitulated or lost interest.
With our new electricity tariffs, unless people are earning foreign currency, and they’re not allowed to, the average household can afford only a few days of electricity a month, and don’t forget that’s at night between 10.30pm and 4am because there is no electricity offered in most areas at other times. The fuel hikes mean even a tank of fuel is now beyond the reach of a lot of people. Zimbabwe has literally ground to a halt.

Googly
Posts: 14197
Joined: Thu Feb 07, 2013 5:48 pm

Re: Lifting of ZC suspension on the 8th

Post by Googly »

Let’s me reiterate- legally loans cannot be repaid in foreign currency. The time to squash that debt at a fraction of the cost is now. If ZC don’t act now then there’s proof (as if we needed it) that they act in their own interests.

Googly
Posts: 14197
Joined: Thu Feb 07, 2013 5:48 pm

Re: Lifting of ZC suspension on the 8th

Post by Googly »

Encore- how’s your Proteas team doing in India? :lol:
Are you going to deny you had a hand in it or do you only select the good players?

Post Reply