VP Mnangagwa promises to review the obnoxious indigenisation laws - many have promied but not action. by W Mukori

This Zanu PF regime has been promising to revise its obnoxious indigenisation laws for the last two years but has never followed this up with decisive action; VP Mnangagwa is the latest to promise to make the latest promise.

"We are competing for capital with the rest of the world and capital will go where it feels more comfortable so we need to create an environment where capital will find comfort in Zimbabwe," Mnangagwa said.

"Zimbabwe is determined to rout and eradicate the scourge of corruption, a cancer that threatens peace and development in our society," he continued addressing another problem area.  

 

The damage this ill-advised indigenisation law has done since its passing in 2008 is there for all to see. Zimbabwe has been starved of new investment; a major factor so many companies closing and no new companies opening up and sending unemployment soaring to 90% plus. Millions of our people are now living in abject poverty; they are so poor they cannot even afford a single decent meal a day. 

 

Where poverty and hunger have made it their home; disease and death are never far behind. Zimbabweans are dying like game caught in a devastating drought.  This is a man-made disaster and those responsible for it have dragged their feet in putting thing right. It is now 8 long years since this obnoxious indigenisation laws were enacted and still this Zanu PF regime is still talking of “creating an environment where capital will find comfortable” when they should have scrapped the law a long, long time ago.

 

Three and half decades of rampant corruption have crippled the country’s economy and yet the regime still talks of “Zimbabwe is determined to rout and eradicate the scourge of corruption”!

 

VP Mnangagwa can say what he pleases the obnoxious indigenisation laws will probably be here for many, many more years to come, as long as we have no regime change. Mugabe has made the obnoxious laws his personal legacy and appointed one minister after another to promote the laws. Minister Zhawao, the current minister to hold the indigenisation portfolio has vowed to implement the obnoxious laws and even threated to have the ministers opposing him fired.

 

The truth is we are stuck with corruption and unworkable laws that are scarring away new investors. Zimbabwe is a de facto one-party dictatorship and we are stuck with this regime and its failed policies because without free and fair elections we will never change the regime!

 

The need for Zimbabwe to go back to the 2008 GPA and implement all the reforms agreed there in is now more urgent than ever because it is only by implementing the reforms that we can hope to have free and fair elections. We, or rather MDC, should have implemented the reforms during the GNU; it will not be easy to get them implemented now be that as it is we still must implement them a.s.a.p.