MDC wants firm seizure regulations scrapped

tsvangirai_sumitHARARE -- A showdown is looming between Zanu (PF) and the MDC led by Morgan Tsvangirai, over the passing of a controversial bill that requires all foreign investors to cede 51 percent of their investment to indigenous people. (Pictured: Prime Minister Morgan Tsvangirai On a camp

According to the gazette, the Indigenisation and Economic Empowerment is meant to benefit indigenous Zimbabweans who were disadvantaged before independence in 1980. But economists and the business community have castigated the move saying, like the shambolic land reform programme, the regulation will scare away much needed investors.

In a strongly worded statement issued last Thursday, the MDC called upon the inclusive government to reverse all such destructive policies and withdraw the gazette in the national interest.

The MDC did not mention how they are going to apply pressure to Zanu (PF) to do this. Ever since the inclusive government was formed in February last year Zanu (PF) has largely gotten away with making controversial decisions, in spite of the MDC constantly complaining about the former ruling party making unilateral decisions.

The Indigenisation bill was passed by the previous Parliament in 2008, when the former Zanu (PF) government had a majority. The MDC described the regulation as a unilateral Zanu (PF) Bill which was clandestinely gazetted last week, in an attempt to undermine the country, which is in desperate need of investment.

Minister Saviour Kasukuwere, whose Ministry is yet to explain how it illegally foisted 13 000 Zanu (PF) youths on the government payroll, has decided to railroad controversial, anti-investment regulations without the knowledge of Cabinet and the Head of Government, the Prime Minister, read the statement.

Zanu (PF) simply wants to create a new arena for looting and abuse. The so-called indigenous people who are set to benefit from this criminal Bill are not the ordinary man and woman, but the well-connected elite and the Zanu (PF) chefs. We were not able to reach Minister Kasukuwere for comment.

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