Kasukuwere just posturing“Already Zanu (PF) is in campaign mood after they failed to sell the issue of so-called sanctions to the masses. They have brought about the indigenization law where stakeholders were not consulted, and Zanu (PF) is preparing another chaotic invasion of companies as they did with the farms,” said Mlangu.
“Stakeholders were not consulted when the law was passed and that was like putting the cart before the horse. As a ministry we are considering starting afresh altogether and Minister Kasukuwere has kept his doors open, consulting with relevant stakeholders,” said Mlangu.
There was widespread condemnation of the law that stipulates that foreign owned companies should cede 51 % of their shares to indigenous black Zimbabweans, and the ministry, according to Mlangu, does not want to repeat the land reform error that was done in a chaotic manner and only benefited a few people, most of them with links to Zanu (PF).
“We are not going repeat the land reform errors. We have learnt a lesson from history, chances are that the act will be reversed. It affects the whole country and we will look at reviewing the whole thing so that indigenisation will benefit all Zimbabweans and not just a few individuals. We are not going to stick to the racist law that scares investors that the country badly needs,” said Mlangu.
Kasukuwere has been adamant that there is no going back on the law, but Mlangu said the minister was just posturing as he was currently consulting widely with interested parties on how best to implement the legislation.
“We are totally in support of empowerment – but it should be broad-based and empower people at the grassroots. The masses should own the resources not just a few individuals,” he said.
Post published in: Opinions