Tsvangirai dismisses Kasukuwere

Prime Minister Morgan Tsvangirai has dismissed a statement issued today by Saviour Kasukuwere the Minister of Indigenization and Youth Epowerment, which claimed that the state now considered it owned 51 percent of firms that have not complied with local ownership laws.

Morgan Tsvangirai
Morgan Tsvangirai

Tsvangirai who is the head of the government said that it is not government policy to nationalize companies.

Tsvangirai spokesperson Luke Tamborunyoka said that the government has not sanctioned the minister's actions.

"The Indigenisation and Economic Empowerment Act does not empower the Minister to unilaterally nationalise private entities and there is no reason to create panic among investors by projecting the image of a voracious government keen to grab compulsorily people's companies without compensation. It is not the policy of this Government to nationalise the mining businesses or any other business," said Tamborunyoka.

Earlier on Kasukuwere had said that, "all mining companies that have not complied … should note that 51 percent of their shareholding is now deemed to be owned by the state."

Tsvangirai who shares executive powers with President Robert Mugabe said that he will take corrective measures to correct the situation and warned that any attempts to enforce Kasukuwere directive is illegal.

"The Prime Minister would like to inform mining entities that, should anyone or any institution be it private or public, attempt to enforce Minister Kasukuwere's pronouncements, they would be doing so unlawfully and without the mandate of the Inclusive Government," said Tsvangirai who described Kasukuwere statement as creating anarchy.

Police incoherence has been one of the major handicap of the Inclusive Government with discord between Mugabe's Zanu PFand Tsvangirai's MDC-T.

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