Mugabe must stop interfering with industry: Nyathi

President Robert Mugabe must stop interfering with the operations of British and American companies or risk further economic decline, business people here have said.

Mugabe
Mugabe

Mugabe has in the past threatened that banks like Standard Bank, Barclays Bank and other British and American companies would be grabbed under the Zanu (PF) economic empowerment programme spearheaded by Saviour Kasukuwere.

The business community has urged the president to promote international business partnerships in order to rebuild the country’s tattered industrial sector

In an interview, David Nyathi, the executive chairman of Zimbabwe Association of Industries said it was critical for the government to devise workable ways in which both the private and public sectors can work together with international companies to develop various industries.

“We should study South Africa, Botswana and Kenya and learn from their experiences,” he said.

Nyathi said Mugabe should appreciate that he had a lot to learn from other presidents in the region where the private sector participates in developing various industries.

“Obviously Zimbabwe should leverage global best practices from other countries where the principle of public private partnerships have been implemented,” he added.

“Take the example of our diamonds – Zimbabwean business people should have discussions with mining experts from countries where public and private partnerships have benefited the entire population,” he added.

He added that Mugabe and his Zanu (PF) hardliners should agree with PM Morgan Tsvangirai on the need to re-brand the country to remove the negative perceptions of the international community.

He emphasized that, whether Mugabe likes it or not, he should be committed to strengthening

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