Another round of looting

Indigenisation Minister Saviour Kasukuwere on Wednesday, a mere 24 hours before Prime Minister Morgan Tsvangirai announced the Medium Term Plan, told ZBC television that the government (read Zanu (PF)) would seize mines that failed to sell/give a majority stake to local blacks by September.

Saviour Kasukuwere
Saviour Kasukuwere

We wonder why he really bothered telling us this. We knew from day one that the so-called economic indigenisation programme was nothing but an excuse to extend to industry the same chaos that destroyed agriculture with so many painful consequences for us all.

"What we are now doing is basically to invoke the law and ensure that we, as government … take over those assets if they are not prepared to compromise with the position of government (to surrender 51 percent shareholding to Zanu (PF) and its allies in the military)," Kasukuwere said.

In other words the merchants of poverty and hunger have shifted their focus to the only remaining viable sector of the economy – mining. It seems they are not content with reducing, through their land reforms, a country that was once a net food exporter to a nation of paupers dependent on food handouts from international relief agencies.

We have said it before, and we repeat: We will be the first to call upon the nation to rally behind any economic empowerment plan designed to place control of the economy in the hands of Zimbabweans. This is as it should be.

But we cannot stand idly by while Zanu (PF) prepares to launch yet another round of looting and common theft disguised as economic empowerment.

Zanu (PF)’s indigenisation programme is nothing but a ploy to forcibly seize thriving businesses built by others and place them in the hands of the party’s supporters and sympathisers, especially those in the military and security establishment, as a reward for their continuing support.

Either we must act to stop this injustice or we, as a people, must plead guilty to complicity in theft and plunder.

Post published in: Editor: Wilf Mbanga

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