The business people said that if Mugabe insists on interfering with the operations of British companies, it would further impact the country’s economic situation. This came out at a stakeholders meeting dubbed Exploring Zimbabwe Business Opportunities held here last week.
The meeting was organized by a local NGO, Centre for Economic Reliance.
Mugabe, addressing a gathering on the Anti Sanctions Petition in May this year, indicated that companies like Standard Bank and Zimplasts would be taken under the infamous Zanu (PF) economic empowerment programme.
In an interview, David Nyathi, who is the executive chairman of Zimbabwe Association of Industries, said it was critical for Mugabe to design workable ways in which both the private and public sectors could work with other international companies to develop various industries in the country.
“Zimbabwe should have case studies from South Africa, Botswana and Kenya to 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.
He said Mugabe should be dedicated to discussing specific projects that the public and private sectors could work together on.
Post published in: Business