| The ZIMBABWE Situation | Our
thoughts and prayers are with Zimbabwe - may peace, truth and justice prevail. |
"There is a deliberate policy shift by the government, which now wants to ensure the viability of key parastatals rather than selling them off," a Privatization Agency of Zimbabwe (PAZ) official told state media.
Air Zimbabwe, the heavily indebted airline, Zimbabwe Electricity Supply Authority (Zesa), National Railways of Zimbabwe, the National Oil Company of Zimbabwe and TelOne were named as state-owned companies that may now not be sold.
The southern African country is in the midst of its worst economic crisis since independence in 1980.
Political turmoil resulting from President Robert Mugabe's controversial land reform policy also means the sales may not have attracted foreign investors.
Strategic interest
"Concentration is now on commercializing the entities in order to turn around their fortunes without selling them because of their importance to the country," the PAZ official told state radio.
"Such strategic companies cannot be entrusted into the hands of anybody because this may compromise national security," the official said.
PAZ advises the government on privatisation of public companies and is expected to lead the commercialisation programme.
In his 2001 budget speech, former finance minister Simba Makoni said that the government would speed up privatisations to help pay-off accumulated interest on foreign debts of $488m.
Since then, the state has only sold its equity in the Cotton Company of Zimbabwe and Dairibord Zimbabwe.
Troubled
On Tuesday, a Zimbabwean parliamentary inquiry said the national airline was one of the worst international carriers and could collapse because of the economic crisis and cash shortages.
Two of Air Zimbabwe's six planes are grounded because there was no hard currency to buy spare parts, the head of the inquiry Silas Mangono told ZBC.
Mr Mangono said Air Zimbabwe, the only carrier still flying in the country, would make an operating loss of $21m this year.
China International Water and Electric Corporation has reportedly been awarded a tender to grow crops on 100,000 hectars and help ease the food shortage.
Professor Tony Hawkins at the University of Zimbabwe in Harare said President Mugabe had turned to other countries to help it alleviate some of its many problems.
Zimbabwe has signed agreements with Libya for oil, Malaysia for foreign investment and trade and now China to farm its land.
But none of the deals seem to have any long-term effect.
Desperate measures
"It's all snatching at straws," Professor Hawkins told the BBC's World Business Report.
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Professor Tony
Hawkins |
"The Libyan example with oil is classic - over time, the shortage has become more severe," he said.
The Malaysian trade agreement is highlighted in the state media every three or four months but the foreign currency position keeps getting worse.
"Obviously the Malaysian trade package is not achieving very much - if anything," he said.
Turning east
The moves are also seen as Zimbabwe trying to gain help from Asian countries at the expense of the West.
"You'll find a number of African countries that say the future in terms of trade and investment is coupled with Asia," he said.
He believes the reaction of Zimbabweans to the prospect of foreigners arriving to take over the farms will be hostile.
Zimbabwe's permanent secretary at the Ministry of Land and Agriculture did not respond to questions about the land transfer.
France wins summit 'opt out' of Mugabe
travel ban
(Filed: 12/02/2003)
Robert Mugabe, Zimbabwe's president, will be allowed to visit Paris next week for an African leaders summit, European Union governments have reluctantly agreed.
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The go-ahead was given despite an EU travel ban on the president, his wife and more than 70 members of his political circle and their families in protest at human rights abuses by Mr Mugabe's regime.
EU ambassadors meeting in Brussels renewed the ban for a year - but with a temporary "opt-out" for France so President Jacques Chirac can play host to Mr Mugabe at a Franco-African summit discussing human rights on February 19.
The UK's disapproval of the French action was marked by a formal reservation written into the accord expressing "grave concern" - a view echoed by Germany, the Netherlands and Sweden.
And, privately, many more EU governments are uncomfortable that Paris is according respectability to a man seen as an international pariah.
But, with enough European discord already on display over Iraq, the temptation to deepen rifts by taking on the French was resisted.
Another potential foreign policy row - over Portugal's bid to invite Mr Mugabe to an EU-Africa summit in Lisbon in April - was put off, with a decision due on Friday on whether to cancel the meeting altogether.
Mr Chirac insists it is better to engage with Mr Mugabe than to freeze him out - and he was worried that if the EU turned away Mr Mugabe his summit would be boycotted by other African leaders.
The dispute has soured the EU mood when rows over Iraq have already put paid to any immediate hopes of establishing a "common foreign policy" for Europe.
MDC APPLAUDS HENRY OLONGA AND ANDY FLOWER
The Movement for Democratic change salutes Henry Olonga and Andy Flower for opening up their hearts unlike some Zimbabwean sportpersons who have remained quiet.
Olonga and Flower are our heroes not only in the cricket field but they are the voices of the voiceless as they have movingly spoken about the deteriorating situation in Zimbabwe. The MDC has high respect for these brave young men who have managed to tell the world that all is not well in Zimbabwe though cricket matches are going ahead.
The hosting of the cricket World Cup in Zimbabwe is a blessing in disguise in that the international community will take note of Zanu PF atrocities. The hosting of cricket matches in Zimbabwe must be an embarrassment considering that some teams have said they will not shake Mugabe’s hand though he is the patron of Zimbabwe Cricket union.
Mugabe had been taking the Cricket for granted thinking that all the rape, torture and murder would be swept under the carpet in a day or week. We hope other Zimbabwean sportpersons will emulate these players and be brave enough to speak their minds without fear of victimisation
MDC Spokesperson
Paul Themba Nyathi