http://www.zimeye.org/?p=10604
By Moses Muchemwa
Published: November
21, 2009
Harare – Negotiators in the shaky inclusive
government are set to meet on
Monday after they failed to meet the 15-day
deadline as ordered by the Sadc
troika to resolve outstanding
issues.
The SADC Organ on Politics, Defence and Security Cooperation
instructed that
discussions be held within 15 days to solve issues raised by
the three
parties. The talks are not supposed to exceed 30 days from 5
November, the
day the troika met in Maputo, Mozambique.
The
secretary-general of the splinter group of the MDC, Professor Welshman
Ncube
confirmed that the negotiators would meet Monday, while some other
informal
sources quoted by the Chinese Xinhua agency were claiming that the
meeting
would commence as early as Sunday.
MDC-T spokesperson Nelson Chamisa also
concurred that Monday had been set as
the provisional date for the
meeting.
“We had asked (Patrick) Chinamasa to coordinate (the meeting)
and he agreed
to consult others (negotiators). He came to me on Friday and
indicated that
we were not able to meet until Monday,” said Professor
Ncube.
Chinamasa told Prof Ncube that some of the negotiators were not
available
hence the deferment.
“Monday has been set as the
provisional date for the meeting,” said Chamisa.
MDC-T wants
treasurer-general Roy Bennett sworn in as Deputy Minister of
Agriculture,
Mechanisation and Irrigation Development and the reversal of
the
appointments of the Reserve Bank of Zimbabwe Governor Gideon Gono and
Attorney-General Johannes Tomana.
The MDC-T also wants the provincial
governors to be appointed.
http://www.iol.co.za/
November 22 2009 at
11:48AM
By Stanley Gama
President Jacob Zuma
is preparing to intervene urgently in Zimbabwe as
his advisers express
impatience with Zimbabwean leaders for failing to meet
to resolve their
differences.
Regional leaders at summit in Maputo on November 5
gave the
Zimbabweans 15 to 30 days to sort out their
differences.
But 17 days later, the Zimbabwean leaders have not yet
met.
Zuma's international relations adviser, Lindiwe Zulu, said
yesterday
the delay was worrying and this had forced the Presidency to speed
up its
facilitation role.
"We have been engaging with the
people of Zimbabwe since the Maputo
summit and we cannot afford to miss the
deadline set by SADC," she said.
"The negotiators have to be
serious with the deadline they were given
and we hope to push them to
meet.
"The facilitator (Zuma) wants the process speeded up because
this
issue has been dragging on for a long time.
"People from
this side have been travelling to Zimbabwe to meet the
political leaders and
we have no option except to push for an agreement."
Zuma was
expected to travel to Harare on December 6 to assess the
negotiations.
But reports from Pretoria suggest that he might
go earlier if the
political leaders in Zimbabwe continue to drag their feet
on negotiations.
Regional leaders of the Southern African Development
Community (SADC) held a
summit in Maputo on November 5 to discuss the
continuing failure of the
Zimbabwean leaders to resolve their
differences.
This was after Prime Minister Morgan Tsvangirai,
leader of the main
faction of the Movement for Democratic Change (MDC),
partially pulled out of
the unity government to protest against President
Robert Mugabe's failure to
implement agreements.
These included
his refusal to appoint MDC officials to senior
government posts and Mugabe's
demand that the MDC do more to persuade
Western countries to lift sanctions
against senior Zanu-PF figures.
The leaders, including Zuma, gave
the Zimbabweans 15 days to resolve
their differences with a further 15 days'
grace before SADC intervened.
But the Zimbabwean parties have not
met because the negotiators of the
smaller MDC faction led by deputy prime
minister Arthur Mutambara have been
overseas for the past two
weeks.
MDC-Mutambara negotiators Professor Welshman Ncube and
Priscilla
Misihairabwi-Mushonga were also said to be out of the
country.
MDC-Tsvangirai negotiator and finance minister Tendai Biti
said in
Harare yesterday that they were still waiting to hear from Ncube and
Misihairabwi-Mushonga before they could resume negotiations.
"I
am not sure when the negotiators who are said to be out of the
country will
avail themselves for the negotiations.
"We have not heard from them
but I am confident the meeting will be
held and we will be able to meet the
deadline.
"Even if it means we have to work through the night when
they avail
themselves, then we have to do it. There is no going back on the
implementation of the Global Political Agreement (GPA)," said Biti,
referring to the agreement which created the unity government.
However Misihairabwi-Mushonga said they were back in Zimbabwe,
although she
refused to comment further.
"You can only speak to Professor Ncube,
but we are back in the
country," she said yesterday.
Ncube
could not be reached for comment. Tsvangirai's MDC was bitter
about what it
described as a deliberate ploy to delay the implementation
process.
It suspects that there is some connivance between the
Mutambara
faction and Zanu-PF to delay the implementation
process.
"The deadline set by the SADC troika for the resolution of
outstanding
issues has once again been missed because of the intransigence,
mischief and
insincerity exhibited by the political players who are not
taking the plight
of the people of Zimbabwe seriously," said Tsvangirai's
MDC in a statement.
"For two weeks, Zimbabweans have waited in vain
for the political
gridlock to be unlocked.
"We note with
concern that the body language from both Zanu-PF and the
Mutambara-led
political outfit does not show sincerity and faithfulness to
resolving the
outstanding issues.
"The MDC expects urgent resolution of issues
that have stalled the
work of the inclusive government.
"We
expect that all parties, especially those that have chosen to
ignore the
important time-frames, targets and deadlines set by SADC, should
urgently
meet and clear the deck of the outstanding issues that have
poisoned the
people's collective journey of hope spawned by the formation of
the
inclusive government in February 2009."
Nine months into the
inclusive government, the MDC is complaining that
Mugabe has still not
appointed party members as provincial governors or to
one of the key
positions of attorney-general or Reserve Bank governor.
The MDC
also complains about Mugabe's refusal to appoint MDC deputy
minister of
agriculture-designate Roy Bennett, the slow progress in the
constitution-making process and the continued harassment of MDC supporters
and officials.
Apart from sanctions, Mugabe wants the MDC to
stop foreign radio
stations like the Voice of America broadcasting in
Zimbabwe. - Independent
Foreign Service
This
article was originally published on page 2 of Sunday Independent
on November
22, 2009
http://www.zimonline.co.za/
by
Simplicicious Chirinda Monday 23 November 2009
HARARE - A
special parliamentary committee leading Zimbabwe's constitutional
reform
process has postponed to next week deployment of outreach teams to
consult
citizens on the proposed new constitution after the programme failed
to
kick-start as scheduled.
One of the committee's co-chairpersons, Paul
Mangwana from President Robert
Mugabe's ZANU PF party, said at the weekend
that deployment of outreach
teams to gather people's views and ideas they
want included in the new
constitution that was scheduled for last week was
put on hold to allow for
other parliamentary business to be
completed.
"There are other pressing parliamentary business processes
that we are
participating in such as the national budget consultations. We
are also
working on logistical arrangements such as the training of the
thematic
committees and the outreach teams," said Mangwana.
Mangwana
said the deployment will now start this week.
"The deployment will start
on November 29," said Mangwana.
The committee's work had over the past
two months stalled due to a lack of
funds but the government is understood
to have released US$3,5 million to be
used to kick-start the outreach
programmes.
In addition to funding shortages, sharp differences have also
emerged
between the political parties over the writing of the new
constitution that
threaten to derail the reform process.
ZANU PF has
said any new constitution should be based on a draft
constitution secretly
authored by the main political parties on Lake Kariba
and known as the
Kariba Draft.
However, civic organisations and the MDC led by Prime
Minister Morgan
Tsvangirai are opposed to it, saying the document leaves
largely untouched
the wide-sweeping powers that Mugabe continues to enjoy
even after formation
of a power-sharing government with Tsvangirai and
Deputy Premier Arthur
Mutambara.
Under last year's power-sharing deal
the country is supposed to have a new
constitution in the next two years to
pave way for new elections.
The draft constitution will be put before the
electorate in a referendum
expected in July next year and if approved by
Zimbabweans will then be
brought before Parliament for
enactment.
Once a new constitution is in place, the power-sharing
government is
expected to call fresh parliamentary, presidential and local
government
elections.
Zimbabweans hope a new constitution will
guarantee basic freedoms,
strengthen Parliament and limit the President's
immense powers. - ZimOnline
November 23, 2009
Prime Minister Morgan Tsvangirai received with full
military honours in Tripoli
By Our Correspondent HARARE – Prime Minister Morgan Tsvangirai arrived to
a warm welcome in the Libyan capital, Tripoli where he was the guest of
strongman Col Muammar Gaddafi. Tsvangirai departed from
Harare on Thursday en route FIRST to Morocco where he said he intended to
discuss “areas of co-operation” with officials. He then proceeded to Tripoli
where he said he planned to brief Gaddafi, who is the current chairman of the
African Union, on the latest situation pertaining to the Zimbabwe unity
government. “I am taking the opportunity of being in the region
to meet the chairman of the AU about the developments in the country and what
progress we are making,” Tsvangirai told journalists at Harare’s International
Airport moments before he boarded his flight. Tsvangirai said he had been invited to Tripoli by
Gaddafi, a long time ally of President Mugabe. The Prime Minister was met on arrival in Tripoli by
his counterpar, the Libyan Prime Minister, Baghdadi Ali al-Mahmudi. “Prime Minister Tsvangirai was met with full military
honours,” James Madidadi said in a dispatch to The Zimbabwe Times from Tripoli
Sunday. “ “He took the salute from members of the army, the
airforce, the navy and the police. He will meet the Prime Minister at the PM’s
offices in Tripoli.” Tsvangirai said on departure from Harare that
negotiators representing his Movement for Democratic Change party were meeting
with representatives of President Mugabe’s Zanu-PF party in a bid to resolve
disputes within the power-sharing agreement. “The whole urgency of the matter is to try and rescue
the credibility of the inclusive government,” Tsvangirai said.
http://www.thezimbabwean.co.uk
Written by Student Solidarity
Trust
Sunday, 22 November 2009 17:02
The now infamous Bikita
court case has finally been discharged. The
freed leaders are Madock
Chivasa ,Farirayi Mageza ,Simbai Chivasa, Hillary
Zhou, C.Mhofu Tapiwa
Mushati and Dickson Chemvumba. The seven were arrested
on the 28th of March
2008 on the eve of the controversial March 29
harmonized elections for
undermining police authority. The seven have been
appearing in court on
routine remand from the time of arrest up until the
18th of November 2009
when the court finally discharged their case. The
arbitrary arrests and the
long, expensive and painful experiences to get a
verdict is evidence of the
gross human rights violations prevalent in
Zimbabwe. The 7 spent more than a
year commuting from Harare to Bikita for
routine court hearings that yielded
nothing. This case is one of many where
poor students are forced to put
their lives on hold while they are harassed
and held at ransom by court
cases that never reach a verdict in a reasonable
time, meanwhile, time and
resources are wasted as in most cases students
will not be re admitted into
Colleges without court clearance.
http://www.ft.com
By Michael Holman in London and William Wallis in
Accra
Published: November 23 2009 02:00 | Last updated: November 23 2009
02:00
Commonwealth leaders gathering in Trinidad for Friday's summit have
surrendered their "moral leadership" by failing to act on the crisis in
Zimbabwe, according to a report published today.
It also accuses the
Commonwealth of ignoring conflicts between member
states, backtracking on a
pledge to encourage democratic principles set out
at a summit in Harare,
Zimbabwe, in 1991, and of failing to defend good
government.
The
53-member organisation, linked by past colonial ties to Britain, has
been
criticised in the past, but the 110-page analysis is expected to make a
significant impact in Trinidad.
Although commissioned by the
Commonwealth Policy Studies Unit and Electoral
Reform International
Services, both based in London, the report will have
the status of an
in-house document. It was partly funded by the Commonwealth
itself and
represents the most thorough and trenchant review of the
organisation in its
history.
It was conducted with the co-operation of staff at the London
secretariat,
and written by three experts whose findings have been endorsed
by Amartya
Sen, the Nobel prize-winner for economics.
"It is time to
move from affirmation [of the Harare principles] to full
implementation,"
Prof Sen writes in a forward.
It proposes regular, obligatory democracy
"health checks" among other
reforms. "Every member country should be
required to submit an annual or
bi-annual report on the state of its
compliance with the Harare declaration,
drawn up in consultation with civil
society, prepared by a small group of
academics appointed in consultation
with the Commonwealth secretariat."
The authors also suggest Commonwealth
observer missions be given the right
to monitor member state elections, a
process that currently requires a
formal invitation from the host
government.
They call for the strengthening of the mandate of the
Commonwealth
ministerial action group.
CMAG, which was intended to be
the cutting edge of policy formulation and
implementation, is singled out
for criticism. "The failure to take any
initiative on Zimbabwe . . .
undermined the Commonwealth claim to moral
leadership," the report
says.
It cites "a number of conflicts" where the Commonwealth has failed
to
respond. Sri Lanka and Bangladesh are the "most egregious" and Kashmir
"is
always studiously avoided, as was the UK's trouble in Northern Ireland",
it
says.
"The involvement of Namibia, South Africa, Uganda and
Zimbabwe in the
Democratic Republic of Congo tragedy would seem to merit
attention - even
more so if and when Rwanda is accepted as a
member."
Rwanda's application for membership is due to be considered at
the summit.
Is it time to campaign for targeted sanctions against some MDC leaders? The question was discussed at the Vigil with some animation on the day President Zuma of South Africa was supposed to visit Harare to discuss progress towards implementing the GPA. Trouble is there hasn’t been any.
The SADC Troika, meeting in Maputo on 5th November, agreed on the urgency of the matter and ordered that talks between the three parties should be under way by 21st November and wrapped up by 6th December. Needless to say nothing has happened. Zimbabweans may be dying but there is Christmas shopping to be done.
While the other negotiators kicked their heels, the two MDC-Mutambara representatives, Welshman Ncube and Priscilla Misihairabwi-Mushonga, made sure they were away on an all expenses paid trip overseas, apparently a ministerial meeting in Europe of the World Trade Organisation. Big deal.
Their intention was clear: delay these SADC talks as long as possible if we still want a job and travel perks. That’s why many members of the Vigil favoured extending targeted sanctions against these non-negotiators so that they will be forced to stay at home and do what they are paid to do.
The Vigil appeals to President Zuma to force these self-serving obstructionists to comply with the SADC plan for the liberation of Zimbabwe by early elections. Mr Zuma knows what is at stake – even if Welshman and his pals have their snouts buried in the trough.
As an incentive, the Vigil wishes to notify Mr Zuma that Vigil supporters will be encouraging him onwards every step of the way during his state visit to the UK next year. We are grateful that he has cast aside the discredited Mbeki policies and we will try to make sure that his visit gets maximum publicity for the Zimbabwe cause.
The Vigil was pleased at the publicity given to our petition calling for sanctions against SADC. As you may have seen from our website it was even covered by the Nyasa Times (Malawi). The years we have spent targeting SADC seem to be paying off.
While the Vigil was taking place, one of our supporters Kudaushe Matimba, formerly of the Bundu Boys, was featured on BBC Radio 3’s programme ‘World Routes’ talking about Zimbabwean music and playing his mbira. You can listen to the programme (for the next seven days) via this link: http://www.bbc.co.uk/programmes/b00nyf0w. Strongly recommended.
A welcome visitor was Caroline Elliott from Scotland Yard who is part of the Metropolitan Police’s Communities Together Strategic Engagement Team with special responsibility for African communities in London. Her job is to help inform them about their rights. For more information, check the Safer Neighbourhoods Website: http://www.met.police.uk/saferneighbourhoods/. There are Safer Neighbourhood teams for all over London and they deal with all kind of concerns. On the front page of the website there is a red box where people can put in their postcodes – it will then give them contact details for their local team. In an email sent after the Vigil, Caroline said “It was great to meet with the people I have read so much about over the past months. And thank you for the warm welcome - as police officers we are not always welcomed so kindly!” We can’t imagine the Zimbabwe police operating like this!
We had a surprisingly big turnout on a very sodden day. We were huddled tightly under our tarpaulin while the rain poured down. It was so wet we were unable to form our usual big circle at the end of the Vigil to sing the national anthem.
For latest Vigil pictures check:
http://www.flickr.com/photos/zimbabwevigil/.
FOR THE RECORD: 197 signed the register.
EVENTS AND NOTICES:
· ROHR Liverpool Demonstration. Saturday 28th November from 2 – 5 pm. Venue: Liverpool City Centre, Church Street (outside Primark). Contact: Desire Chimuka 07917733711, Anywhere Mungoyo 07939913688, Patrick Kushonga 07900857605, Trywell Migeri 07956083758. Future Demonstrations: Saturdays 12th, 19th and 26th December. Same time and venue.
· ROHR Chelmsford general meeting. Saturday 28th November from 2 – 6 pm. Venue: 3 Stars, Trent Road, Chelmsford CM1 2LQ. Present: Amnesty International, Chelmsford Mayor, Chelmsford MP and ROHR Executive. Contact: R Mafigo 07944815190, Billy Machekano 07765459538, Martha A Magwaza 07748644911, Tendai Gwanzura 07772192679, Fungai Muzambi 07961635917 or P Mapfumo 07915926323 / 07932216070
· ROHR Brighton to participate in World AIDS Day event. Saturday 28th November from 11 am – 6 pm. They have been invited to cook food and take part with other organisations and have been given a stall to advertise ROHR. Venue: Brighthelm Church and Community Centre, North Road, Brighton BN1 1YD. Free food, drama and lots of entertainment. Contact: Sinikiwe Dube 07824668763, Wellington Mamvura 07949595506.
· ROHR Woking general meeting. Saturday 28th November from 2 – 5 pm. Venue: 11 Raveswood Court, Hillview Road, Woking GU22 7NR. Contact: Isacc Mudzamiri 07774044873 or Sithokozile Hlokana 07886203113.
· ROHR Christmas party. Saturday 5th December, time tba. Venue: Coronation Hall, Stoke Road, Water Eaton, Bletchley, Milton Keynes, MK2 3AB. Stations: Bletchley (nearest) or Central Milton Keynes. Use Bus 5 from both stations. Parking: additional parking is available in the Veterinary Practice next door and on the gravelled area to the front of the Practice building. Further parking is available in the Plough Public House approx 100metres from the hall. Please do not obstruct the public footpath or highway or hamper access to the neighbouring properties. Contact: Martha Jiya 07727016098, Pamela Dunduru 07958386718, Jemias V Mujeyi 07534034594, Rodah Kulhengisa 07983057533 or P Mapfumo 07915926323/07932216070
· ROHR Brighton general meeting. Saturday 12th December from 1 – 4 pm. Venue: Community Base, 113 Queens Road, Brighton BN1 3XG. Rohr executives present and a well known lawyer. Substantive committee to be elected. Contact Sinikiwe Dube 07824668763, Wellington Mamvura 07949595506 or P Mapfumo 07915926323/07932216070.
· Zimbabwe Association’s Women’s Weekly Drop-in Centre. Fridays 10.30 am – 4 pm. Venue: The Fire Station Community and ICT Centre, 84 Mayton Street, London N7 6QT, Tel: 020 7607 9764. Nearest underground: Finsbury Park. For more information contact the Zimbabwe Association 020 7549 0355 (open Tuesdays and Thursdays).
· Strategic Internship for Zimbabweans organised by Citizens for Sanctuary which is trying to secure work placements for qualified Zimbabweans with refugee status or asylum seekers. For information: http://www.citizensforsanctuary.org.uk/pages/Strategic.html or contact: zimbabweinternship@cof.org.uk.
· Vote for Betty Makoni of Girl Child Network as one of CNN’s top ten heroes of 2009 via this link: http://edition.cnn.com/SPECIALS/cnn.heroes/.
Vigil Co-ordinators
The Vigil, outside the Zimbabwe Embassy, 429 Strand, London, takes place every Saturday from 14.00 to 18.00 to protest against gross violations of human rights in Zimbabwe. The Vigil which started in October 2002 will continue until internationally-monitored, free and fair elections are held in Zimbabwe. http://www.zimvigil.co.uk.
http://www.radiovop.com
Harare, November 21, 2009 - The Attorney General
(AG)'s Office has
promoted Andrew Kumire, the disgraced prosecutor who
recently evaded
serving time in jail after he was sentenced to five days in
prison for
contempt of court.
Kumire, who was the area
prosecutor for Chitungwiza, has now been
promoted to area public prosecutor
for Harare Province, meaning all
prosecutors at Rotten Row, Mbare and
Chitungwiza Magistrates Court will now
report him.
Kumire is
taking over from Jonathan Murombedzi who has been
transferred to
Marondera.
Last month Kumire evaded serving time in jail after he
was convicted
of contempt of court and sentenced to five days in prison by
Harare
Magistrate Chiwoniso Mutongi.
Kumire who was prosecuting
in the trial of prominent human rights
lawyer Alec Muchadehama who is
accused of facilitating the release on bail
of three people accused of
terrorism in collusion with Constance Gambara,
the Clerk of High Court Judge
Justice, Chinembiri Bhunu was convicted after
a ruling was made against him
and he banged his hand on the desk and clicked
his tongue in disapproval at
the ruling by Mutongi.
He stormed out of the court after
Mutongi had told her he should get
in prison for five days for his
behaviour. He drove off the court yard only
to come back later in the
afternoon and was given USD 30 bail by another
magistrate. The matter was
heard again on another day and the magistrate
upheld a judgement by Mutongi,
saying the prosecutor had to serve his time
in jail. However he never went
into jail but instead got a promotion.
Mutongi, one of the few
women magistrates in Zimbabwe, has since
resigned from the bench citing
interference, harassment, and abuse by the
prosecuting
authority.
http://www.radiovop.com
Mvurwi, November 22, 2009 - Zanu PF
politicians from Mashonaland
Central Province have banned a civic society
constitutional educational
campaign concert that was slated for this weekend
despite the event having
been cleared by the police.
Artists for Democracy in Zimbabwe Trust (ADZT) national coordinator
Felix
Machiridza told RadioVOP: "On Monday we approached the Mvurwi Rural
District
Council and they told us that we could go ahead with the concert
but when I
returned there on Friday they gave me an excuse that we could not
proceed
because there was a provincial netball tournament," said Machiridza.
He
said he told them that they were prepared to move the concert to
Sunday that
is when he was told to go and get further clearance from
the chief
executive officer of the Concession Rural District Council.
"When we
got to Concession the CEO openly told us that his hands were
tied and he
then referred us to the Provincial Administrator Sylvester
Marumahoko. The
PA said he had no authority to clear public events in the
province but only
the provincial governor (Martin Dinha) had that power," he
said.
Machiridza said he then asked for the governor's number
but the PA
refused to give him the contact details.
He was openly
told this was a politically challenged province and
political events had to
be cleared by the superiors.
"After I returned back to Harare, I got
the number and phoned him but
Dinha was not available," added
Machiridza.
As a result of the deliberate attempts to block the
concert, ADZT
moved it to Chinhoyi.
"We didn't have any problems
with the Chinhoyi authorities. It took us
less than 30 minutes to get the
police clearance and the Chinhoyi.
ADZT in conjuction with other civic
society organizations that support
the writing of the new constitution using
the Parliament led process, such
as Zimrights and the Crisis in Zimbabwe
Coalition have held more than 20
concerts around the country.
The
last one was in Marondera's Rudhaka Stadium where known musicians
like
Josphat Somanje, Raymond Majongwe, Maddiz, Snipper and the Mambokadzi
Dancing Group participated.
http://www.zimonline.co.za/
by Mutumwa Mawere Monday
23 November 2009
OPINION: Often in the quietness of our time
it is not unusual to assume that
our universe represents the entire body of
knowledge that exists and is
relevant on any subject matter.
Many of
us interact with companies without pausing to appreciate the
instrumentality
of such entities in the enterprise of human development and
civilisation.
When I observed that: "The real owners of a business,
therefore, is the
customer and yet many look at shareholders as the true
owners. If a company,
earns for instance, US$1 million profit the profit
does not belong to the
shareholders but to the company . . . Shareholders
are only entitled to
income that the company does not need to grow," in my
first article in this
series http://www.mmawere.com/article/286
I was acutely conscious that this
statement would attract attention and
reaction.
As we continue the conversation on what kind of Africa we want
to see, I
believe that it is important that we attempt to reason together to
better
understand the relationship between a company, shareholders,
directors and
employees.
Equally we must and should understand the
relationship between the state,
citizens and state actors if we are to
change the direction of Africa's
development.
I was not surprised
that in response to my earlier article the Oracle from
Utopia found the
general thrust of my article interesting but disagreed with
the above
proposition.
He rightly observed that the whole idea behind any business
run on anything
other than humanitarian and socialist lines is to make a
profit that belongs
ultimately to shareholders who are the owners of a
business on account of
the fact that that it is their capital that brings
the business into
existence.
What is a company? A company is a
juristic person or a legal fiction. It
cannot act but it is individuals who
act on its behalf.
It expresses itself through the actions of the people
who are responsible
for its affairs and it is the officers who are then
accountable for the
policies they decide on or omit to decide on, for the
decisions they take or
omit to take, for what they do or omit to do, and for
the resulting
consequences.
In law, a company can be sued in a court,
sue others, for matters such as
money owed or breach of
contract.
Although a company has no voice of its own, it serves as a
cover for those
who take decisions.
Shareholders as owners appoint
directors to take decisions on behalf of the
company.
Shareholders
are no different from natural parents who give birth to another
human
being.
Once born the offspring takes on his or her own personality that
is separate
and distinct from the parents.
Although the relationship
between child and parent is obvious, we rarely
describe the relationship
between the two as an ownership one yet in respect
of juristic persons we
regard shareholders as owners of a business.
The concept of ownership is
a critical one in appreciating the relationship
between the parents of
artificial persons and their creation i.e. companies.
Ownership is
defined as the ultimate and exclusive rights and control over
property,
which may be an object, land/real estate or intellectual property.
Such a
right is conferred by a lawful claim or title.
The concept of ownership
in not new it has existed for thousand of years and
in all
cultures.
It is the basis for many other concepts that form the
fundamentals and
foundations of ancient and contemporary modern societies
such as money,
debt, trade, insolvency, the criminality of theft and private
and public
property.
It is a key foundational principle of a
capitalist system.
It is self-propagating in that the titleholder to any
property will also own
the economic benefits from the property.
Being
a shareholder, company owner, or partner brings with it a range of
challenges no different from the challenges faced by any parent.
A
parent has obligations with no defined rights over his/her children.
If
one's children do exceptionally well, then a parent will naturally be
proud
but cannot assume the rights of the successful child, for example,
going to
a bank to unilaterally withdraw funds from the account of the
child.
If parents have no rights over their children, then what
rights do
shareholders have over the companies they form?
The only
real power that shareholders have is the right to exclude people
they do not
want to serve as directors.
The right to remove directors is vested in
shareholders. If they do not
want the direction the company is taking they
can invoke the Companies Act
and remove directors and replace them with new
ones.
The relationship between shareholders and a company they hold
shares in is
non-contractual meaning that the income earned by the company
belongs to the
company in the first instance.
The first line on any
income statement is the revenue generated from sales
of goods and services.
If a business has no customers it ceases to have the
right to
exist.
If for example, you invest in a hotel that fails to attract guests
the value
of ownership will be closer to zero.
Being a shareholder of
a shelf company will not confer any income rights to
the holder of the share
certificate.
There is no purpose of a company other than to serve its
customers.
Shareholders are important in putting in place an
institutional structure
that delivers value to a willing
customer.
Such institutional arrangement will entail appointing directors
who when so
appointed cease to represent the interests of shareholders only
but the
bundle of interests of all the stakeholders who have an interest in
the
enterprise.
Ownership imposes obligations on the title-holder.
If the entity's legal
liabilities do not get redistributed among its owners
or members then a
legal shield is said to exist.
The liability of the
member or owner is limited to the amount paid for the
shares.
Human
beings are perishable assets and yet the enterprises they may
establish when
they are alive can exist in perpetuity.
Ownership implies a permanent
relationship between the holder and the
property. If human beings cannot
last forever how can we then locate the
concept of ownership in human
civilization.
We have heard of concepts such as black economic ownership
or
indigenization. To the extent that a company is a legal construction and
yet
a human being is real, how can a human being be permanently attached to
a
company?
In life, one may only temporarily be attached to property
implying that
ownership can be transferrable without affecting the
underlying entity.
For listed company, the trading of shares takes place
outside the company.
Shareholders can change without the quality of service
delivered by a
company changing.
If we understand the true meaning of
parenthood then it must be easy to
understand the concept of shareholding
and the challenges it imposes on the
holder of such rights.
In trying
to appreciate what Africa needs to do to advance its cause the
analogy with
a company is not far fetched.
Africa's shareholders are its citizens. A
nation state is equally a legal
construction. It requires taxpayers to make
it a viable entity.
A state cannot exist in a vacuum. Citizens have
obligations to make the
state work.
Do we want an Africa that confers
rights to citizens only on the basis of
birth? We often equate
indigenousness to a birthright.
Is it sufficient for a person to be
entitled to shareholding merely because
one happens to be alive and relevant
at a particular time when such right
are being distributed?
How can
indigenization programs deal with successor rights?
Where ownership is
restricted to a certain class of people, how can one
discriminate between
competing groups? Who should get access and who should
not? When one wants
to sell, how can one maximize value when the market is
artificially
determined?
Many of us do not trust the market as a rational instrument
to allocate
resources and yet human civilization has failed to provide any
better
system.
What have we learned from the recorded human
experiences in terms of what
kind of ownership patterns are best suited to
human beings? - ZimOnline
BILL
WATCH SPECIAL
[22nd
November 2009]
House of Assembly
Portfolio Committees and Senate Thematic Committees will be meeting in the
coming week.
The meetings listed
below will be open to the public.
Members of the public
wishing to attend any of these meetings should telephone Parliament first [on
Monday
23rd November Morning at 10 am
Portfolio Committee on
Natural Resources, Environment and Tourism
Briefing from CAMPFIRE
Association and oral evidence from Minister of
Environment
Committee Room No.
311
Clerk: Mr
Ndlovu
Portfolio Committee on
Transport and Infrastructure Development
Oral evidence from Air
Committee Room No.
1
Clerk: Ms
Macheza
Monday
23rd November Afternoon at 2 pm
Portfolio
Committee on
Agriculture, Water, Lands and Resettlement
Oral evidence from
Minister of Finance on agricultural financing
Committee Room No.
413
Clerk: Mr
Ndlovu
Portfolio Committee on
Public Service, Labour and Social Welfare
Oral evidence from
Zimbabwe Congress of Trade Unions [ZCTU]
Committee Room No.
1
Clerk: Ms
Mushunje
Tuesday
24th November Morning at 10 am
Portfolio
Committee on
Agriculture, Water, Lands and Resettlement
Oral evidence from
farmers’ unions
Committee Room No.
4
Clerk: Mr
Ndlovu
Portfolio Committee on
Local Government, Rural and Urban Development
Oral evidence from City
of
Committee Room No.
413
Wednesday
25th November Morning at 9 am
Thematic Committee on
Peace and Security
Oral evidence from
Ministry of
Agriculture,
Mechanisation and Irrigation Development
Committee Room No.
4
Thursday
26th November Morning at 10 am
Thematic
Committee on Human Rights
Oral evidence on Human
Rights Instruments from Inter-Ministerial Committee [Ministry of Justice and
Legal Affairs]
Committee Room No.
2
Clerk: Mr
Ndlovu
Thursday
26th November Morning at 11 am
Thematic
Committee on Indigenisation and Empowerment
Oral evidence from
Minister of Agriculture, Mechanisation and Irrigation
Development
Government Caucus
Room
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every effort to ensure reliable information, but cannot take legal
responsibility for information supplied.