Foreign firms must fund Mugabe’s scheme says Mushowe

via Foreign firms must fund Mugabe’s scheme says Mushowe – The Zimbabwean 24 June 2015 by Brenna Matendere

Government must put in place modalities to compel foreign-owned companies to bankroll the presidential scholarship scheme, says Youths, Indigenisation and Economic Empowerment Minister Christopher Mushowe.

He made the statement, which is likely to upset the already burdened companies, while officiating at the handover to government of a school built by the Tongogara community share ownership trust in Shurugwi recently.

“Wise companies must know that it is impossible to come here and take the wealth from our soil while locals are left with no benefits like academic empowerment. It’s like a man who sits in a boat inside a dam with crocodiles and hippos then start to feast while they watch. That boat will be overturned and the man will be destroyed,” said Mushowe, who heads President Robert Mugabe’s controversial scholarship programme.

“What we are saying is that the foreign companies should fund our students under the beautiful scheme of President Mugabe. After that they should also go on to give them job opportunities when they come back. Mining companies should in fact be in the fore-front on that so that we get more local engineers in their firms than have foreign ones who would lie to us on the mineral resources we have,” he said.

Since 2010, he claimed, Mugabe had been battling to fund the scheme from his own pocket – obviously unsuccessfully as reports say government now owes South African universities over $1 million in tuition fees and has failed to provide for the welfare of the students. There have been reports of some students being forced into prostitution and drug dealing in order to survive – as they have no funds to return home.

COMMENTS

WORDPRESS: 8
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    This is yet another indication of ZANU-PF’s not being able to see the big picture. This attitude is why the country’s economy is in the toilet.

    If you are a foreign investor, would you want to invest in a country that demanded 51% of your company, with no compensation? However the people never see any profits, because that 51% goes to someone with close ties to the ruling party. Then, on top of that you must pay your taxes like everyone else, as well as fund projects that only support ZANU-PF?

    Think about it, every single “Presidential,” scheme is financed by “donations,” from “well wishers” – aka, extorted from local and foreign businesses. That includes the Presidential Inputs scheme, the Presidential Scholarship scheme, and every major meeting of ZANU-PF.

    On top of that, even when government has signed a BIPPA with the investor’s home country, ZANU-PF and Mugabe have proven over and over again that they will simply take whatever properties they want, when they want it.

    Does all that make you want to invest in Zimbabwe?

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      Hell NO. I am a proud Zimbabwean and I won’t invest in Zimbabwe, let alone fund murdergargage–oops! Mugabe’s educational schemes. I will not throw my hard earned money into a bottomless pit. Tell Mugabe to use the money from the diamonds to fund his schemes instead of giving it to the Chinese.

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    The Mind Boggles 7 years ago

    It’s like a man who sits in a boat inside a dam with crocodiles and hippos then start to feast while they watch. That boat will be overturned and the man will be destroyed,” said Mushowe,

    Sounds about right!!! Investing in Zim is about the same as entering a crocodile infested dam. Only difference is real crocodiles probably have far better qualities and are a lot more trustworthy than ZPF !!!

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    I hope they have the courage to tell the fool to go f%$%k himself

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    Tiger Shona 7 years ago

    The problem with Mugabe and Zanu PF is that they are unable to start and run a successful business venture.
    The only cash they get, is what they steal

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    grabmore 7 years ago

    Zimbabweans who work in The foreign owned mines are over the moon with their stable salaries and training etc. Don’t worry too much about them, Mushowe…. rather go back to your desk and write a report about the 2.2 million jobs you promised us.

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    Mafirakureva 7 years ago

    a clear realisation that the only industry left is mining. very soon it will be dead then what? besides which mine in the country is being run by foreign engineers other than the invited guests in the diamond fields? an example of social responsibility must come from ZMDC, ZESA, NRZ, CSC, ARDA, PTC etc.

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    Angaas 7 years ago

    “Bob is my shepherd. I will always live in want.
    He maketh me to lie down on park benches.
    He leadeth me past still factories.
    He disturbeth my soul every day.
    Yea, though I walk through the shadow of Depression, I anticipate no recovery, for he is with me.
    Surely unemployment and poverty shall follow me all the days of my life, and I shall dwell in a shack forever.”