Even Mugabe was a scrounger: Chinamasa

via Even Mugabe was a scrounger: Chinamasa 14/11/2013 by Gilbert Nyambabvu NewZimbabwe

FINANCE minister Patrick Chinamasa chose to be melodramatic Thursday as he justified the country’s empowerment thrust, claiming that most Zimbabweans, the president not excepted, were pretty much beggars before Zanu PF embarked on the programmes.

The treasury chief was briefing Western diplomats accredited to Harare on the government’s new economic blue-print, ZimAsset, which is expected to guide national development over the next five years.

Zanu PF started the seizure of white-owned farmland in 2000 to address historical imbalances in the distribution of the key resource but critics say the campaign triggered a decade-long recession characterised by runaway inflation following a massive collapse in agricultural output.

President Robert Mugabe also believes that former colonial power Britain, angered by the often violent removal of white farmers and their families from the lands, coerced its allies to impose debilitating economic sanctions on Zimbabwe.

Chinamsa however, said the programme was necessary, insisting a situation where the majority black population lived in abject penury would have been even more explosive if not addressed.

“All of us here, until recently, had no stake. Up to year 2000 we had no stake, maybe except our clothes; from the President down,” he said.

“Now you cannot have a country like that. You cannot have an economy like that where the President, ministers, MPs and everybody are all beggars looking for employment and no employer. That is what we have sought to correct.”

While the Chinamasa’s claim that the political elite were essentially destitute before the land reforms might induce a collective scowl from unconvinced Zimbabweans, he was probably right that they did quite well by the land seizures.

Critics insist that most among the Zanu PF hierarchy helped themselves to multiple farms although the question of whether all of them are using the land productively remains conflicted .

Meanwhile, the government has since moved to indigenise other sectors of the economy with foreign companies now required by law to ensure Zimbabweans own and control at least 51 percent of their local operations.

This did not mean foreign investors were no longer welcome, Chinamasa emphasised.

“What we now need to do is to define a path which is transparent where investors can come and exploit to our mutual advantage as we go along,” he said.

“By addressing you today (Thursday) we are basically inviting you to be partners in that journey and you must look at indigenisation as a journey and not an event.”

The country’s leading foreign mining companies have already moved to comply with the 49/51 percent ownership structure in a process also dogged by allegations of corruption and public spats between top officials.

Chinamasa said different quotas would likely apply to other sectors of the economy.

New empowerment minister Francis Nhema would soon explain how the programme would be implemented in other sectors of the economy.

“Basically the major focus is on our minerals. We are saying we have a resource which is underground. When exploited the resource is depleting so we need also to see what is our benefit during the process of depletion,” said Chinamasa.

“We have already passed a Sovereign Wealth Fund Bill which should be gazetted soon where maybe not in the immediate but in the future, we also want to look at our minerals and say during the depletion of our minerals what can we throw into the fund for future generations or infrastructure development which will assist future generations.”

 

COMMENTS

WORDPRESS: 6
  • comment-avatar

    hatisikuti kutora munda kwakaipa ko maigozotora 5,5 sei vamwe tisiba kana one?saka ivhu iri nderenyu mogo here
    ?

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    Boss MyAss 8 years ago

    No food, no money, no education, no water, no electricity, no roads, no lights, no freedom, no human rights, no dignity, no future, no respect, no self-esteem, no civilization, no beliefs, no ethics, no common sense, no moral values, no principles. I am proud racist, living with fear, xenophobia, corruption, surrounded by beggars, wise guys, simpletons. I expect nothing, I am nothing, and I am the global disgrace. All I care is the colour of the skin of others and my God the almighty U.S dollar. Live and let die. I am good for nothing. “God save his Excellency the KING Robert Mugabe” who saved us from the big bad wolf the bustard whites and took absolutely everything from us for his self and his gang. I am the most selfish and stupid person in Africa, I am free and proud to be Zimbabwean.
    Zimbabwe is guilty of perpetuating this dictatorship.

    • comment-avatar
      Chivulamapoti 8 years ago

      Very well said, BigMyAss!

      • comment-avatar
        Boss MyAss 8 years ago

        I believe that you control your destiny, that you can be what you want to be. You can also stop and say, ‘No, I won’t do it, I won’t behave his way anymore. I’m lonely and I need people around me, maybe I have to change my methods of behaving,’ and then you do it.

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    Mr Mixed Race 8 years ago

    Did we have to use violent means to take the land and hurt those whites? Did we try a civilised method of acquiring unused land eg heavily tax the owners for the land not used productively,this could have forced most of the farmers to sell the unused land because they could not carry on holding to unproductive land.I am an animal lover who was badly annoyed when I saw some of the war vets and villagers taking their anger on poor dogs in the cages being brutally attacked without their master to protect them.We are paying for this inhumane behaviour on innocent GOD’s creatures.We created our own enemies by our misguided actions,only GOD knows what will happen to this nation.

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    I couldn’t have invented this garbage had I tried!!!!