#mugabe must go further to root out greed

via Mugabe must go further to root out greed – NewsDay Zimbabwe May 15, 2014

THE decision by the Zanu PF politburo to completely stop the continued land expropriation under the guise of economic empowerment benefiting only a few connected individuals is a step in the right direction.

The booting-out of the ruling party elites and army officials from the money-spinning safari landholdings in the prized Save Valley Conservancy for double-dipping points to a cocktail of recuperative measures to rescue the economy after many years of inaction.

But, Zimbabweans believe that only practical action against the looting oligarchs may rescue the country from its current economic quagmire.
President Robert Mugabe and the ruling Zanu PF party must, therefore, make sure that their politburo resolution is followed to the letter otherwise this may be yet another useless talk.

Equally commendable was Zanu PF’s decision to remove settlers in all properties protected by the Bilateral Investment Promotion and Protection Agreements (Bippas), which decision may mean all Bippas properties countrywide are now safe.

It must be borne in mind that countries around the globe compete fiercely for investment that can encourage faster economic growth and job creation by infusing capital, technology and know-how into key industries.

Therefore, as in many other cases elsewhere, Zimbabwe must prioritise attracting investment as its development strategy, particularly given the economic challenges facing the country. An important question for investment promotion intermediaries in the country is how best to develop the investor outreach, facilitation, aftercare and strategy to attract direct investment.

With this directive, government should develop the foundation to generate new investment as respecting Bippas sends a clear message that there will be no expropriation of foreign investment. Rationalising the land reform programme and the indigenisation policy had always been an unpleasant lump on Zimbabwe’s throat.

Many an investor resented putting their money into the country for fear of losing their investment.

The Zanu PF decision should be a foundation, hence Zimbabwe needs to improve the legal and policy environment for both local and foreign investment; design and implement a programme of sector-targeted investment promotion activities to attract and facilitate investment; implement effective investor facilitation and aftercare programmes and establish a system for benchmarking competitiveness for investment.

Indiscriminate land takeovers by the political elites had no doubt destroyed livelihoods and ecosystems all over the country. This situation led to many flashpoints of confrontation between government and the poor.

Although government argued that land reform led to development and poverty alleviation, facts on the ground, however, do not bear this out.
The land resource and mineral wealth of the country are a gift of nature, part of our initial inheritance, which belongs as much to the present as to the future generations.

The industries, moreover, founded upon such materials, are among the key or mother industries, whose benefit must be available to the whole country and not only a fortunate few who make profit for themselves out of what is common property.

Mugabe should not stop at booting out his politburo colleagues, but should move a step further to implement the one-man-one-farm policy which many in the ruling party trashed.

COMMENTS

WORDPRESS: 13
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    Tjingababili 8 years ago

    THAT WILL BE SUICIDE! HE IS SMART!

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    Equally commendable was Zanu PF’s decision to remove settlers in all properties protected by the Bilateral Investment Promotion and Protection Agreements (Bippas), which decision may mean all Bippas properties countrywide are now safe.
    I thought this land was to be then placed under Government/National Parks supervision and not returned to the previous owners? Also the celebrated that only Zimbabwean people who had a white skin were dispossessed.

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    jones peter 8 years ago

    Must root out Grace first

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    Petal 8 years ago

    How can BOB go further to root out greed when he is one of the SUM BAGS

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    Petal 8 years ago

    meant SCUM BAGS because he is a scum bag

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    Johann 8 years ago

    Is it the job for a president to root out corruption when it is HE who claims on TV that he only earns US$4000 a month yet at the same time splashes out on a multimillion dollar wedding for his daughter?

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    protestor 8 years ago

    Its a shame how can the Chief Presiding Officer take action against himself hazviite

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    John Thomas 8 years ago

    This is a government propaganda piece. There is no positive aspect to anything done by ZANU.

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    Roving Ambassador 8 years ago

    And what’s this polutionburue or whatever that has become the law maker?. Is it a legal entity? Has it taken the role of the stupid Parliament? So it makes the laws that govern the country and its all in the constitution? And the MDC ,as they are in parliament are also happy with the status?
    Leave that stupid parliament ,it services no purpose at all.
    MDC, wake up.

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      Roving Ambassador 8 years ago

      This shows ZANU is not serious at all. Its smoke and screens time

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    Tinomunamataishe 8 years ago

    You surely cannot expect Mugabe to root out corruption when he sits on top of the diamond controlling it and benefiting hugely from it. You simply need somebody else to do it.

    These guys are proposing these changes now because they have failed to attract foreign direct investment whilst other countries around Zimbabwe are attracting foreign investment and creating jobs. The question to ask is why?

    Its not overnight job where you just say now we wont do this and that, its a cultural shift and that will take time but unfortunately the people at the top at the moment cannot be trusted.

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    Saddened 8 years ago

    Please can we stop celebrating any time these thugs are forced into reversing their skewed decisions or policies. Perhaps when they are proactive in formulating policies that benefit the rest of us we can celebrate. While Mugabe is at the helm let’s not hold our breath.