“The monumental lie which has been
sold to all and sundry by ZANU (PF) is that we are facing an economic meltdown
because of sanctions. This blame game has gone on for far too long that it has
completely disempowered us to come up with our own solutions but instead we are
looking elsewhere for solutions,” wrote Vince Musewe.
The lack of a vibrant
free media and freedom of expression have allowed Zanu PF to lie and get away
with the lies. One of the 2008 GPA democratic reforms was geared at reforming
our media to end Zanu PF control of the vital pillar of a healthy democracy.
“We must
create a new paradigm that says that Zimbabwe can indeed be a self-reliant
economy with food security as it used to be,” you said. You can say this
million times but this will never happen not whilst a tyrannical regime like
Zanu PF is in power.
“There is no sane black Zimbabwean
who is against indigenisation but this process must be clear and transparent to
avoid political interference or discretion. In fact most successful economies
such as Germany, Japan, Singapore, Taiwan and others, are driven by small enterprises.
In Zimbabwe we have thousands and thousands of 100% indigenous owned small enterprises
and all we need is to rather focus on attracting capital for these companies
which will create not only jobs but more economic value for our country,” you
continued.
Any company, local or foreign, will
pay tax, levies, etc. to the government or local authority just as they would
do in any other country in the world. What Zanu PF is proposing is an additional
charge payable to an individual(s) in the form of shares; that is bull! No
investor in their right mind would ever want to find themselves joked to some good-for-nothing
individual especially if blood sucking parasite has controlling shares too!
There only occasion when any new
investor would still want to invest is in extremely profitable ventures like
the mining of diamonds in Marange. The investor spends very little of their own
money and racks in huge profits, in this case, shared exclusively with their ruling
elite partner(s) without paying a single dollar to central government or local
authority.
Zimbabweans have seen individuals,
poor as a church mouse some of them, vana mupurwa, walk and take ownership of a
viable farming business worth hundreds of thousands of dollars some worth even
millions during the njambanja seizure of white owned farms. Many people now
believed that they too can become filthy rich, literally overnight; since there
are no more white owned farms to be seized Zanu PF is offering these people 51%
shares of foreign owned businesses.
People who still believe in Zanu PF’s
indigenisation policies are naïve and gullible, the laws were passed in 2008
and they are still expecting posse of foreign investors queuing for a chance to
be ripped off. Even if the shares were available most of these do not have a
single dollar to buy them with!
Trust me, there are NO SANE black
Zimbabwean who still believe in Zanu PF’s indigenisation policies because they
are unworkable and dumb.
How many of the countries you named
above are totalitarian dictatorships?
@ Vince
ReplyDelete"There is no sane black Zimbabwean who is against indigenisation but this process must be clear and transparent to avoid political interference or discretion," you said.
I cannot believe you said that! Zanu PF's indigenisation policies are about denying all foreigners ownership of anything in Zimbabwe. The regime has seized farms from the whites and its indigenisation laws is about extending these seizure to all businesses.
The regime did not pull the 51% figure from a hat like a rabbit; this is the minimum shares the local partner need to own the business. The foreign investor will have 49% of the shares but never own the business and thus can be out voted and kicked out.
It was easy to seize the farms from the white farmers, they were sitting ducks; do you think for one moment that a foreign investor will ever want to invest in Zimbabwe and be fleeced as happened to the white farmers?
Thanks to 35 years of Mugabe's misrule most black Zimbabweans are as poor as desert rats to revive the economy we will need a lot of foreign investors. Every sane black, white, green or whatever Zimbabwean would want Mugabe's indigenisation laws scrapped and buried a.s.a.p. - yesterday if that was possible!