Business / Economy
Zanu-PF should implement economic blueprints, says ZCTU
18 Aug 2013 at 14:42hrs | Views
Zimbabwe Congress of Trade Unions (ZCTU) secretary general, Japhet Moyo said while in the past the Zanu-PF government has been producing good economic blueprints, these have not been implemented.
He said unless the elite in government changed their mentality and the way they do things, no meaningful transformation would be realised.
Moyo said creating employment and reviving industry, which is the backbone of the economy, was a big challenge for the new government.
"Priority should be creating more jobs. Once you do this and provide other services such as electricity, water, health, education and quality human resources, then the country functions normally," he said.
"You need to put more people on jobs, so that you get revenue in the form of taxes from those employed and corporates."
Moyo said to increase revenue, the government needed to look at the issue of royalties charged on minerals and boost agricultural, as well as industrial productivity.
The MDC-T has said it would watch and see how Zanu-PF - with a two thirds majority in Parliament - would do it alone, alleging that elections were rigged.
But Mugabe has promised to deliver on election promises expounded in the Zanu-PF manifesto which focuses on indigenisation and economic empowerment.
The party in its manifesto said it would indigenise at least 51% of the shareholding of at least 1 138 foreign-owned companies.
It also promised to create 2,2 million jobs over the next five years by unlocking value from idle assets worth at least US$1,8 trillion of mineral claims or reserves.
He said unless the elite in government changed their mentality and the way they do things, no meaningful transformation would be realised.
Moyo said creating employment and reviving industry, which is the backbone of the economy, was a big challenge for the new government.
"Priority should be creating more jobs. Once you do this and provide other services such as electricity, water, health, education and quality human resources, then the country functions normally," he said.
"You need to put more people on jobs, so that you get revenue in the form of taxes from those employed and corporates."
Moyo said to increase revenue, the government needed to look at the issue of royalties charged on minerals and boost agricultural, as well as industrial productivity.
The MDC-T has said it would watch and see how Zanu-PF - with a two thirds majority in Parliament - would do it alone, alleging that elections were rigged.
But Mugabe has promised to deliver on election promises expounded in the Zanu-PF manifesto which focuses on indigenisation and economic empowerment.
The party in its manifesto said it would indigenise at least 51% of the shareholding of at least 1 138 foreign-owned companies.
It also promised to create 2,2 million jobs over the next five years by unlocking value from idle assets worth at least US$1,8 trillion of mineral claims or reserves.
Source - standard
