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'Kasukuwere got it wrong in some empowerment deals,' says Mugabe

by Staff reporter
04 Mar 2013 at 05:24hrs | Views
President Mugabe says Indigenisation minister Saviour Kasukuwere "got it wrong" in some empowerment deals stitched together with several foreign-owned companies including the Zimplats deal which has left the tax-payer facing a possible $350 million hit.

President Mugabe said in an interview to mark his 89th birthday that Kasukuwere was wrong to endorse an agreement that requires the government to pay for shares acquired under the country's indigenisation programme.

"Problem ndiyoyo, ivo vakatipa 51% vachiti chikwereti chatirikukupai asi tirikukubhadharirai mangwana mozotibhadhara that is where the difference is," the Zanu-PF leader said.

"I think that is where our minister made a mistake. He did not quite understand what was happening and yet theory yedu ndeyekuti resource iyoyo ndeyedu and that resource is our share that is where the 51 percent comes from."

Source - dailynews
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