News / National
MDC-T will revisit indigenisation deals if it wins elections, says Biti
07 May 2013 at 05:43hrs | Views
Finance minister Tendai Biti has threatened to undo empowerment deals signed by Indigenisation minister Saviour Kasukuwere, if his MDC-T party wins the forthcoming elections.
Biti said Kasukuwere's controversial policy would be replaced with a broad based empowerment model.
He told a rally over the weekend that all indigenisation deals signed by Zimplats, Unki and other foreign owned companies will be cancelled in the first 100 days of Morgan Tsvangirai in office.
Meanwhile, Zanu-PF activist and businessman Themba Mliswa on Friday warned that his party could be headed for an election loss if it fails to address issues such as empowering the youths.
He said Zanu-PF will be doomed if it ignores the call by youths to meaningfully empower them.
Mliswa noted that more than 60% of potential voters in Zimbabwe are youths below the age of 35 who have not enjoyed any empowerment from the current drive to empower blacks.
Biti said Kasukuwere's controversial policy would be replaced with a broad based empowerment model.
He told a rally over the weekend that all indigenisation deals signed by Zimplats, Unki and other foreign owned companies will be cancelled in the first 100 days of Morgan Tsvangirai in office.
Meanwhile, Zanu-PF activist and businessman Themba Mliswa on Friday warned that his party could be headed for an election loss if it fails to address issues such as empowering the youths.
He said Zanu-PF will be doomed if it ignores the call by youths to meaningfully empower them.
Mliswa noted that more than 60% of potential voters in Zimbabwe are youths below the age of 35 who have not enjoyed any empowerment from the current drive to empower blacks.
Source - dailynews