News / National
'Zimbabwe will go ahead with indigenisation,' says Mugabe
11 Sep 2013 at 17:28hrs | Views
President Robert Mugabe says the new government will go ahead in implementing the indigenisation and empowerment programme while ensuring that Zimbabweans are not disadvantaged by external investors.
Addressing journalists after the swearing-in ceremony of the new cabinet at State House in Harare this Wednesday afternoon, President Mugabe said the new team of cabinet ministers should go back to their new portfolios and examine what has already been accomplished in the realisation of the ruling party's manifesto.
The President spoke of the need to revive some of the institutions that were neglected or destroyed during the tenure of the inclusive government.
He said the new cabinet will examine various sectors including agriculture, the financial sector and industry to see what assistance can be given to resuscitate them.
Mugabe spoke at length on the indigenisation and empowerment programme where Botswana is said to be giving a 20 percent shareholding to external investors while government retains 80 percent at a time when Zimbabwe has a 49/51 model.
On agriculture, he spoke of the need for farmers to increase yields of other crops such as soya beans as well as support for the growing of maize through the establishment of dams and irrigation schemes where the dams already exist.
Mugabe bemoaned the slow pace of development of the country's roads, saying there is need to move faster in that regard and reduce the high road carnage that has claimed many lives.
He admitted the need to fight corruption but said due to the secret nature of the vice, there is need for eye witnesses and those with proof to assist.
Asked on the criteria of his appointments, Mugabe said he chose Zanu-PF members who are educated, principled, honest and hardworking.
He attributed the low number of women in the cabinet to low interest on their part as some of them have not grabbed the opportunity to go up the education ladder.
Addressing journalists after the swearing-in ceremony of the new cabinet at State House in Harare this Wednesday afternoon, President Mugabe said the new team of cabinet ministers should go back to their new portfolios and examine what has already been accomplished in the realisation of the ruling party's manifesto.
The President spoke of the need to revive some of the institutions that were neglected or destroyed during the tenure of the inclusive government.
He said the new cabinet will examine various sectors including agriculture, the financial sector and industry to see what assistance can be given to resuscitate them.
Mugabe spoke at length on the indigenisation and empowerment programme where Botswana is said to be giving a 20 percent shareholding to external investors while government retains 80 percent at a time when Zimbabwe has a 49/51 model.
On agriculture, he spoke of the need for farmers to increase yields of other crops such as soya beans as well as support for the growing of maize through the establishment of dams and irrigation schemes where the dams already exist.
Mugabe bemoaned the slow pace of development of the country's roads, saying there is need to move faster in that regard and reduce the high road carnage that has claimed many lives.
He admitted the need to fight corruption but said due to the secret nature of the vice, there is need for eye witnesses and those with proof to assist.
Asked on the criteria of his appointments, Mugabe said he chose Zanu-PF members who are educated, principled, honest and hardworking.
He attributed the low number of women in the cabinet to low interest on their part as some of them have not grabbed the opportunity to go up the education ladder.
Source - zbc