News / Press Release
Zimbabwe companies closure threats ill advised
24 Mar 2016 at 15:33hrs | Views
Kurauone Chihwayi - MDC National Spokesperson
Evidently for President Mugabe and his nephew Patrick Zhuwao, it is not enough that tens of thousands of workers lost their jobs during the government sponsored job termination tsunami last year, hence thousands more must lose their jobs through the forced closure of foreign owned companies which fail to comply with indigenisation laws by the 31st of March, before they are satisfied. We are witnessing sadism at its best.
It is a tragedy that those superintending over this country think it is alright to play Russian roulette with the country and its citizens' economic welfare by chasing away foreign investors instead of embracing them, at a time the country is in desperate need for foreign direct investment in order to get it back to its feet.
It makes for tragic reading seeing that this matter is cause for divisions even within ZANU PF itself.
We are not fooled, we are aware that President Mugabe and Zhuwao have run out of ideas on how to loot funds for self -enrichment after exhausting diamond and other public revenue for decades, and now are after fleecing foreign firms through the shoddy implementation of the Indigenisation law.
The people of Zimbabwe must not for one moment believe the lie that this is being done with their best interests at heart, in our view it is just a retirement package plan for ZANU PF big chefs who can sense inevitable defeat come 2018, who as usual are not bothered by the catastrophic effects on the ordinary suffering Zimbabweans.
It is a tragedy that those superintending over this country think it is alright to play Russian roulette with the country and its citizens' economic welfare by chasing away foreign investors instead of embracing them, at a time the country is in desperate need for foreign direct investment in order to get it back to its feet.
It makes for tragic reading seeing that this matter is cause for divisions even within ZANU PF itself.
We are not fooled, we are aware that President Mugabe and Zhuwao have run out of ideas on how to loot funds for self -enrichment after exhausting diamond and other public revenue for decades, and now are after fleecing foreign firms through the shoddy implementation of the Indigenisation law.
The people of Zimbabwe must not for one moment believe the lie that this is being done with their best interests at heart, in our view it is just a retirement package plan for ZANU PF big chefs who can sense inevitable defeat come 2018, who as usual are not bothered by the catastrophic effects on the ordinary suffering Zimbabweans.
Source - Kurauone Chihwayi - MDC National Spokesperson