YOUTH
Zhuwao told journalists this past week it was the responsibility of managers within individual firms to spur their organisations to success while urging them to stop pinning their misfortunes on the state of the economy.
“A significant component of management of private businesses in this country are hiding behind issues that the environment is not conducive yet they are looting or they are grossly incompetent and squarely blame it on the government,” he said.
“The government’s business is to look for votes and to address the wishes of the people.”
Zimbabwe currently battles massive de-industrialisation blamed on the country’s tough operating environment caused by policy inconsistencies, liquidity challenges and power shortages.
The crisis has given rise to massive job losses which have pushed many into the informal market.
Prospective foreign investors wishing to come to the country have held back their investment fearing the seizure of their wealth under government’s difficult empowerment policies.
However, calls have been made for government to relax its tough laws to allow Foreign Direct Investment (FDI) to return to the country.
But Zhuwao was quick to dispel the notion that the Zimbabwean economy can be best be resuscitated through FDI inflows as is widely believed.
“I have always questioned ‘voodoo economists’ who claim that the economy can only be resuscitated by FDI.
“Foreign Direct Investment is not the Alpha and Omega of this country; we have other issues that talk to efficiency, productivity and levels of productivity that relate more to this economy,” he added.
President Robert Mugabe’s nephew has given foreign firms operating in Zimbabwe up to April 1 to comply with the country’s indigenisation laws or face closure.
The law compels them to surrender at leaser 51 per cent of their equity to locals, something that has elicited strong rebuke from the country’s opposition.-RadioVop
12 Replies to “Govt Did Not Mess the Economy-Zhuwao”
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A common criminal advertising his stupidity !!!!!!!!!!!!
A common criminal advertising his stupidity !!!!!!!!!!!!
UZ graduates, his uncle has more than 4 degrees from the same university, his uncles wife has a doctorate from the same University but she does not have some O’ level subjects. mujuru has a doctorate but she never went to primary, secondary or A level. Most managers in Zim are graduates from UZ no wonder the poor perfomance of most companies
UZ graduates, his uncle has more than 4 degrees from the same university, his uncles wife has a doctorate from the same University but she does not have some O’ level subjects. mujuru has a doctorate but she never went to primary, secondary or A level. Most managers in Zim are graduates from UZ no wonder the poor perfomance of most companies
You beat out votes from people that is why you “win” despite your ZERO popularity…..The duty of a government is not to look for votes but to make sure sound policies are in place ,rule of law is respected ,the constitution is revered and the citizens are happy….You are an IDIOT zvese nasekuru vako!!!!
Zhuwawo uri dofo remakoko uye you do not even know how to define economy, Kushata kwako mhani.
Murume uyu anondisemesa zviya zvekundisemesa. He’s the lowest of the lowest, scum of the earth, lower than rats and cockroaches. Meanwhile people sit back and listen to him talking nonsense like this. Mwari pindirai..
Murume uyu anondisemesa zviya zvekundisemesa. He’s the lowest of the lowest, scum of the earth, lower than rats and cockroaches. Meanwhile people sit back and listen to him talking nonsense like this. Mwari pindirai..
Forgive Zhuwao, for he does not know what he is saying. What he should be reminded though is that there is no way ZANU PF can meet the expectations of the electorate when the economy is not doing well. The majority of non performing entities are government owned entities and the government itself is not performing well, because Mugabe is ever asleep in meetings.
Forgive Zhuwao, for he does not know what he is saying. What he should be reminded though is that there is no way ZANU PF can meet the expectations of the electorate when the economy is not doing well. The majority of non performing entities are government owned entities and the government itself is not performing well, because Mugabe is ever asleep in meetings.
I don’t know which universities these thugs attend. Seems not to have equipped them at all.
Monies in government seek votes and one of the mandates of government is to create an enabling environment. Have you C*NTS done that. NO!!!!!
You and ur uncle smoke something!!!
I don’t know which universities these thugs attend. Seems not to have equipped them at all.
Monies in government seek votes and one of the mandates of government is to create an enabling environment. Have you C*NTS done that. NO!!!!!
You and ur uncle smoke something!!!