The European Union has urged President Robert to respect the constitution and stop blaming the media for the country’s failure to lure foreign investors.
Mugabe (92) accuses the private media of chasing away investors through critiquing his policies.
The aging Zimbabwean leader has over the past two decades been enacting repressive media laws which stifle media freedom and freedom of expression.
Addressing journalists Wednesday evening, at a MISA-Zimbabwe organised World Press Freedom Day commemoration event in Harare where he was giving the western blocs perception on media freedom and freedom of expression, European Union ambassador to Zimbabwe Philippe Van Damme, said bad governance and inconsistent economic policies were the sources of  the low uptake of investment by western investors.
“I have to be very frank; I do not think an international investor can make decisions based on newspaper reports. The decisions are made based on facts. The legal framework, the credibility of the legal framework, rule of law in terms of the judiciary, these are things which influence investment,” he said.
The controversial indigenisation policy is one of the economic laws scaring away potential investors.
The controversial economic policy has not only driven away investment but also caused divisions within the President Mugabe’s faction ridden Zanu PF party.