MDC-T Shadow Minister of Finance says Zimbabwe should adopt Rand to get out of current cash crisis

 What are the solutions?  We can move to the alternative solutions because it is one criticising but another – I want to proffer solutions.  In my humble view, we have to stop and think about our indigenisation policy and say; is it worth the backlash or the problems that we have encountered?  If I ask Hon. Members here – [HON. HOLDER: Inaudible interjections.] – Let us be very honest with each other.  I will ask you Hon. Speaker, how many companies have been indigenised so far and who are the new owners of those companies in terms of the local people.  Just give me 20 local companies that have been indigenised since the policy was introduced and who are the new shareholders?  You will find that it may not be worth it because most of the companies are in the resources sector, mining, conglomerates and so on, which is still intact.  So why are we getting a lot of backlash on a policy which is non-implementable – [HON. MEMBERS: hear, hear.] – it is not necessary.

If I were in the shoes of Government, I would allow capital to come in, lock in the capital.  You would allow Foreign Direct Investments (FDI) to come in and once it is in the country, you lock it up and tell them that you have invested in this country but chose a local partner – [HON. HOLDER: Inaudible interjections.] –  Now, the money is in the country…

Hon. Maridadi having stood up to give a point of order.

THE TEMPORARY SPEAKER [HON. MARUMAHOKO]: Order please.  Can you take a seat – [HON. MEMBERS: Inaudible interjections.] – Order Hon. Members.  Hon. Maridadi, you do not just rise from your seat and then speak.  I have to recognise you first before you speak.

HON. MARIDADI: Thank you Mr. Speaker.  I think the debate by the Hon. Member here is non-partisan, it is a very good and educative debate yet we have somebody like Hon. Holder who continues to make noise as if we are at a beer hall.  I think he must be chucked out of this House so that we are able to listen.  We cannot have people who are drunk coming to this House.  It is unacceptable.

THE TEMPORARY SPEAKER: Order Hon. Holder.  Hon. Holder, this is a very crucial debate to all of us in this country – [HON. MEMBERS: Hear, hear.] –

Hon. Holder having stood up.

THE TEMPORARY SPEAKER: May you take your seat please.

*HON. HOLDER: You do not want me to speak?

THE TEMPORARY SPEAKER: May you resume your seat – [HON. MEMBERS: Inaudible interjections.] – Order Hon. Members.  This is a very important debate.  It concerns all of us, our constituencies, families and our own good self.  So the best thing is – [HON. HOLDER: Inaudible interjections.] – Order, what is wrong with you Hon. Holder?

HON. HOLDER: Thank you Hon. Speaker…

 THE TEMPORARY SPEAKER: I did not ask you to speak.

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