Categories: News

Mnangagwa out of sync with the State Enterprises Restructuring Agency

President Emmerson Mnangagwa might have hit the ground running but he seems to have left he agencies that he is trying to reform too far behind.

The government says it wants to restructure State Enterprises but the website of the State Enterprises Restructuring Agency seems to have been last updated in February last year.

The government is inviting interested investors to buy stakes in 24 state enterprises, something that has already raised eyebrows as the enterprises include entities like Air Zimbabwe.

A group of South Africans have expressed interest in buying a stake in Air Zimbabwe.

Legislators have, however, been campaigning for the government to put the Zimbabwe Iron and Steel Company on the top of its list because once ZISCO is resuscitated this would have a ripple effect on Sable Chemicals, the National Railways of Zimbabwe, Hwange Colliery, just to name a few.

See also:

Half of Zimbabwe’s problems would be solved if ZISCO came into operation today- MP

What the revival of ZISCO could mean to Zimbabwe

Mliswa tells Gumbo invest in ZISCO not Air Zimbabwe

 

(226 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024