“International interlocutors have mostly engaged with elements of a more moderate faction around Mr Mnangagwa, who claim to understand Zimbabwe has to make fundamental, structural economic reforms to get its economy on track,” it says.
“Mr Mnangagwa himself also has said publicly that Zimbabwe has to rethink the scope of the country’s controversial indigenisation policy in order to draw in foreign direct investment. The policy aims to delineate local participation requirements for foreign businesses and investment in the country but has resulted in confusion and uncertainty.
“However, even if the Mnangagwa camp’s enthusiasm for reform is genuine and not just a political sop to donors – a legitimate question – it will face significant opposition from vested interests elsewhere in the party.”
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