Top stories for March 16-20

Mugabe not serious about curbing corruption- Civil society organisations say President Robert Mugabe is not serious about curbing corruption because if he was he would have protected members of the Zimbabwe Anti-Corruption Commission. According to the Standard today, the organisations said if Mugabe was serious, he would have named, shamed and punished cabinet ministers and top government officials so far implicated in corruption including those alleged to have demanded bribes from potential investors. Last week Mugabe said he had been told that a minister had demanded US$70 000 to facilitate an investment while a Member of Parliament demanded US$50 000 but he did not name the two. “Why is the minister nameless and faceless? Is the President now afraid of his ministers? It shows there is no genuine interest in fighting corruption,” a member of the civil society was quoted by the Standard as saying. Last year he said heads would roll after he was informed that Zimbabwe Mining Development Corporation chair Godwills Masimirembwa was involved in a US$6 million scandal but this year he exonerated Masimirembwa saying the Ghanaian investors had lied. Mugabe has previously said ministers had demanded bribes of up to US$10 million but no one has been brought to book yet.

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Foreign investment is not the answer

Zimbabwe is currently a clean slate on which anyone can write. The government is pushing for indigenisation saying this is the only way it can empower its people. Others argue that the country cannot do without foreign investment. Indigenisation is scaring away foreign investors? Who is right? It depends on your own persuasion. Academic and former Tanzanian minister Abdulrahman Babu argued in the postscript to Walter Rodney’s book: How Europe underdeveloped Africa that foreign investment is not the solution. But that was more than 40 years ago. Here is an excerpt.

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