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Kasukuwere's Indigenisation Programme Will Take Us Nowhere - Mutsvangwa

Kasukuwere's Indigenisation Programme Will Take Us Nowhere - Mutsvangwa

ZANU PF spokesperson Ambassador Christopher Mutsvangwa has said Zimbabwe needs Chinese investments to stabilise the Zimbabwean dollar saying the indigenisation programme will take the country nowhere.

Zimbabwe’s Indigenisation Programme which was being spearheaded by exiled former Minister Saviour Kasukuwere was premised on giving first preference to local companies and investors.

He made the remarks while speaking at a Medical and Dental Private Practitioners of Zimbabwe (MDPPZ) annual conference held in Mutare recently. He said:

What’s going on in Chivhu today in Mvuma, Africa has never seen anything like that in terms of investment. We are going to become in the top ten in the whole world in terms of production of steel in the next three to five years. We are going to produce something like 15 to 20 million tonnes.

We have great deposits and we have identified a top company in the world of making steel and even America does not have a company like that.

We are going to have new ports in Mozambique to export steel bigger than in Chimoio. Urbanisation is the way to go. Zimbabwe is open for business hence we need capital in Zimbabwe so that people will stop going to the diaspora.

The indigenisation programme which was spearheaded by Kasukuwere will take us nowhere. We shall build a new town in Mvuma in short period of time through this steel project.

Tsingshan signed a billion-dollar agreement with Zimbabwe in June 2018 with an aim to set up a two-million-tonne-a-year steal plant.

The Chinese company, courtesy of its Zimbabwean subsidiary Afrochine, is currently producing ferrochrome which will also be used in the production of steel.

Mutsvangwa also claimed that Western countries were manipulating the Zimbabwe dollar so that the southern African country stays without its own currency.

More: NewZimbabwe.com


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36 Comments

chixpro#12 2 weeks ago

indigenous policy haishandi coz vnhu havana mari


Dr Hercules 2 weeks ago

We knew some 12 years ago that indigenisation would not take us anywhere.What boggles the mind is that you are only realising now a sign that you lack critical thinking


Supreme Court Of Public Opinion (SCOPO) 2 weeks ago

The Supreme Court Of Public Opinion laughs at how this guy say irrelevant things at the wrong occasion.What does this indigenization have to do with the Medical And Dental Private Practitioners.kurasa nyaya.

This man is full of hatred for Tyson.


Bonzo 2 weeks ago

Mangwana kana maba Mari dzezvicherwa moti maSanctions aba Mari zimbabwe haina maSanctions asi mbavha dziri kutonga ndiwo masanctions


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ED anosur* pfeeee 2 weeks ago

Nhaimi iphone yangu here isiri kunatsoita kuti ndione pic restory, vhudzi raMugabe iron murikupihwawo sei? Kunge ane afro nemhanza, I failed kunatsopabata


bobo wacho akuita kunge chivezwa uyu wa uyu 2 weeks ago

h

263 2 weeks ago

kkk me too

Zim 1 2 weeks ago

taneta nengano dzeharabwa kubvira rini uchipfimba mukadzi wako waunaye mumba


GVT 2 weeks ago

Mutsvangwa has nothing new to deliver. ZANU PF is ZANU PF there is nothing new absolutely. He's just the same as this guy in exile. No personal opinion is adhered to but the manifesto of the political party. Mr Mutsvangwa Sir, you can't go above the confines of your party's manifesto


Machiavelli 2 weeks ago

Kasukuwere made millions for himself and his cronies. He didn't take us anywhere.

This alcoholic, Chris Mutsvangwa isn't taking us anywhere too. ED Shweeee is taking us backwards, only his children are benefitting by taking over most of gold revenues

Chinhu chavo ichi. Zimbabwe is their project


Machiavelli 2 weeks ago

Kasukuwere made millions for himself and his cronies. He didn't take us anywhere.

This alcoholic, Chris Mutsvangwa isn't taking us anywhere too. ED Shweeee is taking us backwards, only his children are benefitting by taking over most of gold revenues

Chinhu chavo ichi. Zimbabwe is their project


Machiavelli 2 weeks ago

Kasukuwere made millions for himself and his cronies. He didn't take us anywhere.

This alcoholic, Chris Mutsvangwa isn't taking us anywhere too. ED Shweeee is taking us backwards, only his children are benefitting by taking over most of gold revenues

Chinhu chavo ichi. Zimbabwe is their project


mai Bona Robert and Chatunga 2 weeks ago

😀😀😀😀😀😀


Ba T 2 weeks ago

kopamunoshora mukomana muchiti akutengesa nyika kumabhunu iyo yaenda nemaChina
#register to vote


Tongoonai 2 weeks ago

Mutsvangwa dai aramba hake basa iri. It is not easy to spread ice cold margarine on bread. The piece gets damaged.


@ZANU pf 2 weeks ago

I like zanupf because always they use propaganda but chokwadi vachichiziva

vote CCC


2 weeks ago


Anonymous 2 weeks ago

Saka zvekuti nyika inovakwa nevene vayo ndezvekupenga


e.g john chibadura 2 weeks ago

😅😄😁😂🤣

Maravaza 2 weeks ago

Indigenization is just a pipe dream, by the way, what would we be indegenizing in a world of foreign investments? We should only settle for empowerment of the local people.


Boss vedah 2 weeks ago

kkkkkkk nyika inovakwa nevene vayo kkkkk pedzozve zvozi Kasukuwere aipenga


kasukuwere 2 weeks ago

ndoshamiswa ne vanhu vanoti Kasukuwere. chii chaangataura chine musoro chaakatadza kuita achiri mu Zanu. benzi


zoe 2 weeks ago

Christopher and your colleagues steel is not the way to go. the world is going green not this high carbon producing processes. learn from Germans not Chinese.


ok 2 weeks ago

vapererwa tinobenefita chii kubva kuchina.


Boy 2 weeks ago

This parasite


Chawabvunza 2 weeks ago

Christopher Mutsvangwa is talking nonsense. A Minister implements cabinet decisions and not his own decisions. It is nonsensical to wake up today and say that it was Saviour Kasukuwere's project. Secondly, Christopher Mutsvangwa has been in ZANU PF structures since 1980. Why did he not tell his colleagues in ZANU PF at that material time that they were whipping a dead horse ? Mutsvangwa wants to create a picture where the second administration is better than the first administration. Citizens can not be fooled anymore. These ZANU PF administration's are one and the same. Simon Khaya Moyo was a far much better ZANU PF Spokesperson that Christopher Mutsvangwa.

[ VOTE CCC FOR REAL CHANGE ].


千凵几Ꮆ Ҡ凵 2 weeks ago

A donkey wld hv been much better than SK Moyo. I hv never known anyone more useless than that SK fellow ! Trust me we come frm the same place

Gafa 2 weeks ago

Umweunoti nyika inovakwa nevene vayo umwe oti inovakwa namaChina toziva zvipi manje machembera morse chibvai po


twabam 2 weeks ago

Zvo maker sense but: pavanoti nyika inovakwa nevene vayo vari kureva kuti ma china ndivo vene venyika. so far, nzvimbo dzatorwa nema chinese dzawandisa, kutopfuura dzine vatema.

Tichasvikako 2 weeks ago

😂😂😂 nhai vaMutswangwa tiri kt nyika inowakwa nevene vayo.Pakanzi indegenisation takapembera tose vani.Todaidzazve maforeigner.Vana veZim tiri kuitwa Si ..So Up & Dwn nguva ichipera.


Zerere 2 weeks ago

Mapenzi echidhara ndorinwewo irori Kirisitofa wemunhu . Hamunyari zvamunotaura makaita sei chaizvo?


Maparamuro 2 weeks ago

It was never Kasukuweres project but a zanupf project.
It's a pity there are people who believe the second republic nonsense. Idhi has been in gvt since 1980 ad been Bob's right handman since then. Mutsvangwa has also been there. Zanupf debates and passes resolutions that become gvt programmes. Chaotic land reform, 51%indigeisation and many such crazy schemes cannot be blamed on individuals by the party as a whole


Mstwanigwa 2 weeks ago

They miscorted me


binladen 2 weeks ago

Anorwara uyo


Chris 2 weeks ago

Mazitama anonhuwa nhema


Ed 2 weeks ago

Zvipiko magari enyoka



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