Zimbabwe People First (ZimPF) leader Joice Mujuru has vowed to repeal the infamous indigenisation law enacted by her former Zanu PF party saying this would attract foreign investors.
“We want those who want to invest in this country to come, but it’s impossible because we don’t have good policies. We need to respect their investment. They must know that in Zimbabwe there are property rights and we want that to be respected and upheld. We are going to do it,” Mujuru said
during her maiden Harare rally on Saturday.President Robert Mugabe’s government has been accused of scaring away current and prospective investors following its promulgation of the indigenisation policy which compels foreign investors to cede a 51% stake to locals.
Mujuru, who was hounded out of both Zanu PF and government in 2014 over allegations of plotting to dethrone Mugabe, claimed she was pushed out because she wanted to bring change from within.
Mujuru also blamed the current industrial collapse and stagnation to Zanu PF misrule and skewed policies.
She also said her government would conduct a land audit and financially empower farmers to ensure maximum production on their allocated farms.
- News Day
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