Bennett takes aim at indigenisation policy

HARARE - An official of Prime Minister Morgan Tsvangirai’s MDC has claimed that Zanu PF’s indigenisation policy is toxic.

Speaking in London this week, Roy Bennett, MDC ’s ambassador to the United Kingdom took a swipe at the indigenisation policy and said the policy only served to place national wealth in the hands of a selected few.

“Zimbabwe is a rich country, but the wealth is not being used for development. Where there is rule of law, companies are taxed and the proceeds are used to maintain public services.

“Sadly, the nation’s wealth is currently being carved up and fed to the Zanu PF patronage machine. I am not against some monies going to local community trusts. But even here the lion’s share must go to the Treasury so that it benefits Zimbabwe as a nation,” Bennet said.

Bennet was quick to defend his stance as not extreme. He said the policy only made it possible for Zanu PF leadership to loot foreign-owned resources under the guise of public interest but not disclosing settlement details to the same public they claim to represent.

“We cannot have a situation where Zanu PF functionaries get in a smoky room with target companies and cut deals whose details are hidden. This is theft. As we speak, billions of dollars are being taken out through back door,” he said.

This comes after the MDC party’s launch of its equivalent economic policy, known as Jobs, Upliftment, Investment, Capital and Environment (Juice).

MDC officials are on record labelling Zanu PF’s indigenisation drive an angel of death, despite the public scepticism toward their Juice project which they claim would offer a million jobs to the people in the next five years.

The party’s Juice project is expected to serve as a working alternative to Zanu PF’s indigenisation policy spearheaded by Indigenisation minister Savior Kasukuwere at a time when the latter described it as a “stale plan”.

MDC’s spokesperson Douglas Mwonzora has in turn labelled Kasukuwere a “perennial failure.”

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