Zanu PF pursues Japan trade pact

HARARE - Zanu PF officials, led by deputy Industry and Commerce minister Chiratidzo Iris Mabuwa, have embarked on an ambitious business deal that could see the country receiving cars, trucks, agricultural and farming equipment from Japan.

Mabuwa led a delegation of Zanu PF officials who included businesswoman Smelly Dube and Harare South legislator Shadreck Mashayamombe on a trip to Japan last week.

In interview with the Daily News yesterday, Mashayamombe said the purpose of the trip was to demonstrate that they have the country at heart and also to follow up on President Robert Mugabe’s recent trip to Tokyo.

“We went to Japan and met with four companies to support us with cars, farming equipment and other things that will make Zimbabwe as a nation progress.

“We want our people to drive first hand cars and not second hand vehicles. The cars that we will be bringing are affordable and anyone credit worthy can afford them,” Mashayamombe said.

Zimbabweans are currently dependent on second hand and affordable cars mainly from Japan.

Apart from that, the delegation also negotiated a deal for farmers.

“At least 10 000 tractors are on their way and we will expect the farmer to pay 50 percent first while the other half will be paid on a scheme,” Mashayamombe said.

The Zanu PF officials said instead of concentrating on factional fights as some of their comrades are doing rather viciously, they decided to put shoulder to the wheel and do something that will benefit the economy both in the short and long term.

“...We went to the source where most cars are coming from. It is not only Japan that will bring things here, we will also benefit as a country. They want leather and other materials produced locally.”

Comments (2)

What is this obsession with cars? An economy predicated on consumption expenditure instead of capital expenditure is not going anywhere especially for one like Zimbabwe that doesn't make anything of note but relies on imports for virtually everything. Tractors are the only positive piece to this 'deal' but even then, what happens when these tractors break down you still have to import the spares from Japan, the crops you will produce & the minerals extracted will be exported in their raw form without any value adding. The balance of payment account will just keep ballooning. Zimbabwe needs to import technical skills to build its own niche industries to produce stuff that can be used in domestic market, regionally and internationally. Not this constant buying of cars and running them down and hop on to the next wave...first it was British cars, then Japanese, then Korean, then Indian, then Chinese and now back to Japanese but productivity in the economy remains on a downward spiral.

Galore - 16 June 2016

We don't eat cars. Ok let them come, we are going to pay them with bond notes chete.

Chemical Solution - 17 June 2016

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