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Cde Mnangagwa

Midlands Bureau
Zimbabwe can only take full control of its resources and enjoy the fruits of the indigenisation of the economy by making use of its new constitution, Defence Minister Cde Emmerson Mnangagwa said.Addressing guests at a Midlands Show Society Exhibitors’ reception in Gweru on Friday evening, Cde Mnangagwa said indigenous Zimbabweans had the capacity to own and manage their own resources leading to the prosperity of the country.

“We gained political authority in order to indigenise our assets and natural resources of our country. People should be empowered to enjoy their resources and wealth. In the Midlands province for example, the locals should lead in the ownership and exploitation of resources,” he said.

Cde Mnangagwa who is the patron of the Midlands Show said the Zanu-PF led Government had a role to create an environment conducive for business. He said the Government should also create finance windows that complement economic indigenisation and empowerment programmes through funding.

“The Government should create funding windows that enable people to exploit their resources. When you want to venture into mining ask whether there is a window created for those who want to venture into that sector. But you can’t be empowered if the resources are not yours and this is the reason why we want to make sure that all foreign owned companies are indigenised first,” he said.

“Don’t exploit people who work under you because these are the asame people who vote for us (politicians).”
Cde Mnangagwa said the economic empowerment and indigenisation programmes could only be fully implemented through the application of the country’s home-made constitution.

He said all foreign investors willing to invest in the country should do so with a Zimbabwean as a principal beneficiary.