Letters from ZimbabwePark the bus |
We all wondered what would happen when there were no more farms left to grab and this week we got the answer. It's not diamonds as we thought, those are undoubtedly destined only for the very deep, velvet lined pockets of the really big wigs. It's the companies and businesses that are next.
After a year of appeals, conferences and seminars to try and attract investors back to Zimbabwe, everything was wasted in a single stroke this week. A new regulation has just been gazetted requiring that all local and foreign owned companies must hand over at least 51 per cent ownership to "indigenous" Zimbabweans. Multiple thousands of companies are going to be affected and economists predict that many local industries will be forced into bankruptcy.
An article in the UK Daily Telegraph quotes an expert who explains the implications in simple language that anyone can understand: "Daniel Ndlela, Zimbabwe's most eminent regional economist said: "There will be no foreign investment into Zimbabwe. Why would anyone come into Zimbabwe with $100 and be left with $49? ... those who might have invested in Zimbabwe will now never come."
This new regulation does not just affect foreign companies but also those belonging to Zimbabweans whose skin happens to not be black. It affects men and women who were born here, went to school and university here, built homes and businesses here and have lived in Zimbabwe all their lives - people who know no other country but Zimbabwe.
Standing chatting to a young "indigenous" Zimbabwean one evening this week he said to me:
"It shames me to say that nowadays if you are white you are always in the wrong. Even if you are in the right, if you are white, you are wrong."
"Like it was for blacks before 1980?" I suggested.
He laughed and said :"I don't know, I wasn't even born then!"
We slapped hands in that Zimbabwean way of sharing a good laugh and changed the topic.
We've just heard that Prime Minister Morgan Tsvangirai is talking about elections in April next year. "Park and proceed" is what the PM is saying. Everyone knows that the endless stalling and so called negotiations between Zanu PF and the MDC are never going to be resolved. As MDC spokesman Nelson Chamisa said this week: " We don't want to keep Zimbabweans in suspense and anxiety. We are holding everyone to ransom."
They are indeed because all we want to do is get on with our lives, change, improve, prosper and stop going backwards. So lets park that rusty old bus and proceed. What a good idea.
Copyright cathy buckle 21 November 2009.
For information on my new book: "INNOCENT VICTIMS" or my previous
books, "African Tears" and "Beyond Tears," or to
subscribe/unsubscribe to this newsletter, please write to: cbuckle@mango.zw
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COMMENTS
Define "indigenous" - all sorts of racist land mines in that one.
by Sad days on February 13 2010, 15:39
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duck Zimbabwe
offthrow the bastard u chicken liver cowards
by sudanstud on February 14 2010, 07:05
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affect investment in all African countries, including SA.
by CV on February 14 2010, 08:34
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When will our "leaders" grow some balls and unequivocally state that what is happening in Zim must stop? Are they wating for every single Zimbabwean to cross the border creating even more tension in our townships before starting a process of . .more
by no longer shocking... on February 14 2010, 09:08
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Buckle deserves to be in the mess she is in.
by Obla di obla da on February 14 2010, 09:50
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this is exactly the same as the sa bbbee policy
by bbb on February 14 2010, 10:18
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The country is Fooked ------If you choose to stay there then you know the outcome --its your choice !
by George on February 14 2010, 12:21
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SOUTH AFRICA IS NEXT.iT PAINS ME TO SAY THAT.
by rota roota on February 14 2010, 18:59
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It is an interesting logic.
Same as Julius who says we will nationalise da mines and foreign industry will then invest.... really.... you think so?
I said a year ago it will now be easy to see the biggest idiots around.... those who . .more
by Charlie Chaplin on February 14 2010, 20:15
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winge winge winge from the whites...remember when u took all our land and mines hee hee hee....we are just taking back whats ours. The situation in Zimbabwe is not as bad as it is reflected here. Empowerment is neccesary and will be done ina . .more
by zimbo on February 15 2010, 00:12
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Zimbo the Bimbo, or is it Dumbo, not sure...
by Johan on February 15 2010, 00:20
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Yes, these were the words used by the prancing penile president Zuma. I see Tsvangarai has picked up on them.
Fantastic african logic.
You are supposed to be going on a long journey but now have to "park".
Er, can anyone tell me how . .more
by Plutarch on February 15 2010, 00:41
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It is of no surprise that Mad Bob would put forward such a ludicrous act. His coffers are getting empty - Grace needs more mink coats and diamond jewellery.
One wonders what SADEC has to say about this, or will it be a matter of "quite . .more
by Black Professional on February 15 2010, 02:43
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Are u sober? What chickens in ZIm?
by Alien visiting Earth on February 15 2010, 02:46
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Zimbabwe Economic Policy is designed to make a few government ministers rich. ANC seems to be starting to make similar errors in judgment when devising economic policy. They should look to Zim to see how quickly things can unravel if and when bad . .more
by BobHopes on February 15 2010, 02:49
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I don't even for a second ever consider putting the old south african regime back into power, but they would have sorted this bloody mess out a long time ago... Mugabe is a cancer, and if you dont remove a cancer in the early stages, it will kill . .more
by Simon on February 15 2010, 02:50
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You are correct but only partially so.
I think the lesson of Zimbabwe tells us very plainly that a small cabal of thoroughly evil and sepicable maniacs can dismantle a country right down to the bare bones and get away with it.
in my . .more
by Cassandra on February 15 2010, 03:08
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Could we not park a special bus in front of the Mugabe residence... you know, those special ones filled with C4, or nitro-glycerine or TNT. It seems there will be no other way to stop the destruction of Zim!
by Saddened! on February 15 2010, 03:21
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We should park the bus on Mugabe and his Zanu PF cronies.
by Angel on February 15 2010, 03:53
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Why are you still there Cathy? Do you want to be the last white in Zimbabwe? Nobody cares about that dump any longer- get out. So boring even talking about it. Another African failure- the hopeless continent.
by Batman on February 15 2010, 04:01
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Why is it ok that a handful of blacks (ministers) can become rich to the expense of everyone, and mostly poor balcks and get away with it. Why is it ok?
by @zimbo on February 15 2010, 04:04
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The whites discovered the mineral riches, put money in and built a business you tosser so why do you think it belongs to the indigenous blacks???
by JvR on February 15 2010, 04:16
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We should park the bus on both Mugabe and Zimbo....
by JJ on February 15 2010, 04:42
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Q: What does an apple and Mugabe have in common?
A: They both look pretty hanging from a tree.
Q: What is the difference between Mugabe and a bucket of sh*t?
A: The bucket.
by bulwayo on February 15 2010, 05:19
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I am so tired of hearing about Bob putting one over the "indigenous" Zimbabwians .... you idiots elected him, you allow him to continue doing these things, you whine to the rest of the world like we are going to send people to over throw him ... you . .more
by Sadsack - UK on February 15 2010, 05:55
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Unfortunately this is the same approach being punted by Julius M. He's put it slightly in the background by saying the state might actually pay the companies for the mines, but they'd prefer to get them for free. After all, the companies have paid . .more
by CTheB on February 15 2010, 07:35
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I suggest you guys read the above article...arent you whiteys meant to be well read ....whites developed the mines yeah right......where did the capital come from? and the labour......slave labour of course...capital was raised from exporting . .more
by from Zimbo... on February 15 2010, 08:00
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Why do you not see that?
by Realist on February 15 2010, 08:22
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There seems to be many presumably black posts about how what is happening in Zim is Ok, not so bad or exactly what SA needs (i.e. nationalisation).
Doesn't matter how many times African countries go through this process - I mean Zambia also . .more
by Capitalist on February 15 2010, 08:44
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And if you were well read you'd know the degree to which that book was criticised and why and you wouldn't simply agree with it because it fits a point of view that you happen to like.
by CTheB on February 15 2010, 09:42
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we just skipped straight to the businesses.
by Fred on February 16 2010, 00:32
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Europe didn't underdevelop Africa, Africans did not develop themselves.
You are used to sitting under trees leaving the women to plough the lands. The climate is suitable for being lazy, everything just grows. This is African . .more
by Angel on February 16 2010, 03:29
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Embrace Africa Cathy and move on-thats the way it is.
by David Livingstone on February 16 2010, 03:54
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I don't think there's any denying that some European countries and companies, along with some other foreign entities, have had a hand in the manner in which Africa has developed (or not developed). However, it has been shown that it is dishonest to . .more
by CTheB on February 16 2010, 04:05
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It seems almost incomprehensible that no body has assassinated Mugabe yet. Everybody watches, complains, and writes books/articles about how that country is being destroyed. Now we have another "election" coming up, what will be different?? For . .more
by Airwolf on February 16 2010, 10:19
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Has any country in Africa been under colonial rule longer than South Africa?
by Jan on February 16 2010, 14:48
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Yes Mugabe's antics are foolish
More thought should be put into this nationalisation debate. How do the likes of Anglo benefit ordinary citizens from day to day?
They provide a couple thousand jobs but at what cost? The finite . .more
by Ghettogladiator on February 17 2010, 01:42
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What chickens? They left with the rest of us, never to return!
by exZimbo on February 17 2010, 09:36
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Zim used to be a big exporter of beef, maize, soyabean, tobacco and more. Today there is nothing, not even money to import food. Same soil, rain, weather - so whats the diff - black farmers replaced white farmers. As easy as that.
by Realist on February 18 2010, 02:37
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Life here, work here, but for heavens sake, USE YOUR OFFSHORE ALLOWANCES. The Rand wont for ever stay at R7.5, we'll wake up one day when the foreigners are disillusioned at see this thing at much worse levels. MAKE SUR YOUR DEBT IS HERE AND YOUR . .more
by Piet on February 18 2010, 22:23
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