Page 10 - Msingi Afrika Magazine Issue 28

Leadership

ZIM GOVERNMENT

REPEATING THE MISTAKES OF THE PAST

Rutendo Matinyarare, Harare, Zimbabwe

he Zimbabwean and foreign investors who causing economic collapse.

government sought to exploit Zimbabwe
seems to have through economic control. However, around 2010, our
Tforgotten the So when government economy eventually began to

lessons of the past. Between compensated war veterans, stabilize and started growing
2001 and 2010, Western these racists crashed the stock as local players and non-
sanctions devastated our market by divesting $3.5 racist investors took control.
economy because key sectors billion, and when sanctions So why are we now reverting
of our economy like mining, were imposed, they quickly to allowing reputed racists

manufacturing, agriculture, took out their investment, like Zed Koudounaris (who
food processing, seed then money laundered and is implicated in the Panama
production, real estate, and externalized their wealth Papers for money laundering)

fuel were dominated by ex- through locally controlled of Innscor, which according
Rhodesians and racist local Western-owned banks, to leaked reports is a proxy

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