“The violent post-election demonstrations that rocked Harare and some parts of the country in August this year, may have heightened investment risk for Zimbabwe and scared away billions of dollars worth of planned foreign investments, Government has revealed,” reported Business Weekly.
“While there is concern over the potential impact of the events of August 1, 2018, Zimbabwe's biggest manufacturing business member group, feels the independent inquiry into what happened on the day will help foreign investors understand exactly what transpired to make informed investment decisions moving forward.”
All would-be investors were scarred away long before the 1 st August shooting.
They were scarred as far back as January 2018 when it was clear as day that Mnangagwa was not going to keep his promise to hold free, fair and credible elections by stubbornly refusing to implement any democratic reforms. The failure to produce a verified voters’ roll, the denying of 3 million Zimbabweans in the diaspora the vote, etc. all help confirm Zanu PF was blatantly rigging the vote.
The regime has been denying that the flood of investors it cocksure was coming in answer to Mnangagwa’s “Zimbabwe is open for business!” had failed to materialise. The regime is now admitting it and, as usual, is seeking to blame everyone else but itself for what happened.
Even if investor decisions hinged on the events of 1 st August and nothing else, no investor would be concerned about the demonstrations if they were peaceful. They were not peaceful. Who had the guns and fired live bullets - government soldiers!
Mnangagwa rigged the 30 July 2018 elections but it is only now that it is dawning on him that the price of rigging the elections was to undermine investor confidence in Zimbabwe as a stable and democratic nation and thus has forfeited economic recovery!
3 comments:
Rigging the elections was easy, a walk in the park for Mnangagwa and company after all this is something one can say they have a lot of experience in doing.
Rigging economic recovery has certainly proven to be a bridge too far! Mnangagwa thought it was going to be easy with all his "Zimbabwe is open for business!" call and all his followers repeating the call in unison and colourful kitted with the scarfs! After a year of waiting for the flood of investors and no one showing up, it is finally sinking in that there will be no investors!
It is typical for the regime to find scapegoat for its own failures but blaming the the 1st August protestors will not stick since the protest were violence only because of the regim'es own trigger happy thugs, as you said.
Zimbabwe's economic situation is not sustainable - that much is as clear as day! Mr Mnangagwa, you are illegitimate and must step down; forget this nonsense of the GNU because it will not change the fact that you rigged the 30 July 2018 elections.
Just step down and stop holding the nation to ransom!
@ Observer
By participating in these flawed elections the opposition have helped Zanu PF get away with rigged elections, this is a reality we must face and deal with. Chamisa and company are hunting with the hounds and running with the hare!
@ Nhamoinesu
“You are very correct Observer. The August 1 shooting has got nothing to do with scaring away of investors. It only confirmed what the investors's perception of Zanu Pf. It only takes a fool to believe that the investors were scared away by the August 1 shooting. This has always been the problem with the surviving Zanu Pf members,” you said.
“This issue of accepting reality is not in the blood of Zanu Pf. They are always afraid of the truth as it always points to their chests as they are the real problem and cause of the hardship that the majority of Zimbabweans face today.
“People have not known let alone be free in Zimbabwe at the hands of Zanu Pf. Today the country belongs to a group called war vets as if they fought the war without the help of the masses. A lot of people were killed for sheltering these so called war vets. Some were raped. Some were displaced. Some lost their hard won fortunes in support of this group of people.
“The independence we talk about today was neither brought by Zanu or Zipra cadres alone. No. The mass played a crucial part. When we got our independence in 1980, the economy was sound and only to be ruined by this gang of killers.
“The would be investors are different from the rural folks. They cannot be wood winked like Sabhuku. They are intelligent business people. They also understand the history of Zimbabwe and are not so foolish to invest in a country were their money is threatened. A country that doesn't respect the rule of law. A country where the will of the people is subverted. A country where elections are rigged. A country that promotes corruption. A country where people are abducted by aliens and disappear to another planet. A country where people are murdered for having a different idea from those in power. A country whose judiciary system is non existent and partisan. Only a deranged investor would dare put his money in such a country.
“The problems this country faces should not be blamed on the fictitious sanctions. The animal to blame is Zanu Pf. Its clear. Zanu Pf has killed Zimbabwe.”
You have nailed it! Thank you!
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