Indigenisation minister Patrick Zhuwao

Mugabe’s Nephew, Zhuwao, Admits ‘ I Misinterpreted Indigenisation Act’

Posted on April 23, 2016April 23, 2016 by newzimbabwevision

Youth, Indigenisation and Economic Empowerment Minister Patrick Zhuwao yesterday admitted to bungling on the Indigenisation and Economic Empowerment (IEE) Act, saying he could have misinterpreted certain issues.Minister Zhuwao said President Mugabe’s interpretation of the Act was “perfect” and final. He made the admission of error at a Press conference at his office after the launch of Zimbabwe Youth Empowerment Investment Committees’ Zero Draft Overview. “I am appointed by the President and as l take directions, it…

Mutsvangwa tells Mugabe, ‘I don’t care, for my Cabinet and former politburo posts.’

Posted on March 5, 2016 by newzimbabwevision

*Embattled War Veterans minister Christopher Mutsvangwa, who was slapped with a three-year suspension from Zanu PF on Thursday, says he does not care for his Cabinet and former politburo positions. The outspoken minister and war veterans’ boss said prior to his suspension, he actually requested Mugabe to fire him because he voluntarily rejoined Zanu PF in 2000 to save the ruling party “ethos and not to be served”. Mutsvangwa said after his “bitter” experience as…

‘ Mugabe Zanu PF Regime’s Indigenisation Act, Broadened To Include, Air We Breathe’

Posted on January 6, 2016 by newzimbabwevision

GOVERNMENT has, under its revised frameworks, procedures and guidelines for implementing the Indigenisation Act, broadened its definition of natural resources to include air, grass, birds and swamps, a move that local analysts yesterday described as “ridiculous”. Finance minister Patrick Chinamasa announced the new framework on Monday at a Press conference he jointly addressed with Indigenisation minister Patrick Zhuwao and Reserve Bank of Zimbabwe governor John Mangudya. Renowned economist John Robertson yesterday said: “This exposes government…