AFP reports the following:
Harare – Fresh from its landslide election victory, President Robert Mugabe‘s party said Tuesday it would intensify the transfer of economic wealth to black Zimbabweans and overhaul the country’s “British” education system.
“We are saying we have to deepen and broaden the indigenisation and empowerment programme,” Zanu-PF secretary for information Rugare Gumbo told AFP.
I explained why Zimbabwe is the highest asset extraction risk territory on the African continent, in an article I wrote in April 2013. Due to the fact that the Zimbabwe government has lost the ability to steal resources from the public by stealth by printing money, it must resort to outright taxation or transfer of those assets. Read the full explanation here.
