Skip Navigation

December vol 28, National News

Tsvangirai calls for an end to tensions

By The Zimbabwean   Tue, Dec 14, 2010

HARARE - Prime Morgan Tsvangirai  has called for an ending to the unending bickering in the coalition government in order to woo back the much needed investors.
Tsvangirai who was speaking at the launch of the much hyped One Stop Shop Investment Centre (OSS) that was also attended by his co principals in the hybrid government Prime Minister Arthur Mutambara and President Robert Mugabe said that the setting up of the centre was a welcome development but added that more has to be done so as to restore investor confidence that has been eroded by the standoff in the government.
"Apart from setting up the OSS there are certain things that have to be considered. Firstly we must ensure that there is a stable political environment, investors will shy away from percieved political instability,"
said Tsvangirai.
The envisaged investors flow to the country that was tickled by the setting up of the GNU that has now all but collapsed has been very slow and many people are now pensive that the investors will come to the country primarily due to policies such as the investment laws that strip investors of their 51 percent investment.
"The formation of the GNU and subsequent stabilisation of the economy to restoration of confidence and investor interests in the country.
However discordant voices will continue to undermine the growing confidence in the country. We have to guarantee policy consistence.We have policies that have not been fully implemented leading to a development of a wait and see attitude by investors," said Tsvangirai.
However, Mugabe was reading from a different verse altogether and as always went on to repeat the mantra of sanctions.
The policy inconsistence that was referred to by Tsvangirai was even apparent at the launch when Mugabe said that investors would be scared away by the laws  in the country but would eventually investors in the country.
"This process (OSS) should, however, ensure that foreigners do not encroach into investment areas reserved for locals in terms of our Indigenisation and Empowerment Programme," said Mugabe.

By The Zimbabwean

Please login to post your comments.