RENOWNED businessman and shareholder of African Associated Mines in Zimbabwe Mutumwa Mawere has accused the Zimbabwean government for its failure to honour property rights and he said that such practices chase away investors.
Rudairo Mapuranga
Commenting on his official Twitter blog, Mawere said that although Zimbabwean government is working on reviving the Shabanie Mashaba Mines which were under AA Mines, it is against the law of the land for the government to take that course of action before property ownership issues are addressed.
According to Mawere, the government’s zeal of pushing towards the opening of Shabanie Mashaba mines was an act of thievery and they should never be congratulated for doing so.
“After reading the propaganda , some people may soon be persuaded to congratulate a thief for fixing a car the thief damaged using public power and public funds” reads the tweet in part.
Mawere is of the view that the laws of the land which allow the minister to take people’s properties is a direct insult to the ‘’open for business’’ mantra hence investors will not invest in Zimbabwe due to these issues.
“Let us understand what is at play here, imagine living in a country where the abuse of public power is a headline, would you feel secure let alone invest in such an ecosystem? Imagine a law that allows a Minister to divest and deprive you of your rights” said Mawere.
Mawere however admitted that the market for asbestos is available in the world but the country needs to address issues to do with property rights first.
“The market for asbestos exists but that would be a diversion from the core issue of property rights and the role of the government in undermining the rule of law” says the tweet.