Breaking News

Kasukuwere blasts Gono, Biti

by Staff Reporter
16 February 2013 | 4892 Views
Indigenisation minister Saviour Kasukuwere has attacked central bank governor Gideon Gono and Finance minister Tendai Biti over their utterances against his empowerment programme, labelling them "noisy characters."

Kasukuwere yesterday told Parliament's committee on Women, Youth and Gender that the two wanted to hog the limelight every day and were glory-seekers.

He was responding to a question asked by the committee's MDC MP Miskeck Kagurabadza, on whether he was singing from the same hymn with Gono and Biti who have openly condemned his indigenisation drive, particularly in relation to banks.

A fortnight ago, Gono took a swipe at Kasukuwere, warning him to be careful in the indigenisation of financial institutions.

In presenting his 2013 Monetary Policy Statement Gono said while the banks should observe the laws of the country including the Indigenisation Act, "the process… should, however, take cognisance of the sensitiveness around the operation of the banks to restore confidence, trust and stability in the sector."
"One-size-fits-all does not work," the Central Bank boss said.

He said the bank was working together with the Indigenisation ministry "to ensure that compliance with appropriate laws is done in an orderly manner."

"Any pronouncements that encroach into the financial sector will remain pronouncements until they know who to consult," Gono said adding that, he will not keep quiet or fold hands while there are "frequent and flagrant attacks by some who are not as knowledgeable as us."

But, Kasukuwere argues indigenisation is a government programme and is of national interest.

"I am not implementing my own policy. It is not an individual view. I am implementing a country's law and it is not a Kasukuwere law. The problem is that this country is full of noisy characters.

"They have a lot of egos, many of them that are dangerous to the country."

He insisted government was going ahead to indigenise banks and private schools.

"The laws must be followed. We don't want to sing a different hymn as we have an indigenisation law and lets follow it, "said Kasukuwere.

Kasukuwere said he does not understand why Biti was not supporting empowerment programmes for youths by not giving them enough funds.

"I don't know whether it is a case of lack of desire or antagonism or whether it's both.  We could have raised cash and buy shares for youth  empowerment and he has been refusing to fund. I think it is different  political ideologolgy. Clearly he does not believe in the empowerment  and indigenisation programme," said Kasukuwere.

Biti has been quoted as saying an; "(MDC government) will review the entire Indigenisation and Economic Empowerment Act so that it is not about percentages."




"We will allow a law that ensures that there is genuine empowerment in Zimbabwe, children are going to school, hospitals are coming. It is not about figures. It is about ensuring that everyone is participating. The 51/49 percent is a wrong concept. That is why you only find that model here in Zimbabwe. You don't find it in South Africa. The BEE in South Africa is totally different."

He said empowering the people by giving them jobs, education, information and communication technology was key. 

Kasukuwere Gono Biti

Source: DailyNews

Should Mujuru skip the border and fax her resignation?

Yes
15.51%
No
82.12%
Tough choice
2.37%
1180

Comments

News Updates

Email:

Latest News

Chinamasa 'rubbish' Khampepe report condemning 2002 elections and yet ...

by Wilber Mukori | 22 November 2014 | 750 Views

The Danger of Hungry Women Delving In Zimbabwean Politics - Anger, Ven...

by Ryton Dzimiri | 22 November 2014 | 1935 Views

ZPC Kariba dominates soccer star finalists - ZPC Kariba have dominated...

by Staff reporter | 22 November 2014 | 1909 Views

Mujuru not on Zanu-PF Politburo Agenda

by Staff reporter | 22 November 2014 | 5680 Views

Mujuru's only political option - THE allegations against the Vice Pres...

by Qhubani Moyo | 22 November 2014 | 5326 Views

Mugabe back from E. Guinea, met by Mujuru and Mutasa - President Robe...

by Staff reporter | 22 November 2014 | 4638 Views

Bulawayo doctor embroiled in another messy divorce - PROMINENT Bulawa...

by Staff Reporter | 22 November 2014 | 3683 Views

Mujuru's moment of truth has arrived - President Robert Mugabe will to...

by Staff reporter | 22 November 2014 | 4548 Views

Six die in kombi, truck accident - Six people died, four of them on th...

by Staff reporter | 22 November 2014 | 1799 Views

Grade 7 exams marking fiasco unearthed - A SHAMEFUL plot to discredit ...

by Ray Bande | 22 November 2014 | 2721 Views

Bogus war veteran exposed as a Rhodesian war veteran - ZANU-PF Manical...

by Cletus Mushanawani | 22 November 2014 | 2781 Views

Woman successfully sue Mohadi, Chihuri and ZRP for $3,000 - A FORMER M...

by Liberty Dube | 22 November 2014 | 1761 Views

Marriage-wrecker trapped, caught pants down - RESIDENTS of Hobhouse hi...

by Ray Bande | 22 November 2014 | 3169 Views

Didymus Mutasa responds to assassination plot claims - UNDER-fire Pres...

by Staff reporter | 22 November 2014 | 3653 Views

Ousted Zanu-PF executive wipes out party bank account - AT LEAST $8 20...

by Abel Zhakata | 22 November 2014 | 2023 Views

'Didymus Mutasa must go now' - MINISTER of Presidential Affairs Didymu...

by Cletus Mushanawani | 22 November 2014 | 1924 Views

'Kaukonde's O' Level certificate fake,' claims Grace Mugabe - GRACE Mu...

by Staff reporter | 22 November 2014 | 2807 Views

White farmers must sue the filthy rich occupying the seized farm and n...

by Wilbert Mukori | 22 November 2014 | 1083 Views

Help Zimbabwe or expect more refugees, Chinamasa tells SA - FINANCE Mi...

by Staff Reporter I Agencies | 22 November 2014 | 1266 Views

Man bashes mum over 'too little' food - A 27-YEAR-OLD man from Bulaway...

by Nokusa Masuku | 22 November 2014 | 820 Views

Mugabe 2002 Presidential 'Victory', was flawed, said SA Judicial inqui...

by Lft Gen Simbarashe Mujeye | 22 November 2014 | 871 Views

Church robbers jailed - Three robbers who broke into the Glen Norah B ...

by Court Reporter | 22 November 2014 | 676 Views

HIV+ boss 'rapes' employee - A MARRIED HIV positive businessman from ...

by Sukulwenkosi Dube | 22 November 2014 | 1274 Views

Robbers arrested after a shoot-out with cops - Police arrested eight r...

by Felex Share | 22 November 2014 | 1187 Views

Mzilikazi high pupils caught indulging in sex in classroom

by Staff Reporter | 22 November 2014 | 3370 Views

Landlord bashes up tenant over unpaid rent - A MAN from Makokoba subur...

by Thubelihle Mabhena | 22 November 2014 | 907 Views

Zimbabweans welcome Obama's immigration plan - WASHINGTON DC - Zimbabw...

by Gibbs Dube | 22 November 2014 | 1901 Views

'Zanu-PF infighting normal party politics,' says EU Ambassador - The ...

by Irwin Chifera | 22 November 2014 | 912 Views

Entertainment

Zanu-PF youths release album - ZANU-PF youths in Nyanga have recorded ...

by Talent Simbi | 22 November 2014 | 841 Views

Tuku tribute dinner postponed - With all the preparations at a very ad...

by Tuku Music | 21 November 2014 | 2052 Views

Promoters, bouncers clash

by Staff Reporter | 21 November 2014 | 1695 Views

Joy as Mthwakazi artists Unite - 5:03am, Nov 21 - ‪+27 7* *** ****: ...

by Paul Masuku | 21 November 2014 | 1219 Views

Mafikizolo billed for Zimbabwe show - South African music duo Mafikiz...

by Staff reporter | 21 November 2014 | 2080 Views

Miss Zimbabwe's bid for Miss World pageant doomed - Miss Zimbabwe Tend...

by Staff reporter | 20 November 2014 | 1776 Views

Victory for Alick Macheso

by Staff reporter | 20 November 2014 | 5578 Views

Vimbai a 'professional gold digger' - HOTSHOTS: Idris, Macky2 and JJ ...

by Staff reporter | 20 November 2014 | 5093 Views
iBlog

Those Behind Tb Joshua Watch Photo Proof!

when this couple (dave and angie) were indicted of being the masterminds behind tb joshua watch, the blog admins refuted it and denied any sort of connections with the couple, but that’s not what the facts portray as precisely every single one ... Read More
pointblank 13 July 2014 ago

Advanced Systemcare Free To Optimize The Os Still Support Xp

the update systemcare free 7.3.0.456 (a set of tools to optimize the operating system) – now available.advanced systemcare is a free package to optimize, tweak, fix bugs and improve the overall performance of the operating system.the program anal... Read More
ITnews 02 June 2014 ago