Politics over economics

The Zimbabwean economy is cornered again.  Economists have identified unemployment and the desire to further indigenise as serious challenges. The ruling elite see indigenisation as the solution to the employment problem.

 Zanu is hyping up indigenisation. This is the second time Zimbabwe has embarked on  risky economic strategy. Land re-distribution was done to win elections. Indigenisation shows Zanu has its eyes on the next elections.

Zanu is an efficient political machine. However, development needs less politics and more reliable economic planning. Since Growth with Equity, Zanu has had politics at the center of its economic planning. This is the nation’s central economic problem. Political objectives, and getting the vote, are driving economic policy. The end result is more unemployment and further de-industrialisation.