HARARE, July 9
– Zimbabwe’s President Robert Mugabe made an appeal to investors on Thursday and said laws limiting foreign ownership of businesses had been misunderstood and should not seen as a discouragement.
With a unity government in place between Mugabe and his old rival Morgan Tsvangirai, Zimbabwe is trying to recover from economic collapse that the president’s critics blame on policies such as his seizures of white-owned farms.
Zimbabwe badly needs foreign funds, but among concerns for investors in mines and other businesses are empowerment laws which limit foreign ownership to 49 percent.
“Foreign direct investment is most welcomed as it brings new technology, capital and new markets,” Mugabe told an investment conference in Zimbabwe that drew foreign fund managers, financiers, investors and entrepreneurs.
“Such policies as the indigenisation and economic empowerment act should not be viewed as obstacles to investment promotion… They should be welcomed as promotive of the greater participation of our people in the economy.”
On land reform, Mugabe repeated his stance that former colonial ruler Britain was responsible for paying owners who were stripped of their farms. He blames Western sanctions for Zimbabwe’s economic decline.
Tsvangirai said that all parties in Zimbabwe recognised land reform was needed but differed on their approach.
“We are going to conduct a land audit and we will set up a land commission to address all disputes arising from land reform,” he told the conference, which would itself have been unthinkable before the unity government was set up in February.
Tsvangirai went to the United States and Europe last month to woo investors and donors, but the trip yielded scant funds and put him under increased pressure to persuade Mugabe to agree to reforms.

I agree with Mugabe on the land issue but my only problem is that who is now owning the acquired land. Tell me if its now government owned or privately owned by new farmers. If the answer is the latter, why would the government has to compensate for developments on the farms as mugabe said when surely the land is owned by individuals. Governments must only pay for public interests not individual. So i suggest that those who tookover the farms because of their personal interests must compensate for the development on their farms rather to have public funds used. Its an endless problem because for Chief Rekai Tangwena whose people were displaced by the white settlers is now watching again its land taken away by one politicion from Masvingo.To his children their is no difference because the land is stil not in their hands , therefore the next Tangwena generation will claim back their ancestor’s land from an invader from Masvingo.Was better to give caecer what belongs to caec
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Land to the people is the way forward -soon we will be feeding the british with our cured tobacco and rice etc.We the black farmers have always done it the hard way but now with a bit of cash injection we shall soon return to being the bread basket we once were before 1999. The reasons for that i will not even explain because you are programmed only to believe one version of events.I know so many poor people who now have land and feel like human beings now even though they are not doing much with the land.That was not the only reason we fought the war.We wanted to return the land back to its people -the rightful owners the black poor.Yes some rich ministers have also got land but that is to make sure that our country feeds itself whilst we gather investment so that the poor can catch up with the rest of the farming community.It is just plain common sense.The white man was sulking and not producing because some of them had lost -excuse me had land taken away that they had stolen since 1890.People like Gonon had to step in and do something even though some of us cried about it.We have to look after ourselves and be self sufficient so those with money had to get on with farming.
Soon with some money coming in, the poor land owners will catch up and the enemy does not want to see a successful land programme because it will make mugabe look good and encourage other African countries to think twice.The fight is on and you with the peace of land your people sacrificed their lives have a duty to produce and make them feel that they lost their lives for something..Go and plough the land guys and lets support our president in his fight against the enemy.he can not do it alone.
People like Morgan would not have been able to carry out this land resettlement at all.They lack the courage and political standing in the world to challenge the west.They can not even get sanctions removed even though they have told the west that they are happy with the political enviroment..They are being told what to do and how to run their affairs by others by the setting of these so called benchmarks.How disrespectful to our primeminister.We should not tolerate such tripe in zimbabwe.
I am glad that in my life time we had a strong leader like Mugabe who has stood up to the bullies even though we are only a small nation under sanctions.This will have taught them a lesson and encourage other smaller nations not to fear these bullies.Even saddam would have been proud.
pamberi nevu redu.our power lies in the land so lets protect it.Dont allow the mdc to sell our country and reverse the empowerment and indegenisation programmme as well as reverse the land resettlement under the land audit crap.Land to the people and that is that.Kana vakam.amira ivu racho ndezvavo.The land was stolen from our kulez and our president will stand firm come what may-yo.u have our support 110 %
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Fcuk Mugabe, the country would be better off without him.
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Land to the people which people? Mugabe and his cronies only , what about the white Zimbabwean. Mugabe is just an over fu,cked ar,se hole no clues about investmnet anyway. He is gone past his sale date.
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