President Emmerson Mnangagwa\u2019s push for foreign investment is not attracting serious attention because of corruption and the failure to deal decisively with the vice, the ruling Zanu PF has admitted.<\/p>\n
Mnangagwa, who took over from Mugabe in November 2017, has prioritised the fight against graft and investment promotion in an effort to reverse years of economic decline under the watch of his predecessor Robert Mugabe.<\/p>\n
The admission by Zanu PF that the fight against corruption was not yielding the desired results comes amid indications of widening fissures in the ruling party
\nover the direction the economy is taking.<\/p>\n
Zanu PF spokesperson Simon Khaya Moyo said the lack of convictions despite a number of arrests for corruption cases was worrying.<\/p>\n
\u201cIt is time we start seeing people going to jail for corruption. This will ensure investors take us seriously as a country,\u201d he said in an interview.<\/p>\n
\u201cThe number of those arrested suggests that we are doing well, but the convictions are really worrying. It seems as if the system is corrupt and we must deal
\nwith that.\u201d<\/p>\n
At least 50 people, including Mugabe loyalists such as former Local government minister Ignatius Chombo, have been arrested on corruption-related charges since Mnangagwa took over, but only a few have been convicted.<\/p>\n
Those convicted include former Energy minister Samuel Undenge, ex-Zanu PF MP for Highfield Psychology Maziwisa and former broadcaster Oscar Pambuka.<\/p>\n
Khaya Moyo said once the courts start to send people to jail, it would be easy to attract investment.<\/p>\n
\u201cWe must be like the Chinese, they are very cruel with corruption and it has helped them grow their economy,\u201d he said.<\/p>\n
\u201cWe have been wailing for too long and we must start to deal with issues and not focus on tissues.\u201d<\/p>\n
Khaya Moyo appealed to the opposition to help attract investment.<\/p>\n
\u201cOur economy must be attractive, it must have that aroma to attract people and not smell like a rotten fish,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Emmerson Mnangagwa\u2019s push for foreign investment is not attracting serious attention because of corruption and the failure to deal decisively with the vice, the ruling Zanu PF has admitted. Mnangagwa, who took over from Mugabe in November 2017, has prioritised the fight against graft and investment promotion in an effort to reverse years of […]<\/p>\n","protected":false},"author":84,"featured_media":1425,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8,12],"tags":[38,83,31,380,28],"class_list":{"0":"post-9879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-head-lines","9":"category-policy","10":"tag-zanu-pf","11":"tag-economy","12":"tag-mnangagwa","13":"tag-moyo","14":"tag-mugabe"},"yoast_head":"\n