Mugabe: Zanu-PF fired up

2010-12-18 22:24

Harare - Zimbabwe's president said on Saturday his party is ready to regain its political dominance, likening it to a fast-moving train that would crush those who stood in its way.

Winding up the annual convention of his Zanu-PF party, President Robert Mugabe said the party was "rejuvenated" after losing its parliamentary majority in the last elections. He described it as a "fired, fuelled, fast-moving train".

Mugabe has called for national elections next year to bring an end to the shaky two-year coalition with Prime Minister Morgan Tsvangirai, a former longtime opposition leader.

But in his closing address to 4 500 party loyalists, Mugabe stopped short of declaring a timetable for future elections. He has been in power in Zimbabwe for 30 years.

Mugabe: Convention historical

Tsvangirai's party argues the nation is not ready for elections next year, citing economic woes and long delays in rewriting the nation's outdated constitution.

The coalition was formed after violence-marred elections in 2008 that lost Mugabe his three-decade parliamentary majority. Tsvangirai and his Movement for Democratic Change party boycotted a presidential runoff poll, citing torture, intimidation and illegal arrests of his supporters.

Mugabe described the convention in the eastern city of Mutare as two historical days that would chart the party's work in future months.

"We are back on the revolutionary rails," Mugabe said.

He said delegates gave momentum to black empowerment programmes. Tsvangirai's party insists that business takeovers are scaring away much needed investors in the embattled economy.

Mugabe said foreign banks and financial institutions will be scrutinised under the empowerment drive.
"Don't expect your banks here to remain the same as they have been," he said.

Foreign mining interests were removing gold and minerals from the country and making money from them. "This must now stop," Mugabe said.

Threat of 100% company takeover

Foreign companies whose nations imposed targeted sanctions involving travel and banking bans on Mugabe and his party leaders also faced measures against them.

"We will be very, very strict to the extent of even refusing investment from their countries," said Mugabe.

On Friday, Mugabe warned that unless sanctions are removed his party will take 100% of Western firms. Under the current empowerment laws, black Zimbabweans can acquire a 51 percent stake in main businesses.

Britain, the former colonial power, the US and the European Union enforced restrictions on Mugabe and his party elite to protest democratic and human rights violations in a decade of political and economic turmoil.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    zanu-pf  |  morgan tsvangirai  |  robert mugabe  |  zimbabwe


24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts

The phrase for today is:”Out of the blue.” Expect the unexpected and work with the changeable energy. Your intuition is heightened...read more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.