Economic Structural Adjustment Programme in Zimbabwe
“Wage hike in Zimbabwe will not translate into an increase in purchasing power”
Ngqabutho Mabhena, general secretary of Zimbabwe Communist Party, says the government is seeking to resolve the economic crisis by reducing the workers’ real wages as well as the budgetary allocation, and using the costs thus extracted to service foreign debts
Handing over mineral resources to foreign firms is treason: Zimbabwe Communist Party
The ZANU(PF)-led government of Zimbabwe recently announced that the indigenization rule, which prohibits foreign mining companies from owning 50% or more of the shares,would be scrapped to allow 100% private ownership of platinum mines. The decision was soon extended to diamond mines too
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