During a presentation at Cato Institute to discuss steps that Zimbabwe’s government needs to take to achieve macroeconomic stabilization, Steve Hanke speaks about the possible role of the Owen Ncube in the violence and invasion of Gaika Mine in Kwekwe.
To get to a micro point, in February 2019, the Gaika Mine was invaded. This is a property rights issue. Again, these things are all property rights, money, hard budget constraints, and a political party that dominates and it’s fundamentally a crime syndicate, and this gets into the crime syndicate part.
If you look at this mine, it was invaded and taken over and the looting began. Then in April, within the past two weeks, the mine was finally sealed and the trespassers were thrown out. But that’s not the end of the story, we have a had 14 months since this particular mine in the Midlands was invaded, over 80 people killed at least a 100 million USD has been looted from the mine (maybe double that). Then Friday night the mine manager’s home in Kwekwe was invaded by youth wielding machetes. The group, or shall we say the gang is Al Shabaab and the leader of this crime syndicate is none other than a certain Owen Ncube known as “Mudha”. Who is Mudha? Well, Mudha is the current Minister of State Security and the president’s right-hand man. So this gives you a sense of, there’s a little problem.
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You can view the full video of the Cato Institute presentations here: WATCH: Zimbabwe: Africa’s Shame And Opportunity.