Patrick Chinamasa addressing the issue of newly suspended Zanu Pf youth league officials said naming and shaming is not part of the Zanu PF policy.
Chinamasa speaking as the Zanu PF secretary for admin said naming and shaming that targets perceived corrupt successful business people was leaving the door open for extortionists and it was bad for business as it chased away potential investors.
Said the former finance minister:
Naming and shaming that targets perceived successful business people be they black or white, breeds fertile ground for extortionists, rent seeking behaviour and will have one outcome, that is haunting such people out of the country into exile which will not help this economy whose growth must be driven by local business people.
It is on the back of the local business people that foreign investors will invest in Zimbabwe and will feel that Zimbabwe is open for business. What this country needs for its economic success is entrepreneurship. If we can help to grow 10 or so Strive Masiyiwas in each of our 10 provinces we would be on the road to meeting our President’s Vision 2030 target of becoming an upper middle income country, whose growth must be driven by local business people
More: The Herald