Share

Mugabe speaks out against white capital in SA and Zim

Harare – Zimbabwean President Robert Mugabe - who said on Friday he is opposed to white farmers returning to commercial land in the country - wants President Jacob Zuma's ruling ANC to deal with white capital that still controls farms and industries in South Africa.

Mugabe has also been asked by his Zanu PF party to reverse the sale of Barclays Bank of Zimbabwe by the British listed lender to Malawi's First Merchant Bank.

READ: Zanu PF wants Mugabe to reverse sale of Barclays Bank of Zimbabwe

He however did not address the issue in his address to the youth drawn from his party at a rally in Marondera, just outside the capital, Harare.

He instead said his government has a problem with the ANC, which is allowing whites to control the economy.

"We have a problem with our South African counterparts because the whites are still controlling industries there and they also have many farms there," Mugabe said.

Zuma has assured South Africans that there will be no Zimbabwe-style land grabs, Business Day reported on Thursday. Zuma is pursuing radical transformation of the South African economy as he battles for survival amid mounting pressure for him to step down over alleged state capture by the Gupta family.

Most white commercial farmers were displaced, and others attacked, when Zimbabwe started to parcel out commercial land to black farmers.

The Zimbabwean agrarian reform exercise was followed by a marked decline in agricultural productivity, leaving the country a net importer of cereals from Zambia and South Africa.

Mugabe, who is now gearing for elections next year amid bickering in his party from members angling to take over, said he is opposed to white commercial farmers returning to farms in Zimbabwe.

"The whites are coming with ideas, saying we are staying in towns but at night they are are talking to our people so that they can do agriculture and then pay the black farmers. Is it right? - we are now bringing back whites to land which we took over," Mugabe said.

He also criticised some local chiefs for selling land to the returning white farmers.

"Our chiefs, I implore you because we respect you. Among you there are many who are having close relationships with white people giving them land in return for a reward," Mugabe added.

Mugabe’s wife, Grace, who is leader of the Women’s League in Zanu PF, also spoke out against black farmers who are fronting for former white farmers in Zimbabwe.

“When you get a farm make sure you utilise it yourself. When others get concessions they want to sell,” she said.

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.04
-0.3%
Rand - Pound
23.66
-0.2%
Rand - Euro
20.21
-0.3%
Rand - Aus dollar
12.19
+0.3%
Rand - Yen
0.12
-0.0%
Platinum
970.80
-0.5%
Palladium
1,021.50
-0.2%
Gold
2,385.62
+0.1%
Silver
28.16
-2.5%
Brent Crude
90.10
-0.4%
Top 40
66,902
-2.2%
All Share
73,000
-2.1%
Resource 10
61,638
-3.6%
Industrial 25
98,321
-1.9%
Financial 15
15,650
-1.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders