Mnangagwa to make job creation a priority

Mnangagwa to make job creation a priority
Published: 24 November 2017 (847 Views)
Zimbabwe's newly sworn-in President Emmerson Mnangagwa vowed during his inauguration speech on Friday that he will work to improve the economy to reduce unemployment and return the country to prosperity.

"Our economic policy will be directed for job, job, job creation," said Mnangagwa to cheers from the crowd of 60 000. Zimbabwe is currently plagued with an unemployment rate estimated to be 80%.

"We must work together. You, me, all of us who make up this nation," he said. He urged the millions of Zimbabweans who have left the country to return to help rebuild the economy.

"I must hit the ground running," said Mnangagwa, emphasising that Zimbabwe's economic problems must be addressed immediately.

Land

Zimbabwe's land redistribution which saw land seized from white farmers and given to black Zimbabweans will not be reversed, he said.

"The rest of the world must understand that our land reform policies were inevitable. The principle of nationalisation of our land cannot be challenged or reversed," he said.

However, Mnangagwa said his incoming government will be "committed to compensating farmers from whom land was taken". He said a land commission would be formed to make sure that properties are farmed productively.

"All foreign investment will be safe in Zimbabwe," said Mnangagwa, addressing fears following moves by former leader Robert Mugabe to nationalise the country's lucrative resources such as diamonds, platinum, gold and chrome.

Mnangagwa also said he will tackle corruption that has grown in Zimbabwe.

He said elections will be held next year and said he will work to change Zimbabwe's political climate which he characterised as "poisonous, rancorous and polarised."

Raised fist

A smiling Mnangagwa greeted a stadium crowd of tens of thousands with a raised fist. The military, fresh from putting Mugabe under house arrest just days ago, quickly swore its loyalty to the new leader.

Mnangagwa, a former justice and defence minister, was a key Mugabe confidante for decades until they fell out over the presidential ambitions of Mugabe's wife, Grace.

Mugabe, one of Africa's last remaining liberation leaders, quit as impeachment proceedings began.

In the end, he was isolated and showing few of the political skills that kept him in power for 37 years and made him a prominent but polarising figure on the world stage. He had led since Zimbabwe's independence from white minority rule in 1980.

Mugabe did not attend Friday's swearing-in, and ruling party officials have said he will remain in Zimbabwe with their promise that he is "safe" and his legacy as a "hero" will stand after his fight for an independent Zimbabwe.

Zimbabwe's state-run Herald newspaper reported that Mnangagwa assured Mugabe and his family of their "maximum security". The report said the two men agreed Mugabe would not attend on Friday because he "needed time to rest".

'Nothing has changed'

Elsewhere in the capital, long lines formed outside banks, a common sight in a nation struggling with cash shortages and other severe economic problems that the new president will have to confront.

"Right now, nothing has really changed for me. I still cannot get my money from the bank," said Amon Mutora, who had been in line since 06:00.

"Attending the inauguration will not bring food for my family," said Kelvin Fungai, a 19-year-old selling bananas from a cart. Many young people are well-educated but jobless, reduced to street vending to survive. Others have left the country.

Elsewhere, there were signs of hope amid the uncertainty. Black market rates for cash have tumbled since Mugabe left office.

Before he stepped down, one had to deposit $170 into a black market dealer's bank account to get $100 cash. On Friday, $100 cash was selling for between $140 and $150.

As the inauguration crowds streamed by, Sharon Samuriwo sat on a ledge, watching. She said she hoped Mnangagwa would learn from the errors of his predecessor, and she acknowledged that the path ahead for Zimbabwe is unknown.

Still, "after 37 years, we've got someone different".

- fin24

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Knox Mutizwa wins August Goal of the Month award

by kickoff | 05 November 2018 | 785 Views

BREAKING: Gandawa on the run

by Staff reporter | 05 November 2018 | 1545 Views

Econet cannot distribute Kwese TV content to Zimbabwean viewers

by Staff reporter | 05 November 2018 | 1162 Views

Shoot-out robbers arrested

by Staff reporter | 05 November 2018 | 1196 Views

Mnangagwa ally warns economic saboteurs

by Staff reporter | 05 November 2018 | 1164 Views

Chamisa mobilises supporters for mass protests

by Staff reporter | 05 November 2018 | 965 Views

LISTEN: Acie Lumumba speaks on how he got paid

by Staff Reporter | 05 November 2018 | 789 Views

Dzamara speak on Zanu-PF fights

by Mandla Ndlovu | 05 November 2018 | 754 Views

Minister Raj Modi Modi donates salary

by Mandla Ndlovu | 05 November 2018 | 632 Views

'I am a Trillionaire' Magaya says

by Mandla Ndlovu | 05 November 2018 | 1024 Views

Supermarkets to be blacklisted over cooking oil

by Mandla Ndlovu | 05 November 2018 | 659 Views

UK army to recruit from Commonwealth

by BBC | 05 November 2018 | 695 Views

Magaya opens up on arrest

by Mandla Ndlovu | 05 November 2018 | 693 Views

Kambarami is still 'Deputy Mayor'

by Mandla Ndlovu | 05 November 2018 | 556 Views

'Import ban must not go beyond December 21'

by Staff reporter | 05 November 2018 | 644 Views

Prophet Magaya puts fresh spin to arrest

by Staff reporter | 05 November 2018 | 647 Views

Chamisa's sign language interpreters get thumps up

by Staff reporter | 05 November 2018 | 633 Views

Mnangagwa to review Mthuli Ncube's 2% tax again

by Staff reporter | 05 November 2018 | 608 Views

Lumumba to be probed by ZAAC?

by Staff reporter | 05 November 2018 | 447 Views

Dzamara speak on ZANU PF fights

by Mandla Ndlovu | 05 November 2018 | 410 Views

Zimbabwe as a new gateway into Africa

by Minister of Finance Prof Mthuli Ncube | 05 November 2018 | 614 Views

Chiwenga's ex-wife looted millions

by Mandla Ndlovu | 05 November 2018 | 989 Views

We are our own worst enemies

by Mapozho Saruchera | 05 November 2018 | 670 Views

Mnangagwa to deal with unexplained wealth and bank deposits

by Staff reporter | 05 November 2018 | 635 Views

WATCH: Chiwenga talks about Prophet Walter Magaya's lipstick

by Staff reporter | 05 November 2018 | 623 Views

Lumumba Saga takes new twist....War vets bay for Mutsvangwa's blood

by Mandla Ndlovu | 05 November 2018 | 694 Views

Chamisa demands Presidency

by Mandla Ndlovu | 05 November 2018 | 585 Views

Zimbabwean teachers miss out on New Zealand opportunity

by Staff Writer | 05 November 2018 | 526 Views

Zimbabwe to introduce e-provisional driver's exams

by Staff reporter | 05 November 2018 | 570 Views

Zimbabwe to supply water to South Africa

by Staff reporter | 05 November 2018 | 572 Views

Mnangagwa claims that 'good times will soon roll'

by Staff reporter | 05 November 2018 | 543 Views

Zimbabwe as a new gateway into Africa

by Hon. Prof Mthuli Ncube | 05 November 2018 | 616 Views

Chiyangwa appoint Karikoga Kaseke

by Staff reporter | 05 November 2018 | 540 Views

ZCTU demo: Ruling today

by Staff reporter | 05 November 2018 | 493 Views

Missing cop found dead

by Staff reporter | 05 November 2018 | 619 Views

Tagwirei marries long-time girlfriend

by Staff reporter | 05 November 2018 | 961 Views

Zimbabwe relaxes maternity leave entitlement

by Staff reporter | 05 November 2018 | 582 Views

Zimbabwe to receive drugs, ambulances from India

by Staff reporter | 05 November 2018 | 503 Views