Mnangagwa to make job creation a priority

Mnangagwa to make job creation a priority
Published: 24 November 2017 (720 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

Fixing Zimbabwe's 'fantasy economics'

by Martyn Davies and Hanns Spangenberg | 23 May 2018 | 55 Views

ZLHR challenges govt to implement the new constitution

by Stephen Jakes | 23 May 2018 | 58 Views

Blackdiamond releases new video and reveal new management

by Tidi Kwidini | 23 May 2018 | 51 Views

Obert Mpofu welcomes Kasukuwere

by Staff reporter | 23 May 2018 | 112 Views

Mugabe fails to appear before Mliswa

by AFP | 23 May 2018 | 100 Views

Zimbabwe govt needs to regain the trust of the people

by Staff reporter | 23 May 2018 | 46 Views

PHOTO: Shamu getting arrested photo goes viral

by Staff reporter | 23 May 2018 | 130 Views

Zimbabwe embarks on broadband connectivity upgrade

by Staff reporter | 23 May 2018 | 35 Views

Jonathan Moyo could be working for Mnangagwa, says Mawarire

by Staff reporter | 23 May 2018 | 68 Views

Mnangagwa paid a $2,000 bribe in Mozambique

by Staff reporter | 23 May 2018 | 97 Views

Councillors accused of vote-buying

by Staff reporter | 23 May 2018 | 65 Views

MDC poll demands outrageous, says Charamba

by Staff rpeorter | 23 May 2018 | 79 Views

BAZ to increase TV, Radio service coverage

by Staff reporter | 23 May 2018 | 59 Views

Zanu-PF warns party members against violence

by Staff reporter | 23 May 2018 | 63 Views

'Special anti-graft unit to reinforce Zacc operations'

by Staff reporter | 23 May 2018 | 59 Views

Khupe allies hits out at Chamisa's 'violent, vulgar' youths

by Staff reporter | 23 May 2018 | 80 Views

Confusion hits MDC-T primaries

by Staff reporter | 23 May 2018 | 61 Views

Mnangagwa heads back to Manicaland

by Staff reporter | 23 May 2018 | 77 Views

MDC Alliance's ballot paper demands slammed

by Staff reporter | 23 May 2018 | 59 Views

Police shoot two violent murder suspects

by Staff reporter | 23 May 2018 | 57 Views

Khupe, Chamisa parties to use same name, logo?

by Staff rpeorter | 23 May 2018 | 80 Views

Banking sector demands 60% pay rise

by Staff reporter | 23 May 2018 | 59 Views

Dembare players threaten strike

by Staff rpeorter | 23 May 2018 | 58 Views

Zec sends text messages to 3m registered voters

by Staff reporter | 23 May 2018 | 59 Views

Zimbabwen family in Johannesburg hostage drama

by Staff reporter | 23 May 2018 | 59 Views

Makamba trying to push Mlotshwa out of Telecel Zimbabwe

by Staff rpeorter | 23 May 2018 | 62 Views

MDC-T councillor arrested

by Staff reporter | 23 May 2018 | 79 Views

'Army won't let Chamisa rule Zimbabwe'

by Staff reporter | 23 May 2018 | 79 Views

Zapu urges people to physically inspect voters roll

by Staff reporter | 23 May 2018 | 27 Views

'Electorate misunderstood me,' says Tshinga Dube

by Staff reporter | 23 May 2018 | 33 Views

Chamisa, Khupe feud back to High Court

by Staff reporter | 23 May 2018 | 35 Views

Dlamini crowned Matebeleland North's Miss Tourism

by Staff reporter | 23 May 2018 | 46 Views

Mugabe to appear in parliament today

by Staff reporter | 23 May 2018 | 36 Views

Obert Mpofu to appear in court

by Staff reporter | 23 May 2018 | 41 Views

National Youth Service graduates defect to NPF

by Staff reporter | 23 May 2018 | 39 Views

Soldier gets 7 years for setting lover ablaze

by Staff reporter | 23 May 2018 | 32 Views

Zanu-PF youth plot Mnangagwa interface rally

by Staff reporter | 23 May 2018 | 36 Views