Biti indigenisation misgivings, a lot of hot air

There is nothing new in Finance minister Tendai Bitis remarks in Washington last week to the effect that Zimbabwes indigenisation policy will benefit a few black elite mostly Zanu PF functionaries.

What is new and quite intriguing is the ministers suggestion that the policy should go back to the drawing board.

Even his audience at the Atlantic Centre, a thinktank and public policy group, must have wondered at Bitis suggestion as hollow as it was clearly impractical.

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