Parastatals need clear vision to succeed: Mbigi

STATE enterprises and parastatals would never be turned around unless Zimbabwe, as a country, has a clear vision, professor of business and public management, Lovemore Mbigi has said.

Giving his presentation on the topic: Parastatals reforms-is privatisation a solution or the panacea at the Institute Chartered Accountants of Zimbabwe winter school held in Victoria Falls last week, Mbigi said parastatals in Zimbabwe needed a clear national vision.

“Parastatals will not thrive no matter how efficiently they are managed unless there is a clearly understood model of State or vision of a state.

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