Zimbabwe To Open 'Blacks Only' Stock Exchange

Northern Son

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http://www.telegraph.co.uk/news/wor...bwe-to-open-a-blacks-only-stock-exchange.html

The plan to grab mining companies, most of which are South African-owned, follows President Robert Mugabe's landslide re-election last week.

Saviour Kasukawere, the 'indigenisation' minister, said on Tuesday that the government or black Zimbabweans would take 51 per cent of the shares in all major foreign-owned companies, valued at about £4.8 billion. No compensation will be paid.

The regime wants to control mining companies and in particular Zimplats, a major platinum producer which is largely owned by South Africa's Impala Platinum Holdings.

Mr Kasukawere said that mining companies which do not "cede" 51 per cent of their shares to black Zimbabweans or the state would risk losing their operating licenses.

He said the value of the natural resources or underground metals extracted by the companies were sufficient to pay for majority shareholdings.
 

Northern Son

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I don't like or agree with everything this dude mugabe has done but I respect his willingness to fight for black respect and ownership of their own lands.

Agreed. If he wasn't such a thieving piece of shyt he'd be a hero. But make no mistake he doesn't love his people he just doesn't like cacs. Big difference.
 
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Northern Son

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Mugabe a king, still making them cacs mad for decades.

:salute:

As much as I hate the colonial cacs (I'm half Zimbabwean myself I have every reason too) I can't respect Mugabe. He's done way too much damage to my people over the last 30 years with his looting and mass murdering. Now understand that's not an endorsement of white colonialism AT ALL, I'm just saying he's not a hero of black people, simply an enemy of cacs which is not enough. The enemy of my enemy is not necessarily my friend.

I like the idea in principle but the only people who get rich in Zimbabwe are Zanu-PF politicians. This is a political ploy.
 
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Northern Son

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Why does it have to be blacks only?

To keep all the cacs, Indians and other foreign interlopers from exploiting the country any further. These fakkits have for years been making themselves multimillionaires in third world black countries they (cacs) colonized. Why should they be entitled to our wealth? The Chinese, Koreans, Arabs, Indians and of course cacs have never and will never let blacks have a piece of the economic pie in their respective nations.

Brehs you have no idea how much bullshyt cacs and Indian coolies have pulled in southern Africa. Just look at South Africa and Namibia - black African countries where whites who comprise less than 10% of the population own and run everything. Not only do they run the show they eat like KINGS (some of the wealthiest people in the world) while their black "countrymen" starve, live in third world conditions and economically depend on them. Zimbabwe used to be exactly like that until Zanu-PF chased those fakkits out (the only good thing they ever did). Cacs, especially "African" cacs cannot be trusted with your money and don't deserve the opportunity.
 

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As much as I hate the colonial cacs (I'm half Zimbabwean myself I have every reason too) I can't respect Mugabe. He's done way too much damage to my people over the last 30 years with his looting and mass murdering. Now understand that's not an endorsement of white colonialism AT ALL, I'm just saying he's not a hero of black people, simply an enemy of cacs which is not enough. The enemy of my enemy is not necessarily my friend.

I like the idea in principle but the only people who get rich in Zimbabwe are Zanu-PF politicians. This is a political ploy.
How has white folk owning those mines worked out for your people?

And, when was the last time you visited Zimbabwe?
 

Northern Son

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How has white folk owning those mines worked out for your people?

And, when was the last time you visited Zimbabwe?

I'm not sure what your point is regarding the mines. There are black Zimbabwean oppositional politicians who support pro black reforms/black ownership/land distribution but also eschew the kleptocratic nonsense of Mugabe and his ilk. They just can't get a foothold because Zanu-PF is a murdering, corrupt thug party with the military in their pocket. Mugabe is not even close to the best candidate for leading Zimbabwe. You can't be "pro black" and steal billions from your people and order the slaughter of 100,000 of them for political gain. Two wrongs (Rhodesian apartheid cac regime and corrupt Zanu-PF thieving regime) don't make a right.

I'm amazed you hate Obama so much and can see through his "black president" gimmick and self serving political impudence but fall into the same trap of blindly supporting a selfish politician just because he's black, throws a couple bones here and there and talks a good game.

It's a FACT that Mugabe ran Zimbabwe into the ground and murders our people (black infants included) every fukking day for the sole purpose of enriching himself and his cronies. My top priority is the livelihood and economic empowerment of the black indigenous population and that matters a lot more than shutting down cacs. The bad far outweighs the good.

I last visited Zimbabwe last summer (August). It's still a disheveled hell hole and now full of Chinese laborers Mugabe invited to take our country's resources.
 
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