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REGIONAL ECONOMY: Zimbabwe (MRB Oct 01 2001): Mugabe ditches reform plan, imposes price controls.
Zimbabwe's president Robert Mugabe has announced that his government has dumped economic reforms and will return to 'socialism', state control of prices and the threatened take-over of some businesses, in what analysts say is a bid to woo voters ahead of crucial elections next year.
The announcement came as prices of basic commodities rocketed and government slapped on controls to curb what it termed "irresponsible pricing and profiteering" by businesses.
Mugabe said of the economic adjustment programme his government introduced with assistance from the World Bank and International Monetary Fund, "Enough is enough. ESAP [structural adjustment programme] is no more. We can't bury it here [at Heroes Acre]. It is destined for some hidden bush somewhere."
But confusion continues, with Mugabe's minister of industry and international Trade saying that the Millennium Economic Recovery Plan that is based on World Bank draft is still on.
Zimbabwe's manufacturing sector and economic experts have warned of more company closures, massive job cuts and the birth of a black market for basic commodities as the country slides deeper into economic crisis.
The government has also accused businesses of having a political agenda and deliberately trying to tarnish its image by raising prices.
Price controls were introduced on products which include maize meal, wheat flour, bread, soap, margarine, chicken, pork, beef, fresh milk, salt, cooking oil, sugar and washing powder.
- AAGM: Thousands Witness Heroes Acre Inauguration.
- News wire article from: Asia Africa Intelligence Wire August 27, 2002 700+ words
...Christof Maletsky PRESIDENT Sam Nujoma says Heroes' Acre on the outskirts of Windhoek is a national...commemoration and the inauguration of Heroes' Acre, Nujoma said Cabinet went through an...would be engraved in golden letters at Heroes' Acre and those who would be buried there...
- Windhoek's Heroes' Acre Running Up Unheroic Costs.
- Newspaper article from: The Namibian October 19, 2006 700+ words
...Brigitte Weidlich THE running costs of Heroes' Acre outside Windhoek far outstrip the revenue...The report said that the upkeep of Heroes' Acre costs the taxpayer N$500 000 a year...Communication. "The municipal costs of Heroes' Acre continue to be very high and the NHC...
- Youths Force-March Mbare Residents to Heroes Acre.
- Newspaper article from: Zimbabwe Independent August 18, 2006 700+ words
...commemorations to boost numbers at the National Heroes Acre. Sources told the Zimbabwe Independent...militia ordered residents to go to the Heroes Acre with Mbare residents being the most...Other than being force-marched to the Heroes Acre, residents were also asked to make...
- Zanu PF Usurped Meaning of Heroes Acre.
- News wire article from: Asia Africa Intelligence Wire September 5, 2004 700+ words
...Wakatama AT Zimbabwe's cherished national Heroes'Acre, in Harare, lie some of the most illustrious...heatedly discuss the significance of the Heroes' Acre. Both of them concluded that the real...their resolve not to be buried at the Heroes' Acre. Before he could answer, his cousin...
- Early Freedom Fighter Will Be First Buried in New Heroes Acre.
- News wire article from: Asia Africa Intelligence Wire July 1, 2003 700+ words
...exhumed and reburied at the new site on Langata Road to be named Heroes Acre. The move ends years of a public campaign by his admirers...years ago but remained banned even after independence. The Heroes Acre at Uhuru Gardens - about 10 kilometres from the city centre...
- Kandanga Laid to Rest At Heroes' Acre.
- News wire article from: Asia Africa Intelligence Wire January 20, 2003 700+ words
...Namibian - AAGM) Byline: Max Hamata LIBERATION struggle heroine Getrud Rikumbi Kandanga-Hilukilwa was buried at Namibia's Heroes' Acre outside Windhoek on Saturday. Hundreds of people converged on the national shrine to pay their last respects to the Swapo...
- Ex-Army Chief to Be Buried At Heroes' Acre.
- News wire article from: Asia Africa Intelligence Wire September 13, 2002 700+ words
...AAGM) Byline: Chrispin Inambao THE late retired army chief, Lieutenant General Dimo Hamaambo, will be buried at the Heroes' Acre tomorrow, with full military honours. Hamaambo died in the Catholic Hospital in Windhoek on Sunday after a short illness...
- More Thinking Required on Heroes Acre.
- News wire article from: Asia Africa Intelligence Wire August 29, 2003 700+ words
(From The Nation (Kenya) - AAGM) Byline: Ababu Namwamba Whether by coincidence or design, it is Justice and Constitutional Affairs minister Kiraitu Murungi who reignited the debate on a Heroes Square. This is a debate which should have, quite honestly, been settled ages ago if this country's past
- Clinton rules out direct price controls on health-care costs. (Originated from...
- Newspaper article from: Knight Ridder/Tribune News Service Rankin, Robert A. September 2, 1993 700+ words
...President Clinton ruled out direct federal price controls Thursday to hold down rising health...planners considered imposing an array of price controls to limit rising health-care costs...a photo session that although such price controls had been discussed as an option for...
- PRICE CONTROLS' SORRY HISTORY.(ISSUES & INSIGHTS)(EDITORIALS)
- Magazine article from: Investor's Business Daily May 30, 2001 700+ words
...state's power shortage is federal price controls. Washington would set the rates wholesalers...question their credentials if they support price controls. Do those 10 outweigh the more than...both can't be right. The history of price controls is a wretched one. Politicians have...
