SA must address 'skewed' ownership of resources - Mugabe

Cape Town – South Africa has failed to take the lead in the industrialisation process of other African countries because its economy is still under white control, Zimbabwean President Robert Mugabe has reportedly said.

Speaking to African diplomats in China where he is on a week-long visit, Mugabe said Africa would be patient with SA so it could address its skewed ownership of resources for the whole continent to benefit, according to a Herald report.

Mugabe, 90, urged Africa to unite against imperialists, adding that it was important for Africans to add value to their natural resources in order for them to realise full benefits from the same.

Mugabe, who is Africa's longest-ruling leader, is in China to secure more investment in his country's ailing economy.

The veteran leader has ruled Zimbabwe since 1980. He drove Zimbabwe's controversial seizure of white-owned land, and implemented a law requiring foreign firms to hand over 51% of their shares to black Zimbabweans.

China's president Xi Jinping on Monday hailed the veteran leader as a renowned African liberation leader and an "old friend" of the Chinese people.

Peter Van Rensburg 2014/08/27 11:14:47 AM
Like I've said before.....syphilis is a terrible disease...
Henderson 2014/08/27 11:17:54 AM
A bit of truth but is he not selling us to his Chinese bosses he want Africa to get rid of europeans and bring chinese i guess
Kiwi 2014/08/27 11:19:37 AM
The problem he is creating is having China on our back door, them becoming more and them blacks becoming less.
Neville Watson 2014/08/27 11:20:12 AM
Yeah Bob. Make all the resources disapear like you did and you solve the imbalances hey?
John Stoltz 2014/08/27 11:20:48 AM
Mad Bob, lame donkey, will you please turn over the page you read from since 1980? Even such an imbecile like you should by now have said something intelligent!! Even how hard you may find it!! Well done on a thriving country reduced to ruins!!
Ja Wa 2014/08/27 11:24:06 AM
As opposed to the Zim economic model where nobody has anything (except Mugabe and his cronies). IF that is not skewed, then nothing is.
Miles Lancmore 2014/08/27 11:29:24 AM
Malema's mentor,but there is some truth in his words.
taggert 2014/08/27 11:39:26 AM
Racist of all Racists !
Henno 2014/08/27 11:43:55 AM
Mugaba, shut up ... stay out of our business, you already ruined your country. Why is half the population of Zim (22mil) in South Africa? Because your policies work? I think not ... While we are on the subject ... don't you owe us money for a couple of loans which that thieving Zuma bastard OK'd to Zim?
Cafe-Ambivalence 2014/08/27 11:45:23 AM
If the economy was in my control, there would be a lot less corruption! I wish it was under my control. Mugabe is such an imbecile.