Zimbabwe: Privatisation Pros and Cons

analysis

ON innumerable occasions over the last 30 years, various Zimbabwean governments have declared intents to privatise many of the country's parastatals, wholly or partially.

This was a policy statement in the first National Economic Development Plan in the immediately post-Independence era, in the 1990 Economic Structural Adjustment Programme and in various subsequent programmes. But, save for a few privatisations in the late 1990s, the intents have never converted to action, notwithstanding that those few privatisations of a little more than a decade ago were most successful. Declarations of privatisation intentions have largely been naught but empty words, wholly devoid of requisite action.

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