[civsoc-mw] Fwd: Names in "Zimbabwe's State Capture"

Tue Apr 27 12:16:59 CAT 2021

Subject: Names in "Zimbabwe's State Capture" 

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I keep going back to the  <https://ruthweiss.us8.list-manage.com/track/click?u=2c4e222fa92c863bc811dbaf2&id=fbed5924ae&e=806193526c> March 2021 publication of the South African  <https://ruthweiss.us8.list-manage.com/track/click?u=2c4e222fa92c863bc811dbaf2&id=2931ae76ce&e=806193526c> Daily Maverick of its explosive revelations of Zimbabwe’s State Capture through the corrupt network of politicians, military, secret service personnel, high civil servants and business people. This dates back to Mugabe and thrives under Mnangagwa. Such beneficiaries are named “rent-seekers”, which is undeserved or unearned profit gained by rent-seekers, which economists define as an “economic rent”.

The report explained that cartels had been formed, which hamper honest business transactions and rob citizens of a better life. The state is responsible for over-pricing, which means less medicine, fewer kilometre roads, more inadequate education and less private consumption for citizens, while the cartels absorb billions.

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About Ruth Weiss 

  <https://mcusercontent.com/2c4e222fa92c863bc811dbaf2/images/c9722b74-679b-4071-ac60-5520f4b6bf7e.jpg> Born Ruth Löwenthal in Fürth (near Nuremberg) in 1924, Ruth Weiss fled with her parents and sister to South Africa in 1936 to escape rising German persecution. Too poor to study at a university, she became a self-taught expert on African economics and then a journalist. She was declared persona non grata by the white regime because of her critical reporting and “sanction busting” stories. 

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