HARARE (Reuters) &#8211; Zimbabwe’s main opposition party is planning street demonstrations next week to protest against the government’s handling of the economy, which is mired in its worst crisis in a decade and has plunged most citizens into poverty.



The southern African nation is enduring shortages of foreign currency, fuel and bread as well as 18-hour power cuts. The power outages threaten mining and industrial output and have upended lives. [nL8N24X7EO]



The opposition Movement for Democratic Change (MDC) will hold marches in the capital on Aug. 16 against corruption, unemployment and power and fuel shortages and a deteriorating economy, the party said in a notice to the police dated Aug. 5.



“The national challenges are a result of a governance and legitimacy crisis arising primarily out of the disputed election of July 2018,” national organising secretary Amos Chibaya said in the notice, seen by Reuters.



The departure of long-time leader Robert Mugabe after a coup in 2017 was greeted with euphoria and hope, but this has gradually turned to despair as his successor, President Emmerson Mnangagwa, has failed to revive the economy or usher in meaningful political reforms.



Chibaya said demonstrators would present a petition to parliament after next week’s march.



Luke Tamborinyoka, the MDC deputy spokesman, confirmed the party had notified the police, adding that “we hope the police will allow us to exercise our constitutional right”.



Police spokesman Paul Nyathi said he could not immediately comment.



The MDC does not recognise Mnangagwa’s presidency and maintains that he rigged last year’s vote, charges that the 76-year-old leader denies. Last week, MDC legislators boycotted the mid-term budget statement in parliament because Mnangagwa was present.



The last big protest in Zimbabwe, organised by the main labour union in January against a sharp fuel hike, turned deadly after it spilled onto the streets and was met by an army clampdown in which more than a dozen people died. [nL8N1ZE26M]



Everyday life is getting increasingly tough, with the prices of basic goods spiralling and medical supplies in short supply. Motorists wait for hours to fill up at fuel stations despite fuel prices having gone up more than 500% this year.



Reporting by MacDonald Dzirutwe; Editing by Frances Kerry

Zimbabwe’s opposition MDC party is planning to protest next week, here’s why

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South African President Cyril Ramaphosa has again called for the lifting of sanctions against Zimbabwe. This is after United States extended sanctions by one year saying they will only be lifted, if Harare has implemented certain reforms. Joining CNBC Africa’s Karabo Letlhatlha to speak on the sanctions, legitimacy issue, elective congress and the current economic challenges facing Zimbabwe is MDC Leader Nelson Chamisa.

MDC’s Nelson Chamisa speaks out on Zimbabwe sanctions, dialogue and elective congress

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Former Zimbabwe Deputy Prime Minister Professor Arthur Mutambara says Zimbabweans need to put their differences aside, and engage in a genuine national dialogue to resolve the country&#8217;s worsening economic crisis. For more on the dialogue process and the newly introduced local currency Professor Mutambara spoke to CNBC Africa’s Daniel Sango.

Ex-Zimbabwe Deputy PM Mutambara lambasts Mnangangwa dialogue, calls for genuine talks to resolve crisis

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Zimbabwe&#8217;s Constitutional Court has dismissed MDC Alliance’s presidential poll results challenge and has ruled in favour of Emmerson Mnangagwa as the winner of the July 30 presidential elections.

Zimbabwe top court dismiss MDC Alliance poll petition

HARARE (Reuters) &#8211; Hundreds gathered around screens outside Zimbabwe’s top court on Wednesday to watch a legal showdown between President Emmerson Mnangagwa and the opposition leader challenging his July 30 election victory.
Hundreds of thousands more were expected to turn on their televisions to follow live footage of the Constitutional Court considering Nelson Chamisa’s petition that the vote was flawed and should be overturned.
Riot police blocked roads leading to the court in the capital Harare and vehicles carrying water cannon parked nearby.
Chamisa, 40, says the first vote since the removal of Robert Mugabe in November was rigged by a biased electoral commission. The Zimbabwe Electoral Commission (ZEC) and Mnangagwa say there was no foul play.
The court could throw the case out, declare a new winner or order a fresh election within 60 days.
The case has been cast as a major test of the independence of the highest court whose verdict cannot be appealed.
“The jurisprudential and political burden that weighs heavily on the shoulders of each of the Constitutional Court judges today is that they are about to adjudicate by far the most important case of their legal careers,” Welshman Ncube, a Chamisa ally and constitutional lawyer wrote on Twitter.
The election had been expected to end Zimbabwe’s pariah status and launch an economic recovery, but post-vote unrest has brought back uncomfortable reminders of its violent past.
Mnangagwa has urged Zimbabwe to unite behind him but questions remain over the death of six people in an army crackdown on protests against the ruling party’s victory.
Reporting by MacDonald Dzirutwe; Editing by Andrew Heavens

Zimbabwe’s President Mnangagwa and Chamisa go head-to-head, this time in court, what you need to know…

HARARE (Reuters) &#8211; Twenty-seven members of the opposition Movement for Democratic Change (MDC) appeared in a Zimbabwe court facing public violence charges on Saturday after six people were killed in post-election protests that were met by a military crackdown.
Soldiers and tanks rolled into the capital Harare on Wednesday after protests erupted against President Emmerson Mnangagwa’s ruling ZANU-PF party’s landslide win in the House of Assembly vote.
The army’s clampdown on civilians and the opposition’s allegations that the vote was rigged revealed the deep fissures in Zimbabwean society that developed during the four-decade rule of Robert Mugabe, when the security forces became a byword for heavy-handedness.
The 27 MDC members were arrested on Thursday at the party’s headquarters. Their lawyers said the MDC members were innocent and were delivering election results from provinces when arrested.
Prosecutors said the accused were positively identified by police and that witnesses would testify against them.
The MDC members were not formally charged by Harare Magistrate Francis Vhitorini and will be held in custody in prison until they return to court on Monday.
If found guilty, they face up to 10 years in jail.
Water cannon and more than a dozen anti-riot police were stationed outside the perimeter of the court house while others remained camped outside the MDC headquarters.
Three of the victims from Wednesday’s clashes were buried on Saturday, the MDC said.
Mnangagwa on Friday urged Zimbabweans to unite after he was declared the first elected head of state since Mugabe’s removal from power. MDC leader Nelson Chamisa insisted he had won and pledged to challenge the result.
On Saturday, Chamisa said he was aware of his supporters’ anxieties and that he carried their hopes and aspirations.
“You voted but they cheated. Over 2.5 million votes can’t be ignored. We’re doing all to secure your vote (and) defend your WILL. Change is coming,” he wrote on Twitter.
The first post-Mugabe election had been cast as a watershed moment that would rid the former British colony of its global pariah status and begin a recovery in its failed economy.
But Mnangagwa’s bid to repair the image of a nation known for repression and economic collapse was further hurt by a police raid on the MDC headquarters and the dispersal of journalists before Chamisa’s news conference on Friday.
International election observers have cited several problems, including media bias and mistrust in the electoral commission.
On Saturday, the British government said it was deeply concerned by the post-election violence and the “disproportionate response from the security forces.”
Reporting by MacDonald Dzirutwe; Editing by Janet Lawrence

Members of Zimbabwe’s opposition party in court following post-election violence

HARARE (Reuters) &#8211; Troops ordered shops to close and told people to leave the centre of Zimbabwe’s capital on Thursday, one day after three people were killed by soldiers sent in to break up demonstrators claiming this week’s presidential election was rigged.
The crackdown by the army has punctured the euphoria that followed its removal of long-time strongman Robert Mugabe eight months ago, and fuelled suspicions that the generals who launched the coup remain Zimbabwe’s de facto rulers.
In Harare, the contrast could not be stronger with November, when hundreds of thousands filled the streets, hugging soldiers and celebrating their role in ousting 94-year-old Mugabe, the only leader Zimbabwe had known since independence in 1980.
“They are showing their true colours now. We thought they were our saviour in November but they fooled us,” said newspaper vendor Farai Dzengera, admitting that the brief dream of an end to decades of repression was over.
“Now they tell us to leave town. What can we do? We will go. They run this country.”
Nearly all shops in downtown Harare were shuttered and the normally bustling pavements eerily quiet. Several streets remained littered with the rubble and embers from Wednesday’s clashes between protesters and soldiers.
“We are just waiting to see what they will do next since they don’t want us in town. Who can argue with a man carrying a gun?” said Isaac Nyirenda, sipping a sorghum beer out of a sipping a blue plastic bottle.
ARMY IN CHARGE 
Wednesday’s violence, which followed a relatively orderly election, dashes President Emmerson Mnangagwa’s hopes of repairing the image of a country that had become synonmous with corruption and economic collapse in under Mugabe.
In particular, the use of soldiers to control the capital confirms suspicions that the generals who ousted Mugabe &#8211; including army chief-turned vice-president Constantino Chiwenga &#8211; are firmly in charge, analysts said.
“Deployment of troops reveals the uncomfortable truth that, eight months after Mugabe was ousted, the army remains the pre-eminent political force,” said Piers Pigou, a Zimbabwe expert at the International Crisis Group think-tank.
The election, which pitched 75-year-old Mnangagwa against 40-year-old opposition leader Nelson Chamisa, was supposed to confirm the legitimacy of the post-Mugabe government and allow Harare to renew ties with the international community.
This in turn would have allowed it to start unlocking the billions of dollars of donor funding and investment needed to get its economy &#8211; at independence, one of Africa’s most vibrant &#8211; back on its feet.
Instead, observers from the Commonwealth, the group of mainly former British colonies that Mnangagwa had been hoping to rejoin, did not mince their words in condemning the conduct of the military.
“We categorically denounce the excessive use of force against unarmed civilians,” former Ghanaian president John Mahama said in a statement on behalf of the Commonwealth.
He also urged the Zimbabwe Electoral Commission (ZEC) to speed up the announcement of the results of the presidential vote. The observers had on Wednesday reported a number of problems with the poll, including voter intimidation.
The United Nations and European Union both called for restraint, while Britain, an unashamed cheerleader of the “new” post-Mugabe Zimbabwe, said it was “deeply concerned” by the violence.
China, an important source of funding under Mugabe and Mnangagwa, said however it believed the election had generally proceeded in an orderly fashion. A foreign ministry spokesman “noted” reports of Wednesday’s unrest.
“NO SKULDUGGERY” 
Mnangagwa, a former security chief nicknamed ‘The Crocodile’, offered his condolences to the families of the victims of the crackdown and said those responsible would be brought to justice.
He also said he had been talking to Chamisa to try to defuse tensions, which escalated dramatically after the Movement for Democratic Change leader claimed &#8211; without producing evidence or numbers &#8211; that he had won the popular vote. [nL5N1US0UD]
There was no response from the MDC, whose founder, Morgan Tsvangirai, beat Mugabe in the first round of an election in 2008 before pulling out of the race after scores of his supporters were killed.
Tsvangirai, who was savagely beaten in police custody in 2007, died of cancer in February.
The election commission, whose website was hacked overnight, said it would announce the results of the vote “very soon” and denied MDC claims that it had allowed ZANU-PF to rig the vote.
There was “absolutely no skulduggery”, deputy chairman Emmanuel Magade told a news conference.
For some, however, the result no longer matters.
“Yesterday was a very sad day for Zimbabwe,” said minibus driver Gift, glancing over his shoulder at a soldier smoking a cigarette.
“We hope things remain quiet and we can all just forget about this election. We don’t know if it was fair. The government will do what they want.”
Additional reporting and writing by Ed Cropley, Editing by Angus MacSwan

Why use of troops raises suspicions in Zimbabwe’s elections

HARARE (Reuters) &#8211; The presidential candidate for Zimbabwe’s main opposition accused the ruling ZANU-PF of trying to steal the general election on Wednesday after official figures gave President Emmerson Mnangagwa’s party a majority in parliament.
Nelson Chamisa, 40, and the 75-year-old Mnangagwa were the main contenders in Monday’s vote, the first since Robert Mugabe was forced to resign after a de facto coup in November after nearly 40 years in power.
The Zimbabwe Electoral Commission’s results showed Mnangagwa’s ZANU-PF cruising to a big majority after picking up 109 seats against 41 for the opposition Movement for Democratic Change (MDC). Another 58 seats are yet to be declared.
Results of the presidential poll are expected by Saturday.
On his official Twitter feed, Chamisa accused the Zimbabwe Electoral Commission of releasing the parliamentary results first to prepare Zimbabweans for a Mnangagwa victory.
“The strategy is meant to prepare Zimbabwe mentally to accept fake presidential results. We’ve more votes than ED (Emmerson Dambudzo). We won the popular vote (and) will defend it,” Chamisa said.
On Wednesday, foreign observers, including the European Union, who have been monitoring the elections for the first time since 2002, will issue their verdict on Monday’s vote.
Zimbabwe was once one of Africa’s most promising economies but under Mugabe’s rule became tainted by corruption, mismanagement and diplomatic isolation. Its population of 13 million is struggling amid shortages of foreign currency, unemployment above 80 percent and lack of foreign investment.
In the capital Harare many people went about their usual daily grind, including queuing up for scarce cash outside banks.
The House of Assembly of Parliament has 210 seats and ZANU-PF would need to win 30 more to have a two-thirds majority that would allow it to change the constitution at will.
Voters in Zimbabwe traditionally pick a presidential candidate based on their party affiliation and the trend in the parliamentary election was expected to continue when results for the president are announced this week.
Chamisa’s MDC won in most urban centres, where it enjoys majority support. One independent candidate and a member from a party linked to Mugabe also won one seat each.
On Tuesday Former Movement for Democratic Change (MDC) finance minister Tendai Biti and ZESN, the main domestic election monitor, said one in five polling stations &#8211; more than 2,000 in all &#8211; had not physically posted tallies on their doors, as required by law.
That omission gave room for the ZEC, which ZESN and the opposition have accused of bias, to manipulate the results in favour of Mnangagwa and the ruling ZANU-PF party, Biti said.
Even though the election passed off peacefully, several water cannon trucks patrolled outside the central Harare headquarters of the MDC as its red-shirted supporters danced in the streets.
Reporting by MacDonald Dzirutwe and Joe Brock; Editing by Paul Tait and Raissa Kasolowsky

Opposition party questions poll as Mnangagwa’s ZANU-PF wins majority in Zimbabwe parliament

HARARE (Reuters) &#8211; Zimbabwe’s President Emmerson Mnangagwa and his main opponent, Nelson Chamisa, both said on Tuesday they were confident of victory in an election the previous day which observers deemed too early to call.
Mnangagwa said he was receiving “extremely positive” information on the vote. Chamisa said earlier the opposition Movement for Democratic Change had done “exceedingly well” in the vote.
The 75-year-old Mnangagwa and Chamisa, 40, were the main contenders in Monday’s election, the first since Robert Mugabe was removed in a bloodless coup in November.
Western diplomats and local observer groups said the race, which saw a turnout of 75 percent, was too close to call.
The Zimbabwe Electoral Commission will announce official results within five days of the election although the outcome should be known well before then.
The winner faces the task of putting Zimbabwe back on track after 37 years under Mugabe which were tainted by corruption, mismanagement and diplomatic isolation that caused a crisis in a country that once had one of Africa’s most promising economies.
“The information from our reprentatives on the ground is extremely positive!” Mnangagwa said on his official Twitter feed.
Chamisa had earlier said he was poised for victory, writing on Twitter: “Awaiting ZEC to perform their constitutional duty to officially announce the people’s election results and we are ready to form the next government.”
A Chamisa victory is unlikely to sit well with military generals who plotted Mugabe’s ouster last November, and there could be a pushback.
Some of the generals who orchestrated the coup are now in government, including Vice President Constantino Chiwenga.
Many Zimbabweans worry that should Mnangagwa lose some in the ruling party may not accept the result, given the huge risk they took in removing Mugabe.
Mnangagwa and ZANU-PF have said they will accept the result.
“THIS IS AFRICA”
“If this guy loses there is no way they will handover power,” said Gift Machekera, pointing at a huge banner of Mnangagwa hanging on a building in Harare.
“Those who have the guns have the power. This is Africa.”
Mnangagwa was viewed as the frontrunner, although the latest opinion polls showed a tight race. There will be a runoff on Sept. 8 if no candidate wins more than half the votes.
Several civil society groups are collating results from 10,985 polling posts in parallel with ZEC but are not allowed to release results before the ZEC. A source at one group said it was too early to call a winner but it was looking “very close”.
In the capital Harare, an MDC stronghold, results posted outside some polling stations seen by Reuters showed Chamisa winning by wide margins, but Mnangagwa was expected to claw back ground in the ruling ZANU-PF’s rural heartland.
Urban results tend to emerge quicker than those from rural outposts, where communication is poor.
In some rural constituencies in the east and south of the country, counting of votes was still ongoing but was expected to end early on Tuesday, some parliamentary candidates said.
A credible vote is essential if Zimbabwe is to exit painful sanctions and secure the donor funding and investment needed to stem chronic cash shortages.
The run-up to Monday’s vote was largely peaceful compared to past elections under Mugabe, where the ruling party and war veterans were accused of violence against opponents.
Dozens of people were killed ahead of a runoff in 2008 between Mugabe and MDC-founder Morgan Tsvangirai, who died of cancer in February.
Mugabe emerged on the eve of the election to announce he would vote for the opposition, surprising Mnangagwa who accused him of striking a deal with Chamisa.
Reporting by MacDonald Dzirutwe and Joe Brock; Editing by Nick Macfie and Raissa Kasolowsky

Mnangagwa and Chamisa both confident of a victory in Zimbabwe elections, here’s why

HARARE (Reuters) &#8211; Zimbabwe’s President Emmerson Mnangagwa cast his vote on Monday in the first election since the removal of Robert Mugabe, rejecting claims made by his former mentor a day earlier that the election would not be free.
Mnangagwa, a 75-year-old former intelligence chief, is facing off against Nelson Chamisa, a 40-year-old lawyer and preacher who is vying to become Zimbabwe’s youngest head of state.
Reporting by Joe Brock; Editing by Angus MacSwan

Zimbabwe’s Mnangagwa rejects claims by Mugabe that elections will not be free

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CNBC Africa is joined by Wilf Mbanga, Editor of The Zimbabwean to speak about Zimbabwe’s 2018 elections, the first withought the ousted long-time leader Robert Mugabe.

Zimbabwean voters ready for a possible change

HARARE (Reuters) &#8211; Former President Robert Mugabe said he would vote for Zimbabwe’s opposition in Monday’s election, turning on one-time allies in the government ahead of the first vote since they ousted him in a de facto coup.
The election will see 75-year-old President Emmerson Mnangagwa, a long-time Mugabe ally, face 40-year-old Nelson Chamisa, a lawyer and pastor who is vying to become Zimbabwe’s youngest head of state.
Polls, which are unreliable, give former intelligence chief Mnangagwa only a slim lead over Chamisa, making a runoff on September 8 a possibility.
Mugabe, whose 37-year rule came to an end when he was forced to resign in November, told reporters at his mansion in Harare on Sunday that Mnangagwa’s government was unconstitutional and ruled by the gun.
“I hope the choice of voting tomorrow will throw, thrust away the military government and bring us back to constitutionality,” said a frail looking Mugabe, in a rambling off the cuff speech that lasted almost an hour.
“I said I can’t vote for those who have caused me to be in this situation &#8230; so there is Chamisa left.”
Mugabe, one of the last “Big Men” of African politics, still looms large over Zimbabwean politics and he may yet influence the first vote without his name on the ballot paper since the country gained independence from Britain in 1980.
Though he became increasingly unpopular with most Zimbabweans as mismanagement and corruption sent the economy into decline, he retains support in his rural heartland where supporters remain bitter about the manner of his removal.
Mnangagwa, known as “the crocodile”, an animal famed in Zimbabwean lore for its stealth and ruthlessness, was removed as vice president by Mugabe last November to make way for his wife, Grace, to seize power, analysts say.
This was too much for army generals who rolled military vehicles through the streets of Harare and kept Mugabe under house arrest until he resigned facing imminent impeachment.
VIOLENCE FEARS 
Mugabe on Sunday said it was “total nonsense” that he wanted his wife to succeed him and claimed that he was preparing to resign at a ZANU-PF congress in December.
Such is the draw Mugabe retains even seven months after stepping aside, he became the focus of questions at a parallel press conference held by Chamisa.
“Mr. Mugabe’s wishes are his wishes. I am going to accept any voter with open hands. The more the merrier,” Chamisa said in response to a question about Mugabe’s endorsement.
Elections under Mugabe were often undermined by violence, rigging and voter intimidation.
Chamisa’s Movement for Democratic Change (MDC) has already cast doubt on the election process, accusing the Zimbabwe Electoral Commission (ZEC) of bias.
There have been reports of intimidation and coercion, and state media is biased towards the ruling Zimbabwe African National Union-Patriotic Front (ZANU–PF). But there is consensus that the process has been better than before.
Mnangagwa has welcomed in foreign media and international observers from the EU, United States and the Commonwealth, while opposition parties have been freely allowed to campaign.
If Chamisa disputes the result or no one candidate gets more than 50 percent and there is a runoff, there are fears of street protests and possible violence.
Dozens of people were killed in the lead up to a runoff in 2008 between Mugabe and MDC founder Morgan Tsvangirai, who died in February. Tsvangirai pulled out of the contest before the vote in an effort to end the bloodshed.
“A run-off election is becoming more probable, which also increases the risk of violence as it has in previous election cycles,” said Robert Besseling, analyst at EXX Africa.
“Although an outbreak of widespread violence as in 2008 is not expected &#8230; incidents of localised violence are increasing in frequency and intensity.”
Reporting by Macdonald Dzirutwe; Writing by Joe Brock; editing by Mark Heinrich, William Maclean

Why Zimbabwe’s Mugabe is endorsing Chamisa

HARARE, May 30 (Reuters) &#8211; Zimbabwe will hold a general election on July 30, President Emmerson Mnangagwa said on Wednesday, a vote he has pledged will be free and fair with international monitoring after the ouster of 94-year-old strongman Robert Mugabe.
Mnangagwa, who took power after the November military coup against Mugabe, counts on the election to bolster his legitimacy as he pursues a promised break with Mugabe’s repressive policies while urging foreign investors to return to Zimbabwe.
Missing from the July ballot for the first time in 20 years will be Zimbabwe’s foremost political gladiators, Mugabe and Morgan Tsvangirai, the longtime opposition Movement for Democratic Change (MDC) leader who died of cancer in February.
Mnangagwa has invited the Commonwealth to monitor voting in Zimbabwe for the first time since 2002 when Harare was suspended from the group over accusations of rigged elections. He has applied for Zimbabwe to rejoin the Commonwealth. [
Should the election be certified by international monitors, it could be a key step to a resumption of financial aid by foreign lenders for the first time in two decades.
The vote is being cast as a fight between the old guard of Zimbabwe’s 1970s independence war and a younger generation.
Mnangagwa’s main challenger is 40-year-old Nelson Chamisa from the MDC, who has energised the party, drawing huge crowds at rallies in some of the ruling ZABU-PF party’s rural redoubts.
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Sixty percent of the 5.4 million voters on the new register are under 50 years old, according to official data.
Separately, the Constitutional Court dismissed an application by Zimbabweans living abroad to be allowed to vote. The court did not immediately give a reason.
In a brief statement in an official government gazette, Mnangagwa said that he had fixed July 30 “as the day of the election of the president, the election of members of the national assembly and election of councillors.”
Prospective candidates will be registered on June 14.
A presidential run-off vote is set for Sept. 8 if no candidate gets the 50-plus-one percent mark required to win.
For the 75-year-old Mnangagwa, victory would accord him democratic legitimacy after taking power following the coup.
Nicknamed “Crocodile” for his secretive and insular demeanour, Mnangagwa goes into the election with the advantage of incumbency, allowing him access to state resources for his campaign.
Crucially, Mnangagwa enjoys the backing of the army, which analysts say remains averse to a leader lacking a pedigree from the independence war against Britain.
“Though the election looks like it will go to the wire, the greater likelihood, based on cold-blooded analysis, is that experience, depth and state incumbency will triumph over youthfulness,” said Eldred Masunungure, a professor of political science at the University of Zimbabwe.
Critics say Mnangagwa was Mugabe’s most loyal acolyte and blame him for a government crackdown on rebels loyal to political rival Joshua Nkomo in the mid-1980s that rights groups say killed 20,000 civilians.
Mnangagwa has denied the charges and says political freedoms have improved under his short tenure and that he is repairing frosty relations with the West. (Editing by James Macharia and Mark Heinrich)

Zimbabwe’s election date announced, here’s what you need to know…

By Justina Crabtree
Source: <a href="https://www.cnbc.com/2018/05/03/zimbabwe-opposition-leader-wants-to-give-china-investors-the-boot.html?__source=Facebook">Zimbabwe opposition leader reportedly wants to give Chinese investors the boot</a>
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Chinese investors are &#8220;busy asset-stripping&#8221; Zimbabwe&#8217;s resources, the country&#8217;s main opposition leader said in a speech this week, according to reports.
&#8220;I have seen the deals that (Zimbabwean President Emmerson Mnangagwa) has entered into with China and others, they are busy asset-stripping the resources of the country,&#8221; Nelson Chamisa said at a May Day rally on Tuesday, as reported by the <a class="inline_asset" title="http://www.bbc.co.uk/news/world-africa-43973908" href="http://www.bbc.co.uk/news/world-africa-43973908">BBC</a> and <a class="inline_asset" title="https://www.herald.co.zw/ill-boot-out-chinese-chamisa/" href="https://www.herald.co.zw/ill-boot-out-chinese-chamisa/">local press</a>.
Chamisa is leader of Zimbabwe&#8217;s main opposition party, the Movement for Democratic Change (MDC).
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&#8220;I have said (that) beginning September when I assume office I will call the Chinese and tell them the deals they signed are unacceptable and they should return to their country,&#8221; he added.
CNBC was not able to independently translate Chamisa&#8217;s speech.
On Wednesday, the MDC published a <a class="inline_asset" title="http://www.mdc.co.zw/index.php/meda/news/373-correction-of-the-herald-story" href="http://www.mdc.co.zw/index.php/meda/news/373-correction-of-the-herald-story">statement</a> on its website addressed to Zimbabwean state-owned newspaper The Herald. The statement accused the newspaper of publishing &#8220;malicious falsehoods&#8221; about Chamisa, although it did not specify what these were.
The &#8220;gist and essence&#8221; of Chamisa&#8217;s May Day speech was that his party &#8220;will not allow the mortgaging of this country for political expedience,&#8221; it said, attributed to Luke Tamborinyoka, presidential spokesperson and director of communications.
An MDC government &#8220;will audit all business deals and those that fail the national interest will be reviewed,&#8221; it said.
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<a class="enlargeThisImage" href="https://www.cnbc.com/2018/05/03/zimbabwe-opposition-leader-wants-to-give-china-investors-the-boot.html?__source=Facebook#"><img loading="lazy" decoding="async" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2018/04/03/105105656-GettyImages-941323932.530x298.jpg?v=1522762992" alt="Zimbabwe's President Emmerson Mnangagwa (L) shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on April 3, 2018." width="530" height="298" data-enlarged-image="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2018/04/03/105105656-GettyImages-941323932.1910x1000.jpg?v=1522762992" /></a>
<div class="caption">Zimbabwe&#8217;s President Emmerson Mnangagwa (L) shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on April 3, 2018.</div>
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&#8220;Chamisa&#8217;s comments will play well with the MDC&#8217;s political base, who see Chinese loans as being fundamental for helping keep the former Mugabe regime afloat,&#8221; William Attwell, practice leader for Sub-Saharan Africa at emerging markets advisory firm Frontier Strategy Group, told CNBC on Thursday. &#8220;His comments seek to tap into growing frustration in Zimbabwe that Chinese investment has brought very little in terms of material benefits for locals.&#8221;
Mnangagwa&#8217;s nascent presidency has been characterized by his intention to revive the country&#8217;s economic fortunes through building bridges with both the East and the West. He initially came to power after former leader <a href="https://www.cnbc.com/id/105070327">Robert Mugabe</a>, under whom Mnangagwa served as vice president, was ousted in a military coup in November.
Mnangagwa&#8217;s first visit outside the African continent was to China last month, with attracting foreign investment high on the agenda. China has described itself as an &#8220;<a class="inline_asset" title="http://www.xinhuanet.com/english/2017-04/18/c_136217738.htm" href="http://www.xinhuanet.com/english/2017-04/18/c_136217738.htm">all-weather friend</a>&#8221; of Zimbabwe.
Zanu-PF, the party of Mnangagwa and Mugabe, is to release its election manifesto on Friday.
Mnangagwa has pledged &#8220;free and fair&#8221; elections to be held in July of this year, and has said that he will invite international observers.
Attwell said that it was unlikely that Chamisa would be able to deliver on his pledge, should he win the upcoming vote.
&#8220;The raw fact is the Zimbabwe needs Chinese investment,&#8221; he said. &#8220;Whoever wins the July election is going to need as much funding as possible — from China and the West — to rebuild the country&#8217;s decaying infrastructure.&#8221;
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Why Zimbabwe’s opposition leader reportedly wants to give Chinese investors the boot

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The death of MDC founder and leader, Morgan Tsvangirai has been described as an enormous blow to the opposition in Zimbabwe, this just a few months before the first vote of the post-Mugabe era. Joining CNBC Africa for more is Kelvin Jakachira, Journalist, ZIFM Stereo.

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