Mugabe Plans To Nationalize Businesses In Zimbabwe

As the situation continues to get worse in Zimbabwe, President Robert Mugabe has made his latest move: preparing to nationalize businesses.

Zimbabwean President Robert Mugabe has remained defiant to the very end. He is still in power and it's highly unlikely that he will step down. Recently, the United States announced it can no longer work with Mugabe. Also, it seems very unlikely that a power-sharing deal will be reached between Mugabe and Movement for Democratic Change (MDC) leader Morgan Tsvangirai. There have been many calls for Mugabe to step down, but Mugabe has brushed off all criticism. With everything that's going wrong in his country, he has blamed problems on the Western nations. So far, Zimbabwe has been plagued with a cholera outbreak, a problem that British Prime Minister Gordon Brown said Mugabe’s administration is unfit to handle. Mugabe went as far as to call cholera a biological weapon created by the British. Mugabe said Zimbabwe belongs to him. Now, Mugabe seems to be planning his next move. So far, a few members of Mugabe’s Zanu-PF party said that he is planning to nationalize the banks, mines, and manufacturing companies. Mugabe said that an “Economic Revolutionary Council” as a result. This further reinforces that Mugabe is not going to step down and will do whatever it takes to stay in power. One question should be asked: What happens if and when Mugabe nationalizes businesses?