enable_page_level_ads: trueblob:https://www.google.com/32a5de50-575e-4e0c-b26e-787f783b2d8f }); (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-4786430280078970", enable_page_level_ads: true }); Edmore Mbuzana Mlambo: August 2020 expr:class='"loading" + data:blog.mobileClass'>

Featured post

Of Consensus, Democracy and Confusion

  Where is the democracy in the CCC outfit?? The election is a democratic process of choosing a person to get into public office. The proces...

Tuesday, 25 August 2020

The Rhodesian Influence in Zimbabwean Economy and Politics

 The recent award of US$3,5billion compensation to white Rhodesian settler farmers and the sanctions on Zimbabwe by the USA and the European Union is evidence of how White Capital can influence African politics. The influence of white capital in Zimbabwean politics is centred around land and the minerals resources under it. 

There is a direct link between the opposition party MDC and white capital. The MDC was formed and funded by Rhodesian settler farmers as a kneejerk response to Robert Mugabe's land reform programme.

It is important that every black Zimbabwean know the background and history of land ownership.I have taken this opportunity to create awareness of the power of white Rhodesian Capital.


The Origin of White Capital

Cecil John Rhodes was the founder of British South African Company, which l will call BSAC. The BSAC had interests in Rhodesia, Malawi and South Africa. After his death, the company broke up into many linked entities with interests in mining and agriculture.  The companies I would like to draw your interests to are Anglo American Corporation, Lonrho, Meikles and Old Mutual. These companies form the cornerstone of white Rhodesian Capital.


The restructuring of white Rhodesian capital

The restructuring of white Rhodesian capital started before 1980. The companies still hold controlling shares in all most all listed companies on the Zimbabwe Stock Exchange. The companies can influence the prices of commodities and foreign currency exchange rate. Think about the Old Mutual Implied Rate.


The Movement of White Rhodesian capital 

Every one of us has read about De Beers and Anglo American Corporation. The companies were handed over to the Oppenheimer family after Rhodes' death.


 The companies were until the Independence of South Africa in 1994  had their headquarters in South Africa. They had strategically retreated from Charter House in Harare and Bulawayo just before Zimbabwe's independence in1980. Today the headquarters of Rhodesian capital are all now in Europe. 


The Oppenheimer and The Return of White Capital

In 1990 the Oppeinheimers moved their capital from De Beers and Anglo American Corporation into various investment vehicles managed by the Brenthurst Trust. The Brenthurst Trust patent objective is to invest in Africa and its latent objective is to recolonise Africa. The later objective is included in its trust's mission statement. 


Black Faces on White Capital 

Today as we speak the chairman of Brenthurst Trust is the former President of Nigeria  Obasanjo. The Trust has been sponsoring the so-called pro-Democratic parties in various African countries. Our own Nelson Chamisa did attend a workshop held by the Brenthurst Trust held in November 2019..

The latent objective of the Trust is to sponsor neoliberalism in the hope of getting white capital influence which has been lost.