well i had the lead at the politico but what may be a i may not have seen again and i to cook and eyes you it is we did give you sense of that shoot and humility that i have standing here today to add this you fellow member billion. putting my net gratian as president of the republic of zimbabwe and then been mandated to follow the next government following the outcome of the just ended national flippy site we got here yet again as we did last year with many similar guests. this hour of us is that different zimbabwe did dawn of the second

republic of or zimbabwe following my commitment to open ab the democratic space the period is that special day twenty four from november twenty seventh putin and indeed one main justice in just nine months we have verified a new dream by blair. and forged a different path for our nation and pa for no freedoms democracy transpired and loving damani. pas of doubt all and debate. piles of u.d.t. peas and developments distinguished against comedy and

friends. we err on the munch and do spank good friend ady now when i have general elections have quite an as with our lows and the guy did and informed by his side to get rid of the booze and guidelines governing elections as well as a few declensions on the principles governing democratic elections in africa. being going to let issues into each or all parties where free to campaign in all animals of law country elections in which competing ideas were discussed and debated freely and presently i had to beat up on myself to be the man says of these non violent i'm going to

the law and you need to be before all the jews and after elections. under federal law by two and a dream we went out you know i'm really owes to define what does to me and to shape our future calmly and if you're fifty we as of the woes upon us and into full glare of a broad perspective i'm often done national davis and the global media we all freely exercise our democratic right to the net pleaded for joining and indeed these we did.

i wish to thank you my fellow of zimbabweans for everything he did to my goal for peace and for country but it didn't turn our business we would bottom and we as do enjoying this day you would get both played it has been bubbling and are by nature. these loving people and i thought i would democracy yes indeed come of age i have said that comment you all know what the wall must be tell you p u s extended to our visit does it all divide judy these electoral feelings i have selected and unfortunate incident of violence that to be a head at the head or the first ogust to end

a dean was pretty good to be and to most acceptable such conduct should be i hear him and to vital to our nature cause giant additions to his imbibe with people to put up lies and finally to do to make sound i will soon be announced to the members of the commission offering clarity interview say the violence will lead up on completion but pleased our findings once again i would like to extend my deepest condolences to the families who lost their beloved ones. accommodated. following the announcement of the am when i have general election that is out by the zimbabwe electoral commission i'm deeply humbled and honored by

my head here and the office of president of. the country zimbabwe and the exceptional mandate going to fair during my part designed the of which guide on monday and tuesday is my journey to be in the national assembly the court application by the m.d.c. alliance challenging the outcome of the present day show election culminated in the judgment of the constitutional court and head down on friday twenty four of us doing eighteen because two felt called up we had a road to do we serve the people that preys on the secured july twenty eighth jean my gum

and is done when fighting its commitment to constitutionalism entrenching to look for all the principle of separation of power and the independence of the additionally distinguished guests comrades and friends. this side sent to realize this you know for a shared vision then he said he who did it while he did the pleading implementation of radical economically folds jacketed it got tough doing and if a city getting further and domestic investment in line with da da da da that didn't but we're. open for business. trooping game to mention the reengagement policy we are opening a new chapter in our nation's with the world and that being the by mutual

respect shared things peoples of common values we look for want to play a positive and constructive role as they have free democratic transparent and responsible member of the family of nations in generally we will speed up the effort dream proves the easy and the cost of being business and economic competitiveness making and will be put in place to promote domestic said being stopwatch of the national development agenda she said i'm all necessary steps will be dedicated to create siskel space through rationalization and the cost cutting measures. make it

a little bit decadent according to physical imbalances that i threatened and i mine fire ability of the financial sector as reflected through would be good to link a strategy and he just oceans legging to foreign currency exchange markets now that the election that behind us we must not go for cause or not this is economic challenges facing our country to realign our vision and industrialisation into modernization agenda we will first up all of this is that at one of the mystic and the global capital. we will soon be doing the buy let through investment protection and promotion agreement to prom marked and and that is divestments from across the world apple will also be

tekken to expedite it and being to finality be the solution of the kindest extent oh did any of that the leave my lawn ladies and gentlemen not is it time for us all to unite and the nation and grow our economy let us gotta take yesterday and did it gently in boston a shared jenny don't know as good as vicious and also a national vision to transform zimbabwe into a middle income economy we can create vestment decent jobs broadbent's empowerment sweep from poverty and corruption by twenty thirteen my doubling that we lose in the next five years accelerate industrialization what denies there's and the mitten is issuing we've got to

enforce fees or new market keep in bonuses but i'm no comprehensive pledges will be put in place to stimulate file huge changes across our industries and governments building on the edge of mince not to go just mining mines structuring insurance gesturing to islam as that is dark of the deliberate policies we manned in the last nine months my gunman to consolidate the growth of our economy. we will want to make it all fits because we'll always and but of course through modern infrastructure we will connect zimbabweans to each other to

delusion and to the world my government will facilitate more go ahead and this is framework to strengthen production links across business and industry as possible just for the portland plains to improve economic efficiency is through the use of appropriate technologies and innovations there is. what we might know as a shipment of from our social services sector to improve efficiency and the quality of service delivery may government will moves pretty early to refurbish and construct. education or what does senate version infrastructure in our country eaves is a promise we will deliver. to kickstart the

industrialization process we have set our into best shape and hugs and cuddles innovation to ensure that our education sector speaks to the present in the future social economic technological and scientific needs of our country. is our promise my administration will continue to play as well as and empowerment of women us and they describe it in every shift before economy. mix. and deliberate efforts to strengthen their capacity to produce speed in view going to me and governance. in all of these initiatives the creation of job was jogging and more

jobs will be made because of our policies let isn't gentleman region of a new and a prosperous america where this impact where we warrant is a shared one and transcends political party lines. as your president i plan. to act fairly and question without fear or favor the president of or zimbabweans. as always say. i am your loosening president has seven leader in this very does all of our public office. at any

level and a madness to this would be to exercise servant leadership in the exit usually of dead to tease. there must be a move and responsive in their interactions and dealings with the citizenry is. the bloggers in the second republic must be development oriented to sponsor the people's knee as well as exhibit. principles of professional ethics and integrity. my team is tension with depth will expect you probably accept our officials to deliver quality and it chemically said this is to the people as well and for us it gave business to

a good investment we don't want to put in the next unnecessary delay and let's face you and a corrupt it depicted will not be tolerated we must and this is a sad time in cutting and in a look eight dig out chunk of hard honest work the president you ssion of it but breakup of corruption would be carried out with his zero zero zero tolerance. into second any public nor press and no entity will get out to speedily little or pocket that which belongs to the people of bob. no one is above the law all these new day but with this

zimbabwe or one. do you still wish to get this. during. my governor or do you really made. provisions with regards to super lisa we have been listening there to zimbabwe's president and the sun has just been sworn in the capital had adi let's go to our correspondent hard of the toss is joining us live from the nationals stadium where it's all taking place the president for all zimbabweans he said announcing a new zimbabwe saying the election was fair and that democracy has come of age. not a time. he spoke about the incident of them all good when the opposition protesters and we took the streets challenging the election was only. one soldier's what's

important about that night isn't it time to think that it's the first time he's actually not living. your life for that violently gave any indication perhaps even really trying to win it by line and leading a line divided nation before you started his main speech. not only could you not. think that you didn't like me to disintegration mugabe declined to believe things like that he's not feeling well there goes my dream is not eating well and she didn't think of a medical check not about what you think you think his daughter born i know i think it is another indication god was trying to reach out to. allies like oh my god these the people who support he's also trying waters on any opposition leader some are but the main opposition leader nelson chamisa now clearly not against this inauguration ceremony. was talking about the validity of the election reaching out

to the opposition but he's also spoken and great lengths to do about the steps that he and this government are going to take to improve the economy. saying zimbabwe is open for business and opening a new chapter of relations with the world. exactly one problem this country has had is a problem with corruption throughout all systems of government all sectors of government there is these allegations of corruption for the age of the eating money . and a lot of people the poor people have suddenly doesn't even they don't know you're going to clamp down in this kind of behavior anyone who steals money will believe he's telling the babi right all the government economy anymore. in terms of dealing with corruption able to deliver services to the people right now it's all here they remember he was inaugurated nine months ago no good i mean was forced out of power he took it pretty much the same things in sort of the things that he's going to speak on and lot of people are frustrated because at the moment they still

experience cash crisis if you go to the bank economy to get all your money out the bank which. is high and employment people are frustrated so people now want to see action from him he's now leaving sworn in as president legitimately through an election what next how's he going to deliver he still say he's going to work harder and better jobs jobs and more jobs will be the core of their policy. that's what people want to hear people hope actually happens for the past nearly twenty years of this country under sanctions because even right one of the policies that robert mugabe implemented and so on lot of factories being closed down a lot of people out of work extends to the young who turn out in numbers to vote they really hoping you can witness on that promise something you got the support to say we may not be important to the job it will quite disappointing and hopefully you'll take this country for reminders actually very much for that for now that is how to live at adi we will have more news for you and just on certain minutes.

it was promoted as a masterpiece of the saudi crown prince's vision plans to sell shares in state owned oil giant abram co have been postponed so where this is leave saudi arabia's efforts to raise money and diversify its economy this is inside story.

hello welcome to the program i'm richelle carey saudi arabia house reportedly delayed its plans to list shares have been state owned oil company ram co on the stock market media reports say the initial public offering has been postponed indefinitely but the saudi government has disputed this the energy minister. says the government is committed to conducting the i.p.o. at the appropriate circumstances and time the plan to float around five percent of aramco was expected to be the world's largest stock sale and it lies at the heart of crown prince mohammed bin solomons vision to transform the economy of the government is faced widespread criticism for its crackdown on dissent and its military campaign and yemen so why is aramco important that was set up more than eighty five years ago and his sense become the largest oil and gas company in the world and manages the kingdom's large oil reserves of over three hundred billion

barrels its average daily crude production is ten point two million barrels a day but there's no clear data on how much the company is worth some analysts say it could be valued at one point two trillion dollars significantly lower than the official figure of two trillion dollars. as we have mentioned around coas at the center of the crown prince's reforms well to be implemented by two thousand and thirty the vision aims to diversify the saudi economy and make it less dependent on oil and includes building the world's largest solver and wealth fund and a five hundred billion dollar economic city called the oem but in a move that was widely criticized last year the saudi crown prince arrested dozens of singer members of the royal family government ministers and businessmen and what he said was an anti-corruption drive most were released after giving up their assets or paying billions of dollars the crown prince has also pledged to return saudi arabia to what he calls a moderate islam women have been allowed to drive and attend sporting events and

then almost forty year ban on cinemas and cultural events hasn't it let's bring in our panel here in doha masood so here it director of the gulf studies center of qatar university in washington d.c. mohammed chicago a professor of conflict resolution of george mason university and in singapore and joining us on skype james dorsey he is a senior fellow at the s. rajaratnam school of international studies at nanyang technological in a verse city a welcome to all of you thank you for joining me i'm actually going to start with the first question with all of you and i'll go to you first issue are you surprised by this delay. to be honest i'm not surprised of the city has been now reported about the change of the plan about their own court and i would like actually to put all of this into. real context. we have to remember that the whole issue of iran who is coming in a wide perspective with the political context which started with the emerging or

after the death of think of the law and the merging of king solomon from the day one of that. era it was clear that disarmament is will be the next king after his father and since that time there was focus on two main issues one is you know that that is the need the debate about political reform need to be stopped and need to be redirected and to be directed to need you need to create to bring to present or to suggest a new topic for the debate and that was the political economic reform and the core of the economic reform was the story and the and other details which came which basically after that story so i think. there is nothing to be surprised about if we remember that this is. the whole issue is about marking there are concerned

manhattan sentiment of that there is something important they are doing in the country and the main titles political economic reform to lead and to to consider the. unimportant compared with the previous kings ok we're going to take into some of the reason she touched on on some of them that are you surprised that this has been delayed indefinitely. no i'm not and i think what has happened so far in deciding the fate of the amp or i p or is a short. like short picture for or a token of asking the big question to what extent it reflects the dialogue of crown prince mohammed as a man and they think that is a difference between expectations and the know so positive reality and they

think back in two thousand and sixteen when he announced this deal he was building his momentum to become a future king and therefore now the momentum is waning away he and others in riyadh expected to generate a clist one hundred billion dollars of the five percent share of the company however to the best scenario best case scenario analysts are predicting no more than between fifty and seventy five billion dollars so i think there is a mismatch between what the comments and man full sees for his reform plan and his twenty thirty vision and do real assessment of world markets in terms of approaching or kind of keeping distance from this be or and i think there is also the political uncertainty and most of the vote in or the kind of the adventure is decided by many summit in yemen and libya annan also of his of iran have also

shadow this and have added to this and so that sort of the global investors are now taken making a second reflection on whether to go forward toward this ipod or for or sort of. we should also add that the fluctuation of the oil market and now the search for alternative energy is not on the side of the out on the guy paul at the present time ok. well come back to some of those issues that. james i suspect i know your answer to whether or not you're surprised because muhammad actually used the word that you have written about you said he meaning muhammad been solomon has been very good at creating expectations but not as good at managing expectations you think that's appropriate and appropriate description for how this is all played out indeed we've known for a considerable period of time that the i.p.o. at very best would be of late and may not ever happen the problem with all of this

is that mohamed bin so mom has indeed been very good at creating expectations but if you look at the last several months multiple incidents whether it's the. rest of the human rights activists whether it's various incidents in yemen with the killing of the deaths of children and women and other civilians or the spat with canada mohammad been some of the saudis have been reactive they've been behind the car instead of in front of the cart so with other words if you're clear that this i.p.o. is not going to happen within the timeframe that you initially had announced that you were going to be strongest if you were up front with managing the publicity and the the expectations in terms of the delay and what's going to happen mohamed some

of them some of the saudis have not been able to do that and measure the you mentioned this a little bit do you think that this is more of a. financial and economic failing or is this a political failing or or that the two enter twined when you're talking about saudi arabia. actually it is both because colonel prince mohammed bin sandman wanted to enter his his era of being a king with the successes in hand and that means basically he wanted as my colleagues were mentioning he presented an amazing expectation and he was aiming or hoping maybe hoping that some of this expect ation will be achieved while he can out of prince crown prince and then while after that of you he becomes a prince a king you know he will have some achievements in hand as we as we see the situation the whole thing is coming to from the gate of political change i mean they wanted the political change that political change has two main pillars one is

the size of the storm in yemen which we saw the consequences of that and how much it's costing and we show the other bell or what's basically the economy changes inside saudi arabia let's remember the two main pillars has been decided top down basically the these are not a decision which should lie on a popular demands of course there was some anger against iran and yemen maybe people they wanted the. economy to form but i'm not sure they wanted these things as we were presented by the monarch and so they did it so basically what we see what we are seeing so far is some you know decision were made in a political economic context assuming those will bring some changes or some achievements those will help crown a prince i'm not sure that all of this actually you know have brought any kind of

change or a serious change actually with the criticism that the kingdom is facing room or rights organization and from even the united states about what's happening in saudi arabia these kind of achievements. apparently are disappearing and we are witnessing another day lament that they condemn is facing and i think the decision made in. last a few days they need more you know kurt except you ation to the situation with or with already was sick so i think you're ok jefferson i want to get into this conversation so when you want to launch an i.p.o. here you're you're inviting the world into your home and to your books and to a level of scrutiny that saudi arabia has never really faced or had to answer to anyone for do you think that they are prepared for that mohamad well it depends on when we ask this question i remember back in two of those in sixteen early two thousand and seventeen there was an influx of phone on c. and c.

or was coming from all over the world to riyadh and some of the matter with for two to three days to meet the representatives of the two to me that was the attacks or the highest level of this i've because that has created a lot of vibration in world markets but now i don't think that many c.e.o.'s would go to searching for that meeting or that discussion i would like also to add that if we can so that this kind of yes or no question to with that there will be an i.p.o. it reflects badly on the political economy of saudi arabia and the income advancement and let me also add another factor that is now kind of hindering the momentum which is how mcgoohan solomon was good articulate in what they call symbolic politics a lot of symbolism a lot of predictions a lot of expectations however when it comes to the delivery of the of these

promises it seems that he cannot achieve much let alone that the next twelve months between.