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Africa Subsaharan
Zimbabwe appeals for more investment
2009-06-13
[Mail and Globe] Zimbabwe's political and business leaders on Friday made an impassioned appeal for an end to sanctions and for more international investment, hours ahead of a meeting between Prime Minister Morgan Tsvangirai and President Barack Obama.

"Sanctions in this juncture in our history are meaningless," said Deputy Prime Minister Arthur Mutambara.

"Help us help ourselves by removing all those sanctions so Zimbabwe can have a fresh start," Mutambara told the World Economic Forum on Africa, held in Cape Town.

Mutambara followed former opposition leader Tsvangirai into a unity government in February, hoping to weaken the authority of long-time President Robert Mugabe.

Tsvangirai is touring Western countries in a bid to persuade them to end sanctions and provide vitally needed aid to kick-start Zimbabwe's battered economy.

But he faces an uphill struggle because of international mistrust of Mugabe, who still seems reluctant to loosen his grip on power and embrace market reforms.

Zimbabwe's cash-strapped African neighbours have failed to respond to its pleas for a $2-billion economic rescue package.

Investors from South Africa -- the continent's richest country -- are waiting the implementation of a new bilateral investment-promotion and -protection agreement before they move in.

"Zimbabwe doesn't have the luxury of time on its side," warned South African Deputy President Kgalema Motlanthe.
Posted by:Fred

#4  You've had over 30 bloody years to try and make communism work, why stop now!

Maybe they should switch over to Marxism instead of Maoism.

/sarc
Posted by: Pappy   2009-06-13 16:18  

#3  For as long as Bob and the looting Thugocracy are involved, go ask the Chinese, they did fund your war to free the povo (to starve). Or is that debt still being paid and all those dollars will end up in China. Ah, the irony.
Aid and an end to sanctions: just say No. What is good for the goose is good for the gander.
Posted by: Rhodesiafever   2009-06-13 14:28  

#2  Here's 100 trillion Zimbucks. Invest in a .30 cal bullet.
Posted by: ed   2009-06-13 09:25  

#1  "Zimbabwe doesn't have the luxury of time on its side," warned South African Deputy President Kgalema Motlanthe.

You've had over 30 bloody years to try and make communism work, why stop now!
Posted by: Besoeker   2009-06-13 07:38  

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