Mnangagwa plans economic revival 

Source: Mnangagwa plans economic revival – The Standard January 21, 2018

Zimbabwe’s new president, Emmerson Mnangagwa, has a plan to revive one of the world’s worst-performing economies and end its isolation: pay compensation to white farmers whose land was confiscated, sell bonds to rebuild infrastructure and hold internationally acceptable elections.

Bloomberg

It’s a tall order for a man who served more than half a century at the side of former president Robert Mugabe and was a key figure in a government that oversaw an economy that halved in size since 2000 and the collapse of the agricultural industry. Yet, Mnangagwa, a 75-year-old former spy chief, remains optimistic he can win lender support and tap international capital markets.

“Can we not do it? We think we should do it,” he said of a potential bond sale in an interview Thursday. “We really need a substantial investment in the productive economy.”

COMMENTS

WORDPRESS: 2
  • comment-avatar
    mazano rewayi 6 years ago

    We have dreamt, we have planned and we have talked. It’s time we simply do.

  • comment-avatar
    JRR56 6 years ago

    And on top of all this give free cars to MP’s