Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Mbeki told to trade loans for Zimbabwe reforms

Basildon Peta
Wednesday 20 July 2005 00:00 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A desperate Mr Mugabe dispatched Gideon Gono, the governor of the Reserve Bank of Zimbabwe,with a begging bowl to South Africa at the weekend as the embattled southern African country faced total collapse.

No fuel imports have been made into Zimbabwe in the past three weeks due to a severe foreign currency crisis. Power cuts are frequent, forcing companies to scale down operations. This has in turn worsened a dire food situation with supermarket shelves now empty of basic foodstuffs, and at least four million Zimbabweans in need of food aid.

With the Mugabe regime having completely destroyed the tobacco export sector through the violent eviction of more than 4,000 white farmers, and with virtually no prospects of foreign currency trickling in after the IMF and World Bank rejected Mr Gono's pleas for new loans, the country desperately needs foreign help to avert collapse.

Analysts said Mr Mugabe's plea for help from South Africa provided Mr Mbeki with the best-ever opportunity to demand a package of reforms.

South Africa has already set some conditions, including a demand that a demolition blitz of informal settlements in opposition strongholds be stopped. The blitz, which has earned the ire of many including former US President Bill Clinton who is visiting South Africa, has left hundreds of thousands homeless.

After South Africa's intervention, Mr Mugabe's government announced at the weekend that the demolition campaign was being temporarily stopped. But analysts said Mr Mbeki should make more demands before considering any help.

The opposition Movement for Democratic Change (MDC) said Mr Mbeki should demand that Mr Mugabe restore the rule of law and engage the opposition and civic society for a settlement of the political crisis before considering help to Zimbabwe.

MDC spokesman Paul Themba Nyathi said Mr Mbeki should address the real causes of the crisis in Zimbabwe instead of its symptoms.

South Africa's main opposition party, the Democratic Alliance, has vowed to resist attempts to use South African taxpayers' money to bail out a "rogue regime" unless strict conditions were put forward.

Mr Mbeki's cabinet confirmed the bail-out request from Mr Mugabe.

The Zimbabwean government also confirmed it needed help. President Mugabe leaves for China on Saturday to beg for more loans.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in