Five companies including ArcelorMittal South Africa, the South African arm of the world’s largest steel producer and Jindal Steel and Power of India are bidding for a stake in the troubled Zimbabwe Iron and Steel Company (ZISCO), reports said today.
President Ian Khama of Botswana long considered one of President Robert Mugabe’s strongest critics today closed ranks with fellow Southern African Development Community leaders and called for the removal of Western sanctions on Zimbabwe. “I think right now we are in a situation whereby those on who sanctions have been applied feel very strongly that this is a hindrance,” he said. “We have seen the economic situation improving and we are seeing the political situation improving.
Prime Minister Morgan Tsvangirai will remain the leader of the MDC-T until the party achieves its core mission of delivering political change in Zimbabwe, the party said today.
German’s ambassador to Zimbabwe Albretch Conze was today quoted as saying that sanctions on Zimbabwe were poisoning the political climate and making it difficult for SADC- appointed facilitator South African President Jacob Zuma to mediate the dialogue between ZANU-PF and the two MDC formations.
President Robert Mugabe today said foreign investors should embrace Zimbabwe’s equity laws which require them to sell 51 per cent stakes to locals or “stay out.” “Our resources are ours, they belong to Zimbabweans, they belong to the sons and daughters of Zimbabwe and those who want to share our resources must get our permission to do so,” Mugabe told mourners at the burial of Ephraim Masawi.
The European Union today said it was not lifting sanctions against Zimbabwe because they were not hurting ordinary Zimbabweans.