Mugabe still optimistic about help from China


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President Robert Mugabe is so optimistic that China will bail out Zimbabwe and help it revive its economy. But unlike what most people thought, this will not be a cash bail out. “Takabva KuChina masvondo maviri apfuura aya, aiwa vekuChina vakativimbisa kuti aiwa maprogramme enyu amuinawo ese angava eagriculture kana ekugadzirisa migwagwa imi monyora pasi kuti zvamunoda ndezvizvi tinokubatsirai. Saka vaifunga kuti hatina shamwari vachitiisira zvirango pamusana pekuti takatandanisa mabhunu muno — haiwa ngavaone kuti tichiri neshamwari,” Mugabe said at the installation of two chiefs in his home area.  Finance Minister Patrick Chinamasa told Parliament that China does not give budgetary support to any country but it is prepared, without limit, to fund any bankable, feasible and viable projects. He was responding to questions from Members of Parliament who wanted to know what the minister had brought back from his trip where he was joined by President Robert Mugabe and several government ministers. “China is interested in funding infrastructural development for our countries. The dialogue and the negotiations with the Chinese authorities are about funding infrastructure in our country, addressing issues of power deficit, dualisation of our highways, railway rehabilitation, water and so on. Those are the projects that China is interested to fund,” he said.

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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