China’s President Xi Jinping is willing to work together with Zimbabwe’s new leader, Emmerson Mnangagwa, an envoy said yesterday, giving hope to the possible revival of ‘mega deals’ signed between the two countries two years ago.
Regional seed producer, SeedCo narrowed its loss after tax to $2 million in the six months to September from $9.3 million in the comparable period last year, attributable to an increase in sales and a decline in finance costs.
British Foreign Minister Boris Johnson says Zimbabwe’s new president Emmerson Mnangagwa must demonstrate his sincerity to reform the country by delivering political and economic reform because a transition from one despotic ruler to another would be a tragedy for Zimbabwe and its people.
Recent events in Zimbabwe have reminded me of a story The Insider published three years ago, in April 2014.
Zimbabwe’s infrastructure bank today listed two bond facilities worth $65 million on the Finsec alternative trading platform, as it seeks to raise funds to finance its energy projects.
The Movement for Democratic Change has welcomed President Emmerson Mnangagwa’s three-month amnesty for all those who externalised money and assets to bring them back without any questions being asked but added that this fight should not be motivated by political or factional considerations.