Zimbabwe: on the edge of the abyss


	Zimbabwe: on the edge of the abyss

hayesstw

10-13-2008 5:47 AM

348 views

tags:

zimbabwe, financial crisis, thabo mbeki

hayesstw says:

Thabo Mbeki is back in Zimbabwe, trying to patch up the power-sharing agreement that he helped to patch together just before he resigned as president of South Africa.

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10-13-2008 6:51 AM

michellezm

He didn't resign until after he was fired, kicked-out, ousted in a bloodless coup by the Jacob Zuma faction of the ANC. His resignation was a face-saving technicality.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bbe23206-dd09-4fdc-8e27-8b6c60629af7/3D2FA372-D387-423A-9864-8A74F632C296/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.hararetribune.com/index.php?option=com_content&view=article&id=415:sliding-into-the-abyss&catid=89:personal-glimpses&Itemid=270" href="http://www.hararetribune.com/index.php?option=com_content&view=article&id=415:sliding-into-the-abyss&catid=89:personal-glimpses&Itemid=270" style="font-size: 11px;">www.hararetribune.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.hararetribune.com/index.php?option=com_content&view=article&id=415:sliding-into-the-abyss&catid=89:personal-glimpses&Itemid=270"><SPAN>Yesterday the World Food Programme issued an alarming statement on the food crisis in Zimbabwe. They appealed for an additional US$140 million to cover the shortfall in basic food aid for the next six months. What they did not say was that this still leaves a shortfall in overall cereal and oilseed supplies of 800 000 tonnes for the next 6 months. </SPAN>
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.hararetribune.com/index.php?option=com_content&view=article&id=415:sliding-into-the-abyss&catid=89:personal-glimpses&Itemid=270">They also did not tell the world that the funds they had paid to the NGO’s doing food distribution had been taken by the Reserve Bank and the organisations could not pay their transporters for transport services or buy fuel. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.hararetribune.com/index.php?option=com_content&view=article&id=415:sliding-into-the-abyss&catid=89:personal-glimpses&Itemid=270"><DIV>no less than US$500 million has been pilfered from the State and private coffers in this way. That is enough money to feed the entire population for 7 months. No wonder they do not want to wrap up this agreement and swear in a new government. They must be terrified of anyone getting into the vaults and records at the Reserve Bank. </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3D2FA372-D387-423A-9864-8A74F632C296/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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