Mugabe Deserted By “All Weather Friend" As China Joins West In Demanding Reforms In Zimbabwe

 Mugabe Deserted By “All Weather Friend
Published: 2016 September 01 07:42:40 (2566 Views)

PRESIDENT Robert Mugabe is a trapped man, having now presided over Zimbabwe’s indebtedness to both friend and foe, an economist has said.
University of Cape Town Business Graduate School lecturer, Mills Soko, told CTV’s John Matisson that China had now joined Western countries in demanding political and economic reforms from Mugabe before any bail-out package could be considered.
“Mugabe looks more dependent than ever, he is indebted to China as well as the West. Zimbabwe is bankrupt and has run out of cash,” he said.
China has made it clear it will not extend any rescue package until the issue of political succession has been sorted. There is also the issue of Zanu PF renewal and China has made it clear there is need for revitalising the party.”
Zimbabwe’s problems, according to Soko, stem from “a dreadful governance” situation that should be addressed, but Mugabe remains “a barrier even to reformists within Zanu PF”.
He said the Look East Policy had allowed China to increase its economic footprint in Zimbabwe, but Mugabe had since defaulted in paying loans amounting to $1,5 billion. Soko said China had given indications that it would accept Vice-President Emmerson Mnangagwa as Mugabe’s heir, but the internal struggles for power within Zanu PF made the situation murky.
“It is widely believed that the Chinese would prefer Mnangagwa. They have a long history of working with him after he trained in that country in the 1960s. Mnangagwa has a chequered history and was involved in unsavoury incidents in the country, including the Matabeleland massacres,” he said.
“He has served in Cabinet since 1980 and is very close to the security. Of course, he is positioning himself as a reformer. There several interests that are coalescing around him, especially the military, but there is opposition to this from G40, led by the likes of [politburo members] Jonathan Moyo and Saviour Kasukuwere, who have teamed up with the First Lady (Grace Mugabe). Mnangagwa is in a good position, but it will not be an easy ride.”

Soko claimed Mugabe’s recent moves to seek assistance from international finance institutions represent a “humiliation”.
“It represents a realisation that the Look East Policy has failed. It was designed to counter Western influence and pressure and now he has gone back to these Western countries, whom he owes in excess of $1,8 billion,” he said.
“This is a very clear case of humiliation on the part of Mugabe having to see his Finance minister (Patrick Chinamasa) traverse Western capitals with a begging bowl seeking support from the West.”
Soko said Chinese leader, Xi Jinping has seemingly taken a hardline stance against the Zimbabwean strongman. “China has made it clear that Zimbabwe needs to find her way out of the current morass. China has also become more assertive under Xi,” he said.
Soko said South Africa had an important role to play, as Zimbabwe’s neighbour and largest trading partner. “South Africa has to engage to address issues related to political succession and economic reforms to ensure Zimbabwe comes back to sound footing,” he said.
“We are dealing with a failing State. With the security situation failing, including the (late) payment of soldiers and police, we have a serious situation. We saw such a scenario in the then Zaire (now the Democratic Republic of Congo) under Mobutu (Sese Seko) and it led to his ousting.”




- NewsDay
Tags: Mugabe, China, West,
 1

You May Like These Videos

Comments

| Comment With Facebook Submit
Anonymous user 2016 September 01 14:37:38
The masses are suffering,very brutal regime

Big Reads

Pictures show fuel tankers offloading fuel in the bush

by Moses Zhou | 2019 August 13 07:53:37

Schoolgirl drops out after continuous 'sexual abuse' by teacher

by Staff Reporter | 2019 August 13 07:42:33

Bulawayo prostitutes dollarise

by Staff Reporter | 2018 December 01 00:43:29

DRAMA as mourners fight over deceased loan sharks' loot

by B-Metro | 2018 November 30 23:35:19

'Tsvangirai's ex' on police wanted list

by B-Metro | 2018 October 19 12:39:23

Dumped man glasses wife's face with broken beer bottle

by Staff Writer | 2018 October 19 12:32:05

Zimbabwe prostitutes hike prices

by Zimbabwe prostitutes hike prices | 2018 October 18 17:13:08

Pastor shocks female congregant with new panties

by Metro Writer | 2017 March 28 10:50:44

Harare man steals 10kg mealie meal from neighbour

by Court Reporter | 2017 March 28 07:56:29

Four company directors die in Vumba Mountain plane crash

by Staff Writer | 2017 March 28 07:38:59

Man with 'deformed' body bashes parents

by Staff Writer | 2017 March 24 09:48:46

Mugabe Knows Nothing About The Zimbabwe Constitution: MP

by Staff Reporter | 2016 October 01 08:12:02

Troubled Harare Giants Dynamos Falls Into Another Deep Crisis

by Own Correspondent | 2016 October 01 07:49:17

Shock As Local Bank Denies 'Rich' Mugabe's Son Heifty Credit

by Own Correspondent | 2016 September 30 19:14:54

Mugabe "Home Coming" And "Thank You" Rally On Cards

by Own Correspondent | 2016 September 23 06:48:24

Prof Moyo Was Dumped By Western Embassies, Claims Mutsvangwa

by Staff Reporter | 2016 September 22 10:08:07

Prof Jonathan Moyo In Fresh Beef With War Vets

by Own Correspondent | 2016 September 22 07:48:10

You Are Too Old To Lead, Aging Zim President Mugabe Told

by Own Correspondent | 2016 September 22 07:19:25

Younger Lover Beats Up Sugar Mama For Cheating

by Own Correspondent | 2016 September 20 03:21:43

Anti-Corruption Commission Loses Property In Failed Probe

by Own Correspondent | 2016 September 20 03:18:19

Mutsvangwa's Son Caught Up In Rape Case

by Own Correspondent | 2016 September 20 01:24:00

REMAINING PSL FIXTURES: ONLY 7 WEEKS LEFT

by Sports Correspondent | 2016 September 20 01:21:33

Victims Involved In Horror Crash Named

by Own Correspondent | 2016 September 20 01:16:09

Man Kills Uncle For Taking Him To Prophet

by Own Correspondent | 2016 September 20 01:11:08

Mphoko Threatens Zimra Over Irregular Taxes

by Own Correspondent | 2016 September 20 01:07:44

China Pours $46m On New Parliament Construction

by Own Correspondent | 2016 September 20 01:05:11

SHOCKING:14 Year Old HIV-Positive Boy Rapes 7 Pupils

by Own Correspondent | 2016 September 20 00:04:55

Tajamuka Slams Zimpapers, Fumes Over

by Own Correspondent | 2016 September 19 11:56:42

Mthwakazi Activists Torment Mujuru

by News Editor | 2016 September 19 10:52:58

We Did Not Fire Live Bullets: Police

by Staff Reporter | 2016 September 19 08:09:20

Ruling On 58 Protesters Expected Today 



by Court Reporter | 2016 September 19 08:10:40

6 Zanu PF Youths Nabbed For Assaulting Cops

by Court Reporter | 2016 September 19 08:11:50

Mutare Con-artist Cracks Zanu PF

by Own Correspondent | 2016 September 19 08:13:32

MSU Student Caught Peddling Drugs Tor Tuition Fees

by Own Correspondent | 2016 September 19 05:29:18

ZIMRA Dishes Out Rewards To Faithful Tax Payers

by Own Correspondent | 2016 September 19 05:24:19

Headmaster ‘Steals’ $17 000 From School's Fees

by Own Correspondent | 2016 September 19 05:21:24

Mujuru Party Fails To Pay $15 000 For Printed T-shirts

by Own Correspondent | 2016 September 19 05:14:37