Mugabee

[Grandpappy]

How is Zimbabwee financing itself? With inflation running(claimed) at 2-4million %, someone or nation/company/country must be trading with them ?
Where does Mugabee stash his money and why can't we(?) get to it?
If the words 'OIL' or 'NUCLEAR' appeared in the equation then most of the world would have been in there,like rats up a drainpipe!
Can we ( or do we want to ) stop it?
Cheers all
Grandpappy

[Lonnie]

Fridays paper, (Mail) said that companies like Tesco and Waitrose are buying Zimbabwe's produce, on the grounds that if they don't, then the people will starve, (joke, isn't it), you don't need to educated to guess where the money is really going, and I would hazard a guess, that there are quite a few European comanies doing the same thing.

[sp1214]

What are the workers being paid in? The streets of Harare seem busy with many cars about.

[alponce]

Shell oil supplies half the countrys fuel so thats a massive amount of revenue being pocketed by the government aswell as shell

[Grandpappy]

Yeh!!
Thanks for the replies folks. I've just been reading in the Observer that Anglo American & several other mining companies have just signed new contracts and deals with Zimbabwe, and that Mugabe has imposed terms and conditions that will, effectively, give 51% of ownership to the government. I wonder, would that be the same anglo/american countries that went into Iraq on the grounds of 'humantiy' ? Also Barclays and other banks are still doing 'good' business with Zimbabwe. So now we know how he finances his army? of thugs and that his country has the second largest supplies of Platinum,Silver,Gold,Asbestos and Copper and still he is a very poor,sad , little man!
Cheers
Grandpappy

[Peter Pedant]

There is also dollarisation going on

Paying for produce in greenbacks is a criminal offence, however it is creeping in.

[In modern Vietnam all large transactions are done in Dollars and the small change in dong]

If and when Tschangirai gets to power, as a little man I thought he coud stabilise the currency at a stroke by saying The AMerican dollar shall be the currency of this country.

[alponce]

SHELL OIL B.P OIL AND MANY SUPERMARKETS THAT YOU BUY FROM support the economic situation in that country have you read the papers .
Sorry not angry at you just at the ignorance of the people who run these institutes

[tufty7]

This is not a comment to turn this into a racist thread at all, when Mugabe set about almost ethnic cleansing white farmers from Zimbabwe he set in motion a collision course, the workers on the land were unable to plan the work to get the cycle of seed to crop that was required , they have as quite rightly been stated , turned the bread basket of africa into a barron third world country run by a dictator , the sooner Mugabe passes on the better , just suprised he hasn't met a hit man along the way .......

[terambulan]

I read (dont know where, as it was some time ago) that China & Russia were Zimbabwe's financers? Anyone got any broadsheet threads?

Mugabe's power is now in the hands of his Militry who perpetuate the horror of Zimbabweans for their own financial ends. Mugabe hates UK (he was educated in UK). We will sometime learn not try to educate apes!

[Brinjal]

Sanctions on Zimbabwe were targeted sanctions travel bans) against the hierachy not the country in general. There are still a lot of countries that do trade ith Zimbabwe. The economy is being kept off the floor by Zimbabweans themselves who always "make a plan".
The saying was the British are always best with their backs against thewall. Well so are the Zimbabweans. They refuse to lie down and die.
Remember also that Zimbabwe (Rhodesia) underwent total sanctions during UDI and not only survived but flourished until a bunch of thieving greedy thugs got hold of the place. I also dont want to make this a racial issue but it is the same breed of people that kept the country going under sanctions thta are oing so now. It might be better if we stopped "Making a plan" and let the whole place collapse then maybe the government would change. But that would not help the Zimbabweans in general so we soldier on.

[paddiez]

Zimbabwe has coal,gold,emeralds,diamonds and many minerals all purchased by just about every major economy. Some farms are still producing significent amounts of produce,most exported for currency. So,although the country appears poor in reality it is not. But Mugabe and his thugs pocket most of the income leaving nothing for the man on the street. Having said that it should be noted our government pays an inordinate amount of aid to Zimbabwe and on top of that most large companies in Zimbabwe are owned by the British.