Mnangagwa is no born-again democrat. He was Mugabe’s hatchet man for 37 years, and now half of the country’s US$10 billion domestic debt has been run up under his administration.
Mnangagwa’s regime unlikely to clean up the fiscal mess because its principals continue to profit from Zimbabwe’s economic mayhem.
Studies used to justify the massive loans were ridiculous, assuming that Mozambique could sell tuna for four times as much as nearby Seychelles. It was like lending to a gambler who says, “I am broke but will surely win next time”
As Mugabe’s case teaches Africa’s strongmen, leaders who have grown accustomed to taking Chinese support for granted should think twice
More than 63% of the world’s commercial seed is now owned by six corporations. New proposed mergers will reduce this to just three