Zimbabwe's Mugabe Proclaims Himself Africa's Goldman Sachs
February 21, 2013 - 6:59pm
Since we first started discussing the new frontier of investment (or economic hitmen), Africa has been appearing more and more in the headlines - from labor conditions in the South to military action in the North. Natural resources and leverageable assets remain key as the infamous Zimbabwean 'dictator' Robert Mugabe, fighting for re-election at the age of 89, maintains that Zimbabwe's difficulties stem from a Western plot to re-colonize it. With more than 80% of the country unemployed but rampant inflation somewhat calmed, Reuters notes that Mugabe believes "It's God's choice" that he is running in this close election. Just like Goldman Sachs "doing God's work", Mugabe believes "this is a task the Lord might have wanted me to fulfill among my people...," regarding the liberation struggle for black economic empowerment. More than 4,000 out of an original 4,500 white-owned farms have been seized since 2000 under a program he says is aimed at correcting land ownership imbalances created by colonialism. The consensus is that a free and fair election will create a true democratic outcome, but as one local noted "with his record I just don't see how Mugabe can win a free and fair election." Indeed, though the jackals remain. How the Economic Hitmen work...an oldie but a goodie... Via Reuters, Robert Mugabe said he had a "divine task" to lead Zimbabwe, shrugging off concerns about his health and fitness for office as he prepares for what could be one the closest election battles since he came to power in 1980. Few Zimbabweans are ruling out victory for the 89-year-old Mugabe even though his country, once an African success story, is in a decade-long economic slump worsened by Western sanctions and more than four fifths of the population is unemployed. ... Rampant inflation has calmed, the mining sector is buoyant and agriculture is picking up after turmoil caused by the seizure of farms from their white owners under Mugabe's policy of black empowerment. Mugabe, Africa's oldest president, maintains that Zimbabwe's difficulties stem from a Western plot to re-colonize it, a view that strikes a chord with his supporters, who see the sanctions as punishment for a justified campaign to wrest their country's wealth from the hands of foreign corporations and the white minority. ... "Why is it that all my friends are gone and my relatives are gone and I continue to linger on? Then I say to myself, well, it's not my choice, it's God's choice," Mugabe said at the party late on Wednesday, which was attended by state media. "This is a task the Lord might have wanted me to fulfill among my people...," he said. "I read it as a bidding of God... The bidding says you move forward ever." ... Mugabe says he wants to continue the liberation struggle and consolidate black economic empowerment. More than 4,000 out of an original 4,500 white-owned farms have been seized since 2000 under a program he says i...
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