Mugabe asking Zuma for more funds.
It has been known that over the years, Zimbabwe and South Africa have been through a great amount together. South Africa has definitely helped Zimbabwe a great deal, and been there for Mugabe and its people through all the thick and thin, when others were not there. One example of this is with the imports from South Africa to Zimbabwe, such as food, when there was barely anything on the shelves in Zim. Zimbabwe went from there being nothing to many varieties of South African food goods. However, as Malcom Sharara, from News24, states it in the article that Zimbabwe has a love-hate relationship with South Africa. This is because the trade affair is not exactly even.
The governor of The Reserve Bank of Zimbabwe, Gideon Gono said that 60% of Zimbabwe’s’ imports are from South Africa. It is not a bad thing that the imports are from South Africa (at least Zimbabwe is helping another African country produce, and not an international country). It is the fact that the products that are being imported are finished and completed. Not even half-heartedly done. I completely agree with Gono not being happy with this, and the fact that it is not going to help the Zimbabwe economy grow, because they are spending more on imports than they are selling as exports. The people of Zimbabwe are slowly getting unemployed or staying unemployed because there are no available jobs for them, due to the fact that all the products are completed in South Africa. I for one know that this is not because the people in Zimbabwe are incapable of producing the same product; it is because there are no resources in Zimbabwe such as the machinery and raw materials. This is what Gono is trying to put across which is extremely delightful to see that someone in Zimbabwe is actually stating the obvious and trying to sort it out. This is on of the basics that Zimbabwe is lacking and so from here onwards it could hopefully only get better.
Trade has increased from $4.6bn in 2011 to $5.9bn in 2012. This is not a bad thing that trade has increased, because this is what is actually help keeps the economies going, and some people satisfied. However what needs to be changed is the fact that more foreign currency is leaving Zimbabwe than is coming in, making it poorer. When the people of South Africa want to invest in Zimbabwe, the problem lies with them trusting the economy and making sure that their money is safe. As soon as there is any failure in Zimbabwe, Mugabe is not afraid to take anyone’s assets away from them in order to help the economy. Not even an explanation is needed. Why should people work so hard for themselves for nothing?