Obstinacy

Leading economist, John Robertson, predicts further company closures in an economy believed to operating at 30% capacity. Robertson said the country needs to revive the productive sector in order to improve liquidity.

Unfortunately, such prescriptions are pointless, given the obstinacy of Mugabe’s administration. It is critical that government puts in place policies that attract foreign investment. Last week, President Mugabe snubbed the EU summit in Brussels, which was the perfect opportunity to re-engage donors. After failing to incite a continental boycott of the Brussels summit and most likely ashamed to publicly say so, Mugabe has Nicodemusly told the Dutch envoy that he wishes to re-engage the EU.

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