“Joachim Chissano warns of ‘consequences’ rippling across southern Africa in wake of Zimbabwe’s troubles”
Do you comprehend this? Former Mozambican head of state, Joachim Chissano, believes that Zimbabwe’s predicaments are resulting in “dreadful outcomes” for the economic potential of southern Africa and immediate action must be taken to amend it.
Chissano, who chairs a high-level discussion on Zimbabwe’s effort to resolve its prolonged standoff with its creditors and the international community, spoke at the fifth round of talks in Harare, which was also attended by African Development Bank (AFDB) president Akinwumi Adesina and Zimbabwean President Emmerson Mnangagwa.
Zimbabwe is currently in debt to international creditors to the tune of $8.5 billion, the majority of which is in arrears. Chissano added that infrastructure expansion, including roads, railways, and power transmission lines, has come to a halt since they have to pass through Zimbabwe.