Mboweni On Zimbabwe: From Bad To Worse
Whoa! Finally a high ranking government official, Reserve Bank Governor Tito Mboweni, has finally stated the obvious: Zimbabwe is not getting better despite Thabo Mbeki repeatedly telling us that silent diplomacy is working and a negotiated end to the economic woes is just around the corner.
Mboweni also said Zimbabwe’s seizure of white-owned farms by government-backed militia in neighbouring Zimbabwe was “a total disaster,” and that successful economies demanded that governments respect property rights.
“Things are beginning to move from bad to worse,” Mboweni said.
And with that talk about respecting property rights you’d think he was in the Thatcher administration rather than being a member of a socialist leaning party?