UN appeals for $86M in food aid for Zimbabwe
The UN has issued an urgent appeal for $86m in food aid for Zimbabwe.
The country’s debilitating economic downturn has made food supplies unstable. The government earlier this year began providing meat from wild animals to prisoners after they rioted over their meatless diet.
German delegation to visit Zimbabwe
A GERMAN business delegation will visit Zimbabwe next week as the country warms up to international investors.
The delegation will be led by German-African Business Association CEO Christoph Kannengiesser and will be in the country from October 19 to 23.
“The programme of the visit comprises meetings with government representatives, a business roundtable and a workshop focusing on doing business in Zimbabwe,” the German Embassy in Harare said yesterday.
The German-African Business Association (Afrika-Verein der deutschen Wirtschaft) is the foreign trade association representing more than 500 German companies and institutions with an interest in Africa.
Ball in Zimbabwe’s court: IMF
The International Monetary Fund (IMF) says Zimbabwe should prioritise clearing arrears to international financial institutions (IFIs) to be able to access new financing.
On Thursday, Zimbabwe’s plan to clear its arrears to IMF, World Bank and the African Development Bank (AfDB) was approved by creditors in Lima, Peru, on the sidelines of the two institutions’ annual meetings.
Responding to questions from journalists on Zimbabwe’s plan, Antoinette Sayeh, IMF director (African Department), said the arrears had to be cleared for Zimbabwe to access new financing.