The HSF hosted conference discussed the future of economic relations between the EU and African countries. How can growth be achieved, what are the opportunities and obstacles, what conditions have to be met and what are the tools that can be used to stimulate economic development? In Zimbabwe, the Mugabe era, which had dominated the country for decades, came to an end in November last year. After the recent elections, Zimbabwe is now looking to revive the economy and to reconnect with the international community.
Former Finance Minister and ZANU-PF Secretary for Finance Patrick Chinamasa and Dr Tapiwa Mashakada, MDC Member of parliament and former Minister for Economic Planning and Investment Promotion, met with Elmar Brok, member of the European Parliament and Head of the recent EU Election Observer Mission to Zimbabwe. He explained that the EU is keen to develop relations with the country and ready to also lend financial support - but he also made it clear that certain conditions have to be met: it is time for President Mnangagwa to "walk the talk". Elmar Brok referred to the report of the election observer mission which, among other things, pointed out the need to allow the opposition meaningful access to Public Media and to ensure that the Election Commission in the country is truly independent and functions well.
The Zimbabwean economy currently faces yet another deep crisis - hyperinflation, a severe cash crunch, high debt levels, a shortage of petrol and a dramatic lack of basic goods in the shops. These developments have recently added to the hardships of the people and the ongoing problems of the country which is plagued by unemployment of up to 90%. Zimbabwean society is also characterised by sharp political conflicts and, following decades which saw no real democracy, and all too often tyranny, a marked lack of trust. Against this backdrop, the conference discussed reasons for the ongoing crisis and its current escalation, as well as possible solutions which could help the tormented country to find its way on a path to recovery.
You can find the full report of the European Union Election Observer Mission which was released last week by using this link: