Zimbabwe Says Western Hostility Is Deterring Investors

Zimbabwe says Western hostility towards the country is deterring investment, in sharp contrast with efforts by President Emmerson Mnangagwa to woo Western governments.

Presidential spokesman George Charamba said delays caused by the oppositions court challenge to Mnangagwas election victory were also putting off investors. Economists say for the southern African nation to revive its struggling economy, it needs to clear its arrears with Western donors and agree a financing programme with the International Monetary Fund. But Charamba said Western states were preventing that. He said despite these attempts, Zimbabwe has good relations with Southern African governments and the BRICS (Brazil, Russia, India and China) states.