Opinion / Columnist
VP Mnangagwa fails to get $1 of ZimAsset from Belarus - not fooled by the hen's teeth sanction!
20 Jul 2015 at 10:44hrs | Views
VP Mnangagwa, who is on a ZimAsset begging trip to Beralus will be coming back with not a single dollar of new investor money. He hoping to import $150 million of mining equipment assuming the African Development Bank agrees to pay the supplier up front.
VP Mnangagwa the Beralus supplier that Zimbabwe and Belarus have a sound relationship considering that there is no time the former Soviet nation had imposed sanctions on Zimbabwe like what the western countries and their allies had done resulting in Zimbabwean companies failing to secure and purchase spare parts.
This is like one of those vinyl records with bad scratches, each time it is played it will repeat the same line over and over again. Most people have heard Zimbabwe leaders repeat the line of how the sanctions imposed by West on Zimbabwe have destroyed the country's economy. The thing is no one believes this nonsense and they have all been laughing at Zimbabwe.
Even the people in Belarus, who were hearing sanctions excuse for the first time, must have asked their fellow countrymen/women, why Zimbabwe had not, until now, imported the entire nation's requirements from Belarus since the later had not joined the West in imposing these sanctions. Their countrymen would have explained that Belarus, like all the other many countries that did not join in imposing sanctions, had done very little trade with Zimbabwe in the past because the country is notorious for not paying its debts.
It was not sanctions that have destroyed Zimbabwe's economy but rather mismanagement and corruption. For 35 years the Zanu PF regime has denied these problems thus allowing them to grow and spread so that now they are in every façade of the country's economic activity. They are so big and viral they are overwhelming and killing the economy.
"The Executive Director of Belaz Mining Equipment Manufacturing Company, Mr Peter Parkhomchik commended the relationship between Zimbabwe and Belarus, saying his company is set to supply the right equipment that will assist Zimbabwe realise its dreams," said a ZBC report. "He said his company has reached an agreement with some Zimbabwean mining companies with financing from African Development Bank (ADB)."
Zimbabwe has had problems securing funding from ADB, as with all the other international financial institution like the IMF and WB, because the country has repeatedly failed to service its previous loans. No doubt Mr Parkhomchik is a shrewd business man to know all this.
"Yes, Mr Vice President Mnangagwa it must be terrible to have to endure these illegal sanctions the West imposed on Zimbabwe," Mr Parkhomchik might have reply.
Afterwards he would have told his financial guys "Make sure nothing leaves Belarus until all the invoices have been paid in full. Sanctions my arse! Who does not know that these guys are corrupt through and through and is naïve to believe the hen's teeth story about sanctions!"
VP Mnangagwa the Beralus supplier that Zimbabwe and Belarus have a sound relationship considering that there is no time the former Soviet nation had imposed sanctions on Zimbabwe like what the western countries and their allies had done resulting in Zimbabwean companies failing to secure and purchase spare parts.
This is like one of those vinyl records with bad scratches, each time it is played it will repeat the same line over and over again. Most people have heard Zimbabwe leaders repeat the line of how the sanctions imposed by West on Zimbabwe have destroyed the country's economy. The thing is no one believes this nonsense and they have all been laughing at Zimbabwe.
Even the people in Belarus, who were hearing sanctions excuse for the first time, must have asked their fellow countrymen/women, why Zimbabwe had not, until now, imported the entire nation's requirements from Belarus since the later had not joined the West in imposing these sanctions. Their countrymen would have explained that Belarus, like all the other many countries that did not join in imposing sanctions, had done very little trade with Zimbabwe in the past because the country is notorious for not paying its debts.
"The Executive Director of Belaz Mining Equipment Manufacturing Company, Mr Peter Parkhomchik commended the relationship between Zimbabwe and Belarus, saying his company is set to supply the right equipment that will assist Zimbabwe realise its dreams," said a ZBC report. "He said his company has reached an agreement with some Zimbabwean mining companies with financing from African Development Bank (ADB)."
Zimbabwe has had problems securing funding from ADB, as with all the other international financial institution like the IMF and WB, because the country has repeatedly failed to service its previous loans. No doubt Mr Parkhomchik is a shrewd business man to know all this.
"Yes, Mr Vice President Mnangagwa it must be terrible to have to endure these illegal sanctions the West imposed on Zimbabwe," Mr Parkhomchik might have reply.
Afterwards he would have told his financial guys "Make sure nothing leaves Belarus until all the invoices have been paid in full. Sanctions my arse! Who does not know that these guys are corrupt through and through and is naïve to believe the hen's teeth story about sanctions!"
Source - Wilbert Mukori
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