Getting fed-up with an unruly neighbour
Sep 18, 2020
4 minutes
By Peter Fabricius
zimbabwe is deeply dependent on South Africa, perhaps more so than is commonly realised. About 41% of Zimbabwe’s imports come from SA, 60% of its exports are to SA and 80% of its exports go through SA, as Bulawayo business executive Busisa Moyo, who also chairs the Zimbabwe Investment and Development Agency (Zida), told a Chatham House webinar on 8 September. And he said SA had also recently overtaken the UK as the largest investor in Zimbabwe.
So, there was a lot SA could do to help fix the Zimbabwean economy, Moyo thought. The high trade and investment interdependence – coupled with the large amounts of remittances from the many Zimbabweans in SA – meant that the Zimbabwean economy was
You’re reading a preview, subscribe to read more.
Start your free 30 days