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Article: Time to start rebuilding: is the worst over for Zimbabwe? Will Africa and the rest of the world pour in the assistance the country needs to get back on its economic feet or will sceptics prevail? Tom Nevin discusses.(ZIMBABWE)
- Article from:
- African Business
- Article date:
- June 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"It took Zimbabwe 12 years to end up in this situation. It will perhaps take half a dozen to get out. But it will, and we'll be there."
This sentiment by David Lenigas, chairman of Lonrho, reflects much of the optimism being voiced by industrialists, business people, financiers and investors, farmers and Joe Citizen.
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"If anyone knows how to operate in Zimbabwe, Lonrho does," says Lenigas. "We have the largest printing company in the market, we distribute mobile phones and have a chemical producer, as well as the internet payment system Pay-net. The world wants Zimbabwe to recover quickly, but you have 80% unemployment and ...