Thursday, April 24, 2008

Zimbabwe

Once the rule of law returns (or at least the perception of the rule of law) to Zimbabwe a flood of international capital will flow in, not to mention more open policies for former nationals (i.e., mostly ethnic whites who were forcibly removed from their farms)to return and help grow the country.

Also, FIFA will be pressured to host a game in the new Zimbabwe in order to showcase a new Africa.

With African Central Command up and running and talks of a "presence" in Liberia or somewhere else on the equatorial west coast, Africa just might make it past the commodity bubble. Booms increase margins and create temptation and opportunity for misappropriation of assets, especially where legal structures are not firmly in place - which is precisely the scenario Sub-Saharan Africa is in.

By CELEAN JACOBSON, Associated Press Writer 45 minutes ago

PRETORIA, South Africa - Zimbabwe's opposition leader won his nation's disputed presidential election, the top U.S. envoy to Africa said Thursday.
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Assistant U.S. Secretary of State for African Affairs Jendayi Frazer said that Morgan Tsvangirai won the March 29 vote, and that therefore no power-sharing arrangement with longtime President Robert Mugabe was needed.

"We think in this situation we have a clear victor," she told reporters. "Morgan Tsvangirai won and perhaps outright, at which point you don't need a government of national unity. You have to accept the result."

But she added: "There may need to be a political solution, a negotiated solution."

Frazer was speaking in South Africa at the start of a visit to bolster international pressure on Zimbabwe's government. The U.S. has long been among Mugabe's sharpest critics.

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