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World Bank to prevent “2nd Zimbabwe” in South Africa

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2002-09-26  Posted By: Jan

From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 9/26/2002 2:56:04 PM
World Bank to prevent “2nd Zimbabwe” in South Africa

The Industrial development Corporation was involved in negotiations with the World Bank to acquire billions of rands to fund a land reform programme in order to prevent “a second Zimbabwe” from occurring in South Africa, the Johannesburg daily, Beeld, reported on Thursday.

IDC CEO Khaya Ngqula and financial head Gert Gouws were to have left for Washington on Wednesday evening to continue negotiations at the International Monetary Fund’s annual meeting.

Beeld said Ngqula said at the release of the IDC’s annual report in Johannesburg: “The World Bank is very amenable to providing money (for land reform) to prevent a similar situation to what is happening now in Zimbabwe from developing in South Africa.”

Talks were at an early, sensitive stage but amounts of R50-billion to R70 billion, to be disbursed over several years, had been mentioned. Ngqula, Gouws and trade and industry minister Alec Erwin last week met World Bank representatives who had mentioned such sums, the newspaper said. – Sapa

Original Title: IDC in talks to prevent ‘a second Zimbabwe’
Published: 26 September 2002 07:36
Source: Daily Mail & Guardian, Johannesburg
URL: http://www.mg.co.za/Content/l3.jsp?a=11&o=964…br>