[As I have been saying there will be unending support for Mugabe from S.Africa: They say the IMF is going to expel Zimbabwe, so now Mugabe has spoken to our Govt and wants R6 billion in credit.

As I said yesterday, I wondered what our Vice President was doing there for so long – so quietly. She wasn’t talking to the MDC. It appears she was chatting to Mugabe about bailing him out financially.

Will it end here? I very much doubt it. Mugabe’s ruined country will need continual propping up as the years go by. So, in the good tradition of socialists, we may yet see many billions of Rands going to Zimbabwe.

Now this is going to be very interesting to watch. The political opposition in S.Africa are going to make a lot of noise about this. The ANC’s headaches with Mugabe have just begun…

Strictly speaking, this is good news. Why? It shows just how much Zimbabwe has collapsed. As I said, it shows his grip is slipping. Now Zimbabwe could be kept afloat almost indefinitely – for the next 10 years – by S.Africa. But, it will bleed S.Africa… and bleeding S.Africa means: bleeding the ANC. Mugabe is a dead weight around the ANC’s neck. This is just the beginning. If the ANC continues to pursue this policy one should applaud them. As I was saying a while ago: Will Mugabe be the Ulcer that will bleed the ANC to death? He’s a dead man for sure… he has completely wiped out the economy. Excellent. Let the ANC prop him up… it will make the ANC more unpopular in S.Africa, and will give the opposition ammunition.

I am willing to bet that they have already helped Mugabe, and will continue to do so, and the real amount he needs will be much higher.

The co-operation between S.Africa and Zimbabwe is now more open and obvious for all to see. This is going to be fun to watch over the next couple of years as S.Africa is crippled with this dead weight around its neck… Jan]

Johannesburg – A Zimbabwean delegation has met Finance Minister Trevor Manuel to discuss a credit line from South Africa to its cash-strapped northern neighbour, Business Day reported on Monday.

It quoted unnamed sources as saying SA Reserve Bank governor Tito Mboweni also attended the meeting.

The Zimbabwean delegation visited South Africa last week amid growing signs that Harare faces expulsion from the International Monetary Fund.

Business Day said sources indicated Zimbabwe was likely to soon obtain a credit line for electricity, petrol and food.

Banking sources said the South African credit line would be the in hundreds of millions of rands rather than billions of rands.

Government spokesmen approached by Sapa on Monday said they would only be able to comment later in the day.

The Zimbabwean delegation’s visit came days after Deputy President Phumzile Mlambo-Ngcuka met Zimbabwean President Roberts Mugabe and his deputy Joyce Mujuru in Harare.

Source: News24.Com
URL: http://www.news24.com/News24/Africa/Zimbabwe/…/p>