DAVOS – Department of Trade and Industry (dti) Minister Rob Davies yesterday added his voice to growing calls for measures to assist Zimbabwe’s economy, charging that it was in the interests of South Africa and the rest of the continent to see stability in the embattled southern African nation.
Minister Davies told Business Report, on the sidelines of the World Economic Forum (WEF) meeting in Davos, Switzerland, that Zimbabwe needed assistance to reignite its collapsed economy.
He said South Africa could play a role in helping Zimbabwe cope with its demand for imports.
“A stable economic environment in Zimbabwe can only benefit the rest of the continent,” Davies said.
Zimbabwe has been plagued by currency shortages as the economy limps from one problem to another, with most foreign-based companies threatening to pull out of the country because of the shortages.