Johannesburg - In the wake of a week of unparalleled security force violence against civilians in Zimbabwe and signs of economic collapse, South Africa is working on throwing its northern neighbour a lifeline.
Minister for International Relations Lindiwe Sisulu said from the World Economic Forum in Davos that South Africa is monitoring the situation in Zimbabwe, and that South Africa will look into a bail-out as long as it is affordable.
“Instability creates displacement of people, conflict, and illegal migration. We will help Zimbabwe, as a neighbour we need to do that. They are a sister country and we have very close relations with them, and we would like to see an end to their problems. We are considering anything we can afford,” Sisulu said.
President Cyril Ramaphosa has also said from Davos that South Africa favours the lifting or easing of international sanctions on Zimbabwe. “Zimbabwe faces serious, serious economic challenges and they can be assisted by the world if those sanctions are lifted, Ramaphosa said, “Zimbabwe could begin to operate in an economic manner with the capabilities that it has.”
While the sanctions imposed on Zimbabwe by the United States are targeted sanctions on senior Zimbabwean officials, including President Emmerson Mnangagwa, the argument is that existing sanctions make it difficult for Zimbabwe to access lines of credit.