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Reading: Mugabe donates $1m from cattle sale to AU to help end donor dependency 
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News

Mugabe donates $1m from cattle sale to AU to help end donor dependency 

Mulema Najib
Last updated: 3rd July 2017 at 16:32 4:32 pm
Mulema Najib
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Zimbabwean president, Robert Mugabe, on Monday handed a cheque of $1 million to the African Union (A.U.) Foundation as part of efforts aimed at lessening the body’s dependence on foreign aid.

The 93-year-old formally handed over the cheque to the A.U. Commission (AUC) chairperson, Moussa Faki Mahamat, on the floor of the AU headquarters during the 29th Heads of State summit in the Ethiopian capital, Addis Ababa.

The state-owned Herald newspaper reported that the amount had been raised from the sale of cattle donated by Zimbabwean farmers following an appeal by Mugabe to help the A.U. self fund its operations.

The issue of financing its own activities has been prominent in the A.U’s recent agenda. It came up strongly a year ago during the 27th Assembly of Heads of State and Government in Rwanda.

Even though the Kigali summit was under the theme: “2016: Year of Human Rights with a particular focus on the Rights of Women,” it’s main highlight was the launch of the African passport and the continent’s resolve to fund its own activities in the immediate short term.

Zimbabwe has its own share of economic issues stemming from sanctions by western governments – which Harare continually accuses of strangling the southern African country economically.

An acute shortage of cash has not helped matters as the central bank moved to introduce bond notes to cure the shortage. A biting drought left hundreds without food leading the government in March 2017 to appeal for $100 million in aid.

Despite these challenges, the government announced a reprieve in mid-July with a ban on grain imports into the country. The government announced that it had produced enough food to feed itself a year after the devastating drought.

“Government stopped issuing Grain Import permits about four months ago and no maize imports are allowed at our borders,” Deputy Agriculture Minister Davis Marapira was quoted as saying.

Source: Africa news


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ByMulema Najib
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News and Media manager since 2017. Specialist in Political and development reporting. Najib is a prolific writer with a solid track record in generating well articulated content especially in the current affairs, tourism and business fields. I must say writing is a kind of passion to me more than a profession. I love to write and aim to improve myself everyday that goes by. You can reach me via email : najibmule@gmail.com or telephone : +256700537838
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