Julius Malema Pleads With SADC To Provide Zim A Financial Bailout Package Or The Chinese Will Take Over4 years ago
Fire-brand leader of South African opposition party Economic Freedom Fighters (EFF), Julius Malema has implored the Southern African Development Community (SADC) to offer Zimbabwe a conditional financial bailout package. Speaking to the media in South Africa, Malema said:
We (SADC) are becoming a laughing stock all over the world because one of our own is swimming in a pool of debt and we are unable to provide them with a conditional grant which must not end up in the hands of Zanu PF politicians.
It must be a grant that is dedicated to developmental programmes which help Zimbabwe to stand on its own. A weaker Zimbabwe leads to a weaker Sadc region. We need Zimbabwe, even if we do not have money. So, the little we have as Africans, we need to share and stop being greedy, otherwise, we are setting Zimbabweans up for IMF (International Monetary Fund) and World Bank bailouts and you know what happens …Feedback
… or we are setting them up for the Chinese, who are now gradually proving to be extremely hostile where they even take assets of countries which are unable to pay them back. Let us not put Zimbabwe under such a situation. We are Zimbabwe and Zimbabwe is us. Their problems are our problems.
Whether it’s done by Mnangagwa, whether it’s done by Mugabe, it is unacceptable. Mnangagwa must know that it’s unacceptable to beat up people, to break cellphones of people, to shut down the Internet. It’s unacceptable. It’s barbaric.
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