More Zim farm violence
Wed, 08 Apr 2009 12:00
Zimbabwe's finance minister says continuing violence and
outstanding hurdles in Zimbabwe's power-sharing deal are keeping
potential investors away.
Tendai Biti says there has been a new wave of seizures of
white-owned farms since a coalition between President Robert Mugabe
and longtime opposition leader Morgan Tsvangirai was formed in
February.
Biti faces a tough task of kick-starting Zimbabwe's collapsed
economy and is trying to find funds to pay for the government's
daily expenses.
He told reporters Wednesday that the new government received
revenues of about $20-million a month, an 80 percent shortfall on
the $100-million it needs.
Foreign donors are demanding the restoration of law and order as
the main conditions for resuming funding.