We made policy missteps: Mthuli

PRESIDENT Emmerson Mnangagwa’s government has approached international financiers begging for a lifeline to avoid a possible economic collapse and political upheaval, a respected security publication has reported.

The government’s desperate pleas were exposed by Africa Confidential, a respected London-based newsletter covering politics and economics in Africa, which obtained letters written to International Monetary Fund (IMF), World Bank (WB) and African Development Bank (AfDB) by Finance minister Mthuli Ncube .

According to the report, Ncube’s letters dated April 2 painted a gloomy picture of the situation in Zimbabwe, which is battling an unprecedented public health emergency following the outbreak of the coronavirus.

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