Mthuli Ncube heads for US over Zidera

Finance and Economic Development Minister Professor Mthuli Ncube will soon be headed for the United States of America to engage Washington on the Zimbabwe Democracy and Economic Recovery Amendment Act (Zidera) of 2018, the piece of legislation that appears to be the major hurdle blocking Harare’s efforts to unlock international funding.

In as much as Government is leaving no stone unturned in implementing far reaching reforms to turn around the economy, it emerged the US law is holding back all the efforts as it directs American officials in key international financial institutions to block the extension of funding to Harare.

As such, interactions between Harare and Washington are understood to be already underway and Minister Ncube is set to travel to the US in January next year, to deepen the engagements with top US officials over the ramifications of Zidera.

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