- Candriam 2025 Outlook: Is China Really Better Prepared for Trump 2.0?
- Bank of England pauses rates – and the market expects it to last
- Emerging Market Debt outlook 2025: Alaa Bushehri, BNP Paribas Asset Management
- BOUTIQUE MANAGERS WORLDWIDE SEE PROLIFERATION OF RISKS, OPPORTUNITIES IN 2025
- Market report: Storm of disappointing developments keep investors cautious
Zimbabwean Opposition Leader Tsvangirai Suggests He May Retire
HARARE (Capital Markets in Africa) – The leader of Zimbabwe’s main opposition party hinted Monday at his possible retirement, less than two months after the end of his long-time foe President Robert Mugabe’s almost four-decade rule.
“We must recognize the imperative that new hands, with the full blessing of the people, must take this struggle and this country forward,” Morgan Tsvangirai of the Movement for Democratic Change said in a statement emailed from the capital, Harare.
Mugabe, 93, was deposed in a near-bloodless coup in the pre-dawn hours of Nov. 15, with Emmerson Mnangagwa later becoming the southern African nation’s second president since independence in 1980. Tsvangirai, who’s 65 and being treated for cancer, was visited at his Harare home on Jan. 5 by Mnangagwa and Vice President Constantino Chiwenga.
On Monday, Tsvangirai said his appointment of two party vice presidents to assist him was part of a process whereby the “older generation” will cede “the levers of leadership to allow the younger generation to take forward this huge task that we started so many years ago.”
A former labour leader, Tsvangirai formed the MDC in 1999 and ran in elections against Mugabe in 2002, 2008 and 2013 that Western nations said lacked credibility and were marred by violence against opponents of Mugabe’s Zimbabwe African National Union-Patriotic Front. Tsvangirai, who was twice charged with treason and cleared, said last year he was seeking treatment in neighbouring South Africa for colon cancer.
Source: Bloomberg Business News