S.Africa to deepen relations with Zim as Mugabe arrives for historical state visit - CNBC Africa

S.Africa to deepen relations with Zim as Mugabe arrives for historical state visit

Southern Africa

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First lady Grace Mugabe, President of Zimbabwe Robert Mugabe, President of South Africa Jacob Zuma and first lady Thobeka Zuma. PHOTO: GCIS

The visit of Zimbabwean President Robert Mugabe to South Africa is designed to deepen the bilateral relations between the two countries.

“South Africa and Zimbabwe not only share strong historical relations but also strong economic cooperation to the extent that the economies of the two countries are historically and inextricably linked,” said the Presidency.

“Due to its geographical proximity to South Africa, Zimbabwe’s political and economic situation has a direct impact on South Africa.”

(WATCH VIDEO: Analysis of Robert Mugabe’s S.Africa visit)

It further stated that the two countries have since 1994 signed over 20 Memoranda of Understanding and agreements.

“Historically, Zimbabwe is always among the top three of South Africa’s trading partners on the continent. South Africa is one of the top investors in the Zimbabwean economy,” the Presidency added.

“In 2014 South African exports to Zimbabwe amounted to approximately 24.8 billion rand while imports from Zimbabwe amounted to approximately 2 billion rand in the same year.”

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Furthermore, the South Africa-Zimbabwe Business Forum is expected to meet on Thursday 9 April.

“Opportunities for deeper economic cooperation exist in the fields of mining, water, energy, infrastructure development, transport, ICT among others,” the Presidency said.

Mugabe, who arrived in South Africa on Tuesday, had his last state visit to the country in 1994. However, he was seen at the Memorial Service of former president, Nelson Mandela in December 2013.

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