In this CNBC Africa Special, Forbes Africa Editor Renuka Methil, speaks to a leader who made history as the first female president of Ethiopia, one of Africa’s fastest-growing economies. President Sahle-Work Zewde is currently the only serving female head of state in Africa and in October, will complete two years in office….
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When the farm invasions were unleashed by the people in power in 2000, it led to bloodshed and random confiscation that reaped a bitter harvest of lost production and exports that persists until this day. That year with all of its fumbling fury fuelled with the idea that to get rich you merely had to own a farm, is always seen as a turning point for the industry. It created a large slice of the country’s GDP and as it fell, so did the fortunes of Zimbabwe.
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“We’re in a worse situation today than we were three months ago. Coronavirus is spreading everywhere in Malawi and it’s spreading to kill,” he said in a televised address.
“Coronavirus has dealt a fatal blow to mining activities, with the impossibility of repatriating capital, importations of products for the industry coming to a halt, the dizzying drop in metals prices on global markets in March,” he said.
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