Talking heads


Heads of state of the Southern African Development Community (SADC) meet next week in the Zambian capital, Lusaka. SADC is a group of countries whose leaders meet every so often to discuss what went wrong since the last time they met.

A lot has gone wrong in Zimbabwe. The Zimbabwean economy is in tatters, held together by Band-Aid and Scotch Tape. Pump readings at fuel stations are unable to keep up with inflation. While the SADC meeting may offer a sympathetic ear to President Robert Mugabe, attempting to fix his economy is akin to picking nickels in front of a steam roller.

That said, the economic fortunes of the other members of the group have been good. Economic growth is at its best in years with GDP averaging 5% over the last five years. Triple digit inflation no longer haunts governments. Commodity prices have soared, with copper taking the lead. Interest rates are down along with the cost of borrowing. Despite the drought in South Africa, corn (a regional staple) is in abundant supply.

Their Excellencies have good reason to be pleased with their excellent performance. Except Mr Mugabe. He may be keen to discuss what went wrong since the last time they met.

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