Friday, August 09, 2002

Bobby Mugabe at the Gaddafi Pawn Shop
The Times (UK) reports that Bobby Mugabe has hocked a variety of Zimbabwe's assets to Libya's Col. Gaddafi for oil. The list includes
  • Much of the prime land seized from white farmers

  • Jewel Bank, formerly the Commercial Bank of Zimbabwe

  • The state travel company, Rainbow Tourist Group

  • Noczim, Zimbabwe's state-owned energy company

  • The oil pipeline that runs to Zimbabwe from Beira in Mozambique

  • Two of the Zimbabwe's biggest oil refineries
The downside of this asset grabbing for the Colonel is that Tamoil, the Libyan national oil company, has developed severe cash flow problems, since they aren't getting any from Zimbabwe. For Bobby, there is the occasional oil cutoff until he comes up with more loot, plus the general feeling that Zimbabwe has become a Libyan colony.

I've got a clever plan. How about a revolution in Zimbabwe? Not only can they get rid of Bobby, but the new government can nationalize all the Libyan assets! I'm sure the Colonel remembers how that works.