Leopold Takawira Street, Harare. Image Credit Flickr 2018 was a year of two contrasting halves for Zimbabwe. For the greater part of the year, Zimbabweans had the earnest expectation that the July 31 national elections would set the Southern African country on a sustained path of recovery. Events following the elections have, however, brought little respite, and have mostly served to highlight the true extent of the country`s troubles. Problems with fuel shortages, runaway inflation – the highest since the country dollarized in 2009 – and a dire foreign currency crisis threatening to cripple even the largest corporations in the country, have persisted. While government has set out an ambitious recovery plan through its Transitional Stabilisation Program launched last October, signs of progress have been scant. Instead, 2019 has thus far been characterised by industrial action by the country’s junior doctors, while public school teachers have also threatened to down tools, dem...
Economics, Business and Finance