'Things are getting worse': economic collapse looms again in Zimbabwe - News Summed Up

'Things are getting worse': economic collapse looms again in Zimbabwe


Locals say conditions have deteriorated since July’s contentious election, as world powers keep their distance'Things are getting worse': economic collapse looms again in ZimbabweZimbabwe faces a deepening economic crisis as hopes fade of a new wave of international investment and aid following historic elections in July. ‘Medieval’ cholera outbreak exposes huge challenges in Zimbabwe Read moreMajory Manjoro, a part-time currency dealer in Harare, said life had become unbearable. This has made the prospects of the multibillion-dollar financial package needed to stave off economic collapse unlikely, which has in turn discouraged private investors. Facebook Twitter Pinterest The new Zimbabwean finance minister, Mthuli Ncube, says radical economic reforms are needed to stave off the country’s economic crisis. Many in Harare say they are angry that life has not improved since the fall of Mugabe.


Source: The Guardian September 23, 2018 10:48 UTC



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