Not much Zim­pa­thy

Finweek English Edition - - Main news stories -

WHAT HAP­PENED| ZIM­BABWE'S in­fla­tion rate re­mains un­chal­lenged as the world’s high­est – 1 593% – un­em­ploy­ment is now 80%, its cen­tral bank has de­cided to re­duce the money sup­ply in a des­per­ate ef­fort to sup­port the Zim dol­lar and now most of the ap­prox­i­mately 700 re­main­ing white farm­ers are wait­ing to hear whether their ap­pli­ca­tions for 99-year lease­holds have been suc­cess­ful. IT’S END­LESS MIS­ERY, The Star com­mented. And now po­lit­i­cal dou­ble­s­peak is adding to the farm­ers’ con­fu­sion. The Lon­don Daily Tele­graph said that it took Mu­gabe a quar­ter of a cen­tury to ruin one of Africa’s most promis­ing coun­tries. The only “hope” now is that a bru­tal Em­mer­son Mnan­gagwa will take over, be­cause at least his eco­nomic man­age­ment would be less dis­as­trous.

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