Zim­fla­tion and other tales

Finweek English Edition - - Letters -

WHAT HAP­PENED ZIM­BABWE just can’t keep out of the news. Dur­ing the past week it was the turn of the coun­try’s inflation, which had in­creased to 11,2m% – the high­est ever. About 80% of Zim­babwe’s peo­ple are now liv­ing in poverty. Mean­while, the talks be­tween po­lit­i­cal leaders Robert Mu­gabe and Mor­gan Ts­van­gi­rai have once again bogged down, de­spite the in­volve­ment of SA and other in­ter­me­di­aries. THE STAR said this is Zim­babwe’s “crit­i­cal hour” and that the ne­go­tia­tors should make the 84-year-old Mu­gabe re­alise the game is over. Busi­ness Day said Mu­gabe must give up power and noth­ing else must be ac­cept­able to the SADC. The Sun­day Times said Pres­i­dent Thabo Mbeki, the SADC and the African Union must en­sure that, as Botswana stated clearly, Mu­gabe doesn’t be­come pres­i­dent again.

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