Articles

The economic collapse in Zimbabwe continues to deepen, with the government suspending publication of inflation figures until next February, and a prediction of at least a 3 per cent contraction in the economy overall – a recession. Electricity, water, cash, fuel and food are in short supply.

The Mnangagwa government continues to talk up its economic strategy, while the reality of power failures, fuel shortages, job losses and high inflation continues to hurt the community. The MDC and the trade union movement (ZCTU) are planning a new round of mass protests in response, in mid-August.

The Zimbabwe Information Centre has been waiting for a clear picture to emerge following the national and provincial and local elections held on Monday, July 30, 2018. The election day was remarkably peaceful and happy, with a very large number of international and national observers reporting in these terms.

June 24 is the day that the Zimbabwe Dollar was reinstated and transactions in foreign currency were banned, as the Mnangagwa government struggled to eliminate price manipulation and black market currency exchange that has been fueling 100 per cent inflation.

Electricity shortages have added to the burden of high inflation – now 100 per cent - and cash shortages in Zimbabwe, provoking a nurses go-slow action and widespread calls for wages to be paid in US dollars.