A combination of political instability, economic mismanagement, economic sanctions and arguably hostile relations with major developed countries, has led to a collapse of the Zimbabwean economy. Zimbabwe’s political landscape has been defined by sharp political confrontation between Zimbabwe African National Union Patriotic Front (ZANU-PF) and opposition parties, mainly the Movement for Democratic Change led by Morgan Tsvangirai (MDC-T), which has resulted in political instability.
The Zimbabwean economy is currently experiencing severe challenges of slow economic growth, low commodity prices and drought impacts. Slow economic growth and low commodity prices are intrinsically linked, as the global downturn has brought about a situation whereby the world’s leading economies, such as China, are slowing down, and this has a trickledown effect on emerging economies such as Zimbabwe, as demand for their raw material wanes.
The Zimbabwean economy has lost economic impetus since 2012 after there was indication of an economic resurgence in the period 2009 to 2012, with economic growth averaging 11% annually. In 2009, Zimbabwe introduced a multiple currency system, accepting the US dollar and the South African rand as legal tender.
702: The Midday Report Tuesday, 6 March 2018 Interview about the Zimbabwean President Mnangagwa’s first 100 days in office and his achievements. The discussion evaluates what President Mnangagwa would need to achieve in order to revive the Zimbabwean economy. https://politicaleconomy.org.za/wp-content/uploads/2018/03/20180306-702-Evaluating-Zimbabwean-President-Mnangagwas-First-100-Days-in-Office.mp3
BusinessDay TV: Africa Inc Friday, 23 February 2018 Interview about changes in Presidents in Angola, Zimbabwe and South Africa; their promises as they enter new terms; and approaches to dealing with corruption and poor governance. This is top of the Read More
Power98.7: Power Hour Wednesday, 7 February 2018 Interview about Zimbabwe’s economic recovery and opportunities in the agriculture and mining sectors. The interview analyses the key policy changes implemented by the Mnangagwa administration such as removing the cap on foreign ownership Read More
Power98.7: Power Hour Tuesday, 9 January 2018 Interview about the SADC political economy outlook for 2018. The interview also analyses the impact of political uncertainty associated with upcoming elections in the DRC, Madagascar and Zimbabwe. The discussion also looks the Read More
SAfm: AM Live’s Forum @8 Thursday, 7 December 2017 Forum @8 interview about the lessons to be learned from the most recent political shifts in Zimbabwe. The discussion also looks at broader political economy shifts in SADC by examining Angola, Read More
702: The Money Show with Bruce Whitfield Tuesday, 28 November 2017 Africa Business Report segment looking recent developments in Zimbabwe, Libya and Kenya. The interview discusses the resignation of Robert Mugabe and the implications for Zimbabwe going forward. The interview Read More
eNCA: Moneyline Wednesday, 15 November 2017 Interview about the Zimbabwean National Defence Force intervention and the deteriorating political economy situation in the country. The interview also discusses the regional impact of the Zimbabwean political stand-off, the role of regional bodies Read More
Power98.7: Power Hour Wednesday, 15 November 2017 Interview about the Zimbabwean National Defence Force intervention to curb political corruption and regain market confidence. The interview also analyses the reason behind the swift action which follows President Mugabe’s axing of the Read More
A combination of political instability, economic mismanagement, economic sanctions and arguably hostile relations with major developed countries, has led to a collapse of the Zimbabwean economy. Zimbabwe’s political landscape has been defined by sharp political confrontation between Zimbabwe African National Read More