SAfm: Market Update Tuesday, 30 October 2018 Interview about the looming public debt crisis in the Southern African Development Community (SADC) focused on the its source and what governments can do to avert a fiscal crisis. The discussion evaluates the Read More
Power98.7: Power Business Monday, 1 October 2018 Interview analysing the impact of the SADC Preventative Mission in the Kingdom of Lesotho (SAPMIL) and the possible implications of the opposition party pulling out of the peace-building process. The discussion evaluates the Read More
Zimbabwe and China share a mutually beneficial relationship based on diplomacy and bilateral trade. This is derived from China’s willingness in Sino-African relations to develop cooperation and ensure both China and African people benefit. China is very active in Africa Read More
eNCA: eNCA Now Friday, 24 August 2018 Interview about the Movement for Democratic Change (MDC) challenge to the outcome of the Zimbabwean 2018 National Elections. The discussion reviews the judicial outcome, the democratic terrain in Zimbabwe and what the MDC Read More
eNCA: eNCA Now Monday, 6 August 2018 Interview about the outcome of the Zimbabwean 2018 National Elections which are being challenged by the opposition party, the Movement for Democratic Change (MDC). The discussion reviews the ligitimacy of the Zimbabwean elections Read More
Moneyweb Radio: Classic Breakfast Tuesday, 31 July 2018 Interview about what is next for Zimbabwe after holdings its 2018 Presidential Elections on 30 July 2018. The discussion evaluates the changes under Mnangagwa’s interim rule and the direction that the government Read More
Power98.7: PowerBusiness Monday, 30 July 2018 Interview about the 2018 Zimbabwean Presidential Elections. The discussion evaluates the allegations of wrongdoing in the elections and its possible impact on the outcome. The interview also reviews the political economy challenges faced by 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 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.