Zimbabwean economy is dead according to its president

Zimbabwe’s president, Emmerson Mnangagwa, said the country’s economy is “dead.” He pleaded for patience and said and said more time is needed turn it around. The country had been facing a barrage of problems such as 18-hour power outages, a crippling cash crisis and food shortages.The country has the largest inflation rate in the world and cartels are invoking huge price increases. The national bank has also tightens currency laws. Bread in Zimbabwe now costs $2 a loaf, or higher, making it beyond the reach of many in the poverty-stricken…

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Black Zim doctor missing – he only wanted a decent wage

All Dr Peter Magombeyi wanted was a decent, livable wage, but now he is missing. The last message he sent was on WA saying he had been hijacked by three men. This had been sent on Saturday. Doctors in Zimbabwe earn R3000pm and last week staged a protest for better wages. The new leader Emmerson Mnangagwa had not said a word since the abduction. The opposition party seem to think that the safety forces in the country could be responsible for his abduction.  

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Mugabe dies at 95

To many he was the “most educated African leader” who dedicated his life to empower the lives of black people and Africa in general. To others, however, Robert Mugabe was the “liberator turned a murderous dictator”, a tyrant who ran Zimbabwe to the ground. Twitter messages show many saying he ruined their lives. But those in the know are saying that even the new “democratic” Zim has not changed under a new leader.

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Take the dollars and run

People and companies in Zimbabwe hold $1.3 billion in foreign currency accounts, central bank governor John Mangudya said on Monday after the finance minister announced that individuals will be allowed to withdraw their U.S. dollars in cash. According to Mangudya, an outstanding amount of 10 million USD will be paid to Eskom, reports Daily Maverick. Just imagine what Eskom can do with that amount.

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