Bots Awaits Zim Brief On Chaos
Monday, July 11, 2016
The Minister of Foreign Affairs and International Cooperation, Pelonomi Venson-Moitoi said that the Zimbabwean economy is currently imploding.
She said that there is a very real risk of civil commotion taking place in the country soon because millions of Zimbabweans have no access to food and even the government is struggling to timeously pay civil servants their salaries.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...