15 Jan EXPLAINER-The latest cash crunch behind Zimbabwe’s protests
Protests against fuel price hikes
in Zimbabwe have entered their third day, posing a major
challenge for President Emmerson Mnangagwa who replaced
long-time leader Robert Mugabe and promised to repair the
creaking economy.
The crisis will not be easy to fix. There is a severe
shortage of dollars, fuel and medicines, while inflation hit 31
percent in November, the highest in a decade. Foreign investors
are, by and large, staying away.
in Zimbabwe have entered their third day, posing a major
challenge for President Emmerson Mnangagwa who replaced
long-time leader Robert Mugabe and promised to repair the
creaking economy.
The crisis will not be easy to fix. There is a severe
shortage of dollars, fuel and medicines, while inflation hit 31
percent in November, the highest in a decade. Foreign investors
are, by and large, staying away.
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