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Ministers may change but economic policy still defies reality, as the currency crashes

A 'fusion of new and old blood' to reinvigorate the economy was President Robert Mugabe's hopeful description of his cabinet reshuffle on 6 February. His real economy chief, Reserve Bank Governor Gideon Gono, was meanwhile ruling out any official devaluation of the Zimbabwe dollar, which trades for less than 10% of its official value on the parallel market....

(This article contains approximately 802 words)

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Keywords:

Robert Mugabe, Gideon Gono, Herbert Murerwa, Samuel Mumbengegwi, Sylvester Nguni, Sikhanyiso Ndlovu, Samuel Undenge, Tracy Mutinhiri, Joyce Mujuru, Solomon Mujuru, Emmerson Mnangagwa, British, American, South African, MDC onlookers, China, Eric Bloch, Lovemore Matombo, Ian Kind, Michael Manga, Didymus Mutasa, Zambia, John Robertson, Hu Jintao, Mozambique, Congo-Kinshasa, Herald