Robert Mugabe's slogan for his victorious, opponent-free rerun of the presidential election was 'the last battle for total control'. Yet the formal economy is spiralling out of control and he is losing the economic battle. Apart from the praise-singers of his Zimbabwe African National Union-Patriotic Front, few commentators would disagree with Professor Tony Hawkins of the University of Zimbabwe's Business School that, even with a political settlement, the economy cannot last out the year.
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