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Vol 60 No 6

Published 22nd March 2019


Ncube wins foreign fans

The economy is crashing at home, with worse in the pipeline, but the Finance Minister’s plans are winning support overseas

Backed by France, Japan and South Africa, Finance Minister Mthuli Ncube is pushing a tough economic reform plan to pay off Zimbabwe's international arrears by the end of the year and bring in at least US$2 billion in new finance. Given the severity of the country's crisis, the plan would be a high-stakes gamble for President Emmerson Mnangagwa but no one else in his government is offering an alternative strategy. Mnangagwa's opponents in the military have refrained from public comment so far.

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