The Zimbabwe economy is mainly sustained under normal circumstances by agriculture, mining, tourism and manufacturing. In the early 80 into the early 90s the economy of Zimbabwe was one of the strongest in the region of southern Africa. In fact SADC a regional body endorsed Zimbabwe responsible for food security because of its bussling agriculture. Since the mid 90s the economy of Zimbabwe experienced contraction after the introduction of a structural adjustment programme prescribed by the World Bank. Economic decline accelerated in year 2001 when the government sanctioned the invasion of productive commercial farms owned by a minority white population. Agricultural productivity fell sharply in the years that followed and investor confidence heavily damaged. What followed was a free fall of the Zimbabwe currency from stable levels in the 90s to highly volatile hyper-inflationary dizzy levels from 2003 going forward. The demise of the Zimbabwe currency took with it the Zimbabwean economy affecting the people of Zimbabwe through severe job losses as busineses shut down and people were laid off. In 2007 the unemployment level in Zimbabwe was estimated to be hovering around 80% and climbing. WE HAVE A ROLE TO PLAY PEOPLE OF ZIMBABWE!! OUR CURRENT LEADERS HAVE FAILED US, THE OPPOSITION HAS NOT GIVEN US ANY HOPE, IN FACT, THEY ARE NOT TO BE TRUSTED ANYMORE!! WE NEED FRESH LEADERS!!
Posted on: Fri, 25 Jul 2014 14:02:41 +0000
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