Harare - As Zimbabwe’s economic crisis deepens - with critical drugs, fuel and wheat in short supply – the opposition MDC Alliance president Nelson Chamisa has called for a crisis meeting with President Emmerson Mnangagwa to try and bring the situation under control.
A new two percent tax on all electronic transactions announced by the Finance Minister on October 1 started a domino ramping-up of prices for goods and services across the entire economy
A directive by the Reserve Bank to banks to separate foreign currency accounts from the local real-time gross settlement accounts has dramatically devalued the bond note, a surrogate currency in use in the country.
Rights groups are preparing to go to court to contest both policy pronouncements.
“I am ready to lead Zimbabwe out of crisis”, Chamisa said, “but President Emmerson Mnangagwa must come to the negotiating table and resolve all hanging political issues.”