Zim economy 'stagnant under Zanu-PF govt'

2013-10-03 13:28
File: AFP

File: AFP

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Cape Town - Zimbabwean analysts say the country's economy has remained stagnant since Zanu-PF's overwhelming victory in the July elections, a report said.

According to SW Radio Africa, analysts said poor politics coupled with poor infrastructure and bad policies had resulted in the current state of the economy.

Economic analyst Bekithemba Mhlanga said it was difficult for Zimbabwe’s economy to thrive under an authoritarian leadership that was well known for its poor financial management.

President Robert Mugabe's Zanu-PF party won the disputed 31 July elections, which were dismissed as a "sham" by his long-time rival Morgan Tsvangirai of the Movement Democratic Change.

Two months after the polls, the country is still faced with severe water shortages and power outages, which analysts said highlighted the slide into economic, social and political disarray.

Another analyst, businessman and top MDC official Charlton Hwende, said however that it was too early to judge the success or failure of Mugabe's controversial victory, but acknowledged the mounting dissatisfaction among Zimbabweans.

Read more on:    mdc  |  zanu-pf  |  morgan tsvangirai  |  robert mugabe  |  zimbabwe  |  zimbabwe elections 2013  |  southern africa

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