After being denounced for years for its dictatorship and destructive economic policies, Zimbabwe entered a new chapter in November 2017, following the military’s removal of president Robert Mugabe, who ruled the country for 37 years.
Retired army chief Constantino Chiwenga, who led a de facto coup last month that ended Robert Mugabe’s 37-year rule, was installed as Zimbabwe’s Vice President in Harare today.
Former President Robert Mugabe who was forced to resign on 21 November after 37 years in office will be entitled to at least six bodyguards and his wife and children will be looked after by the State when he dies.
Former Zimbabwe Defence Forces chief Constantino Chiwenga and Defence Minister Kembo Mohadi have been appointed Zimbabwe’s Vice-Presidents and will be sworn in tomorrow.
Zimbabwe’s price increase puzzle will remain unresolved until government restores normalcy on the currency market that has multiple exchange rates and addresses the dollar note shortage, experts say.
Foreign buyers are making a comeback on the Zimbabwe Stock Exchange (ZSE) in December, with particular interest in Old Mutual plc shares and take positions as the group breaks its vast financial empire into four strategic units.