While adjustment is necessary for any system, as to deny to adjust is to refuse to allow a system or set of systems to function as they were intended to or to function in the most efficient manner, Structural Adjustment Programmes in Africa have failed largely because they are imposed by the International Financial Institutions (IFIs) without taking cognisance of the social and economic realities in the affected countries, economic analysts say.
The anthrax epidemic among black Zimbabweans in 1979 -80 which affected more than 10 000 people could have been part of Ian Smith’s biological warfare to fight the increasing insurgence by Zimbabwe’s freedom fighters, Dr Meryl Nass, an American expert who carried out a three-year study into the case has concluded.
Retrenchments or wage freezes currently being implemented by Zimbabwean companies because of the current economic crisis could be doing more damage to those companies according to experts.
Although most countries in Africa are striving to create jobs for their citizens very few have comprehensive employment policies.
With reports that Zimbabwe will need at least three normal average rainy seasons to achieve the standard of living or Gross Domestic Product it had in 1980, questions are being asked about how serious the government really is to revive the country’s declining agricultural production.
Hopes of the gold price rising above the US$400 mark which most believe is adequate to ensure the viability of mines are fast fading.