Now 75, but with three more years in office, President Mugabe has once again dodged the question about when he will retire.
The bull run on the Zimbabwe Stock Exchange which began in January and was temporarily halted by President Robert Mugabe’s remarks that judges who were questioning the government’s illegal detention of two journalists should resign seems to be back on track and there is wide speculation the key industrial index could reach 8000 points.
With yields now expected to be lower than had initially been anticipated because of the incessant rains, forward prices at the Zimbabwe Commodity Exchange (Zimace) are firming with some offers for white maize as high as $5 000 for March, April and May deliveries.
If Zimbabwe did not have a constitutional crisis as of February 18 when President Robert Mugabe told diplomats so, it definitely now has one on its hands unless the government quickly diffuses the situation.
With auction floors due to open in two months, Zimbabwe’s tobacco farmers, after receiving a battering last year in which they were only saved by the depreciation of the Zimbabwe dollar, are anxiously waiting to see how the crop will fare this year largely because of the devaluation of the Brazil currency which some fear could result in even lower prices than last year.