Economics
The Mugabe Economy in Charts Highlights Challenges for Zimbabwe
- Current-account deficit has persisted for more than a decade
- Zimbabwe’s external liabilities are at almost 80% of GDP
Mugabe's Era Is Ending as Military Seals Off Parliament
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Zimbabwe’s economy has fallen to the 20th biggest in sub-Saharan Africa from 10th when President Robert Mugabe came into power almost four decades ago.
The southern African nation’s military took control from Mugabe on Wednesday, fueling tentative hopes that a new leader can reverse the effects of policies which led to a collapse in agricultural production, hyperinflation and the exodus of an estimated 3 million people.