Tuesday, 21 January 2020

Zimbabwe Opposition Vows Rolling Protests Over Economy

Zimbabwe Opposition Vows Rolling Protests Over Economy https://ift.tt/36frJmu January 21, 2020 at 09:30PM Yahoo News - Latest News & Headlines https://ift.tt/27ryfmF

Zimbabwe Opposition Vows Rolling Protests Over Economy(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterZimbabwe’s opposition Movement for Democratic Change will hold a series of demonstrations this year over the government’s failure to address the deteriorating economy.The southern African nation had the continent’s fastest-shrinking economy last year, after Libya, and its annual inflation rate was outpaced globally only by Venezuela, International Monetary Fund estimates show. Zimbabwe is grappling with shortages of food, fuel and foreign-exchange, while its inability to pay for adequate electricity imports and breakdowns at power plants have led to outages of as long as 18 hours a day.“This year is going to be a year of demonstrations and action,” MDC leader Nelson Chamisa told party supporters in the capital, while outlining their plans for this year.” This year it must be known that demonstrations are coming. It is time to fight for Zimbabwe we all want and have been dreaming of.”Previous protests by anti-government activists have resulted in brutal repression. At least 18 people have been killed in demonstrations since Emmerson Mnangagwa came to power in November 2017.To contact the reporter on this story: Godfrey Marawanyika in Harare at gmarawanyika@bloomberg.netTo contact the editors responsible for this story: Gordon Bell at gbell16@bloomberg.net, Paul Richardson, Alastair ReedFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.




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