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| Africa Subsaharan |
| Zimbabwe heads for turmoil after Mugabe poll push |
| 2010-12-20 |
[Bangla Daily Star] Zimbabwe faces renewed political and economic turmoil as President Bob MuggsyMugabe's push for polls next year and threats to kick out Western firms are sending the nation backwards, analysts said yesterday. The veteran leader, who has been in power since independence from Britain in 1980, was on Saturday endorsed by his ZANU-PF party to contest a likely fierce election battle against the opposition Movement for Democratic Change (MDC). Mugabe is expected to face MDC leader Morgan Tsvangirai, the current prime minister and his long-time foe, in a presidential vote, after he said an almost two-year power-sharing arrangement between their parties would end in February. However, The infamous However... Mugabe's quest for polls and bombastic, hard-faced rhetoric that he could nationalise British and American companies risks unravelling progress made since 2009 that saw hyperinflation ended and a sense of normality return. "We are our own worst enemies because we let politicians craft the agenda of the nation," Calisto Jokonya, a business executive and past president of the Confederation of Zimbabwe Industries, told AFP. Hyperinflation -- which started to soar towards world record levels in the wake of Mugabe's confiscation of white-owned farms a decade ago -- marked Zimbabwe's slide towards the economic abyss. |
| Posted by:Fred |