EDITORIAL: Mthuli Ncube takes Zimbabwe from bad to worse
Finance minister has little to show for his efforts as country grapples with daily power cuts and shortages of basic goods amid its worst economic crisis in a decade
22 August 2019 - 05:09
When Mthuli Ncube accepted the job as finance minister of Zimbabwe in 2018, the former banker took on the daunting task of crafting a recovery plan for the moribund economy.
He pursued the tried-and-tested Bretton Woods monetary and fiscal order, helping our neighbour run a budget surplus for the first time in a decade. He stopped printing money, which had led to hyperinflation of more than 500-billion percent in 2008...
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