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WATCH: Has a new sun risen in Zimbabwe?
Emmerson Mnangagwa, who Robert Mugabe dismissed as vice-president earlier this month, will take over as interim president. He will also be Zanu-PF’s presidential candidate in next year’s elections. Mnangagwa will have enormous economic challenges to address — according to some estimates, 95% of the country’s workforce is unemployed. Added to that is crumbling infrastructure and widespread cash and food shortages. Since the military seized power last week, the Zimbabwean Stock Exchange’s market capitalisation has lost almost $6bn. Analyst Daniel Silke talks to Business Day TV about the similarities and parallels that can be drawn between the situation in Zimbabwe and what could lie ahead for SA. OR LISTEN TO THE AUDIO:
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