Credible elections could prompt de-dollarisation in Zimbabwe
Last week President Emmerson Mnangagwa completed his first 100 days in office, promising a break with the past and a business-friendly environment
Increased public support for Zimbabwe’s governing Zanu-PF party since the ousting of Robert Mugabe in November will translate into a better environment ahead of the forthcoming elections, according to Business Monitor International (BMI), a member of the Fitch group. Zimbabwe’s next elections are due to be held in July or August — the first to be held without Mugabe’s participation since independence in 1980. The new president, Emmerson Mnangagwa, has just completed his first 100 days in office, promising a break with the past and a business-friendly environment. Mnangagwa has also committed to free and fair elections, saying international observers — largely banned under Mugabe save for those from a few friendly countries and organisations such as the African Union — will be allowed to monitor the process. This time around, the envisaged closer scrutiny from the international community, along with Zanu-PF’s improved image and weak opposition parties mean that "we see little reason ...
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