ZIMBABWE: RISK OF CURRENCY COLLAPSE RISES AS HYPERINFLATION TRIGGERS UNREST

   Fri, 19 July 2019

The introduction of Zimbabwe’s own currency last month has worsened inflation and the new ‘Zim dollar’ may collapse before the end of the year. The government is facing mounting pressures from unions, importers, and lending partners to resolve the economic crisis and the well-respected but politically weak finance minister may be offered as a scapegoat to appease critics. Unless new revenue sources can be found, the risk of unrest, strikes, and another military intervention will continue to rise in coming months.

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