Zimbabwe economy turns around

Worries remain despite economy growing by five per cent after years of financial ruin.



    After 12 years of recession and financial ruin, new figures show that Zimbabwe's economy has grown by nearly five per cent, with estimates of an even better result next year.

    But analysts say Zimbabwe’s shaky coalition government could undermine economic progress.

    Robert Mugabe, Zimbabwe's president, and Morgan Tsvangirai, the prime minister, are feuding over implementing certain terms in a power-sharing deal signed earlier this year.

    As Al Jazeera's Haru Mutasa reports from the capital, Harare, the instability has worried investors in a country where 80 per cent of the population is unemployed.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Death from above: Every Saudi coalition air raid on Yemen

    Death from above: Every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.