THE Zimbabwean economy is going through structural regression, with rapid de-industrialisation, burgeoning external debt, an over 85% formal unemployment rate and nominal growth due to declining investment and a biting liquidity crunch.
Between 2011 and 2015 over 4 610 companies closed their doors leaving over 55 000 workers redundant, putting further pressure on a cash-strapped population. This year's harvest has failed due to poor rains while a regional maize shortage and empty government coffers will leave thousands without sufficient food.
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