5 April 2018

Zimbabwe: Hyperinflation Legacy 'To Stay for Long Time'

Old Mutual Zimbabwe chief executive officer, Jonas Mushosho, says the effects of Zimbabwe's hyperinflation, which ruined the economy and destroyed the domestic currency, will linger on for a long time.

Mushosho, who is also Old Mutual Rest of Africa chief executive officer, said the devastation caused by the hyperinflationary crisis, which ended with dollarisation in 2009, is likely to affect Zimbabwe's economy for a long time.

Zimbabwe

Govt Revises Manufacturing Sector Growth Down to 1%

INDUSTRY Minister, Mangaliso Ndlovu has revised Zimbabwe's manufacturing sector growth for 2019 down to 1% from the… Read more »

See What Everyone is Watching

More From: Financial Gazette

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.