The IMF has warned that Zimbabwe's economic situation remains very difficult. The fund's mission chief for Zimbabwe Gene Leon told Reuters news agency that immediate action was crucial to reduce the deficit, accelerate structural reforms and re-engage with the international community.
The former president of Zimbabwe, Robert Mugabe refused to accept a proposal to go into exile away from his home country and has said he wants to die in Zimbabwe.
There is high level of hope for a better economic transformation in Zimbabwe ahead of the inauguration of Mnangagwa as the interim president of the country after Robert Mugabe resigned after staying in power for 37 years.
Zimbabwe’s former vice president, Emmerson Mnangagwa, the man chosen by the Zanu PF party to become the next president returned to Harare on Wednesday to be sworn in as President.
The man called “The Crocodile” in Zimbabwean politics, Emmerson Mnangagwa is to be sworn in as President of Zimbabwe after the country’s long serving leader, Robert Mugabe resigned from the position on Tuesday.
Robert Mugabe has finally resigned as President of Zimbabwe after series of demands and calls for him to do so. It brings to an end his reign as leader of the Southern African country for the past 37 years.
The sacked vice president of Zimbabwe, Emmerson Mnanagagwa has said that President Robert Mugabe must resign to protect his legacy as he refuses to return to the country until his personal security is guaranteed.
