063_Global12_InFocus_Zimbabwe

Global 13

In FocusZimbabwe national appeal and divided the country. minister, Patrick Chinamasa, introduced the Nevertheless, during the 2008 elections, use of a basket of three currencies (the US MDC won a majority in parliament and dollar, South African rand and Botswana Tsvangirai won the first round of the presi- pula) as the medium of exchange in Zim- dential election – 47 percent to Mugabe’s babwe. This meant that the inflation-bat- 43 percent, but did not get the mandatory tered Zimbabwe dollar had to die a natural 51 percent to win outright. death. Today, the US dollar has become the Tsvangirai’s subsequent boycott of the main medium of exchange, its introduction second round of the presidential election, bringing the country’s multi-trillion percent even though he had said several times be- inflation rate down to a single digit almost fore then that he would compete, handed a overnight. vital lifeline to Mugabe and Zanu PF. Ts- Now, life has returned to almost normal vangirai’s decision (whoever advised him in Zimbabwe – the shops are full, car sales to change his mind did him a huge disserv- outlets are bristling with the latest models, ice) allowed Mugabe and Zanu PF space to and businesses are gradually returning to breathe and regroup. It was a serious tacti- their former vibrant selves. However, un- cal mistake by Tsvangirai and the MDC. employment is still very high, and even Against a background of political and those in employment are generally on low social upheaval, with inflation breaking all wages. Life for most ordinary Zimbabwe- known records, a group of Africa’s ‘wise ans is hard. The hope is that the elections men’ persuaded the two MDC formations The hope is that elections will revive the economy will usher in a new phase of international and Zanu PF to form the inclusive govern- as president, now the onus was on Tsvan- confidence in the country, attract fresh in- ment, which was inaugurated in February girai, who became prime minister, and the vestment and allow Zimbabwe to begin its 2009. The pact that established the inclu- MDC to prove that they had the ability to economic and social recovery.● sive government, called the Global Politi- run a government and turn around the coun- cal Agreement (GPA), gave the day-to-day try’s fortunes. Baffour Ankomah is Editor of the London- running of the government to Tsvangirai Weeks before the coalition government basedNew Africanmagazine 2_AWSGFZ_Global13(v):Layout 1 05/01/2013 11:22 Page 1came into being, the Zanu PF acting financeand the MDC. Though Mugabe remained When you can’t wait for your freight … Our services: • Customs Clearing Freight forwarding for • Air • Sea • Rail • Road • Imports & Exports • Warehousing www.aws.co.zw Allen Wack and Shepherd Global Freight is a leader in customs clearing and freight forwarding from and into Zimbabwe. Grounded by our African roots we have a strong global network that allows us to reach into all major trading destinations to expedite your imports and exports by air, road, rail and sea. globalfirst quarter 2013 www.global-briefing.org l63


Global 13
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