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Canada Inflation and repression, Zimbabwe's explosive cocktail

13:05  01 august  2020
13:05  01 august  2020 Source:   liberation.fr

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Hyperinflation in Zimbabwe was a period of currency instability in Zimbabwe that, using Cagan' s definition of hyperinflation, began in February 2007.

Zimbabwe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. Inflation Rate in Zimbabwe is expected to be 400.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

A Harare, le 22 juillet, premier jour du couvre-feu instauré par le président Emmerson Mnangagwa. © Tsvangirayi Mukwazhi In Harare, July 22, the first day of the curfew instituted by President Emmerson Mnangagwa. Robert Mugabe's successor, Emmerson Mnangagwa, arrested several opponents and banned the anti-corruption protest that was to be held in the capital on Friday.

The illusion quickly dissipated. Two and a half years after the overthrow of old dictator Robert Mugabe , the new government in Zimbabwe has failed to deliver the change it dreams of. Rather, it has thrown the southern African country into a crisis reminiscent of the regime’s darkest hours. Economically, Zimbabwe is suffocating, strangled by inflation of over 700% . About 60% of the population, or 8.6 million people, will be food insecure by the end of the year, due to "the combined effects of drought, economic recession and the pandemic ”of Covid-19, warned the World Food Program on Thursday.

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inflation remains Zimbabwe ’ s biggest challenge. As a result, even though numerous. reasons have been highlighted as the potential cause of Zimbabwe ’ s problem, the. ‘A Decade of Suffering in Zimbabwe : Economic Collapse and Repression under Robert Mugabe’.

Zimbabwe , suffering the world’ s second-highest inflation rate, won’t publish price data for the next six months as unrest mounts over surging costs and shortages. The Zimbabwe National Statistics Agency won’t report year-on-year inflation figures until February 2020, Finance Minister Mthuli Ncube

The humanitarian catastrophe is coupled with brutal repression. Here again Mugabe's successor, Emmerson Mnangagwa, 77, did not abandon the authoritarian and hasty methods of the former regime, of which he was one of the main pillars. When he came to power, he had nevertheless promised a "new deal" and a "new democracy". The formula turned out to be a simple slogan to appeal to international creditors - who were not fooled.

Cardboard signs On July 20, police arrested investigative journalist Hopewell Chin'ono, who had revealed a scheme of personal enrichment benefiting Emmerson Mnangagwa's son, in a $ 60 million contract for the delivery of sanitary equipment as part of the fight against the Covid-19 epidemic. On the same day, the leader of the small opposition Transform Zimbabwe party, Jacob Ngarivhume, was also taken into custody. He called for a protest march this Friday against corruption. The two men are being prosecuted for "public incitement to violence".

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Zimbabwe ’ s monthly inflation rate more than doubled in October as food costs surged, bringing the nation closer to a new bout of hyperinflation. Zimbabwe ’ s official annual inflation rate was the second highest in the world, at 176%, when the statistics office suspended the data.

Zimbabweans are heading home for the holiday season after working and saving up to take much-needed essentials to their families. And this time, they may be

The feverish authorities took the threat very seriously. The opposition rally was obviously banned and the security forces placed "on high alert". This Thursday, the streets of the capital, Harare, were completely deserted, except for police patrols. The stores remained closed. A few protesters briefly dared to march, in a dispersed fashion, with hastily written cardboard placards, demanding the release of Chin’ono and Ngarivhume. 61-year-old writer Tsitsi Dangarembga, nominated for the prestigious British literary Booker Prize, was arrested in the street, along with several opponents.

Rumors of Division

"The protest movement has no real leader, it is disparate, and that is precisely what worries the regime," said Alex Magaisa of Kent University of Law. Mnangagwa knows perfectly well how to silence an opponent. This time the spark is political, as activists react to the detention of Chin’ono and Ngarivhume, but the economic situation is so desperate that it may add to a much wider, deeper, more popular anger. ” For the political analyst, close to the opposition, the President's nervousness can also be explained by rumors of divisions within the ruling clan. "He fears more than anything disloyalty, an internal sling", estimates the researcher. Didn't Mnangagwa impose himself by pushing

out of his old comrade and independence struggle mentor,

Robert Mugabe? The former guerrilla is determined to do everything to prevent a repeat of the scenario.

"Fear that hope will disappear": in Zimbabwe, activists and opponents facing repression .
© ZINYANGE AUNTONY During an anti-government demonstration in Harare, Zimbabwe, July 31, 2020 "Rotten apples", "terrorists" or "dark forces": these are some of the terms used by Zimbabwean President Emmerson Mnangagwa to designate his political opponents whom he has promised to pursue, in a logic of increasingly harsh repression.

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