Zimbabwe To Expect An Imminent Second Economic Collapse says Fadzayi Mahere

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The return of the Zimbabwean dollar signals the imminent second collapse of the economy in a decade, said Fadzayi Mahere.

Her remarks follows the release of new bank notes by the RBZ to ease the current cash crunch which has been met with mixed feelings.

Mahere said a more difficult economic environment has been fueled by this development.

“Hyperinflation, the proliferation of the black market, erosion of salaries and shortages if not already here, are coming soon.

Fully, only gloom and doom, i dont see any possible good that can come from this,” she said.

She added that those running the government are gambling with people’s lives while they cushion themselves from the consequences by corruption and theft of state resources.