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Mugabe 'doesn't have the stamina'

05 August 2013, 10:05

Cape Town – Zimbabwean President Robert Mugabe and his Zanu-PF party might have swept to victory but the grim reality of dealing with a stunted economy and creating jobs are the sternest test for the 89-year-old ruler, according to a report.

Daily News also said Mugabe "might also not have the stamina to effectively supervise his ministers, a situation which could further entrench corruption and fuel economic collapse".

Economists and political advisors say with Mugabe at the helm, armed with his populist expropriation policies, there is no way Zanu-PF could rescue the country from the edge of a precipice.

Renowned economist John Robertson said Zanu-PF enforced policies such as indigenisation will "indeed bleed the economy" and "discourage investors".

"We need restoration of the rule of law, including inhibition of unauthorised land and other property acquisitions," Robertson said, adding that Zanu-PF’s empowerment policy was benefiting a few.

When Mugabe ruled alone without a coalition government donors distanced themselves, sending Zimbabwe on a downward economic spiral.

By 2008, the nation’s inflation had soared to 200 million percent.

- News24


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