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
"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