Zimbabwe's economy struggles

Jan. 28, 2011 at 9:26 AM
| License Photo

JOHANNESBURG, South Africa, Jan. 28 (UPI) -- Conditions in Zimbabwe haven't improved much since President Robert Mugabe and two rivals signed a power-sharing agreement in 2008, statistics indicate.

The Consumer Council of Zimbabwe said the cost of living is $500 monthly and the basic monthly salary is $150, the Johannesburg, South Africa, Mail & Guardian reported.

"Nothing has changed in this country. We are still suffering. It's all dog-eat-dog in Zimbabwe," said Rufaro Mataka, a resident of Glendale, northeast of Zimbabwe's capital city of Harare. "All the talk about political stabilization is much ado about nothing."

Finance Minister Tendai Biti recently said the country could face a "bloodbath" at future elections and warned of "disastrous, debilitating consequences" if the contested elections of 2008 are repeated.

"Our position as a country is one that is unfortunate," said Job Wiwa Sikhala, leader of the MCD99 opposition party in Zimbabwe.

"However, the blame lies squarely on our shoulders as citizens. We entrusted our future into the hands con men, looters, thieves, murderers and heartless wolves. The results are horrible. As a country we have moved 100 years back, economically we are back to hunting and gathering."

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Demand for mobile phones in North Korea means two per household
Islamic State re-captures part of key Kurdish-held border town in Syria
Volcanic eruption alerts authorities in Japan
Girl Scouts chapter returns $100K donation that excluded transgender girls
More than 1,000 prisoners, some al-Qaida, escape Yemeni prison