Zim outlook gloomy

THE World Bank has warned that anxiety over Zimbabwe’s forthcoming elections and lack of clarity on the indigenisation and empowerment policy made the economic outlook in the coming year gloomy despite enormous potential by the mining sector to drive the economy.Report by Bernard Mpofu

According to the latest research note released by the multilateral lender at the High Level Technical Dialogue on Zimbabwe Growth Recovery held yesterday, economic growth is expected to slow down in the coming years due to political uncertainty.

Zimbabwe is headed for watershed elections expected to mark an end to the inclusive government formed in 2009.

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