Zimbabwe

February 2007 | Market Strategy

President Robert Mugabe celebrated his 83rd birthday in style in late February, surrounded by his allies, with a lavish and expensive ceremony. Meanwhile, roughly 15% of the population faces starvation and 80% of the workforce is unemployed. According to the UN, at 27%, Zimbabwe has the world's highest proportion of orphans amongst adolescents, but aid agencies trying to help are finding it increasingly difficult to assist as their budgets are decimated by inflation and they are forced to import supplies at the grossly overvalued official exchange rate. We have seen a number of public protests, all of which have been

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