August 24, 2006

Zimbabwe brain drain compounds crashing economy

Africa — aj @ 2:38 pm

African state Zimbabwe has been facing economic and currency hyperinflation following the disasterous rule of Robert Mugabe. Now 82 years old, Mugabe first became Prime Minister of Zimbabwe in 1980.

“Business analysts say the Great Trek to greener pastures is wrecking any chance of future economic recovery. The mass departure, mostly to the West and to South Africa and Botswana, has rendered ineffective efforts by both the government and the private sector to prop up the sick economy. Both have sunk billions of Zimbabwe dollars into new skills training - but most who complete the course or re-training quickly depart for a better life elsewhere.”

From SperoNews

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