Features

A violent crackdown in Zimbabwe

Zimbabwe remains on edge following a violent crackdown on fuel-price protests that has left 12 people dead.

931-Zim-634

Mnangagwa: meet the new boss

Zimbabwe remains on edge following a violent crackdown on fuel-price protests that has left 12 people dead, says Joseph Cotterill in the Financial Times. There are rumours thatthe "days of beatings andarrests carried out by soldiers against opposition and civic activists" are leading to a split within the ruling Zanu-PF party and in the security forces.

After he replaced Robert Mugabe as Zimbabwe's president, Emmerson Mnangagwa promised a "new Zimbabwe", says Panashe Chigumadzi in The New York Times. Hopes he would deliver this have "died" the country is mired in an economic crisis and Mnangagwa "has turned out to be no different from the strongman he served for decades". Even the hope he would be the kind of "decisive benevolent dictator" the economist Dambisa Moyo has argued African countries need has been dashed as the new regime "has not only closed Zimbabwe for business butalso violently shut downany chance for meaningfulcivic engagement".

It was "always nave" to think Mugabe's departure would solve everything, says The Daily Telegraph, but there is a "great deal of international goodwill towards Zimbabwe" that President Mnangagwa could have tapped into had he chosen to "break with the corrupt and despotic past". The country "desperately needs a return of Western investors and of the middle-class professionals forced to flee abroad". Western countries must "make it clear" that Mnangagwa must deliver his promised reform agenda or "remain an international pariah, just like his old boss".

Recommended

The charts that matter: the dollar extends its fall
Global Economy

The charts that matter: the dollar extends its fall

The US dollar took quite the tumble this week. Here’s how the charts that matter most to the global economy reacted.
17 Apr 2021
Why you should expect another stockmarket crash
Stockmarkets

Why you should expect another stockmarket crash

Many fear inflation, but a deflationary debt collapse is a more likely scenario in the near term, says Tim Lee
16 Apr 2021
What does the Coinbase listing mean for bitcoin and other cryptocurrencies?
Bitcoin

What does the Coinbase listing mean for bitcoin and other cryptocurrencies?

As the bitcoin price hit new highs, the world's biggest cryptocurrency exchange, Coinbase, listed on the stockmarket. John Stepek looks at what that m…
15 Apr 2021
US inflation is rising – but it’s not enough to rattle markets yet
Inflation

US inflation is rising – but it’s not enough to rattle markets yet

The latest US inflation figures showed that consumer prices are rising more rapidly than expected. But markets shrugged. John Stepek asks why, and wha…
14 Apr 2021

Most Popular

The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021
What does the Coinbase listing mean for bitcoin and other cryptocurrencies?
Bitcoin

What does the Coinbase listing mean for bitcoin and other cryptocurrencies?

As the bitcoin price hit new highs, the world's biggest cryptocurrency exchange, Coinbase, listed on the stockmarket. John Stepek looks at what that m…
15 Apr 2021
Properties for sale for around £400,000
Houses for sale

Properties for sale for around £400,000

From a converted church in Banffshire with views towards the Cairngorms National Park, to a period property in the Georgian market town of Beverley, e…
2 Apr 2021