State firms threaten to wreck Zimbabwe’s turnaround

FINANCE minister Mthuli Ncube is concerned that failing state-owned enterprises (SOEs) will derail Zimbabwe’s rosier 2021 economic prospects. This comes as the government is targeting a gross domestic product (GDP) growth rate of 7,4 percent next year, from a projected official contraction of 4,5 percent in 2020. At the same time, the International Monetary Fund’s…

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