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Zimbabwe Economy:
At
present, Zimbabwe has one of the poorest performing economies
in the world. Inflation has reached triple digits forcing the
government
to revalue the country’s currency in June 2006. Agriculture
which was once a key sector has almost disintegrated following
the eviction of white farmers by the Mugabe government. Many Zimbabweans
especially in rural areas now rely on relief food aid for survival.
Tourism is another key industry that has struggled
in recent years with many visitors to the region preferring
alternative destinations
such as Zambia and South Africa. The national airline “Air
Zimbabwe” has experienced financial losses and a significant
drop in passenger numbers.
Other industries:
A resource rich country, other industries in Zimbabwe are; mining
of coal, gold, platinum, copper, nickel, tin, clay and metallic
and non-metallic ores. Other industries are chemicals, cement,
wood & timber, clothing, footwear, food and drink processing.
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