World Economy

Mugabe Says Economy to Rebound

Mugabe Says Economy to ReboundMugabe Says Economy to Rebound

Zimbabwe President Robert Mugabe stunned even his most ardent supporters, when he declared that the economy was on a rebound, with several firms reopening for business, in spite of evidence to the contrary, Yahoo reported. In a speech to mark Zimbabwe’s 36th Independence Day anniversary, Mugabe claimed his government had managed to turn around the economy and create jobs for the impoverished citizens, remarks, which exposed him for being out of touch. “My government is determined to translate political independence into meaningfulness, by attending to the socio-economic needs of our people,” he said.