Zimbabwe Crumbles

Posted on June 4, 2007
Filed Under Public Policy |

"Zimbabwe’s government has admitted that so far this year only ten percent of the "normal wheat crop" has been planted. The reasons given include lack of fertilizer, lack of tractors, lack of fuel and electrical energy shortages. The government began a program about six weeks ago to ration electricity so that farmers would have reliable electricity during the planting season. Zimbabwe is already suffering corn shortages. With no alternatives, more people are fleeing the country. For an increasing number of people, the choice is between starvation and getting out. The number of refugees crossing the border has increased from 4,000 a month in 2004, to nearly 20,000 a month now. The population of 12 million appears to be shrinking as a result." – StrategyPage

Yeah, Zimbabwe is the perfect choice to be leading an economic development committee for the UN.

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Read more on Investing in Zimbabwe at Wikinvest

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