BITI : ECONOMIC BLOODBATH LOOMS

FORMER Finance
minister Tendai Biti has warned of a bloodbath in the absence of a liberalised
the exchange rate and  an injection of
liquidity into the economy.

 His warning comes on the back a persistent
liquidity crunch, exchange rate volatility and a wave of business closures and
corporate rescues.

“Companies are
paying the price of an uncertain political regime and exchange rate

FORMER Finance minister Tendai Biti has warned of a bloodbath in the absence of a liberalised the exchange rate and  an injection of liquidity into the economy.  His warning comes on the back a persistent liquidity crunch, exchange rate volatility and a wave of business closures and corporate rescues. “Companies are paying the price of an uncertain political regime and exchange rate