MANGUDYA GOT IT WRONG : EX MINISTER

Reserve Bank of Zimbabwe governor John Mangudya’s keenly
awaited monetary policy statement (MPS) delivered last Wednesday has sparked
debate amid fears that the floating of the exchange rate will spark another
round of price increases.

Former Ec…

Reserve Bank of Zimbabwe governor John Mangudya’s keenly awaited monetary policy statement (MPS) delivered last Wednesday has sparked debate amid fears that the floating of the exchange rate will spark another round of price increases. Former Economic Development minister Tapiwa Mashakada believes the fears are justified and that the fiscal measures are bound to trigger hyperinflation.