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Zimbabweans take stock of political upheaval

Zimbabweans take stock of political upheaval
By Euronews
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Zimbabweans give the politcial changes a cautious welcome as the stock market suffers billion-euro losses.


Zimbabwe’s stock market has suffered losses of around five billion euros since the Army took power a little over a week ago (November 15). In the countryside, there’s been a cautious welcome to the political upheaval. While some hope the incoming president will ease their plight, others fear reprisals if they publically voice an opinion.

Farmer, Emmanuel Neyakudya, said:

"I am afraid [...] To answer your questions." A plethora of problems awaits incoming leader Emmerson Mnangagwa. Much of the country’s 13-million-strong population remains poor, there are currency shortages and sky-high unemployment.

Justin Chingore, business owner is hoping there will be change.

"Our expectations to the new president, incoming president, is to open up to the markets, outside markets, to bring in more investors," he said.

Mnangagwa has pledged jobs for Zimbabweans, economic growth and renewed relations with the international community.

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