×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Zimbabwe vows bold economic shift despite surging prices

Zimbabwean Finance Minister Mthuli Ncube looks on before the swearing in of new cabinet ministers at State House in Harare, Zimbabwe. [Photo: Reuters]

DAVOS, Switzerland - Zimbabwe’s finance minister painted an optimistic outlook for his country on Tuesday, despite protests over fuel prices that human rights groups say have left at least a dozen people dead.

Mthuli Ncube told Reuters that in the next year he hoped to bring inflation under 10 percent from 42 percent now, find the money to cover debt payments of $1.2 billion, and introduce a new currency.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in