Renowned economist and financial analyst Professor Gift Mugano has predicted that the Zimbabwean economy will collapse by August.
In an interview on the weekly series of Covid-19 Business lessons with the Buy Zimbabwe founder and Minex Chairman Munyaradzi Hwengwere, Prof Mugano said the government’s decision to pay civil servants a COVID-19 allowance in United States dollars will exert pressure on the private sector to pay forex-based salaries.
Below is the video.
