7th January 2013
Despite some reports suggesting that Zimbabwe’s economy is improving, statistics from the Employers’ Confederation of Zimbabwe (Emcoz) show a different picture for the average person.
According to the weekend Standard newspaper, between January and September 2012 more than 3,000 workers were retrenched across all sectors.
The director of Emcoz, John Mufukari, said: “You need to visit any industrial area and find out for yourself that they have been turned into shops. We have turned from a manufacturing to a supermarket economy,” he said.
In 2011 4,432 workers were retrenched and in 2010 6,972 were laid off. With an estimated unemployment rate of between 80 – 90%, these figures are disastrous.
The economy has improved for one small group of people of course, the ruling party chefs and the fat cats. 10% of the population are taking it all, and they don’t care if there isn’t a country left at the end.