NewsDay, the privately-owned Zimbabwe newspaper, is reporting that all the provincial branches of President Mugabe’s party have passed votes of no confidence in his leadership.
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
We noted in June that Zimbabwe's cash crisis continued unabated.
Those awaiting cash transfers at a bank may wait a month to be cleared and, even then, the transfer may be refused.
The Standard, Zimbabwe’s leading Sunday newspaper, ran an article at the time entitled, “Black market thrives, as banks run dry.”
Some highlights from that article:
We noted yesterday that Zimbabwe military commander, General Constantino Chiwenga, said on state television that he was not launching a military coup, while Mugabe and his family were safe, they were targeting criminals around the Mugabe family and the situation will return to normal soon. Well, that changed fast and with events fluid, the latest from Zimbabwe is that the army is in control of the country, and holding president Mugabe "for his own safety", while it was removing “criminals” around him such as the country's finance minster.
Update: News24 reports that Zimbabwe military commander Chiwenga says on state television that this is not a military coup.
Chiwenga goes to say that the military will bring to justice those who are responsible for "social and economic suffering in the country," that Mugabe and his family are safe, and they are targeting "criminals" around the Mugabe family.. promising the situation will return to normal soon.