Economics

Zimbabwe’s Economy Is Hobbled by a Clash of Egos

Finance minister, central bank governor disagree on policies
Unilateral decisions by Treasury have surprised central bank

Street vendors sell goods in a market in Harare, Zimbabwe. — Street vendors sell goods in a market in Harare, Zimbabwe.
Photographer: Dan Kitwood/Getty Images

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By Ray Ndlovu, Godfrey Marawanyika, and Antony Sguazzin

December 13, 2019 at 3:33 AM EST

Updated on

December 13, 2019 at 8:43 AM EST

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At the heart of Zimbabwe’s economic paralysis is a personality clash.

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Before it’s here, it’s on the Bloomberg Terminal