Zimbabwe's Unemployment Hits 94%
A staggering statistic in a country ruled by a staggeringly corrupt and incompetent regime.
According to the UN's Office for the Coordination of Humanitarian Affairs (OCHA), "At close of 2008, only six percent of the population was formally employed, down from 30 percent in 2003."
Weeds are the only food many Zimbabweans
can afford even in Harare, the capital. (EPA photo)
That means that in a country of 12 million, only 480,000 people have steady employment, a direct result of the mind-blowing inflation rate, last estimated at 231 million percent.
And according to Agence France Press, were it not for the remittances from the three million Zimbabweans who have emigrated to neighboring countries, especially urban populations would be starving hungry.
An estimated three million Zimbabweans have fled the country's economic and political instability, and are now supporting their families with both cash and food.
"Importantly, in 2008 remittances from Zimbabweans in neighboring countries -- South Africa, Botswana, Zambia, Namibia and Mozambique -- were in the form of food and essential household commodities, as well as cash," the report said.
The article also cites the disastrous land reform of 2000, which confiscated some 4,000 farms from white owners, as another reason for the collapse of Zimbabwe's economy, which used to rely heavily on agricultural production.
We have another reason: President Robert Mugabe's draconian press laws eviscerated the media's capacity to keep the government accountable. What we have now is a regime based on thievery and naked corruption.




















