ZIMBABWE: ECONOMY: Sanctions Could Hit Average Person Most

HARARE - As the international call for sanctions against Zimbabwe grows louder, some economists in the country are warning that the ordinary Zimbabwean is the most likely to suffer from such sanctions. Already, several companies, including British supermarket giant, Tesco, and German company Giesecke and Devrient, which supplies special paper used to print Zimbabwe’s currency, have pulled out. But according to John Robertson, a Harare-based economist, Tesco’s decision not to source farm produce from Zimbabwe will hit small private businesses in the agricultural sector the most. Giesecke & Devrient’s decision, says Robertson, will affect the procurement of much- needed food, fuel and other essential imports, The sanctions call follows the disputed March elections and an uncontested 27th June presidential runoff after Movement... [read full story]