THE ZIMBABWEAN ECONOMY .

In the recent years, Zimbabwe as country has experienced an unprecedented economic decline in modern day history. Prior to this decline the Zimbabwean economy was only second to South Africa in the whole of the central, eastern and southern Africa region boasting of a well developed infrastructure base, educated populace, vibrant banking system and having all fundamentals functioning properly. The agro sector in particular was the envy of the world earning Zimbabwe the title of being the bread basket of Africa.

T hat Zimbabwe will regain its position within Southern Africa has never been doubted. The ingredients for an exponential growth have long existed and what has always been required is a political solution.

At the beginning of 2009 two significant changes happened in Zimbabwe which
changed the direction of the economy.

*  Firstly a unity government was constituted.
*  The second and more significant development that took place was the
   dollarisation of the economy.
*  As a result of these developments,

1.  Inflation which was in millions was immediately arrested and has
     averaged 1% since April 2009.
2.  The dollarisation mitigated convertibility risk and brought in the
     much needed stability to business trading.

The country has a projected growth rate of a minimum of 15% in year 2010. No doubt the winds of economic recovery are upon Zimbabwe and investors are frantically making moves to position themselves in anticipation of an economic boom. It is EMH's honest belief that those investors that take strategic positions NOW will reap the benefits of the coming economic boom.

.