Zimbabwe faces economic uncertainty as the ruling party ZANU-PF battles internal succession disputes ahead of the 2028 elections. President Emmerson Mnangagwa seeks a term extension until 2030 despite constitutional limits, creating tensions within party leadership. Vice President Constantino Chiwenga reportedly challenged corruption allegations against Mnangagwa allies during recent politburo meetings.
The ruling party restructured key positions after heated discussions nearly derailed Mnangagwa's extension plans. Jacob Mudenda replaced Obert Mpofu as secretary-general, while other loyalists received strategic appointments. Businesses and citizens adopt cautious approaches amid political instability that historically accompanies ZANU-PF power struggles.
Previous party conflicts in 1997, 2008, and 2017 produced significant economic disruption and social upheaval. Market observers expect currency flight and reduced investment to persist as political uncertainty continues amid potential constitutional challenges.
The ruling party restructured key positions after heated discussions nearly derailed Mnangagwa's extension plans. Jacob Mudenda replaced Obert Mpofu as secretary-general, while other loyalists received strategic appointments. Businesses and citizens adopt cautious approaches amid political instability that historically accompanies ZANU-PF power struggles.
Previous party conflicts in 1997, 2008, and 2017 produced significant economic disruption and social upheaval. Market observers expect currency flight and reduced investment to persist as political uncertainty continues amid potential constitutional challenges.
