Protesters block roads in Harare
Zimbabwe protesters blocked the roads and burned tires in a suburb of Harare , two days after President Emmerson Mnangagwa announced a considerable fuel price hike in an effort to stem a deepening economic crisis.
Cash shortages have plunged Zimbabwe’s economy into disarray, threatening widespread social unrest and undermining Mnangagwa’s efforts to win back foreign investors who massively left under his predecessor Robert Mugabe.
Mnangagwa’s announcement of a 150% increase in fuel prices was received with shock in Zimbabwe where unemployment is over 80%. The government sets fuel prices via the Zimbabwe Energy Regulatory Agency.