The United Kingdom-based Companies and Markets raised fears that the infighting that has characterized the party could spark another economic meltdown if it is not properly addressed.
BMI warned that if the succession was not handled carefully and spiralled out of control, the revival of the country’s economy would be greatly affected.
“The political situation in Zimbabwe is very fluid and difficult to predict. If there are positive developments politically, our forecasts for economic growth would be rendered too low. On the other hand, if things unravel due to a vicious battle to succeed President Mugabe at the helm of Zanu (PF), for example, the economy could easily slide back into recession,” warned Companies and Markets in its latest report entitled ‘Zimbabwe Business Forecast Report: Third Quarter 2011’.