New Zimbabwe President promises financial stability, elections in 2018

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Mnangagwa is new Zimbabwe President
Photo: BBC/Reuters

Zimbabwe President, Emmerson Mnangagwa, promised on Friday that elections would be held in 2016 as scheduled and outlined a broad vision for restoring economic and financial stability.

He said this in his maiden speech as Zimbabwe’s new president.

Mnangagwa, known as “The Crocodile,” takes the helm from the nation’s leader of 37 years, Robert Mugabe, 93, whose rule saw the economy collapse.

Mugabe stepped down on Tuesday after a bloodless coup that drained away almost all of his support.

Mnangagwa, 75, is Mugabe’s former deputy and long-time comrade. He had long been tipped as Mugabe’s replacement.

However, he was accused of “disloyalty” and sacked earlier this month after he came into conflict with Mugabe’s ambitious wife, Grace, who also wished to take over from her increasingly doddery husband.

But the…

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