What was the state of the economy?
-By the beginning of November 1997, nearly 100 job actions had taken place in the country due to rising costs of food, business closures and a shrinking fiscus.
Turnall and Cottco listed on the Stock Exchange
Inflation increased from 11.6% in 1985 to 32.6% in 1996, falling to 25% by 1997. Real wages had fallen by nearly 25% and employment growth declined from an index of 2.4 to 1.5. Poverty levels had increased from 40.4% in 1990/91 to 63% in 1996.
McDonalds, announced they were searching for a local partner to build their first restaurant in Zimbabwe. KFC had just opened for the first time in Bulawayo. The Westgate Mall in Harare was opened and the Joina Centre project begun