Zimbabwe's Gono warns of 'inflation dragon'

Reserve Bank of Zimbabwe chief Gideon Gono urged Friday 11 August a fight against the "inflation dragon," saying it still posed a major threat to the economy although the rate has fallen back to just under 1 000% recently.

Gideon Gono said: "The successive modest decline in annual inflation over the months for June and July, is a welcome development that must re-energise all Zimbabweans to re-commit in the conviction that collectively we can tame the inflation dragon."

"As we welcome this posit