Eight in ten people have no formal jobs; inflation, officially estimated at more than 3,700%, may actually be twice as high.
So President Robert Mugabe has decided to try to do something about the galloping prices of basic goods. Ignoring protests from Gideon Gono, the governor of the central bank, Mr Mugabe, who famously despises “bookish economics”, has sent the police in to order shopkeepers to slash their prices, forcing them to sell at a loss. The predictable result is huge crowds waiting outside shops to rush in and grab whatever they can while the going is good. Factories are threatened with being taken over if they stop production. Hundreds of shopkeepers have been arrested, accused of not lowering their prices enough.
By the way, before trying to help Africa, you should read this or this.