Reserve Bank of Zimbabwe governor, John Mangudya ZIMBABWE spent nearly $300 million foreign currency on avoidable imports in the first half of 2017. By year-end, these avoidable imports will be a huge part of an expected $6 billion import bill, adding to an unsustainable trade deficit. Electricity and steel imports, at $121 million and $46 million respectively, in the first six months of the year are some of the imports Zimbabwe could have avoided, if government had exercised foresight and judicious management of national assets. To this list, add grain imports, which cost the country $111 million in foreign currency during the same period. Zimbabwe’s precarious balance of payments situation is compounded by the fact that…