Zimbabwean President Emmerson Mnangagwa on Saturday ordered banks to stop lending as part of a raft of measures he said were aimed at stabilising the economy. Mnangagwa said the move would stop speculation against the Zimbabwe dollar and curb a burgeoning parallel market where the local dollar was trading at nearly 400 to the US dollar, more than double last week’s official rate. But the AFP news agency, in an article that can be read on the News Blog page of the Future Media website, explains that the move has been criticized by the country’s captains of commerce who say it will backfire, create a parallel banking system, and usurp efforts to fix the moribund economy.