Zimbabwe economy. Legally, the information revolution has thrown up new issues to do with growth promotion, regulation, standards and protection of society from negative, harmful material,” noted the report. “The main recommendation is the need for review of existing media laws in line with the Constitution, including media regulation and removal off all penal measures and criminalisation.” However, the enthusiasm to implement the findings seemed to have been lost with the reassignment of Professor Jonathan Moyo to the Ministry of Higher Education from that of Media, Information and Broadcasting Services where he was spearheading the IMPI process. Economic Impact on Media The environment for freedom of expression and media was greatly affected by the declining economy. Vigorous and various attempts to attract foreign investors continued to fall flat, due in part to the Indigenisation Act which compels foreign companies to cede 51% shareholding to locals and is a clause that most investors find constraining. Another major burden for the business sector, was the effect of perennial water and electricity shortages, which according to a Confederation of Zimbabwe Industries (CZI) survey, reduced capacity utilisation in the manufacturing sector from 34.3% from 36.5%. All these problems were topped by the exposure of malfeasance and mismanagement in public institutions by Auditor-General Mildred Chiuri during her tabled report to Parliament. Her 2015 report noted that among many other anomalies, bad corporate governance and mismanagement had led to the loss of US$180 million in public funds which could not be properly accounted for. Despite adoption of a progressive Constitution in 2013 that guarantees media freedom and freedom of expression and the launch of the country’s Media Panel of Inquiry recommending the reform of oppressive laws, the country has not seen any meaningful shifts in the country’s legislation or policies. This harsh economic situation affected the media in terms of content and ethics as the industry was driven solely by the bottom line mantra. Sensational and superficial stories became the order of day as newspapers