Zimbabwe dollar no more?
Posted on 29/01/09 16:52:00
Over the last two years the Zim dollar has seen an unprecedented billion percent inflation. Recently a $100 trillion dollar note was introduced and last year ten, yes ten zeros were slashed. This has caused chaos in a country that is already suffering. It has meant people struggle to buy food as their money becomes worthless over a few days. Imagine paying for your bus ticket to work with a whole wheel barrow of cash!
At Victoria Falls you can purchase a variety of billion dollar a notes for as little as one US dollar. The notes even have a use by date on them.
An announcement by the finance minister Mr Chinamasa to allow both licensed and unlicensed Zimbabwe business to conduct transactions in foreign currency could stabilise the situation.
the spare room
Everyone needs a spare room, that space where you can pile all that stuff you dare not throw away but you're really not sure where it should go. It's always fun to have a nose around it though, you find things you completely forgot you'd kept hold of.
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