Harare, Zimbabwe today
As at 10:00 am GMT+2 today:
Temperature: 25°C
Humidity: 25.7%
Visibility: 8km
Clouds: Clear Skies
Wind: NNE at 7 km/h
Barometer: 1.009 atm
Dew Point: 4°C
Sunrise: 5:45 am GMT+2
Sunset: 5:47 pm GMT+2
Inflation: Was 11,2million % in August. Now no one knows anymore
Cabinet: What’s that?
Prime Minister: Unsowrn in
Official currency: Zimdollar
Unofficial currencies: Fuel coupons, maize, US dollars, SA Rands
Exchange rate: US$1 = ZW$300,000 at the transfer rate (revalued- TWICE)
Maximum daily withdrawl at the bank/ATM: ZW$1,000
Cost of public transport into town: ZW$500
Cost of a loaf of bread: ZW$2,000 (if you can find it)
Cost of a kg of beef: ZW$8,500
Main export: Educated Zimbabweans
Biggest industry: Forex dealing
Other industries: Buying and selling, more buying and selling, even more buying and selling
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I have a question Kufarisa, “How much forex is Zimbabwe earning from exporting educated Zimbabweans?”
No idea. It’s a lot though if it’s sustaining the populace. The interesting thing is that while the piece of paper is a passport to get out of the country, once out there, a lot of people end up doing totally unrelated stuff.
It would be interesting if we had some statistics to show just how much money comes from economic exiles. Clearly judging from the queues one see’s at the Western Union outlets it must be quite significant but I also think there is a lot of conjecture about what is really going on here. My initial post was really tongue in cheek though!!