531 billion percent inflation- we need new text books
I understand that the latest estimates put inflation in Zimbabwe at 531,000,000,000 %! That’s astounding even for me a Zimbo through and through. I laugh when I think of how so impossible it must be for people who have never been to Zim to understand how the bleep this is can exist in parallel with an economy that somehow still clunks along. Read more
Joy cometh in the Morgan
When I saw this photo of Morgan Tsvangirai visiting banks in Harare on Friday to assess the cash shortages I couldn’t help but smile at the sheer joy of the faces and body language captured. Zimbabweans are so pregnant with hope that perhaps this time, just perhaps this one time, the rock will move from the political entrance and let in the light of day.
“Joy cometh in the morning”
- Psalms 30:5
Original photo from NewZimbabwe.com
See the story here
The $1000 prayer
Dear Governor
We say no, no, no
Give us naught
Our daily $1000 note
But give us instead some real dough
Cause our feet hurt so
From queuing for note that buys not
Gideon Gono steps down. Really?
http://www.zimbabwemetro.com/news/gono-steps-down/
By Gerald Harper
Reserve governor Gideon Gono will step down on Thursday this week two months before his second term at the helm of the Central bank expires,sources revealed to Metro.
MDC secretary general Tendai Biti who is highly tipped to take over as Minister of Finance in the new all inclusive government early this year blamed Gono for Zimbabwe’s economic woes.
“Gono is the number one enemy of this country, not inflation,” Biti, MDC-Harare East said. “He has been stoking the fires of inflation through quasi-fiscal activities. Read more
Hi BACOSSI, meet Commander FOLIWAR
ACRONYMious? Gideon Gono does it again.
It seems that Mr Gono is in love with acronyms. The last few he has dished out: BACOSSI (Basic Commodity Supply Side Intervention), NEDPP (National Economic Develeopment Priority Programme), ASPEF (Agricultural Sector Productivity Enhancement Facility) and others have not really helped us.
But now he has come up with a whole new army of them and it is his hope that where BACOSSI and company lost some historic battles, these new battalions will win the war for us, as they are US dollar backed. It is my hope that at the end of all this the people and their Governor will not part acrimoniously or even ACRONYMiously.
Well, here they are: Read more
